How do banking crises impact on income inequality?

Luca Agnello, Ricardo M. Sousa, Luca Agnello

Risultato della ricerca: Articlepeer review

41 Citazioni (Scopus)

Abstract

We show that banking crises have an important effect on income distribution: inequality increases before banking crisis episodes and sharply declines afterwards. We also find that, while a large government size does not per se seem to reduce inequality, a rise in financial depth (i.e. better access to credit provided by the banking sector) contributes to a more equal distribution of income.
Lingua originaleEnglish
pagine (da-a)1425-1429
Numero di pagine5
RivistaApplied Economics Letters
Volume19
Stato di pubblicazionePublished - 2012

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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