Econ3x3
The significant decline in poverty in its many dimensions since 1993
By: Econ3x3 30th July 2013 The measurement of poverty should include dimensions of well-being that cannot be measured in monetary terms. Data on health, education and... →
Is the middle class becoming better off? Two perspectives
By: Econ3x3 16th July 2013 Two very different pictures emerge when one compares income changes of the relatively affluent ‘middle class’ with those of people in the literal... →
How do the non-searching unemployed feel about their situation? On the definition of unemployment
By: Econ3x3 26th June 2013 New evidence suggests that non-searching unemployed people are significantly less satisfied with their lives than people who are not economically... →
The impact of sectoral minimum wage laws in South Africa
By: Econ3x3 12th June 2013 The introduction of minimum wage laws in five non-agricultural sectors has not been associated with a significant loss in employment in the years... →
How much do unions and bargaining councils elevate wages?
By: Econ3x3 29th May 2013 Past studies have found that trade union members earn substantially higher wages than non-union workers. New results suggest a much lower union... →
How high is graduate unemployment in South Africa? A much-needed update
By: Econ3x3 13th May 2013 The frequently reported ‘crisis in graduate unemployment’ in South Africa is a fallacy based on questionable research. Not only is graduate... →
Who are the middle class in South Africa? Does it matter for policy?
By: Econ3x3 30th April 2013 The middle class is a hot topic in media and policy circles. But how should the middle class be defined, particularly in a country with high levels... →
The Budget’s fiscal stance: The non-cyclical element may be a cause for concern
By: Econ3x3 16th April 2013 It is estimated that less than half of the present main budget deficit of 5.7% is explained by cyclical factors. The remainder reflects a... →
The Budget: both the fiscal stance and ‘structural stance’ are sound
By: Econ3x3 25th March 2013 Many economists have argued that the government’s fiscal stance in the recent budget is verging on the risky. This article argues that the fiscal... →
Reducing unemployment: Waiting for high growth? Waiting for Godot? 
By: Econ3x3 12th March 2013 In trying to reduce unemployment in South Africa, the pursuit of higher economic growth is the single most agreed-upon policy strategy. The... →
