E31 | Economic Research Southern Africa

JEL code: E31

Price Level; Inflation; Deflation

Import tariff pass-through effect and the spatial distribution of domestic consumer go...

Working Paper 879 The study of import tariffs pass-through has been...

Haroon Bhorat, Everisto Mugocha

Working Paper

Climate change and child health: A Nigerian perspective

The detrimental effect of climate change on health is becoming an e...

Matthew W. Clance, Eleni Yitbarek, Eduard van der Merwe

Working Paper

Revisiting the accuracy of inflation forecasts in Nigeria: The oil price-exchange rate-...

Motivated by the distinctive paradoxical nature of the Nigerian eco...

Yusuf Yakubua, Ojo Adelakun, Kazeem Isah, Elias Udeaja, Abdulkader C. Mahomedy

Working Paper

Big data forecasting of South African inflation

We investigate whether the use of machine learning techniques and b...

Rulof P. Burger, Neil Rankin, Kevin Kotze, Byron Botha

Working Paper

Policy Bulletin 05: The impact of global FX liquidity on the rand

The Covid crisis saw significant declines in market liquidity and c...

Tim Olds, Rossouw van Jaarsveld, Daan Steenkamp

Policy Bulletin

The effect of colonial and pre-colonial institutions on contemporary education in Africa

This paper argues that contrary to previous findings, present-day e...

Matthew W. Clance, Leoné Walters, Carolyn Chisadza

Working Paper

Estimating a New Keynesian Wage Phillips Curve

This paper estimates a New Keynesian Wage Phillips Curve for South ...

Nicola Viegi, Vincent Dadam

Working Paper

Dr Chris Loewald on Lockdown Learnings: monetary policy leeway during a pandemic

Shortly after the October MPR, ERSA’s host sat down with Dr Chris L...

Margaux Giannaros, Christopher Loewald

Podcast

Prof Johannes W. Fedderke on the South African – US sovereign bond spread: how is this ...

In this podcast, Prof. Johannes W. Fedderke, the Director of ERSA s...

Margaux Giannaros, Johannes W. Fedderke

Podcast

Chris Loewald on the Monetary Policy response to the Coronavirus pandemic in South Afri...

Amidst the Coronavirus Pandemic and an economic downgrade, we speak...

Margaux Giannaros, Christopher Loewald

Podcast

The Reaction of Inflation to Macroeconomic Shocks: The Case of Zimbabwe (2009 – 2012)

This paper empirically investigates the reaction of inflation to ma...

William Kavila, Pierre Le Roux

Working Paper

What price level data tells us about consumer price rigidity in Zimbabwe: Evidence from...

Sometimes countries adopt new currencies which are not their own as...

Neil Rankin, Mike Nyawo

Policy Brief

What Price-Level Data Tells Us About Consumer Price Rigidity in Zimbabwe: Evidence From...

This paper documents the price setting behaviour, and the change in...

Mike Nyawo, Neil Rankin

Working Paper

Inflation Dynamics in a Dollarised Economy: The Case of Zimbabwe

This paper explores the dynamics of inflation in the dollarised Zim...

William Kavila, Pierre Le Roux

Working Paper

Inflation in South Africa: An Assessment of Alternative Inflation Models

We consider the relative empirical performance of a range of inflat...

Johannes W. Fedderke, Yang Liu

Working Paper

Macroeconomic Uncertainty in South Africa

This paper develops a new index of economic uncertainty for South A...

Chris Redl

Working Paper

Measuring Core Inflation in South Africa

Measures of core inflation convey critical information about an eco...

Stan Du Plessis, Kevin Kotze, Gideon Du Rand

Working Paper

Assessment of Monetary Union in SADC: Evidence from Cointegration and Panel Unit Root T...

In this paper we investigate the likelihood of a proposed monetary ...

Mulatu F. Zerihun, Marthinus C. Breitenbach, Francis M. Kemegue

Working Paper

Optimal Monetary Policy with Learning by Doing

I study the implications of learning by doing in production for opt...

Chris Redl

Working Paper

Price setting behaviour in Lesotho: Stylised facts from consumer retail prices

This paper documents some of the main features of price setting beh...

Mamello A. Nchake, Neil Rankin, Lawrence Edwards

Working Paper

Relative price variability: Which components of the consumer price index contribute tow...

This paper follows work by Choi, Kim and O’Sullivan (2011), but dev...

Siobhan Redford, Eliphas Ndou

Working Paper

Inflation and Economic Growth: Evidence from the Southern African Development Countries

In this paper we investigate the role of inflation rates in determi...

Reneé van Eyden, Monaheng Seleteng, Manoel Bittencourt

Working Paper

Inflation and Economic Growth in the SADC: Some Panel Time-Series Evidence

In this paper we investigate the role of inflation rates in determi...

Reneé van Eyden, Monaheng Seleteng, Manoel Bittencourt

Working Paper

A Sticky Information Phillips Curve for South Africa

Mankiw and Reis (2002) propose the Sticky Information Phillips Curv...

Monique Reid, Gideon Du Rand

Working Paper

Estimating the inflation threshold for South Africa

How detrimental is inflation to growth in South Africa? At what lev...

Temitope L. A. Leshoro

Working Paper

The Exchange Rate, Dutch Disease and Manufacturing in South Africa: What do the Data Say?

The Dutch disease argument suggests that in commodity exporting cou...

Duncan Hodge

Working Paper

The High-Frequency Response of the Rand-Dollar rate to Inflation Surprises

We examine the high-frequency response of the rand-dollar nominal r...

Nicola Viegi, Greg Farrell, Shakill Hassan

Working Paper

Inflation Expectations of the Inattentive General Public

The majority of academic research on central bank communication has...

Monique Reid

Working Paper

Will the SARB always succeed in fighting inflation with contractionary policy?

The conventional view is that a monetary policy shock has both supp...

Guangling Liu

Working Paper

Towards a Measure of Core Inflation using Singular Spectrum Analysis

This paper constructs a number of possible core measures of annual ...

Franz Ruch, Dirk Besteri

Working Paper

Financial Development and Economic Growth in Latin America: Is Schumpeter Right?

In this paper we investigate the role of financial development, or ...

Manoel Bittencourt

Working Paper

Endogenous Money or Sticky Wages: A Bayesian Approach

This paper attempts to answer question similar to that asked by Ire...

Guangling Liu

Working Paper

A Comparison of Inflation Expectations and Inflation Credibility in South Africa: Resul...

This paper reports a comparison of South African household inflatio...

Vishnu Padayachee, Jannie Rossouw, Adél Bosch

Policy Brief

Democracy, Populism and Hyperinflation(s): Some Evidence from Latin America

We test for the populist view of inflation in Latin America between...

Manoel Bittencourt

Working Paper

The Sensitivity of South African Inflation Expectations to Surprises

The maintenance of price stability is widely recognised as the prim...

Monique Reid

Working Paper

Macroeconomic performance and inequality: Brazil 1983-1994

We examine how poor macroeconomic performance, mainly in the role o...

Manoel Bittencourt

Working Paper