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Gunes Gokmen . Photo

Gunes Gokmen

Associate senior lecturer

Gunes Gokmen . Photo

Inequality in the aftermath of financial crises: some empirical evidence

Author

  • Gunes Gokmen
  • Annaig Morin

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