How do banking crises impact on income inequality?

被引：57
|
作者：
Agnello, Luca [1 ,2 ]
Sousa, Ricardo M. [3 ,4 ]
机构：
[1] Banque France, Serv Etud Polit Finances Publ FIPU, Paris, France
[2] Univ Palermo, Dept Econ Business & Finance, Palermo, Italy
[3] London Sch Econ, FMG, London WC2A 2AE, England
[4] Univ Minho, Dept Econ, Braga, Portugal
来源：
APPLIED ECONOMICS LETTERS | 2012年 / 19卷 / 15期
关键词：
inequality; banking crisis; financial depth; government size;
D O I：
10.1080/13504851.2011.631885
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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.
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页码：1425 / 1429
页数：5
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