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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...
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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
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/10012146534
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Gethin, Martínez-Toledano and Piketty (2022) analyze the long-run evolution of political cleavages using a new database on socioeconomic determinants of voting from approximately 300 elections in 21 Western democracies between 1948 and 2020. They find that, in the 1950s and 1960s, voting for...
Persistent link: https://www.econbiz.de/10013552541