Advanced

Inequality in the aftermath of financial crises: some empirical evidence

Gokmen, Gunes LU and Morin, Annaig (2019) In Applied Economics Letters 26(19). p.1558-1562
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.
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Financial crises, income inequality, D31, D53, D63, G01
in
Applied Economics Letters
volume
26
issue
19
pages
1558 - 1562
publisher
Routledge
external identifiers
  • scopus:85061994987
ISSN
1466-4291
DOI
10.1080/13504851.2019.1584366
language
English
LU publication?
yes
id
70b33ac0-b21b-41a8-af0d-d1cec7dbdfe4
date added to LUP
2019-02-22 16:17:46
date last changed
2020-01-13 01:30:25
@article{70b33ac0-b21b-41a8-af0d-d1cec7dbdfe4,
  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.},
  author       = {Gokmen, Gunes and Morin, Annaig},
  issn         = {1466-4291},
  language     = {eng},
  month        = {02},
  number       = {19},
  pages        = {1558--1562},
  publisher    = {Routledge},
  series       = {Applied Economics Letters},
  title        = {Inequality in the aftermath of financial crises: some empirical evidence},
  url          = {http://dx.doi.org/10.1080/13504851.2019.1584366},
  doi          = {10.1080/13504851.2019.1584366},
  volume       = {26},
  year         = {2019},
}