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Publications (4)
Research on how income inequality affects borrowing behaviour reignited after the 2008 global recession. One prevailing theory is that rising income inequality in the US and other high-income economies eroded real household incomes and prompted more and more borrowing. This growing debt culminated...
Working Paper
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– Examining the impact of relative income on formal and informal debt in South Africa
How does income inequality impact the propensity for and levels of formal and informal household debt? This paper assesses this question using the two most recent waves of the South African Living Conditions Survey. A range of linear models as well as a zero-inflated Poisson model are employed, and...
Working Paper
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– Xenophobia in Post-Apartheid South Africa
In May 2008, South Africa became the theatre of widespread violent attacks against undesirable ‘outsiders’. Over 60 were killed, hundreds wounded, and tens of thousands displaced. This analysis aims at identifying the characteristics of the victims in an attempt to portray the ‘alien’ using...
Working Paper
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– Growth and Distributional Aspects
The United Nations Millennium Declaration commits to halving extreme poverty between 2000 and 2015. The South African government has set a goal of halving poverty by 2014, although the meaning of this goal has not yet been defined. This article specifies government’s stated target of halving poverty...
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