JEL code: O11

Macroeconomic Analyses of Economic Development

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
Contagion across financial markets during COVID-19: A look at volatility spillovers bet...
The onset of the novel coronavirus pandemic (COVID-19) and previous...
Reneé van Eyden, Goodness C. Aye, Chevaughn van der Westhuizen
Working Paper
Understanding the behaviour of house prices and household income per capita in South Af...
Homeownership by the lower and middle-income households is crucial ...
Pieter Opperman, Anthanasius F. Tita
Working Paper
Financial development and income inequality: a nonlinear econometric analysis of 21 Afr...
A panel data analysis of financial inequality was conducted using t...
Lindokuhle T. Zungu, Lorraine Greyling
Working Paper
The Interdependence between the Saving Rate and Technology across Regimes: Evidence fro...
This paper hypothesises that the saving rate and technological prog...
Kevin S. Nell, Maria M. De Mello
Policy Brief
Measurement and analysis of the evolution of institutions in Nigeria
“Institutions matter” has become a generally accepted premise in de...
Johannes W. Fedderke, Mare Sarr, David O. Fadiran
Working Paper
Does Infrastructure Really Explain Economic Growth in Sub-Saharan Africa?
In the light of Africa’s palpable deficit in public infrastructure,...
Odongo Kodongo, Kalu Ojah
Working Paper
The Impact of Basic and Social Infrastructure Investment on Economic Growth and Social ...
Basic and social infrastructure investment can assist in addressing...
Derick Blaauw, Talita Dalton-Greyling, Henk Gnade
Policy Brief
Path dependence and interdependence between institutions and development
Path dependence theory, within the institutions context, means that...
Mare Sarr, David Fadiran
Policy Brief
Bilateral Investment Treaties: An unfair proposition for Developing countries
After the explosive expansion of Bilateral Investment Treaties (BIT...
Umakrishnan Kollamparambil
Policy Brief
Conflict, Economic Growth and Spillover Effects in Africa
While there is a large empirical literature on the determinants of ...
John P. Dunne, Nan Tian
Working Paper
Financial Structure and Economic Development in Africa
This paper explores the relationship between economic development a...
Nyasha Mahonye, Kalu Ojah
Working Paper
The Fundamental Determinants of Competitiveness in African Countries
This study investigates the drivers of competitiveness in African e...
Olumide Taiwo, Julius A. Agbor
Working Paper
Climate change and economic growth in sub-Sahara Africa: A nonparametric evidence
Climate change has been classed as the greatest and urgent global i...
George Adu, Paul Alagidede
Working Paper
Democracy and Education: Evidence from the Southern African Development Community
In this paper I investigate whether democracy in the Southern Afric...
Manoel Bittencourt
Working Paper
Construction of a Social Accounting Matrix for Chad
The use of Applied General Equilibrium (AGE) models to contribute t...
David S. Garber
Working Paper
Inflation and Economic Growth: Evidence from the Southern African Development Countries
In this paper we investigate the role of inflation rates in determi...
Reneé van Eyden, Monaheng Seleteng, Manoel Bittencourt
Working Paper
Inflation and Economic Growth in the SADC: Some Panel Time-Series Evidence
In this paper we investigate the role of inflation rates in determi...
Reneé van Eyden, Monaheng Seleteng, Manoel Bittencourt
Working Paper
Do the Poor Benefit from Devolution Policies? Evidences from Quantile Treatment Effect ...
Existing literature have rarely evaluated distributive effect of Jo...
Steven F. Koch, Edwin Muchapondwa, Dambala Gelo
Working Paper
Sources of Subsectoral Growth in South Africa
While South Africa’s growth performance has improved somewhat in re...
Fiona Tregenna
Working Paper
Economic Growth and Inequality: Evidence from the Young Democracies of South America
We investigate in this paper whether income growth has played any r...
Manoel Bittencourt
Working Paper
Effects of Primary, Secondary and Tertiary Education on Conflict Intensity in Africa
This study investigates the impact of different dimensions of schoo...
Julius A. Agbor
Working Paper
Determinants of Government and External Debt: Evidence from the Young Democracies of So...
We investigate in this paper what are the main determinants of gove...
Manoel Bittencourt
Working Paper
Young Democracies and Government Size: Evidence from South America
We investigate in this paper the hypothesis that when democracies a...
Manoel Bittencourt
Working Paper
Policy change and economic growth: A case study of South Africa
Policy Paper 14 South Africa’s growth experience provides an exampl...
David Faulkner, Christopher Loewald
Policy Paper
From chimera to prospect: South African sources of and constraints on long-term growth,...
Policy Paper 01 The paper takes stock of South Africa’s past growth...
Johannes W. Fedderke
Policy Paper
Does School Education Reduce the Likelihood of Societal Conflict in Africa?
This paper empirically tests the hypothesis that education, as meas...
Julius A. Agbor
Working Paper
Financial Development and Economic Growth in Latin America: Is Schumpeter Right?
In this paper we investigate the role of financial development, or ...
Manoel Bittencourt
Working Paper
On the Looting of Nations
We develop a dynamic discrete choice model of an unchecked ruler ma...
Erwin Bulte, Tim Swanson, Mare Sarr
Working Paper
Characterizing Conflict Forms
This paper presents a model in which two groups in society are enga...
Chandana Kularatne, Johannes W. Fedderke
Working Paper
Macroeconomic performance and inequality: Brazil 1983-1994
We examine how poor macroeconomic performance, mainly in the role o...
Manoel Bittencourt
Working Paper
Exchange rate pass-through to import prices in South Africa: Is there asymmetry?
We examine the impact of financial development on earnings inequali...
Nicolette Cattaneo, T. D. Karoro, Meshach J. Aziakpono
Working Paper
Exchange rate pass-through to import prices in South Africa: Is there asymmetry?
This paper examines the magnitude and speed of exchange rate pass-t...
Meshach J. Aziakpono, Nicolette Cattaneo, T. D. Karoro
Working Paper
Inflation and Financial Development: Evidence from Brazil
We examine the impact of inflation on financial development in Braz...
Manoel Bittencourt
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
Impact of the Current Crisis on Development Thinking
Prof Bheki Sibiya, Director and Head of Wits Business School, cordi...
John Williamson
Workshop