Income inequality and financial crises: evidence from the bootstrap rolling window

Income inequality and financial crises: evidence from the bootstrap rolling window

Abstract This study aims to investigate the validity of the Rajan hypothesis, which argues that increasing income inequality plays a key role in the outbreak of financial crises. The relationship between income inequality and credit booms are examined in 10 developed countries: Australia, Canada, De...

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Bibliographic Details
Main Authors: Mehmet Akif Destek, Bilge Koksel
Format: Article
Language:English
Published: SpringerOpen 2019-05-01
Series:Financial Innovation
Subjects:
Income inequality
Credit booms
Financial crisis
Rolling window estimation
Online Access:http://link.springer.com/article/10.1186/s40854-019-0136-2

Internet

http://link.springer.com/article/10.1186/s40854-019-0136-2

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