Income Inequality Developments in the Great Recession

Tomas Tomas Hellebrandt ()
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Tomas Tomas Hellebrandt: Peterson Institute for International Economics

No PB14-3, Policy Briefs from Peterson Institute for International Economics

Abstract: Using data on eight advanced economies (Germany, Greece, Ireland, Italy, Slovakia, Spain, the United Kingdom, and United States) between 2007 and 2010, Tomas Hellebrandt shows how the Great Recession affected income inequality in different countries and how families and the state tried to mitigate its impact—primarily through redistributing income within households and through benefit and tax policies.

Date: 2014-01
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