E58 | Economic Research Southern Africa

JEL code: E58

Central Banks and Their Policies

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

Talking to the inattentive public: How the media translates the Reserve Bank’s communic...

Central bank communication is widely recognised as crucial to the i...

Stan Du Plessis, Monique Reid

Working Paper

The Rand as a Carry Trade Target: Risk, Returns and Policy Implications

We analyze the returns to targeting the Australian, New Zealand, an...

Shakill Hassan, Sean Smith

Working Paper

Bank concentration and the interest rate pass-through in Sub-Saharan African countries

This study investigates the link between bank concentration and int...

Tadiwa Mangwengwende, Zivanemoyo Chinzara, Heinrich Nel

Working Paper

Dynamic Effects of Monetary Policy Shocks in Malawi

This paper sets out to investigate the process through which moneta...

Harold P. E. Ngawala, Nicola Viegi

Working Paper

Forecasting Monetary Policy Rules in South Africa

This paper is the first one to: (i) provide in-sample estimates of ...

Ivan Paya, Ruthira Naraidoo

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

Why Speed Doesn’t Kill: Learning to Believe in Disinflation

Central bankers generally prefer to reduce inflation gradually. We ...

Marco Hoeberichts, Eric Schaling

Working Paper

Loud and Clear? Can we hear when the SARB speaks?

Inflation targeting is a forward-looking framework for monetary pol...

Stan Du Plessis, Monique Reid

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

Isolating a Measure of Inflation Expectations for the South African Financial Market Us...

The inflation expectations channel of the transmission mechanism ha...

Monique Reid

Working Paper