Is there a financial Kuznets curve for South Africa?

dc.article.end-page53
dc.article.start-page1
dc.contributor.authorBasitere, Louisa Maria
dc.contributor.supervisorMondi, Lumkile
dc.date.accessioned2024-06-18T11:19:28Z
dc.date.available2024-06-18T11:19:28Z
dc.date.issued2023-02-28
dc.descriptionA Research Report submitted in partial fulfilment of the Degree of Master of Commerce (Applied Development Economics) in the School of Economics and Finance, University of the Witwatersrand, Johannesburg, 2023
dc.description.abstractThis research report analyses the impact of financial sector development on Income inequality in South Africa for the period 1990 - 2021. The research report employs the Autoregressive Distributed Lag (ARDL) using data sourced from the South African Reserve Bank (SARB) and the World Inequality Database. The report finds that there is no evidence of a financial Kuznets curve for South Africa for the period of the study. The report adds to the sparse literature on the nexus between financial sector development and income equality in South Africa by using an index formulated using Principal Component Analysis (PCA) as a proxy for financial sector development and considering the impact of Social protection expenditure. Social protection expenditure, mostly in the form of cash social grants, is used the by South African government as one of the levers to address income inequality in the country
dc.description.submitterMM2024
dc.facultyFaculty of Commerce, Law and Management
dc.identifier.citationBasitere, Louisa Maria. (2023). Is there a financial Kuznets curve for South Africa? [Master’s dissertation, University of the Witwatersrand, Johannesburg]. WireDSpace. https://hdl.handle.net/10539/38678
dc.identifier.urihttps://hdl.handle.net/10539/38678
dc.language.isoen
dc.publisherUniversity of the Witwatersrand, Johannesburg
dc.rights© 2023 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg.
dc.schoolSchool of Economics and Finance
dc.subjectFinancial sector development
dc.subjectGini coefficient
dc.subjectIncome inequality
dc.subjectKuznets
dc.subjectAutoregressive Distributed Lag (ARDL)
dc.subjectSouth Africa
dc.subjectUCTD
dc.subject.otherSDG-8: Decent work and economic growth
dc.titleIs there a financial Kuznets curve for South Africa?
dc.typeDissertation
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