Author: Hilary Patroba

Credit frictions and co-movement of durable and non-durable goods in a small open economy
In this paper I investigate, numerically, the co-movement puzzle by...
8 February 2018
Working Paper
The welfare cost of macro-prudential policy in a two-country DSGE model
This paper builds a two-country DSGE model with financial frictions...
30 May 2017
Working Paper
South Africa's real business cycles: The cycle is the trend
It has been argued that business cycles in emerging economies are s...
14 February 2017
Policy Brief
South Africa’s real business cycles: The Cycle is the trend
This paper tests the ‘cycle is the trend’ hypothesis. We investigat...
1 July 2016
Working Paper