Banking Sector Crises and Inequality

Honohan, Patrick

doi:10.1596/1813-9450-3659

Publication:
Banking Sector Crises and Inequality

dc.contributor.author	Honohan, Patrick
dc.date.accessioned	2012-06-15T20:10:23Z
dc.date.available	2012-06-15T20:10:23Z
dc.date.issued	2005-07
dc.description.abstract	An apparent temporary narrowing of income inequality has been observed during several recent banking crises. But it would be a mistake to conclude that such crises don't matter for the poor. For one thing, the correlation is not strong, and the opposite pattern has also been present. Besides, the poor are much less able to absorb a cut in income: safety-net policies are crucial during a downturn even if the gap between rich and poor has temporarily narrowed. More fundamentally, distributional shifts during the crisis may be less important than the fact that underlying financial policy and infrastructures conducive to crisis can also be associated with more unequal societies.	en
dc.identifier	http://documents.worldbank.org/curated/en/2005/07/6045536/banking-sector-crises-inequality
dc.identifier.uri	http://hdl.handle.net/10986/8201
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper; No. 3659
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ABSOLUTE POVERTY
dc.subject	ADVERSE EFFECTS
dc.subject	BANK DEPOSITS
dc.subject	BANKING SECTOR
dc.subject	BANKING SYSTEM
dc.subject	BANKING SYSTEMS
dc.subject	BANKRUPTCY
dc.subject	BENCHMARK
dc.subject	CENTRAL BANK
dc.subject	CORRUPTION
dc.subject	COUNTRY DATA
dc.subject	COUNTRY DUMMIES
dc.subject	CRISES
dc.subject	CROSS-COUNTRY ANALYSIS
dc.subject	CROSS-COUNTRY DATA
dc.subject	CROSS-COUNTRY STUDY
dc.subject	CYCLICAL VOLATILITY
dc.subject	DATA SET
dc.subject	DEBT
dc.subject	DEPOSIT ACCOUNTS
dc.subject	DISTRIBUTIONAL CHANGES
dc.subject	DISTRIBUTIONAL EFFECTS
dc.subject	ECONOMIC CRISES
dc.subject	ECONOMIC DECLINE
dc.subject	ECONOMIC DOWNTURNS
dc.subject	ECONOMIC MECHANISMS
dc.subject	ECONOMIC SHOCKS
dc.subject	EMPIRICAL EVIDENCE
dc.subject	EMPIRICAL STUDIES
dc.subject	EQUILIBRIUM
dc.subject	EXOGENOUS SHOCKS
dc.subject	EXPENDITURES
dc.subject	EXPLANATORY VARIABLES
dc.subject	EXTERNAL IMBALANCES
dc.subject	EXTERNAL SHOCKS
dc.subject	EXTREME POVERTY
dc.subject	FINANCIAL ASSETS
dc.subject	FINANCIAL CRISES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL DEPTH
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL LIBERALIZATION
dc.subject	FINANCIAL SECTOR
dc.subject	FOREIGN EXCHANGE
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GINI COEFFICIENT
dc.subject	GLOBAL VIEW
dc.subject	GNP
dc.subject	GNP PER CAPITA
dc.subject	GROWTH DATA
dc.subject	GROWTH RATES
dc.subject	HOUSEHOLD DATA
dc.subject	HOUSEHOLD INCOME
dc.subject	HOUSEHOLD INCOMES
dc.subject	HOUSEHOLD SURVEYS
dc.subject	IMPLYING
dc.subject	INCOME
dc.subject	INCOME DISTRIBUTION
