01695nam a22002537u 4500001001000000003000400010005001700014008004100031040000800072041000800080084003900088100001900127245005900146260008600205490004800291520088000339650002201219650002001241650002501261650002001286651003901306830006101345856003501406pwiiw3173OSt20260518120109.0130508t2013 au ||||| |||| 00| ||eng d cOSt aeng aC36aC82aD63aF43aH12aP362jelc1 aHolzner, Mario10aInequality and the Crisis: A Causal Inference Analysis aWien :bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),c2013.1 awiiw Balkan Observatory Working Papersv110 aA new database for the calculation of quarterly income inequality measures was established for 11 economies from Central, East and Southeast Europe for the period of 1st quarter 2000 to 4th quarter 2011. Based on the large panel of the acquired quarterly Gini coefficients an ‘Acemoglu-style’ causal inference analysis on the impact of the global financial crisis on economic growth and income inequality in transition economies was performed. The results suggest that at least in the short and medium run the growth model of transition economies switched to an industrial, export-led growth model as foreign capital flows dried up. While in the private sector wage dispersion further continued to increase during the boom just as during the economic break-down, the public sector acted inequality reducing both in the period of plenty as well as in the age of austerity. aIncome inequality aeconomic growth atransition economies aeconomic crisis aCentral, East and Southeast Europe 0v110wWIIW0000140twiiw Balkan Observatory Working Papers40uhttps://wiiw.ac.at/p-3173.html