Author: Roy Havemann

The macroeconomics of establishing a basic income grant in South Africa
This paper  offers a discussion on the macroeconomics of establishi...
16 September 2022
Discussion Document
Technical background paper: The macroeconomics of establishing a basic income grant in South Africa
This paper quantifies the effect of fiscal transfers on the trade-o...
16 September 2022
Discussion Document
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...
24 March 2022
Working Paper
Reigniting economic growth: Lessons from three centuries of data
We estimate that since 1701, South Africa has experienced 163 years...
1 March 2021
Working Paper
Contagion without deposit insurance: The South African small bank crisis of 2002/3
Following the failure of Saambou bank in February 2002, another sev...
30 June 2020
Working Paper
Can creditor bail-in trigger contagion? The experience of an emerging market
The successful bail-in of creditors in African Bank, a small South ...
17 July 2018
Working Paper