Camacho, Maximo; Palmieri, Gonzalo - In: Journal of applied economics 22 (2019) 1, pp. 304-320
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...