Journal of Business & Economic Policy

ISSN 2375-0766 (Print), 2375-0774 (Online) DOI: 10.30845/jbep

Income Inequality in the US around the Global Financial Crisis: An Analysis Based on Age Groups
Prof. Dr. Çiğdem Berna KOCAMAN, Mahmut KORKMAZ

There are a lot of debates about income inequality in the literature. Some of scholars and professionals claim that income inequality is one of the drivers of the financial crisis; some of them claim that income inequality is consequence of the financial crisis. This paper attempts to look at the income equality developments in the US before and after the global financial crisis. In this vein, we would like to shed some light on the dynamics behind the headline Gini coefficient, by looking at income inequality at different age groups.

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