Virtual CDE Workshop on SA Cities and Growth

Urban economics has provided powerful insights into how the character of cities influences the trajectory of growth. This is a vital issue in South Africa, given our past, yet urban issues are mostly studied by experts located outside departments of economics. CDE in collaboration with Economics Research South Africa (ERSA), is hosting a closed workshop, […]

Macroeconomic and Financial Modelling for Economic Policy

The 7th Annual Monetary Economics workshop will be dedicated to the contribution of macroeconomic and financial modelling to the formulation of economic policy. The workshop will be a combination of technical presentation and roundtable discussions between academics and policymakers. South African researchers are invited to submit contributions and papers related to the theme for the […]

Mechanism between mining sector and economic growth in Zimbabwe, is it a resource curse?

The study investigates the role of mineral resources in economic development and sees how the extractive sector impacts the overall performance of the economy of a country endowed with a diverse minerals and metals. We analyzed the economic growth model using human capital, population growth, property rights, and political rights, share of mineral exports to […]

ERSA Lecture Series in Economic Theory: “Knightian Uncertainty in Economics and Finance”

Lecturer: Professor Frank Riedel (University of Bielefeld, Germany) Topic:  Knightian uncertainty plays a fundamental role in recent years, both in economic policy as in economic theory. Knightian uncertainty refers here to situations in which the probabilities of relevant outcomes are not known. Such situations occur frequently in economics when, e.g. quantities such as the probability of […]

An examination of the Impact of Economic Policy on long-run Economic Growth: An application of a VECM structure to a middle-income context

This paper examines the impact of two indicators of government policy, government consumption expenditure and inflation, on per capita GDP in South Africa over the period 1935-1992. The paper draws from both the theoretical literature on growth as well as the international empirical findings. We highlight two possible effects of government consumption expenditure: government consumption […]