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Wealth Inequality in South Africa, 1993-2017

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  • معلومة اضافية
    • Contributors:
      University of the Witwatersrand [Johannesburg] (WITS); Université Catholique de Louvain = Catholic University of Louvain (UCL); Paris School of Economics (PSE); École des Ponts ParisTech (ENPC)-École normale supérieure - Paris (ENS Paris); Université Paris sciences et lettres (PSL)-Université Paris sciences et lettres (PSL)-Université Paris 1 Panthéon-Sorbonne (UP1)-Centre National de la Recherche Scientifique (CNRS)-École des hautes études en sciences sociales (EHESS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE); Paris Jourdan Sciences Economiques (PJSE); Université Paris 1 Panthéon-Sorbonne (UP1)-École normale supérieure - Paris (ENS Paris); Université Paris sciences et lettres (PSL)-Université Paris sciences et lettres (PSL)-École des hautes études en sciences sociales (EHESS)-École des Ponts ParisTech (ENPC)-Centre National de la Recherche Scientifique (CNRS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE); World Inequality Lab (WIL); UCL - SSH/LIDAM/IRES - Institut de recherches économiques et sociales
    • بيانات النشر:
      HAL CCSD, 2021.
    • الموضوع:
      2021
    • نبذة مختصرة :
      This paper estimates the distribution of personal wealth in South Africa by combining microdata covering the universe of income tax returns, household surveys, and macroeconomic balance sheets statistics. We document unparalleled levels of wealth concentration. The top 10% own 86% of aggregate wealth and the top 0.1% close to one third. The top 0.01% of the distribution (3,500 individuals) concentrate 15% of household net worth, more than the bottom 90% as a whole. Such levels of inequality can be accounted for in all forms of assets at the top end, including housing, pension funds and financial assets. We find no sign of decreasing inequality since the end of apartheid. This article is arevisedversion of the article“Estimating the Distribution of Household Wealth in South Africa”(World Inequality Lab Working Paper 2020/06)
    • Rights:
      OPEN
    • الرقم المعرف:
      edsair.doi.dedup.....261f2e03e6fae2a421ea78ac629aecae