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This paper estimates the distribution of personal wealth in South Africa by combining tax microdata, household surveys, and macroeconomic balance sheet statistics. We systematically compare estimates of the wealth distribution obtained by direct measurement of net worth, rescaling of reported...
Persistent link: https://www.econbiz.de/10012198851
Understanding wealth inequality has unique significance in South Africa. The coexistence of extreme poverty and extreme wealth is starkly visible. Apartheid-era inequality has persisted despite more than 20 years of democracy. Much of the research on inequality has focused on inequality of...
Persistent link: https://www.econbiz.de/10012012360