Do economic recessions cause inequality to rise?

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...

Full description

Bibliographic Details
Main Authors: Máximo Camacho, Gonzalo Palmieri
Format: Article
Language:English
Published: Taylor & Francis Group 2019-01-01
Series:Journal of Applied Economics
Subjects:
Online Access:http://dx.doi.org/10.1080/15140326.2019.1620982