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Personal Income, Wealth, and Their Distributions

Redistribution, Inequality, and Efficiency with Credit Constraints

Yoseph Y. Getachew and Stephen J. Turnovsky
We develop a model that characterizes the joint determination of income distribution and macroeconomic aggregate dynamics. We identify multiple channels through which alternative public policies such as transfers, consumption and income taxes, and public investment will affect the inequality;...
Apr 2020
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What we talk about when we talk about saving: Concepts and measures of household saving and their application to South Africa

Anna Orthofer
South African household savings rates have been declining steadily over the last five decades, from about ten percent of national income to nil or negative levels today. Due to the importance of savings on both the household - and aggregate level, the government has introduced several initiatives...
Jul 2015
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Financial Sustainability of Tanzanian Saving and Credit Cooperatives

Nyankomo Marwa and Meshach Aziakpono
This paper examined the profitability and financial sustainability of Saving and Credit Cooperatives (SACCOs) in Tanzania. The data set used in this study came from SACCOs’ audited financial reports for the year 2011. Profitability was estimated using return on assets and financial sustainability...
Jul 2015
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What are the Distributional Implications of Halving Poverty in South Africa when Growth Alone is not Enough?

Fiona Tregenna
The South African government has set a target of halving poverty by 2014. Using microdata from the 2005/6 Income and Expenditure Survey, this article frames government’s stated target of halving poverty by 2014 in terms of specific measures of the poverty gap and poverty headcount ratio. With the...
Apr 2011
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Relative standing and subjective well-being in South Africa: The role of perceptions, expectations and income mobility

Dorrit Posel and Daniela Casale
Most studies that explore the impact of relative standing on subjective well-being use objective measures of the individual’s relative position, such as the mean income of the reference group or the individual’s ranking in the relevant income distribution. In this paper, using a new household...
Mar 2011
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Exchange rate pass-through to import prices in South Africa: Is there asymmetry?

T D Karoro, M J Aziakpono & N Cattaneo
We examine the impact of financial development on earnings inequality in Brazil in the 1980s and first half of the 1990s. The evidence - based on panel time-series data and analysis - shows that financial development had a significant and robust effect in reducing inequality during the period. We...
Jul 2008
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