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Top Income Shares in Greece From Dictatorship to Crisis: 1967–2017
Review of Income and Wealth ( IF 1.902 ) Pub Date : 2021-05-04 , DOI: 10.1111/roiw.12515
Franciscos Koutentakis 1, 2 , Kostas Chrissis 3
Affiliation  

The paper calculates the top income shares in Greece from 1967 (the seizure of power by the military dictatorship) until 2017 (the aftermath of the debt crisis). This long-run perspective allows for the examination of the relationship between inequality and institutional transformations, namely democracy, finance, and crisis. We find in particular that (a) transition to democracy did not affect the income share of the top decile, whereas social democracy had a significant negative impact; (b) financial development and liberalization substantially increased all top decile shares; and (c) debt crisis, consolidation, and recession increased the share of the upper ranks of the top decile.

中文翻译:

希腊从独裁统治到危机的最高收入份额:1967-2017

该论文计算了从 1967 年(军事独裁政权夺取政权)到 2017 年(债务危机的后果)期间希腊的最高收入份额。这种长期的视角可以考察不平等与制度转型(即民主、金融和危机)之间的关系。我们特别发现 (a) 向民主的过渡并未影响最高十分之一的收入份额,而社会民主主义则产生了显着的负面影响;(b) 金融发展和自由化大大增加了所有最高十分位份额;(c) 债务危机、整合和衰退增加了前十分位中上层的份额。
更新日期:2021-05-04
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