Estimating the Balance Sheet of the Personal Sector in an Emerging Market Country: South Africa 1975-2003.
Official balance-sheet estimates for the household sector are not currently available in South Africa, yet, with the country's well-developed financial sector and deep capital markets, asset market channels are likely to be important determinants of aggregate consumer spending and saving, consumer demand for credit, and their broad money holdings. This study produces estimates of household balance sheets for South Africa. The study draws, where feasible, on best practice from the Office of Na...Expand abstract
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- Personal Wealth from a Global Perspective
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