G14 | Economic Research Southern Africa

JEL code: G14

Information and Market Efficiency; Event Studies

The bond market impact of the South African Reserve Bank bond purchase programme

We use a unique dataset comprising over a million trades and quotes...

Roy Havemann, Rossouw van Jaarsveld, Henk Janse van Vuuren, Daan Steenkamp

Working Paper

Policy Bulletin 04: Electricity reforms: Experience and approach

South Africa has been experiencing electricity shortages since 2008...

Christopher Loewald, Konstantin Makrelov, Andreas Wörgötter

Policy Bulletin

Order flow and rand/dollar exchange rate dynamic

This study investigates the impact of order flow on the rand/dollar...

Alta Joubert, Alain Kabundi, Aadila Hoosain

Policy Brief

Order flow and rand/dollar exchange rate dynamics

This paper uses the microstructure approach for the South African f...

Alta Joubert, Alain Kabundi, Aadila Hoosain

Working Paper

The impact of Monetary Policy Announcements and Political Events on the Exchange Rate: ...

Since 2000 the South African rand has been among the most volatile ...

Amos C. Peters, Trust R. Mpofu

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

Qualitative Guidance and Predictability of Monetary Policy in South Africa

With the adoption of the in ation targeting (IT) regime in 2000, th...

Ntuthuko Tsokodibane, Alain Kabundi

Working Paper

Timing a Hedge Decision: The Development of a Composite Technical Indicator for White M...

South African white maize is considered to be significantly more vo...

Chris van Heerden, Frans Dreyer, Susari Geldenhuys

Working Paper

Bank Deposit Contracts Versus Financial Market Participation in Emerging Economies

The financial sector of emerging economies in Africa is characteriz...

Alexander Zimper

Working Paper

Macroeconomic uncertainty and emerging market stock market volatility: The case for Sou...

This paper analyses how systematic risk emanating from the macro-ec...

Zivanemoyo Chinzara

Working Paper

Value, Size and Momentum Portfolios in Real Time: The Cross-Section of South African St...

We implement a recursive out-of-sample method to examine anomalies-...

Shakill Hassan, Ryans Bartens

Working Paper