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This paper estimates the distribution of personal wealth in South Africa by combining tax microdata, household surveys … assets, and wealth held through trusts. Both household surveys and tax data remain insufficient to properly capture capital … of the distribution (3,500 individuals) own 15 per cent of household net worth, more than the bottom 90 per cent as a …
Persistent link: https://www.econbiz.de/10012198851
recognized for its extreme income inequality, reliable data on wealth is scarce, partial and oftentimes contradictory, making it … inequality based on recently available surveys. We contrast our results with the literature, with a handful of state … estimates and 5-6 times at book values. We also find that wealth inequality is amongst the highest in the world were it can be …
Persistent link: https://www.econbiz.de/10014536253
Persistent link: https://www.econbiz.de/10014316332
The financial accounts of the household sector within the system of national accounts report the aggregate asset … holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly …
Persistent link: https://www.econbiz.de/10013315397
The financial accounts of the household sector within the system of national accounts report the aggregate asset … holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly …
Persistent link: https://www.econbiz.de/10011921042
Persistent link: https://www.econbiz.de/10012483755
This paper estimates the distribution of personal wealth in South Africa by combining tax microdata, household surveys … assets, and wealth held through trusts. Both household surveys and tax data remain insufficient to properly capture capital … of the distribution (3,500 individuals) own 15 per cent of household net worth, more than the bottom 90 per cent as a …
Persistent link: https://www.econbiz.de/10012424032
The Household Finance and Consumption Survey (HFCS) provides valuable information for the monetary policy and financial … optimization problem that aims at preserving for each wealth instrument the level of inequality measured by the Gini coefficient …. In addition, a lower and an upper bound of inequality are derived, that can be reached by extreme allocations of the …
Persistent link: https://www.econbiz.de/10014482886
Persistent link: https://www.econbiz.de/10013198822
Distributional accounts for households enable measurement, study developments and identify drivers of inequality …. Distributional information on households' wealth is available from the Household Finance and Consumption Survey only for three points …
Persistent link: https://www.econbiz.de/10013285967