Abstract:
This document investigates the composition and distribution of individual and household wealth in the National Income Dynamics Study (NIDS) Wave 2 dataset (SALDRU, 2010-2011). The NIDS Wave 2 instrument marks the first time in South Africa that a nationally representative household survey obtained sufficient information to calculate individual and household net worth. As such, it represents a very important contribution to the stock of knowledge on these concepts, and the dataset itself also contains rich information on concepts related to wealth, such as income, expenditure, savings and debt.