Functional income distribution in Brazil: 1947-2019
Abstract
Abstract
The paper presents the functional income distribution for the Brazilian economy between 1947 and 2019. It is the first study that computes the functional income distribution for the whole period with official Brazilian national accounts. The wage share increased, the share of mixed earnings declined, while the labour share and the profit share were trendless between 1947 and 2019. The cyclical movements of the functional income distribution were driven by economic and political factors in Brazil.
Keywords: Wage share, Mixed income, Income distribution, National Accounts, Brazilian economy, Inequality.
JEL Codes: E01 E25, J30, N16, N36
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Copyright (c) 2022 Alessandro Donadio Miebach, Adalmir Antonio Marquetti
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