Keyword: central bank

Bradley Kent on SA's S&P Credit Rating 2023
ERSA’s own Bradley Kent chats to Hot102.7 FM’s Hot Busi...
Published: 21 November 2023
Bradley Kent
Hot102.7 FM
International Lending Channel, Bank Heterogeneity and Capital Inflows (Mis)Allocation
Working Paper 887 This paper explores the role of banks’ heterogene...
Published: 16 August 2023
Silvia Marchesi, Lucas A. Mariani
Working Paper
Call for Papers: An ERSA Research Workshop: The fiscal history of Sub-Saharan Africa
The public finances of African governments in the colonial and post...
Submit paper: 4 May 2015
Published: 21 June 2023
Call for Papers
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...
Published: 24 March 2022
Roy Havemann, Rossouw van Jaarsveld, Henk Janse van Vuuren, Daan Steenkamp
Working Paper
Risk and return spillovers in a global model of the Foreign Exchange Network
We developed a network model to capture the dynamic interactions am...
Published: 25 August 2021
Herbert Ntuli, Gibson Mudiriza, Edwin Muchapondwa, Boscow Okumu, Alfred K. Mukong
Working Paper
Policy Bulletin 05: The impact of global FX liquidity on the rand
The Covid crisis saw significant declines in market liquidity and c...
Published: 1 July 2021
Tim Olds, Rossouw van Jaarsveld, Daan Steenkamp
Policy Bulletin
Prof Nicola Viegi on evaluating the near future of monetary policy in SA: Sailing into ...
Only three times in the last century has monetary policy been re-ev...
Published: 1 July 2021
Nicola Viegi
Part 1: Monetary policy and Covid-19 in South Africa
The discussion is based on Sailing into the Wind: evaluating the (n...
Published: 1 July 2021
Matthew Simmonds, Nicola Viegi, Mamokete Lijane, Konstantin Makrelov, Gina Schoeman
The effect of cigarette price changes on smoking prevalence by gender: The case of Sout...
South Africa successfully reduced smoking prevalence by substantial...
Published: 19 April 2021
Corné van Walbeek, Nicole Vellios, Zachary Gitonga
Working Paper
Sailing into the Wind: evaluating the (near) future of Monetary Policy in South Africa
Policy Paper 25 This paper evaluates the main challenges facing Sou...
Published: 9 April 2021
Nicola Viegi, Tumisang Loate, Ekaterina Pirozhkova
Policy Paper
Estimates of bank-level funding costs in South Africa
We develop a new dataset of bank-level balance sheets data to estim...
Published: 30 March 2021
Daan Steenkamp, Tim Olds
Working Paper
Health inequality and the 1918 Influenza in South Africa
The 1918 influenza – the Spanish flu – killed an estimated 6% of Sou...
Published: 8 February 2021
Jonathan Jayes, Johan Fourie
Working Paper
The transmission of monetary policy via the banks' balance sheet - does bank size matter?
We study the credit channel of monetary policy in South Africa betw...
Published: 29 January 2021
Tumisang Loate, Nicola Viegi
Working Paper
Social distancing in macroeconomic models
The paper introduces voluntary social distancing to the canonical e...
Published: 8 January 2021
Yoseph Y. Getachew
Working Paper
Quantitative Easing' and central bank asset purchases in South Africa: A DSGE approach
This paper develops a small open-economy (SOE) dynamic stochastic g...
Published: 30 November 2020
Cobus Vermeulen
Working Paper
Indebted Demand by Amir Sufi
The topic for the third virtual meeting is ‘Indebted Demand&#...
Published: 28 October 2020
Amir Sufi
The Italian jobs act – Lessons and challenges from Structural Reforms in Italy by Filip...
The topic for the first virtual meeting is Labour Market Reforms fo...
Published: 5 September 2020
Filippo Taddei
Monetary policy and inequality
South Africa is one of the most unequal countries in the world and ...
Published: 30 July 2020
Neryvia Pillay Bell
Policy Brief
Policy Bulletin 04: Electricity reforms: Experience and approach
South Africa has been experiencing electricity shortages since 2008...
Published: 1 July 2020
Christopher Loewald, Konstantin Makrelov, Andreas Wörgötter
Policy Bulletin
Dr David Fowkes on QE and central bank balance sheet policies: Does South Africa have ‘...
Shortly after the Governor of the SARB gave his speech about the fu...
Published: 26 June 2020
David Fowkes
Fiscal Rules and the Compliance debate: Why do Countries adopt Rules and fail to comply?
We study the compliance with fiscal rules via various national nume...
Published: 1 April 2020
Martin W. Nandelenga, Mark J. Ellyne
Working Paper
Assessing inflation targeting and its communication
It is less onerous to achieve policy objectives when they are clear...
Published: 18 November 2019
Alberto Coco, Nicola Viegi
Policy Brief
A New Keynesian DSGE model for low income economies with foreign exchange constraints
The existing literature is clear that low income economies tend to ...
Published: 23 September 2019
Bertha C. Bangara
Working Paper
The monetary policy of the South African Reserve Bank: stance, communication and credib...
This paper analyses the evolution of the monetary policy stance, co...
Published: 18 July 2019
Alberto Coco, Nicola Viegi
Working Paper
Fiscal policy and adjustment in a foreign exchange constrained economy: Evidence from M...
Most of the recent literature analysing the adjustments of macroeco...
Published: 5 April 2019
Bertha C. Bangara, Amos C. Peters
Policy Brief
Taxpayers’ behavioural responses to Voluntary Disclosure Programmes: evidence from Sout...
South Africa, like any other country, strives towards greater tax r...
Published: 7 December 2018
Ada Jansen, Sophia du Plessis, Chengetai Dare
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 ...
Published: 17 July 2018
Roy Havemann
Working Paper
Policy regime changes and central bank prefernces
This paper establishes whether central bank preferences are related...
Published: 2 July 2018
Samuel Addo
Working Paper
An institutional comparison of private shareholding in the central banks of South Afric...
This paper considers institutional aspects of private shareholding ...
Published: 8 January 2018
Jannie Rossouw
Policy Brief
Flow specific capital controls for emerging markets
This paper investigates the impact of capital controls on business ...
Published: 27 October 2017
Guangling Dave Liu, Chris Garbers
Working Paper
Do monetary policy announcements affect foreign exchange returns and volatility? Some e...
Our empirical study addresses the question: How does the South Afri...
Published: 12 September 2017
Jannie Rossouw, Greg Farrell, Cyril May
Policy Brief
The Reaction of Inflation to Macroeconomic Shocks: The Case of Zimbabwe (2009 – 2012)
This paper empirically investigates the reaction of inflation to ma...
Published: 1 September 2017
William Kavila, Pierre Le Roux
Working Paper
Changes in the Liquidity Effect Over Time: Evidence from Four Monetary Policy Regimes
Monetary policy, post Bretton Woods, saw the emergence of the short...
Published: 24 August 2017
Dawid J. van Lill
Policy Brief
Do monetary policy announcements affect foreign exchange returns and volatility? Some ...
This paper examines the temporal effect of domestic monetary policy...
Published: 6 March 2017
Jannie Rossouw, Greg Farrell, Cyril May
Working Paper
Capital controls and foreign currency denomination
This paper studies the effectiveness of capital controls with forei...
Published: 24 February 2017
Guangling Dave Liu, Fernando Garcia-Barragan
Working Paper
Can bank capital adequacy changes amplify the business cycle in South Africa?
The phenomenon of bank regulation procyclicality requires very care...
Published: 21 February 2017
Sylvanus Ikhide, Foluso Akinsola
Policy Brief

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