3,105
Views
0
CrossRef citations to date
0
Altmetric
SYMPOSIUM ON ECONOMICS AND ANTHROPOLOGY: THE PRICE OF WEALTH: SCARCITY AND ABUNDANCE IN AN UNEQUAL WORLD

The Racial Wealth Gap in South Africa and the United States

ORCID Icon, ORCID Icon & ORCID Icon
Pages 423-440 | Received 11 Jan 2023, Accepted 14 Nov 2023, Published online: 08 Mar 2024

References

  • Agesa, J., and D. Hamilton. 2004. ‘Competition and Wage Discrimination: The Effects of Interindustry Concentration and Import Penetration*.’ Social Science Quarterly 85 (1): 121–135.
  • Bhutta, N., A. C. Chang, L. J. Dettling, and J. W. Hsu. 2020. Disparities in Wealth by Race and Ethnicity in the 2019 Survey of Consumer Finances. Washington, DC: FEDS Notes.
  • Branson, N. 2019. ‘Adding a Top-Up Sample to the National Income Dynamics Study in South Africa.’ NIDS Technical Paper 8.
  • Brophy, T., N. Branson, R. C. Daniels, M. Leibbrandt, C. Mlatsheni, and I. Woolard. 2018. ‘National Income Dynamics Study Panel User Manual.’ Technical Note Release.
  • Chatterjee, A., L. Czajka, and A. Gethin. 2020. ‘Estimating the Distribution of Household Wealth in South Africa.’ UNU-WIDER Working Paper No. 2020/45.
  • Chelwa, G., D. Hamilton, and J. Stewart. 2022. ‘Stratification Economics: Core Constructs and Policy Implications.’ Journal of Economic Literature 60 (2): 377–399.
  • Chelwa, G., D. Hamilton, and A. Green. 2023. ‘Identity Group Stratification, Political Economy & Inclusive Economic Rights.’ Dædalus 152 (1): 154–167.
  • Daniels, R., A. Finn, and S. Musundwa. 2012. ‘Wealth in the National Income Dynamics Study Wave 2.’ SALDRU Working Paper Number 83.
  • Daniels, R., A. Finn, and S. Musundwa. 2014. ‘Wealth Data Quality in the National Income Dynamics Study Wave 2.’ Development Southern Africa 31 (1): 31–50.
  • Daniels, R., and T. Augustine. 2016. ‘The Measurement and Distribution of Household Wealth in South Africa Using the National Income Dynamics Study (NIDS) Wave 4.’ SALDRU Working Paper Number 183.
  • Daniels, R., and S. Khan. 2019. ‘Household Balance Sheets in South Africa.’ SALDRU Working Paper Number 248 Version 1.
  • Darity, W. A., and P. L. Mason. 1998. ‘Evidence on Discrimination in Employment: Codes of Color, Codes of Gender.’ Journal of Economic Perspectives 12 (2): 63–90.
  • Darity, W. A., D. Hamilton, and J. B. Stewart. 2015. ‘A Tour de Force in Understanding Intergroup Inequality: An Introduction to Stratification Economics.’ The Review of Black Political Economy 42 (1–2): 1–6.
  • Gansonré, S., R. M. Al-Hassan, I. M. Ouédraogo, G. T. Kwadzo, and E. E. Onumah. 2023. ‘Sustainability and Wealth of Rural Households: Measurement and Inequality Analysis.’ Review of Income and Wealth 69 (1): 150–169.
  • Ghosh, J. 2023. ‘Relational Inequality and Economic Outcomes: A Consideration of the Indian Experience.' Review of Political Economy, DOI: 10.1080/09538259.2023.2242210
  • Gittleman, M., and E. N. Wolff. 2004. ‘Racial Differences in Patterns of Wealth Accumulation.’ The Journal of Human Resources 39 (1): 193–227.
  • Hamilton, D. 2020. ‘The Moral Burden on Economists: Darrick Hamilton’s 2017 NEA Presidential Address.’ The Review of Black Political Economy 47 (4): 331–342.
