The distributional effects of the 2007-2008 crisis and aftermath government policies in Portugal (Etude)
This article provides detailed insights into the distributional effects of the 2007-2008 crisis and aftermath government policies, in Portugal. It sheds new light on the distributional consequences of aggregate crises and crisis-coping policies, providing useful information for improving their design. Summary: The 2007-2008 crisis and aftermath government policies had significant impacts on the Portuguese […]
Inequality and redistribution in the aftermath of the 2007-2008 crisis: the US case
Summary: – The crisis entailed a dramatic widening of the market income distribution. All income groups were hit, but the bottom and middle ones suffered stronger and more persistent losses. – The tax and transfer system was crucial at taming the rise in inequality, with cash transfers being the most important instrument. – The system […]