E51 | Economic Research Southern Africa

JEL code: E51

Money Supply; Credit; Money Multipliers

Banks’ Physical Footprint and Financial Technology Adoption

Working Paper 888 Do physical bank branches moderate the diffusion ...

Bernardo Ricca, Lucas A. Mariani, José Renato H. Ornelas

Working Paper

Prof Nicola Viegi on evaluating the near future of monetary policy in SA: Sailing into ...

Only three times in the last century has monetary policy been re-ev...

Nicola Viegi

Podcast

Part 1: Monetary policy and Covid-19 in South Africa

The discussion is based on Sailing into the Wind: evaluating the (n...

Matthew Simmonds, Nicola Viegi, Mamokete Lijane, Konstantin Makrelov, Gina Schoeman

Dialogue

Dr David Fowkes on QE and central bank balance sheet policies: Does South Africa have ‘...

Shortly after the Governor of the SARB gave his speech about the fu...

David Fowkes

Podcast

The effectiveness of counter-cyclical loan-to-value regulations: generic versus sector-...

This paper considers the implications of the counter-cyclical loan-...

Thabang Molisey, Guangling Dave Liu

Working Paper

Flow specific capital controls for emerging markets

This paper investigates the impact of capital controls on business ...

Guangling Dave Liu, Chris Garbers

Working Paper

Credit market heterogeneity, balance sheet (in) dependence, financial shocks

This paper presents a real business cycle model with financial fric...

Chris Garbers, Guangling Dave Liu

Working Paper

The impact of monetary policy on household consumption in South Africa. Evidence from V...

This paper investigates the “cost of credit effect” of monetary pol...

Emmanuel Owusu-Sekyere

Working Paper

Can currency in circulation predict South African economic activity?

The forecasting of economic activity is of interest to governments,...

Jannie Rossouw, Fanie Joubert, Cobus Vermeulen, Adél Bosch

Policy Brief

The role of banks in money creation

The phrase “banks create money” forms part of popular discourse, bu...

Nicholas Spearman

Policy Brief

“Impending ruin” or “remarkable wealth”? The role of private credit markets in a settle...

Credit markets develop hand in hand with a market economy. Pre-indu...

Johan Fourie, Christie Swanepoel

Working Paper

Credit spread variability in U.S. business cycles: The Great Moderation versus the Grea...

This paper establishes the prevailing financial factors that influe...

Hylton Hollander, Guangling Dave Liu

Working Paper

A Portrait of Informal Sector Credit and Interest Rates in Malawi: Interpolated Monthly...

Although informal finance forms a large part of their financial sec...

Harold P. E. Ngawala

Working Paper

Disaggregated Credit Extension and Financial Distress in South Africa

This study analyses the relationship between disaggregated credit e...

Leroi Raputsoane

Working Paper

The Equity Price Channel in a New-Keynesian DSGE Model with Financial Frictions and Ban...

This paper studies the role of the equity price channel in business...

Hylton Hollander, Guangling Dave Liu

Working Paper

Currency Crises and Monetary Policy in an Economy with Credit Constraints: The Case for...

This paper revisits the currency crises model of Aghion, Bacchetta ...

Shakill Hassan

Working Paper

The effectiveness of counter-cyclical loan-to-value regulations: generic versus sector-...

This paper considers the implication of the counter-cyclical loan-t...

Guangling Dave Liu

Working Paper