Back to top

South Africa

Examining the determinants of electricity demand by South African households per income level

J.A Bohlmann, R. Inglesi-Lotz
For the period 1975 - 2016, this paper examines the determinants of the residential demand for electricity in South Africa including disposable income, electricity prices, food prices as well as the impact of the 2007/08 load-shedding wave and the 2008 electricity price restructuring. Given the...
Sep 2020
Read more

The South African - United States Sovereign Bond Spread and its Association with Macroeconomic Fundamentals

Johannes W. Fedderke
The yield spread of South African to United States 10 year government bonds over the last 5 years has increased substantially to levels approaching those last seen during the mid-1980s. This yield spread increase is replicated in spreads relative to long-term German bonds, as well as for the spread...
Aug 2020
Read more

Spillovers of the Conventional and Unconventional Monetary Policy from the US to South Africa

Alain Kabundi, Tumisang Loate and Nicola Viegi
This paper assesses the effect of US monetary policy on South Africa during the period 1990- 2018. We separately analyse and compare the effect of conventional monetary policy, before the Global Financial Crisis, and unconventional monetary policy, after the US monetary policy reached the zero-...
Apr 2020
Read more

Exploring evidence of spatial economic agglomeration in Ekurhuleni Metropolitan Municipality, Gauteng, South Africa

Koech Cheruiyot
Since Marshall's (1890) work on industrial districts in 19^{th} century England, agglomeration economies are credited for providing the needed catalytic role to economic growth and development. It does this by allowing critical masses, where knowledge spillovers among firms; labour market pooling;...
Jan 2020
Read more

A financial stress index for South Africa: A time-varying correlation approach

Theshne Kisten
This paper develops a new index of financial market stress for South Africa (SAFSI) over the period 1995-2017, that has the advantage of capturing the interconnectedness of financial markets as well as enabling each indicator to be assessed in terms of its systemic importance. The index represents...
Nov 2019
Read more

Spatial dependence of per capita property tax income in South Africa

Kabeya Clement Mulamba and Fiona Tergenna
We investigate spatial dependence of per capita property tax income among South African municipalities. One original contribution of our study is the use of per capita property tax income, rather than the property tax rate, as the outcome variable. Per capita property tax income is indicative of...
Oct 2019
Read more

The effects of price and non-price policies on cigarette consumption in South Africa

Ernest Ngeh Tingum, Alfred Kechia Mukong and Noreen Mdege
The health consequences of smoking are serious and have been frequently detailed. A reduction in tobacco-related mortality hinges upon the ability to reduce tobacco usage. There is overwhelming evidence that higher cigarette prices reduce cigarettes demand, but little is known about the combined...
Oct 2019
Read more

Inequality in South Africa: what does a composite index of wellbeing reveal?

Stephanié Rossouw and Talita Greyling
Policymakers need better information regarding wellbeing inequality to ascertain the contributing factors and to determine whether policy has been successful in improving the spread over time. In this paper, we construct a multidimensional composite wellbeing measure, at a micro level, which...
Sep 2019
Read more

The monetary policy of the South African Reserve Bank: stance, communication and credibility

Alberto Coco, Nicola Viegi
This paper analyses the evolution of the monetary policy stance, communication and credibility of the South African Reserve Bank (SARB) since 2000, when it adopted a flexible Inflation Targeting (IT) regime to facilitate the achievement of its price stability mandate. Empirical results indicate...
Jul 2019
Read more

Pages

Subscribe to RSS - South Africa