How do banking crises impact on income inequality?

被引:61
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
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.
引用
收藏
页码:1425 / 1429
页数:5
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