Inequality in the Aftermath of Financial Crises: Some Empirical Evidence

Gunes Gokmen*, Annaig Morin

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Abstrakt

Analyzing 70 countries over the period 1973–2006, we empirically show that, in the aftermath of financial crises, income inequality exhibits no general pattern of change. This holds for both advanced and emerging economies. However, when we break down the analysis by crisis types, we find that, after stock market crises, inequality goes down in advanced countries, while there is no statistically significant association in emerging ones.
OriginalsprogEngelsk
TidsskriftApplied Economics Letters
Vol/bind26
Udgave nummer19
Sider (fra-til)1558-1562
Antal sider5
ISSN1350-4851
DOI
StatusUdgivet - 2019

Emneord

  • Financial crises
  • Income inequality

Citationsformater