G15 | Economic Research Southern Africa

JEL code: G15

International Financial Markets

Local-Currency sovereign risk on South African government bonds

While local-currency bond markets have become a dominant source of ...

Mulalo Mamburu

Working Paper

Risk and return spillovers in a global model of the Foreign Exchange Network

We developed a network model to capture the dynamic interactions am...

Herbert Ntuli, Gibson Mudiriza, Edwin Muchapondwa, Boscow Okumu, Alfred K. Mukong

Working Paper

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...

Johannes W. Fedderke

Podcast

Modelling exchange rate volatility dynamics: Empirical evidence from South Africa

In this paper, we extend the literature on modelling exchange rate ...

Greg Farrell, Cyril May

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

Regionalization versus Internationalization of African Stock Markets: A frequency-time ...

This paper examines regional and global co-movemnt of Africa’s stoc...

Gideon Boako, Paul Alagidede

Policy Brief

How are Africa's emerging stock markets related to advanced markets? Evidence from copulas

This paper examines the dependence structure between two developed ...

Jones O. Mensah, Paul Alagidede

Working Paper

Determinants of Cross-Border Mergers and Acquisitions Targeting Africa: 1991-2011

The fast output growth that a number of countries in Sub-Saharan Af...

‪Magdalene K. Wilson, Désiré J. M. Vencatachellum

Working Paper

What drives cross-border bank expansion? Answers from Kenya

This paper investigates the drivers of bank foreign expansion in Ea...

Odongo Kodongo

Working Paper

Global commodities and African stocks: insights for hedging and diversification strategies

Owing to frequent fluctuations in global markets, diversifying acro...

Paul Alagidede, Gideon Boako

Policy Brief

Portfolio Flows in a two-country RBC model with financial intermediaries

The paper presents a two-country real business cycle model with a f...

Haakon Kavli, Nicola Viegi

Policy Brief

Financial Structure and Economic Development in Africa

This paper explores the relationship between economic development a...

Nyasha Mahonye, Kalu Ojah

Working Paper

Dynamic Integration of Emerging Market Bond Yields into the Global Bond Market

This paper investigates empirically the integration of bond markets...

Anmar Pretorius, Alain Kabundi

Working Paper

Returns Correlation Structure and Volatility Spillovers Among the Major African Stock M...

The paper analyses the structure of returns comovements and the vol...

Tinashe H. D. Kambadza, Zivanemoyo Chinzara

Working Paper

The valuation of biodiversity conservation by the South African Khomani San "bushmen" c...

The restitution of land to the Khomani San “bushmen” an...

Edwin Muchapondwa, Johane Dikgang

Working Paper

Global Financial Crises and Time-varying Volatility Comovement in World Equity Markets

This paper studies volatility comovement in world equity markets be...

Andrew S. Duncan, Alain Kabundi

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

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

Dynamic Returns Linkages and Volatility Transmission between South African and World Ma...

This paper analyses returns and volatility linkages between the Sou...

Zivanemoyo Chinzara, Meshach J. Aziakpono

Working Paper

The Price of Risk on the JSE

This paper investigates domestic risk-return behaviour by focussing...

Nick Samouilhan

Working Paper

The Relationship Between International Equity Market Behaviour and the JSE

This paper investigates empirically the relationship between domest...

Nick Samouilhan

Working Paper