Economic crises and Inequality

01 November 2011

United Nations Development Programme

Human Development Reports Research Paper 2011/06 November 2011. Authors: A B Atkinson and Salvatore Morelli

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This paper is concerned with the impact of economic crises on the inequality of resources and with the impact of inequality on the probability of economic crises. Is it the poor who bear the brunt? Or are crises followed by a reversal of previous boom in top incomes?