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Financial development, credit rationing and the distribution of income: South Africa 1913-2008
This paper provides a theoretical examination of the impact of financial development and credit constraints on earnings inequality in the country between 1923 and 2008. The time-span is particularly interesting, as it includes three distinct political regimes: colonialism, apartheid and democracy.
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| Format: | Thesis |
| Language: | English |
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School of Economics
2014
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| Summary: | This paper provides a theoretical examination of the impact of financial development and credit constraints on earnings inequality in the country between 1923 and 2008. The time-span is particularly interesting, as it includes three distinct political regimes: colonialism, apartheid and democracy. |
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