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作者

Fabian Geelhoedt, Vicente Royuela, David Castells-Quintana

来源

INTERNATIONAL REGIONAL SCIENCE REVIEW,

语言

英文

关键字

作者单位

1Universitat de Barcelona, Barcelona, Spain;2AQR-IREA Research Group, Universitat de Barcelona, Barcelona, Spain;3Department of Applied Economics, Univ Autonoma de Barcelona, Bellaterra, Spain

摘要

In this paper we study an association almost neglected in the literature, that between income inequality and resilience. In particular, we explore the response of employment rates in the face of the crisis of 2008 and how income inequality levels may have affected this response. To do so, we construct two measures of employment resilience—resistance and recoverability—using data on total employment and self-employment for 995 Spanish municipalities during the Great Recession. Our results provide evidence of the threats that high levels of inequality pose for employment resilience, showing that average income is the most important mediating factor of this association.