000			01742nam a22002777u 4500
001			pwiiw3173
003			OSt
005			20260517120329.0
008			130508t2013 au ||||| |||| 00| ||eng d
040			_cOSt
041			_aeng
084			_aC36 _aC82 _aD63 _aF43 _aH12 _aP36 _2jelc
100	1		_aHolzner, Mario
245	1	0	_aInequality and the Crisis: A Causal Inference Analysis
260			_aWien : _bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw), _c2013.
490	1		_awiiw Balkan Observatory Working Papers _v110
520			_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.
650			_aIncome inequality
650			_aeconomic growth
650			_atransition economies
650			_aeconomic crisis
651			_aCentral, East and Southeast Europe
830		0	_v110 _wWIIW0000140 _twiiw Balkan Observatory Working Papers
856	4	0	_uhttps://wiiw.ac.at/p-3173.html
942			_cP _2z
999			_c8777 _d8777