Showing 1 - 10 of 11,114
Existing empirical research on consumption patterns of the South African black middle class leans either on the theory of conspicuous consumption or culture-specific utility functions. This paper departs from treatment of the black middle class as a homogenous group. By differentiating between a...
Persistent link: https://www.econbiz.de/10010894441
In this paper, we revisit 'what and who' is middle class in South Africa using data collected in the 2008 National Income Dynamics Study. First we consider how to identify the middle class based on two broad definitions adopted in the international literature: a middle class defined by the...
Persistent link: https://www.econbiz.de/10009319024
Purpose – Using official and household survey data, the purpose of this paper is to analyze the size of middle class in rural China, its trend and geographical distribution. Determinants or drivers of changes in the size of middle class are explored. Design/methodology/approach – An absolute...
Persistent link: https://www.econbiz.de/10010551065
This paper provides an assessment of how households’ income has fared compared with GDP. While the prime focus is on incomes around the median, attention is paid also to the bottom of the income distribution. Thus, one contribution of the paper is to deliver a fresh assessment of the evolution...
Persistent link: https://www.econbiz.de/10011276803
This paper presents evidence on the making of the middle class in Africa by exploiting a comparable micro data from the Demographic and Health Surveys (DHS) for thirty-seven countries over two decades consisting of over seven hundred thousand household histories. We constructed a pseudo-panel to...
Persistent link: https://www.econbiz.de/10011123406
Most studies that explore the impact of relative standing on subjective well-being use objective measures of the individual’s relative position, such as the mean income of the reference group or the individual’s ranking in the relevant income distribution. In this paper, using a...
Persistent link: https://www.econbiz.de/10008876347
We present results from the Cape Area Panel Study dataset investigating how social comparisons with regard to income affect subjective wellbeing of both young adults and parents. Objective and subjective measures of relative income are used, assessing how individuals compare themselves to others...
Persistent link: https://www.econbiz.de/10010754429
The aim of this paper is to explain why poverty and material deprivation in South Africa are significantly higher among those of African descent than among whites. To do so, we estimate the conditional levels of poverty and deprivation Africans would experience had they the same characteristics...
Persistent link: https://www.econbiz.de/10009366282
The aim of this paper is to provide some empirical evidence about black-white differentials in the distribution of income and wellbeing in three different countries: Brazil, US and South Africa. In all cases, people of African descent are in a variety of ways socially disadvantaged compared with...
Persistent link: https://www.econbiz.de/10008782824
The aim of this paper is to explain why poverty and material deprivation in South Africa are significantly higher among those of African descent than among whites. To do so, we estimate the conditional levels of poverty and deprivation Africans would experience had they the same characteristics...
Persistent link: https://www.econbiz.de/10011274417