Publication:
Wealth Inequality in South Africa, 1993–2017

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creativeworkseries.issn1564-698X
dc.contributor.authorChatterjee, Aroop
dc.contributor.authorCzajka, Léo
dc.contributor.authorGethin, Amory
dc.date.accessioned2023-12-15T19:54:22Z
dc.date.available2023-12-15T19:54:22Z
dc.date.issued2021-07-31
dc.description.abstractThis article estimates the distribution of personal wealth in South Africa by combining microdata covering the universe of income tax returns, household surveys, and macroeconomic balance sheet statistics. South Africa is characterized by unparalleled levels of wealth concentration. The top 10 percent own 86 percent of aggregate wealth and the top 0.1 percent close to one-third. The top 0.01 percent of the distribution (3,500 individuals) concentrate 15 percent of household net worth, more than the bottom 90 percent 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. There has been no sign of decreasing inequality since the end of apartheid.en
dc.identifierhttp://documents.worldbank.org/curated/en/099801512082312692/IDU096075cd00890204a870b71c006c99c3f5c75
dc.identifier.citationThe World Bank Economic Review
dc.identifier.doi10.1596/40744
dc.identifier.issn0258-6770 (print)
dc.identifier.issn1564-698X (online)
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40744
dc.languageEnglish
dc.language.isoen_US
dc.publisherPublished by Oxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectWEALTH DISTRIBUTION
dc.subjectINCOME CAPITALIZATION
dc.subjectHOUSEHOLDS BALANCE SHEETS
dc.subjectNATIONAL ACCOUNTS
dc.subjectINEQUALITY
dc.titleWealth Inequality in South Africa, 1993–2017en
dc.typeJournal Article
dspace.entity.typePublication
okr.associatedcontenthttps://academic.oup.com/wber/article/36/1/19/6333254 Journal website (version of record)
okr.crossref.titleWealth Inequality in South Africa, 1993–2017
okr.date.disclosure2021-07-31
okr.date.lastmodified2023-12-08T00:00:00Zen
okr.doctypeJournal Article
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099801512082312692/IDU096075cd00890204a870b71c006c99c3f5c75
okr.guid099801512082312692
okr.identifier.docmidIDU-96075cd0-8902-4a87-b71c-06c99c3f5c75
okr.identifier.doidoi.org/10.1093/wber/lhab012
okr.identifier.doihttp://dx.doi.org/10.1596/40744
okr.identifier.externaldocumentum34210707
okr.identifier.internaldocumentum34210707
okr.identifier.report186286
okr.import.id2580
okr.importedtrueen
okr.language.supporteden
okr.pagenumber19–36
okr.pdfurlhttp://documents.worldbank.org/curated/en/099801512082312692/pdf/IDU096075cd00890204a870b71c006c99c3f5c75.pdfen
okr.peerreviewAcademic Peer Review
okr.region.administrativeAfrica Eastern and Southern (AFE)
okr.region.countrySouth Africa
okr.topicPoverty Reduction::Inequality
okr.topicMacroeconomics and Economic Growth::Income
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
okr.volume36 (1)
relation.isJournalIssueOfPublication82d9a6d0-3723-4c13-a779-18edb097fa02
relation.isJournalIssueOfPublication.latestForDiscovery82d9a6d0-3723-4c13-a779-18edb097fa02
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublicationdd213de9-52ab-40e9-bb44-86bf0edc81b4
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