Financial development, credit rationing and the distribution of income: South Africa 1913-2008
Master Thesis
2011
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University of Cape Town
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Abstract
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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Dos Santos, C. 2011. Financial development, credit rationing and the distribution of income: South Africa 1913-2008. University of Cape Town.