Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/77714
Authors: 
Bellettini, Giorgio
Delbono, Flavio
Year of Publication: 
2013
Series/Report no.: 
CESifo Working Paper 4293
Abstract: 
Differently from Atkinson and Morelli (2011) who detect no clear link between increases in income inequality and systemic banking crises, we show that a large majority of crises occurred between 1982 and 2008 have been preceded by persistently high levels of income inequality. Such association is robust when considering Gini values for incomes after-tax as well as before-tax and transfers. Moreover, we investigate the pattern of income inequality levels before and after a group of banking crises and the relative levels of income inequality in a large sample of OECD countries that did not experience banking crises between 1980 and 2010.
JEL: 
E00
Document Type: 
Working Paper

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