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Thesis

The long run evolution of inequality and macroeconomic shocks

Abstract:

This thesis is concerned with two main questions. Do systemic banking crises substantially affect the income distribution in a country? Is income inequality a destabilising factor for the macro-economy? In order to answer the first question, this thesis examines a panel of 26 countries since 1900 and assembles a new database of crises, finding that the impact of major banking crises on the national income shares detained by the income groups within the richest decile is mostly small in mag...

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Institution:
University of Oxford
Research group:
INET@Oxford - Programme on Economic Modeling
Oxford college:
St Antony's College
Department:
Social Sciences Division - Economics
Role:
Author

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Publication date:
2013
Type of award:
DPhil
Level of award:
Doctoral
Awarding institution:
Oxford University, UK
URN:
uuid:03fd894e-581e-4c80-9ee6-bc965b9e5aed
Local pid:
ora:7660

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