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