How do banking crises impact on income inequality?
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...
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| Format: | article |
| Language: | eng |
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2012
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| Online Access: | http://hdl.handle.net/1822/20005 |
| Country: | Portugal |
| Oai: | oai:repositorium.sdum.uminho.pt:1822/20005 |