JEL code: G12

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
Policy Bulletin 04: Electricity reforms: Experience and approach
South Africa has been experiencing electricity shortages since 2008...
1 July 2020
Policy Bulletin
Chris Loewald on the Monetary Policy response to the Coronavirus pandemic in South Africa: why buffers matter
Amidst the Coronavirus Pandemic and an economic downgrade, we speak...
8 April 2020
Podcast
Dynamic Integration of Emerging Market Bond Yields into the Global Bond Market
This paper investigates empirically the integration of bond markets...
4 June 2014
Working Paper
The Equity Price Channel in a New-Keynesian DSGE Model with Financial Frictions and Banking
This paper studies the role of the equity price channel in business...
23 July 2013
Working Paper
A decision-theoretic model of asset-price underreaction and overreaction to dividend news
We combine new developments in decision theory with a standard cons...
26 September 2012
Working Paper