capital market | Economic Research Southern Africa

Keyword: capital market

Dynamic Integration of Emerging Market Bond Yields into the Global Bond Market

This paper investigates empirically the integration of bond markets...

Anmar Pretorius, Alain Kabundi

Working Paper

On the impossibility of insider trade in rational expectations equilibria

Existing no trade results are based on the common prior assumption ...

Alexander Zimper

Working Paper

South African Capital Markets: An Overview

This paper presents a overview and discussion of facts and research...

Shakill Hassan

Working Paper

Does Education Promote Stable Property Rights?

This paper sets out to establish an empirical link between educatio...

Biniam E. Bedasso

Working Paper

The Equity Price Channel in a New-Keynesian DSGE Model with Financial Frictions and Ban...

This paper studies the role of the equity price channel in business...

Hylton Hollander, Guangling Liu

Working Paper

Bank Deposit Contracts Versus Financial Market Participation in Emerging Economies

The financial sector of emerging economies in Africa is characteriz...

Alexander Zimper

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...

Alexander Zimper, Alexander Ludwig

Working Paper

Asset pricing in a Lucas ‘fruit-tree’ economy with non-additive beliefs

We study a Lucas (1978) “fruit-tree” economy under the ...

Alexander Zimper

Working Paper

The nature of South Africa’s trade patterns by economic sector, and the extent of trade...

Policy Paper (Interest) 03 We explore changing trade protection of ...

Policy Paper

Changing factor market conditions in South Africa: The capital market - a sectoral desc...

Policy Paper (Interest) 07 We explore changing conditions in South ...

Policy Paper