Persistence of High Income Inequality and Banking Crises: 1980-2010
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- G. Bellettini & F. Delbono, 2013. "Persistence of high income inequality and banking crises: 1980-2010," Working Papers wp885, Dipartimento Scienze Economiche, Universita' di Bologna.
References listed on IDEAS
- Alberto Alesina & Dani Rodrik, 1994.
"Distributive Politics and Economic Growth,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(2), pages 465-490.
- Alberto Alesina & Dani Rodrik, 1991. "Distributive Politics and Economic Growth," NBER Working Papers 3668, National Bureau of Economic Research, Inc.
- Rodrik, Dani & Alesina, Alberto, 1994. "Distributive Politics and Economic Growth," Scholarly Articles 4551798, Harvard University Department of Economics.
- Alesina, Alberto F & Rodrik, Dani, 1991. "Distributive Politics and Economic Growth," CEPR Discussion Papers 565, C.E.P.R. Discussion Papers.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2009.
"Varieties of Crises and Their Dates,"
Introductory Chapters, in: This Time Is Different: Eight Centuries of Financial Folly,
Princeton University Press.
- Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "This Time Is Different: Eight Centuries of Financial Folly," Economics Books, Princeton University Press, edition 1, volume 1, number 8973.
- Reinhart, Carmen, 2009. "The Second Great Contraction," MPRA Paper 21485, University Library of Munich, Germany.
- repec:ilo:ilowps:470934 is not listed on IDEAS
- Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2011.
"Top Incomes in the Long Run of History,"
Journal of Economic Literature, American Economic Association, vol. 49(1), pages 3-71, March.
- Anthony B. Atkinson & Thomas Piketty & Emmanuel Saez, 2009. "Top Incomes in the Long Run of History," NBER Working Papers 15408, National Bureau of Economic Research, Inc.
- Anthony Atkinson & Thomas Piketty & Emmanuel Saez, 2011. "Top Incomes in the Long Run of History," Post-Print halshs-00754557, HAL.
- Anthony Atkinson & Thomas Piketty & Emmanuel Saez, 2011. "Top Incomes in the Long Run of History," PSE-Ecole d'économie de Paris (Postprint) halshs-00754557, HAL.
- Luca Agnello & Ricardo M. Sousa, 2012.
"How do banking crises impact on income inequality?,"
Applied Economics Letters, Taylor & Francis Journals, vol. 19(15), pages 1425-1429, October.
- Luca Agnello & Ricardo M. Sousa, 2011. "How do Banking Crises Impact on Income Inequality?," NIPE Working Papers 30/2011, NIPE - Universidade do Minho.
- Michael Bordo & Barry Eichengreen & Daniela Klingebiel & Maria Soledad Martinez-Peria, 2001. "Is the crisis problem growing more severe?," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 16(32), pages 52-82.
- Persson, Torsten & Tabellini, Guido, 1994.
"Is Inequality Harmful for Growth?,"
American Economic Review, American Economic Association, vol. 84(3), pages 600-621, June.
- Persson, T. & Tabellini, G., 1993. "Is Inequality Harmful for Growth," Papers 537, Stockholm - International Economic Studies.
- van Treeck, Till. & Sturn, Simon., 2012. "Income inequality as a cause of the Great Recession? : A survey of current debates," ILO Working Papers 994709343402676, International Labour Organization.
- Jean-Paul Fitoussi & Francesco Saraceno, 2009. "How Deep is a Crisis? Policy Responses and Structural Factors Behind Diverging Performances," Documents de Travail de l'OFCE 2009-31, Observatoire Francais des Conjonctures Economiques (OFCE).
- Anthony B. Atkinson & Salvatore Morelli, 2011. "Economic crises and Inequality," Human Development Research Papers (2009 to present) HDRP-2011-06, Human Development Report Office (HDRO), United Nations Development Programme (UNDP).
- Bordo, Michael D. & Meissner, Christopher M., 2012.
"Does inequality lead to a financial crisis?,"
Journal of International Money and Finance, Elsevier, vol. 31(8), pages 2147-2161.
- Michael D. Bordo & Christopher M. Meissner, 2012. "Does Inequality Lead to a Financial Crisis?," NBER Working Papers 17896, National Bureau of Economic Research, Inc.
- Engelbert Stockhammer, 2012. "Rising Inequality as a Root Cause of the Present Crisis," Working Papers wp282, Political Economy Research Institute, University of Massachusetts at Amherst.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bilin Neyapti, 2018.
"Income distribution and economic crises,"
International Finance, Wiley Blackwell, vol. 21(3), pages 273-296, December.
- Bilin Neyapti & Derin Aksit, 2015. "Income Distribution and Economic Crises," Koç University-TUSIAD Economic Research Forum Working Papers 1523, Koc University-TUSIAD Economic Research Forum.
- Rémi Bazillier & Jérôme Hericourt, 2017.
"The Circular Relationship Between Inequality, Leverage, And Financial Crises,"
Journal of Economic Surveys, Wiley Blackwell, vol. 31(2), pages 463-496, April.
