The role of fiscal policy in the link between income inequality and banking crises

被引：18

作者：

Apergis, Nicholas ^{[1
]}

机构：

[1] Univ Derby, Dept Econ & Finance, Derby, England

来源：

APPLIED ECONOMICS LETTERS | 2021年 / 28卷 / 15期

关键词：

Banking crises; income inequality; fiscal policy; panel data; GROWTH;

D O I：

10.1080/13504851.2020.1808570

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper explores the link between income inequality and banking crises, when inequality is affected by fiscal policy. Using a two-stage probit least squares method and a panel of 21 countries, spanning the period 1971-2017, the findings indicate that inequality impacts the probability of banking crises through budget deficits, followed by government expenses.

引用

收藏

页码：1283 / 1287

页数：5

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