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🚨New Working Paper w/ Martí Mestieri & Johanna Schauer
Why is 🇿🇦 still one of the most unequal countries in the world—30 years after Apartheid?
We build a dynamic spatial GE model to understand why inequality persists—and why it's increasingly within the Black population
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A decomposition of that
The white-black income gap in South Africa increased in 1994-2005, after which it fell. But if you exclude the top black incomes, the post-1994 increase in white-black income gap was VERY dramatic & the post-2005 fall only brought it back to what it was at the end of apartheid
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