Konstantin Makrelov | Economic Research Southern Africa

Contributor Name: Konstantin Makrelov

Konstantin Makrelov is a Lead Economist at the South African Reserve Bank. His work covers variety of topics related to monetary policy, economic growth and forecasting. He was previously the Chief Director responsible for Economic Modelling and Forecasting at the National Treasury.

The Covid Project: Monetary Policy and Covid-19 in South Africa

This discussion is part of our project in conjunction with German D...

Gina Schoeman, Mamokete Lijane, Nicola Viegi, Konstantin Makrelov

Addressing low labour utilisation in South Africa

Policy Paper 27 South Africa’s stubbornly low labour utilisation ra...

Christopher Loewald, Konstantin Makrelov, Andreas Wörgötter

Policy Paper

Fiscal risks and their impact on banks’ capital buffers in South Africa

South Africa’s fiscal balances have deteriorated significantly over...

Bojosi Morule, Neryvia Pillay Bell, Konstantin Makrelov

Working Paper

Time consistency and economic growth: A case study of South African macroeconomic policy

The numerous diagnostic studies and policy recommendations that exi...

Konstantin Makrelov, David Faulkner, Christopher Loewald

Working Paper

Policy Bulletin 04: Electricity reforms: Experience and approach

South Africa has been experiencing electricity shortages since 2008...

Christopher Loewald, Konstantin Makrelov, Andreas Wörgötter

Policy Bulletin

Policy Bulletin 03: Macroeconomic policy options for a savings constrained economy: the...

Economic growth requires delivering a credible fiscal consolidation...

David Faulkner, Christopher Loewald, Konstantin Makrelov

Policy Bulletin

Policy Bulletin 01: A fair price for economic modelling? Transparency required

The principle of transparency is the only way that policy makers ca...

Christopher Loewald, Pamela Mjandana, Konstantin Makrelov

Policy Bulletin

Achieving Higher Growth and Employment: Policy options for South Africa

Using a dynamic computable general equilibrium model, the paper pro...

David Faulkner, Christopher Loewald, Konstantin Makrelov

Working Paper