- Rémi Bazillier & Jérôme Hericourt, 2014. "The Circulare Relationship between inequality, Leverage and Financial Crisis," Working Papers halshs-01204821, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The circular relationship between inequality, leverage and financial crises," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01375654, HAL.
- Rémi BAZILLIER & Jérôme HERICOURT, 2015. "The Circular Relationship between Inequality, Leverage, and Financial Crisis," LEO Working Papers / DR LEO 1968, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The Circular Relationship between Inequality, Leverage, and Financial Crises," Working Papers halshs-01251360, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The circular relationship between inequality, leverage and financial crises," Post-Print halshs-01375654, HAL.
- Salvatore Morelli & Anthony Atkinson, 2015.
"Inequality and crises revisited,"
Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(1), pages 31-51, April.
- Salvatore Morelli & Anthony B. Atkinson, 2015. "Inequality and Crises Revisited," CSEF Working Papers 387, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Mathias Klein, 2015. "Inequality and household debt: a panel cointegration analysis," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(2), pages 391-412, May.
- Heshmati, Almas & Kim, Jungsuk, 2014.
"A Survey of the Role of Fiscal Policy in Addressing Income Inequality, Poverty Reduction and Inclusive Growth,"
IZA Discussion Papers
8119, Institute of Labor Economics (IZA).
- Jungsuk Kim & Almas Heshmati, 2016. "A Survey of the Role of Fiscal Policy in Addressing Income Inequality, Poverty Reduction and Inclusive Growth," Working Papers id:8421, eSocialSciences.
- Mikhail Stolbov, 2015.
"Anatomy of international banking crises at the onset of the Great Recession,"
International Economics and Economic Policy, Springer, vol. 12(4), pages 553-569, October.
- Stolbov, Mikhail, 2013. "Anatomy of international banking crises at the onset of the Great Recession," MPRA Paper 51236, University Library of Munich, Germany.
- Bellettini, Giorgio & Delbono, Flavio & Karlström, Peter & Pastorello, Sergio, 2019. "Income inequality and banking crises: Testing the level hypothesis directly," Journal of Macroeconomics, Elsevier, vol. 62(C).
- repec:liu:liucej:v:14:y:2017:i:1:p:57-85 is not listed on IDEAS
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Till Treeck, 2014. "Did Inequality Cause The U.S. Financial Crisis?," Journal of Economic Surveys, Wiley Blackwell, vol. 28(3), pages 421-448, July.
- Karolin Kirschenmann & Tuomas Malinen & Henri Nyberg, 2014. "The risk of financial crises: Is it in real or financial factors?," Working Papers 336, ECINEQ, Society for the Study of Economic Inequality.
- Rémi Bazillier & Jérôme Hericourt, 2017.
"The Circular Relationship Between Inequality, Leverage, And Financial Crises,"
Journal of Economic Surveys, Wiley Blackwell, vol. 31(2), pages 463-496, April.
- Rémi Bazillier & Jérôme Héricourt, 2014. "The Circular Relationship between Inequality, Leverage, and Financial Crises: Intertwined Mechanisms and Competing Evidence," Working Papers 2014-22, CEPII research center.
- Rémi BAZILLIER & Jérôme HERICOURT, 2015. "The Circular Relationship between Inequality, Leverage, and Financial Crisis," LEO Working Papers / DR LEO 1968, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The Circular Relationship between Inequality, Leverage, and Financial Crises," Working Papers halshs-01251360, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2014. "The Circulare Relationship between inequality, Leverage and Financial Crisis," Working Papers halshs-01204821, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The circular relationship between inequality, leverage and financial crises," Post-Print halshs-01375654, HAL.
- Rémi Bazillier & Jérôme Hericourt, 2016. "The circular relationship between inequality, leverage and financial crises," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01375654, HAL.
- Bellettini, Giorgio & Delbono, Flavio & Karlström, Peter & Pastorello, Sergio, 2019. "Income inequality and banking crises: Testing the level hypothesis directly," Journal of Macroeconomics, Elsevier, vol. 62(C).
- Salvatore Morelli, 2018.
"Banking crises in the US: the response of top income shares in a historical perspective,"
The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(2), pages 257-294, June.
- Salvatore Morelli, 2018. "Banking crises in the US: the response of top income shares in a historical perspective," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(2), pages 257-294, June.
- Salvatore Morelli, 2014. "Banking Crises in the US: the Response of Top Income Shares in a Historical Perspective," CSEF Working Papers 359, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Thomas Goda, 2013. "Changes in income inequality from a global perspective: An overview," Working Papers PKWP1303, Post Keynesian Economics Society (PKES).
- Bodea, Cristina & Houle, Christian & Kim, Hyunwoo, 2021. "Do financial crises increase income inequality?," World Development, Elsevier, vol. 147(C).
- Danilo Šuković, 2014. "Did Economic Inequality Cause the Economic Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 61(3), pages 369-387, June.
- Fischer, Ronald & Huerta, Diego & Valenzuela, Patricio, 2019.
