The rich, poor, and middle class: Banking crises and income distribution
| dc.rights.license | open | en_US |
| hal.structure.identifier | Bordeaux Sciences Economiques [BSE] | |
| dc.contributor.author | HERRADI, Mehdi El | |
| hal.structure.identifier | Bordeaux Sciences Economiques [BSE] | |
| dc.contributor.author | LEROY, Aurelien
IDREF: 197655467 | |
| dc.date.accessioned | 2022-09-06T13:49:02Z | |
| dc.date.available | 2022-09-06T13:49:02Z | |
| dc.date.issued | 2022-06 | |
| dc.identifier.issn | 0261-5606 | en_US |
| dc.identifier.uri | oai:crossref.org:10.1016/j.jimonfin.2022.102695 | |
| dc.identifier.uri | https://oskar-bordeaux.fr/handle/20.500.12278/140654 | |
| dc.description.abstractEn | How do banking crises affect rich, middle-class and poor households? This paper quantifies the distributional implications of banking crises for a panel of 132 economies over the 1970–2017 period. We rely on different empirical settings, including an instrumental variable approach, that exploit the geographical diffusion of banking crises across borders. Our results show that banking crises systematically reduce the income share of rich households and positively affect middle-class households. We also find that income inequality increases during periods preceding the occurrence of a banking crisis. | |
| dc.language.iso | EN | en_US |
| dc.source | crossref | |
| dc.subject.en | Bankingcrises | |
| dc.subject.en | incomedistribution | |
| dc.subject.en | inequality | |
| dc.title.en | The rich, poor, and middle class: Banking crises and income distribution | |
| dc.type | Article de revue | en_US |
| dc.identifier.doi | 10.1016/j.jimonfin.2022.102695 | en_US |
| dc.subject.hal | Économie et finance quantitative [q-fin] | en_US |
| dc.subject.jel | G - Financial Economics::G0 - General::G01 - Financial Crises | en_US |
| dc.subject.jel | D - Microeconomics::D3 - Distribution::D33 - Factor Income Distribution | en_US |
| dc.subject.jel | D - Microeconomics::D6 - Welfare Economics::D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement | en_US |
| bordeaux.journal | Journal of International Money and Finance | en_US |
| bordeaux.page | 102695 | en_US |
| bordeaux.hal.laboratories | Bordeaux Sciences Economiques / Bordeaux School of Economics -BSE) - UMR 6060 | en_US |
| bordeaux.institution | Université de Bordeaux | en_US |
| bordeaux.institution | CNRS | en_US |
| bordeaux.peerReviewed | oui | en_US |
| bordeaux.inpress | non | en_US |
| bordeaux.import.source | dissemin | |
| hal.identifier | hal-03770620 | |
| hal.version | 1 | |
| hal.date.transferred | 2022-09-06T13:49:12Z | |
| hal.export | true | |
| workflow.import.source | dissemin | |
| dc.rights.cc | Pas de Licence CC | en_US |
| bordeaux.COinS | ctx_ver=Z39.88-2004&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.jtitle=Journal%20of%20International%20Money%20and%20Finance&rft.date=2022-06&rft.spage=102695&rft.epage=102695&rft.eissn=0261-5606&rft.issn=0261-5606&rft.au=HERRADI,%20Mehdi%20El&LEROY,%20Aurelien&rft.genre=article |