dc.subject	INCOME GROUPS
dc.subject	INCOME INEQUALITY
dc.subject	INCOME LEVEL
dc.subject	INCOME LEVELS
dc.subject	INCOME SHARE
dc.subject	INCREASED INEQUALITY
dc.subject	INEQUALITY
dc.subject	INEQUALITY ESTIMATES
dc.subject	INEQUALITY MEASURES
dc.subject	INFLATION
dc.subject	INFLATION RATE
dc.subject	INFLATION TAX
dc.subject	INSURANCE
dc.subject	INTEREST RATE
dc.subject	INTEREST RATES
dc.subject	INVOLUNTARY UNEMPLOYMENT
dc.subject	LABOR MARKET
dc.subject	LABOR MARKETS
dc.subject	LATIN AMERICAN
dc.subject	LEGAL ORIGIN
dc.subject	LENDING RATES
dc.subject	LIQUIDITY
dc.subject	LIVING STANDARDS
dc.subject	LONG-TERM GROWTH
dc.subject	LORENZ CURVE
dc.subject	MACROECONOMIC ADJUSTMENTS
dc.subject	MACROECONOMIC CONDITIONS
dc.subject	MEAN INCOME
dc.subject	MEAN VALUE
dc.subject	MEASURED INEQUALITY
dc.subject	MEASUREMENT ERROR
dc.subject	MEDIAN INCOME
dc.subject	NATIONAL INCOME
dc.subject	NOMINAL INTEREST RATE
dc.subject	OUTPUT GAP
dc.subject	POLICY IMPLICATIONS
dc.subject	POLICY RESEARCH
dc.subject	POLICY VARIABLES
dc.subject	POOR PEOPLE
dc.subject	POSITIVE
dc.subject	POSITIVE EFFECT
dc.subject	POVERTY GAP
dc.subject	POVERTY HEADCOUNT
dc.subject	POVERTY IMPACT
dc.subject	POVERTY INCIDENCE
dc.subject	POVERTY INCREASES
dc.subject	POVERTY MEASURES
dc.subject	PRICE CHANGES
dc.subject	PRICE STABILITY
dc.subject	PRODUCERS
dc.subject	PRODUCTION GOODS
dc.subject	PROPERTY RIGHTS
dc.subject	PUBLIC INFRASTRUCTURE
dc.subject	PUBLIC SPENDING
dc.subject	PURCHASING POWER
dc.subject	QUANTITATIVE APPROACH
dc.subject	RATIONAL EXPECTATIONS
dc.subject	REAL EXCHANGE RATE
dc.subject	REAL INCOME
dc.subject	REAL WAGE
dc.subject	REAL WAGE RATES
dc.subject	REAL WAGES
dc.subject	REGRESSION ANALYSIS
dc.subject	RELATIVE DEMAND
dc.subject	RELATIVE PRICES
dc.subject	SECURITIES
dc.subject	SKEWED DISTRIBUTION
dc.subject	SKILLED WORKERS
dc.subject	STOCK PRICES
dc.subject	TAX REVENUES
dc.subject	TAXATION
dc.subject	TELEPHONE LINES
dc.subject	TERMS OF TRADE
dc.subject	TRANSITION ECONOMIES
dc.subject	UNEMPLOYMENT
dc.subject	WAGE RATES
dc.subject	WEALTH
dc.subject	WEALTH DISTRIBUTION
dc.subject	WELFARE EFFECTS
dc.subject	WELFARE FUNCTION
dc.title	Banking Sector Crises and Inequality	en
dspace.entity.type	Publication
okr.doctype	Publications & Research
okr.doctype	Publications & Research :: Policy Research Working Paper
okr.docurl	http://documents.worldbank.org/curated/en/2005/07/6045536/banking-sector-crises-inequality
okr.identifier.doi	10.1596/1813-9450-3659
okr.identifier.externaldocumentum	000016406_20050706095327
okr.identifier.internaldocumentum	6045536
okr.identifier.report	WPS3659
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/07/06/000016406_20050706095327/Rendered/PDF/wps3659.pdf	en
okr.unit	Development Research Group (DECRG)
okr.volume	1 of 1
relation.isSeriesOfPublication	26e071dc-b0bf-409c-b982-df2970295c87