Abstract
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.
| Original language | English |
|---|---|
| Journal | Applied Economics Letters |
| Volume | 26 |
| Issue number | 19 |
| Pages (from-to) | 1558-1562 |
| Number of pages | 5 |
| ISSN | 1350-4851 |
| DOIs | |
| Publication status | Published - 2019 |
Keywords
- Financial crises
- Income inequality
Cite this
Gokmen, G., & Morin, A. (2019). Inequality in the Aftermath of Financial Crises: Some Empirical Evidence. Applied Economics Letters, 26(19), 1558-1562. https://doi.org/10.1080/13504851.2019.1584366