TY - BOOK ID - 85505380 TI - Inequality in Good and Bad Times: A Cross-Country Approach AU - Hacibedel, Burcu. AU - Mandon, Pierre. AU - Muthoora, Priscilla. AU - Pouokam, Nathalie. PY - 2019 SN - 1484395581 1484395565 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Equality KW - Economic aspects. KW - Equality Economic aspects KW - Economic aspects KW - Labor KW - Macroeconomics KW - Equity, Justice, Inequality, and Other Normative Criteria and Measurement KW - Economic Development, Innovation, Technological Change, and Growth KW - Aggregate Factor Income Distribution KW - Unemployment: Models, Duration, Incidence, and Job Search KW - Personal Income, Wealth, and Their Distributions KW - Macroeconomics: Consumption KW - Saving KW - Wealth KW - Labour KW - income economics KW - Income inequality KW - Income distribution KW - Unemployment KW - Personal income KW - Consumption KW - National accounts KW - Income KW - Economics KW - China, People's Republic of KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:85505380 AB - This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns. Using a new methodology (mediation analysis), we identify unemployment, and youth unemployment especially, as the main channel through which fluctuations in growth affect future dynamics in inequality. These findings suggest that both the quality of jobs created and labor market policies are important to ensure that growth outcomes are conducive to inequality reduction. ER -