Author: Guangling Dave Liu

The optimal monetary and macroprudential policies for the South African economy
We investigate the optimal design and effectiveness of monetary and...
7 February 2020
Working Paper
The effectiveness of counter-cyclical loan-to-value regulations: generic versus sector-specific rules
This paper considers the implications of the counter-cyclical loan-...
16 August 2019
Working Paper
Fiscal stimulus in a global zero lower bound environment
This paper investigates the effect of fi scal stimulus from an emer...
7 August 2018
Working Paper
Is Basel III counter-cyclical: The case of South Africa?
This paper develops a dynamic general equilibrium model with bankin...
7 August 2018
Working Paper
Macroprudential policy and foreign interest rate shocks: A comparison of different instruments and regulato...
This paper presents a generic small open economy real business cycl...
27 October 2017
Working Paper
Flow specific capital controls for emerging markets
This paper investigates the impact of capital controls on business ...
27 October 2017
Working Paper