TY - JOUR
T1 - Inequality in the Aftermath of Financial Crises
T2 - Some Empirical Evidence
AU - Gokmen, Gunes
AU - Morin, Annaig
PY - 2019
Y1 - 2019
N2 - 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.
AB - 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.
KW - Financial crises
KW - Income inequality
KW - Financial crises
KW - Income inequality
UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=954925276533&rft.object_portfolio_id=&svc.holdings=yes&svc.fulltext=yes
U2 - 10.1080/13504851.2019.1584366
DO - 10.1080/13504851.2019.1584366
M3 - Journal article
AN - SCOPUS:85061994987
VL - 26
SP - 1558
EP - 1562
JO - Applied Economics Letters
JF - Applied Economics Letters
SN - 1350-4851
IS - 19
ER -