Gunes Gokmen
Associate senior lecturer
Inequality in the aftermath of financial crises: some empirical evidence
Author
Summary, in English
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.
Department/s
- Department of Economics
Publishing year
2019-02-22
Language
English
Pages
1558-1562
Publication/Series
Applied Economics Letters
Volume
26
Issue
19
Document type
Journal article
Publisher
Routledge
Topic
- Economics
Keywords
- Financial crises
- income inequality
- D31
- D53
- D63
- G01
Status
Published
ISBN/ISSN/Other
- ISSN: 1466-4291