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This study investigates the effect of real exchange rate volatility on the distribution of income between labour and capital in South Africa. Both symmetric and asymmetric effects are considered. Using quarterly data for 1985:1-2018:3 and local linear projection, we find that the immediate...
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This paper examines the relationship between monetary policy and wealth inequality in South Africa. We employed a …- and random-effects panel model estimates show that monetary policy generally increases wealth Gini inequality while it … increases wealth inequality, while inflation reduces wealth inequality. The effect of age on wealth distribution varies …
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