C54

Quantitative Policy Modeling

Publication

Teacher Pay and Educational Outcomes: Evidence from the Rural Hardship Allowance in Zambia

Grieve Chelwa, Miquel Pellicer, Mashekwa Maboshe
This paper studies the effect of unconditional teacher salary increases on teacher and student outcomes. To study the issue, we evaluate the rural hardship allowance in Zambia, which corresponds to a salary increase of 20%. This allowance is allocated to schools on the basis of a distance criterion...
Oct 2018
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Publication

Analysing the Effects of Fiscal Policy Shocks in the South African Economy

Charl Jooste, Guangling (Dave) Liu and Ruthira Naraidoo
This paper is the first one to analyse the effect of aggregate government spending and taxes on output for South Africa using three types of a calibrated DSGE model and more data driven models such as a structural vector error correction model (SVECM) and a time-varying parameter VAR (TVP-VAR) to...
May 2013
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Publication

Consumer demand for alcoholic beverages and tobacco in Lesotho: A double-hurdle approach

Ramaele Moshoeshoe
In this paper, we estimate income elasticities and investigate the determinants of alcohol and tobacco consumption in Lesotho using a Double-Hurdle model on the 2002/03 Lesotho HBS data. The results reveal that both alcohol and tobacco are income inelastic with estimated elasticities of 0.6553 and...
Sep 2012
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