Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/314063 
Year of Publication: 
2019
Citation: 
[Journal:] Journal of Applied Economics [ISSN:] 1667-6726 [Volume:] 22 [Issue:] 1 [Year:] 2019 [Pages:] 304-320
Publisher: 
Taylor & Francis, Abingdon
Abstract: 
We use a local projection approach to analyze the effect of economic recessions on income inequality in a comprehensive sample of 43 countries from 1960 to 2016. Although we consider both business-cycle and growth-cycle recessions, we fail to find evidence of significant positive impacts of economic downturns on income distribution, once controls are added to the model. However, we do find important differences across countries, which mainly depend on the degree of economic development.
Subjects: 
Economic cycles
income inequality
local projections
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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