Browsing by Subject "I30"

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    Open Access
    Community, Comparisons and Subjective Well-being in a Divided Society
    (2005-07) Kingdon, Geeta; Knight, John
    Using a South African data set, the paper poses six questions about the determinants of subjective well-being. Much of the paper is concerned with the role of relative concepts. We find that comparator income – measured as average income of others in the local residential cluster – enters the household’s utility function positively but that income of more distant others (others in the district or province) enters negatively.
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    Open Access
    Inflation Inequality In South Africa
    (2013-10) Oosthuizen, Morne
    The inflation crisis of 2008 drew greater attention to the varying experiences of inflation in South Africa and, in particular, to the fact that different groups within society may have significantly differing inflation experiences. The groups may be defined according to income level, but may also be categorised according to demographic, labour market and other characteristics.