Leibbrandt, Murray; Levinsohn, James; McCrary, Justin - National Bureau of Economic Research (NBER) - 2005
This paper examines changes in individual real incomes in South Africa between 1995 and 2000. We document substantial declines--on the order of 40%--in real incomes for both men and women. The brunt of the income decline appears to have been shouldered by the young and the non-white. We argue...