"The inequality-credit nexus,"
Journal of International Money and Finance, Elsevier, vol. 91(C), pages 105-125.
- Ronald Fischer & Diego Huerta & Patricio Valenzuela, 2017. "The Inequality-Credit Nexus," Documentos de Trabajo 330, Centro de Economía Aplicada, Universidad de Chile.
- Salvatore Morelli & Anthony Atkinson, 2015.
"Inequality and crises revisited,"
Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(1), pages 31-51, April.
- Salvatore Morelli & Anthony B. Atkinson, 2015. "Inequality and Crises Revisited," CSEF Working Papers 387, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Kirschenmann, Karolin & Malinen, Tuomas & Nyberg, Henri, 2016. "The risk of financial crises: Is there a role for income inequality?," Journal of International Money and Finance, Elsevier, vol. 68(C), pages 161-180.
- Perugini, Cristiano & Hölscher, Jens & Collie, Simon, 2013. "Inequality, credit expansion and financial crises," MPRA Paper 51336, University Library of Munich, Germany.
- Pablo García S. & Camilo Pérez N., 2017.
"Desigualdad, inflación, ciclos y crisis en Chile,"
Estudios de Economia, University of Chile, Department of Economics, vol. 44(2 Year 20), pages 185-221, December.
- Pablo García & Camilo Pérez, 2016. "Desigualdad, Inflación, Ciclos y Crisis en Chile," Working Papers Central Bank of Chile 783, Central Bank of Chile.
- Bhattacharyya, Sambit & Resosudarmo, Budy P., 2015.
"Growth, Growth Accelerations, and the Poor: Lessons from Indonesia,"
World Development, Elsevier, vol. 66(C), pages 154-165.
- Sambit Bhattacharyya & Budy R. Resosudarmo, 2013. "Growth, Growth Accelerations and the Poor: Lessons from Indonesia," Departmental Working Papers 2013-15, The Australian National University, Arndt-Corden Department of Economics.
- Sambit Bhattacharyya & Budy P. Resosudarmo, 2013. "Growth, Growth Accelerations and the Poor: Lessons from Indonesia," CSAE Working Paper Series 2013-14, Centre for the Study of African Economies, University of Oxford.
- Mathonnat, Clément & Williams, Benjamin, 2020. "Does more finance mean more inequality in times of crisis?," Economic Systems, Elsevier, vol. 44(4).
- Ghislain N. Gueye & Hyeongwoo Kim & Gilad Sorek, 2017.
"Pitfalls In Testing For Cointegration Between Inequality And The Real Income,"
Economic Inquiry, Western Economic Association International, vol. 55(2), pages 941-950, April.
- Ghislain N. Gueye & Hyeongwoo Kim & Gilad Sorek, 2015. "Pitfalls in Testing for Cointegration between Inequality and the Real Income," Auburn Economics Working Paper Series auwp2015-15, Department of Economics, Auburn University.
- Ghislain N. Gueye & Hyeongwoo Kim & Gilad Sorek, 2016. "Pitfalls in Testing for Cointegration between Inequality and the Real Income," Auburn Economics Working Paper Series auwp2016-07, Department of Economics, Auburn University.
- Pascal Paul, 2018. "Historical Patterns of Inequality and Productivity around Financial Crises," 2018 Meeting Papers 583, Society for Economic Dynamics.
- Ọláyínká Oyèkọ́lá, 2024. "Life may be unfair, but do democracies make it any less burdensome?," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 22(3), pages 577-602, September.
- de Haan, Jakob & Sturm, Jan-Egbert, 2017.
"Finance and income inequality: A review and new evidence,"
European Journal of Political Economy, Elsevier, vol. 50(C), pages 171-195.
- Jakob de Haan & Jan-Egbert Sturm, 2016. "Finance and income inequality: A review and new evidence," KOF Working papers 16-410, KOF Swiss Economic Institute, ETH Zurich.
- Jakob de Haan & Jan-Egbert Sturm & Jakob de Haan, 2016. "Finance and Income Inequality: A Review and New Evidence," CESifo Working Paper Series 6079, CESifo.
- Huang, Ho-Chuan (River) & Fang, WenShwo & Miller, Stephen M. & Yeh, Chih-Chuan, 2015.
"The effect of growth volatility on income inequality,"
Economic Modelling, Elsevier, vol. 45(C), pages 212-222.
- Ho-Chuan Huang & WenShwo Fang & Stephen M. Miller, 2012. "The Effect of Growth Volatility on Income Inequality," Working papers 2012-09, University of Connecticut, Department of Economics.
- Ho-Chuan (River) Huang & WenShwo Fang & Stephen M. Miller, 2012. "The Effect of Growth Volatility on Income Inequality," Working Papers 1203, University of Nevada, Las Vegas , Department of Economics.
More about this item
JEL classification:
- E00 - Macroeconomics and Monetary Economics - - General - - - General
Statistics
Access and download statisticsCorrections
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:ces:ceswps:_4293. See general information about how to correct material in RePEc.
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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/cesifde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.