F41 | Economic Research Southern Africa

JEL code: F41

Open Economy Macroeconomics

Juvenal - Unveiling the Dance of Commodity Prices and the Global Financial Cycle

Abstract We investigate the effects of changes in commodity prices ...

Workshop Paper

Dr Matthew Stern on understanding South Africa’s trade policy and performance

An issue often overlooked in many discussions is that of exports an...

Margaux Giannaros, Matthew Stern

Podcast

Part 3: International perspectives and South Africa’s trade policy

The discussion is based on two papers: and Understanding South Afr...

Sherman Robinson, Montford Mlachila, Matthew Simmonds, Marianne Matthee, Matthew Stern

Dialogue

Prof. Johanne Fedderke on the differential impact of the Coronavirus as of end of March...

Professor Johannes W. Fedderke, the Director of ERSA speaks to our ...

Margaux Giannaros, Johannes W. Fedderke

Podcast

The role of the rand as a shock absorber

This paper investigates the impact of rand shocks on industry outpu...

Luchelle Soobyah, Daan Steenkamp

Working Paper

Monetary policy in a model with commodity and financial market research brief

Uncovering the key drivers of business cycles of commodity exportin...

Vo Phuong Mai Le, Ruthira Naraidoo

Policy Brief

Monetary policy in a model with commodity and financial market

This paper builds a small open economy model for a net commodity ex...

Vo Phuong Mai Le, Ruthira Naraidoo

Working Paper

Fiscal stimulus in a global zero lower bound environment

This paper investigates the effect of fi scal stimulus from an emer...

Guangling Liu, Fernando Garcia-Barragan

Working Paper

Credit frictions and co-movement of durable and non-durable goods in a small open economy

In this paper I investigate, numerically, the co-movement puzzle by...

Hilary Patroba

Working Paper

Macroprudential policy and foreign interest rate shocks: A comparison of different inst...

This paper presents a generic small open economy real business cycl...

Guangling Liu, Chris Garbers

Working Paper

Do monetary policy announcements affect foreign exchange returns and volatility? Some ...

This paper examines the temporal effect of domestic monetary policy...

Jannie Rossouw, Greg Farrell, Cyril May

Working Paper

Capital controls and foreign currency denomination

This paper studies the effectiveness of capital controls with forei...

Guangling Liu, Fernando Garcia-Barragan

Working Paper

The behaviour of the real effective exchange rate of South Africa: is there a misalignm...

The paper uses Behavioural Equilibrium Exchange Rate methodology to...

Meshach J. Aziakpono, Melvin M. Khomo

Working Paper

South Africa’s real business cycles: The Cycle is the trend

This paper tests the ‘cycle is the trend’ hypothesis. We investigat...

Leroi Raputsoane, Hilary Patroba

Working Paper

Fiscal Consolidation, Fiscal Policy Transmission, and Current Account Dynamics in South...

The debate on global current account imbalances continues to develo...

John P. Dunne, Christine S. Makanza

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

Should Central Banks of Small Open Economies Respond to Exchange Rate Fluctuations: The...

We estimate a New Keynesian small open economy DSGE model for South...

Geoffrey Woglom, Sami Alpanda, Kevin Kotze

Working Paper