00:00:00 – Introduction
00:00:46 – Slide 1: Introduction
00:01:17 – Slide 2: Background
00:09:34 – Slide 3: Closed-economy DSGE model
00:12:17 – Question
00:14:07 – Slide 4: Bonds, taxes and government spending
00:15:31 – Slide 5: Financing regimes
00:16:23 – Question
00:18:28 – Question
00:19:28 – Question
00:20:03 – Question
00:22:42 – Slide 6: Model highlights
00:23:36 – Slide 7: Debt vs monetary financing
00:27:49 – Slide 8: Credibility
00:33:26 – Slide 9: Price indexation and monetary financing
00:35:24 – Slide 10: Caveats and future work 0
0:38:02 – Slide 11: Stylised facts
00:39:30 – Slide 12: Feasibility for South Africa?
00:43:40 – Slide 13: In closing
00:44:48 – Question
00:48:27 – Question
00:50:01 – Outro
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