  • Hamilton, D., O. Biu, C. Famighetti, A. Green, K. Strickland, and D. Wilcox. 2021. Building an Equitable Recovery: The Role of Race, Labor Markets, and Education. Columbus, OH: Kirwan Institute for the Study of Race and Ethnicity, Ohio State University.
  • Hamilton, D., D. William, A. E. Price, V. Sridharan, and R. Tippett. 2015. Umbrellas Don’t Make it Rain: Why Studying and Working Hard Isn’t Enough for Black Americans. Oakland, CA: Insight Center for Community Economic Development.
  • Hamilton, D., and N. Zewde. 2020. ‘Truth and Redistribution: How to fix the racial wealth gap, end plutocracy, and build Black Power'. YES! https://www.yesmagazine.org/issue/black-lives/2020/08/26/racial-wealth-gap-black-power.
  • Hamilton, D., and T. Logan. 2019. ‘Here’s Why Black Families Have Struggled for Decades to Gain Wealth. Market Watch.’ https://www.marketwatch.com/story/heres-why-black-families-have-struggled-for-decades-to-gain-wealth-2019-02-28.
  • Mbewe, S., and I. Woolard. 2016. ‘Cross-Sectional Features of Wealth Inequality in South Africa: Evidence from The National Income Dynamics Study.’ SALDRU Working Paper Number 185/ NIDS Discussion Paper 2016/12.
  • Nanziri, L. W., and M. Olckers. 2019. ‘Financial Literacy in South Africa.’ SALDRU Working Paper Number 242 Version 1.
  • OECD. 2013. OECD Guidelines for Micro Statistics on Household Wealth. Paris: OECD Publishing.
  • Orthofer, A. 2016. ‘Wealth Inequality in South Africa: Evidence from Survey and Tax Data.’ Research Project on Employment, Income Distribution & Inclusive Growth Working Paper 15.
  • Orthofer, A. 2017. ‘Saving and Wealth in the Context of Extreme Inequality.’ PhD thesis, Stellenbosch University.
  • Pellicer, M., and V. Ranchhod. 2023. ‘Understanding the Effects of Racial Classification in Apartheid South Africa.’ Journal of Development Economics 160: 102998.
  • Piketty, T. 2014. Capital in the Twenty-First Century. Cambridge, MA: Harvard University Press.
  • Piketty, T., and E. Saez. 2014. ‘Inequality in the Long Run.’ Science 344 (6186): 838–843.
  • Pressman, S. 2015. Understanding Piketty’s Capital in the 21st Century. London and New York: Routledge.
  • Saez, E., and G. Zucman. 2020. ‘The Rise of Income and Wealth Inequality in America: Evidence from Distributional Macroeconomic Accounts.’ Journal of Economic Perspectives 34 (4): 3–26.
  • Seekings, J., and N. Nattrass. 2008. Class, Race, and Inequality in South Africa. New Haven, CT: Yale University Press.
  • Southern Africa Labour and Development Research Unit. 2018. National Income Dynamics Study 2017, Wave 5 [Dataset] (Version 1.0.0).
  • Stoet, G., and D. C. Geary. 2019. ‘A Simplified Approach to Measuring National Gender Inequality.’ PLoS One 14 (1): e0205349.
  • United States Census Bureau. 2018. ‘Survey of Income and Program Participation (SIPP)’ (Dataset). Washington, DC: United States Census Bureau.
  • United States Census Bureau. 2020. Survey of Income and Program Participation: 2018 Panel Users’ Guide. Washington, DC: United States Census Bureau.
  • von Fintel, D., and A. Orthofer. 2020. ‘Wealth inequality and financial inclusion: Evidence from South African Tax and Survey Records.’ Economic Modelling 91: 568–578.
  • Wittenberg, M. 2017. ‘Wages and Wage Inequality in South Africa 1994–2011: Part 2 – Inequality Measurement and Trends.’ South African Journal of Economics 85 (2): 298–318.