Author: Eric Schaling

Estimating a Philipps Curve for South Africa: A Bounded Random Walk Approach
Introduction The Phillips curve depicts the relationship between cu...
24 May 2016
Policy Brief
Estimating a Phillips Curve for South Africa: A Bounded Random Walk Approach
In this paper we estimate a Phillips curve for South Africa using a...
14 December 2015
Working Paper
Credit Procyclicality and Financial Regulation in South Africa
This study assesses the behaviour of credit extension over the econ...
21 July 2014
Working Paper
Credit Procyclicality and Financial Regulation in South Africa
This study assesses the behaviour of credit extension over the econ...
21 July 2014
Working Paper
Monetary Policy and Heterogeneous Inflation Expectations in South Africa
This paper examines the relationship between in‡ation and in‡ation ...
20 February 2014
Working Paper
Why Speed Doesn’t Kill: Learning to Believe in Disinflation
Central bankers generally prefer to reduce inflation gradually. We ...
22 September 2012
Working Paper