IDEAS home Printed from
   My bibliography  Save this article

Distributional Consequences of Financial Crises: Evidence from Recent Crises


  • ArmaÄŸan Gezici

    (Keene State College, Keene, NH,


The paper examines the distributional consequences of financial crises based on the lessons of the past crises experiences of Argentina, Brazil, Korea, Mexico, and Turkey. It identifies the possible channels through which crises may affect functional and personal distribution of income. It concludes that the crises of the last two decades have both pro-capital and pro-finance distributional outcomes. JEL classification: D31, E25, O15, G01

Suggested Citation

  • ArmaÄŸan Gezici, 2010. "Distributional Consequences of Financial Crises: Evidence from Recent Crises," Review of Radical Political Economics, Union for Radical Political Economics, vol. 42(3), pages 373-380, September.
  • Handle: RePEc:sae:reorpe:v:42:y:2010:i:3:p:373-380

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    financial crises; labor share; income distribution;

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • G01 - Financial Economics - - General - - - Financial Crises


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:reorpe:v:42:y:2010:i:3:p:373-380. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (SAGE Publications). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.