Leibbrandt, Murray; Levinsohn, James; McCrary, Justin - Research Seminar in International Economics, University … - 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...