How do banking crises impact on income inequality?
AbstractWe 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.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 19 (2012)
Issue (Month): 15 (October)
Contact details of provider:
Web page: http://www.tandfonline.com/RAEL20
Other versions of this item:
- Luca Agnello & Ricardo M. Sousa, 2011. "How do Banking Crises Impact on Income Inequality?," NIPE Working Papers 30/2011, NIPE - Universidade do Minho.
- E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
- E44 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Financial Markets and the Macroeconomy
- H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Jong-eun Lee, 2010. "Inequality in the globalizing Asia," Applied Economics, Taylor & Francis Journals, vol. 42(23), pages 2975-2984.
- Romain Ranciere & Michael Kumhof, 2011.
"Inequality, Leverage and Crises,"
2011 Meeting Papers
1374, Society for Economic Dynamics.
- Fitoussi Jean Paul & Saraceno Francesco, 2010. "Europe: How Deep Is a Crisis? Policy Responses and Structural Factors Behind Diverging Performances," Journal of Globalization and Development, De Gruyter, vol. 1(1), pages 1-19, January.
- Changkyu Choi, 2006. "Does foreign direct investment affect domestic income inequality?," Applied Economics Letters, Taylor & Francis Journals, vol. 13(12), pages 811-814.
- Frederick Solt, 2009. "Standardizing the World Income Inequality Database," Social Science Quarterly, Southwestern Social Science Association, vol. 90(2), pages 231-242.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2011.
"From Financial Crash to Debt Crisis,"
American Economic Review,
American Economic Association, vol. 101(5), pages 1676-1706, August.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:CitEc Project, subscribe to its RSS feed for this item.
- Vítor Castro, 2013.
"Macroeconomic Determinants of the Credit Risk in the Banking System: The Case of the GIPSI,"
GEMF Working Papers
2013-12, GEMF - Faculdade de Economia, Universidade de Coimbra.
- Vítor Castro, 2012. "Macroeconomic determinants of the credit risk in the banking system: The case of the GIPSI," NIPE Working Papers 11/2012, NIPE - Universidade do Minho.
- G. Bellettini & F. Delbono, 2013.
"Persistence of high income inequality and banking crises: 1980-2010,"
wp885, Dipartimento Scienze Economiche, Universita' di Bologna.
- Giorgio Bellettini & Flavio Delbono, 2013. "Persistence of High Income Inequality and Banking Crises: 1980-2010," CESifo Working Paper Series 4293, CESifo Group Munich.
- Vítor Castro & Megumi Kubota, 2013.
"Duration dependence and change-points in the likelihood of credit booms ending,"
NIPE Working Papers
09/2013, NIPE - Universidade do Minho.
- Castroa, Vitor & Kubota, Megumi, 2013. "Duration dependence and change-points in the likelihood of credit booms ending," Policy Research Working Paper Series 6475, The World Bank.
- Vitor Castro & Megumi Kubota, 2013. "Duration dependence and change-points in the likelihood of credit booms ending," GEMF Working Papers 2013-17, GEMF - Faculdade de Economia, Universidade de Coimbra.
- Agnello, Luca & Mallick, Sushanta K. & Sousa, Ricardo M., 2012.
"Financial reforms and income inequality,"
Elsevier, vol. 116(3), pages 583-587.
- L, Agnello. & R, M. Sousa., 2012. "How does Fiscal Consolidation Impact on Income Inequality?," Working papers 382, Banque de France.
- Castro, Vítor, 2013. "Macroeconomic determinants of the credit risk in the banking system: The case of the GIPSI," Economic Modelling, Elsevier, vol. 31(C), pages 672-683.
- Luca Agnello & Ricardo M. Sousa, 2012. "Fiscall Adjustments and Income Inequality:A First Assessment," NIPE Working Papers 19/2012, NIPE - Universidade do Minho.
- Luca Agnello & Ricardo M. Sousa, 2011. "Fiscal Consolidation and Income Inequality," NIPE Working Papers 34/2011, NIPE - Universidade do Minho.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.