Monetary Policy | Economic Research Southern Africa

Keyword: Monetary Policy

Labour Market and Monetary Policy in South Africa

Unemployment is the defining characteristic of the South African ec...

Vincent Dadam, Nicola Viegi

Working Paper

Loud and Clear: Can we hear when the SARB speaks?

Communication has become critically important for modern monetary p...

Stan Du Plessis, Monique Reid

Policy Brief

Financial sector development and threshold effect of inflation in ECOWAS and SADC: A Pa...

The financial sector of an economy is now widely agreed to constitu...

Sulemana Mahawiya

Working Paper

The role of international institutions of global governance in steering globalization

Globalization is a historical process, as it traces back to the 14t...

Charles V. R. Wait, T. A. Thibane

Working Paper

The role of banks in money creation

The phrase “banks create money” forms part of popular discourse, bu...

Nicholas Spearman

Policy Brief

Fifth Annual Monetary Economics Workshop

The Fifth Annual Monetary Economics workshop will be dedicated to f...

Submit paper: 20 July 2015

Davide Furceri

Workshop

The Short Term Economic Impact of Levying E-Tolls on Industries

TERM[1] is used to analyse the short term regional economic impact ...

Francois J. Stofberg, Jan H. van Heerden

Working Paper

A categorisation and evaluation of rhino management policies

Rhino populations are at a critical level and new approaches are ne...

James N. Blignaut, Douglas J. Crookes

Working Paper

Optimal Monetary Policy with Learning by Doing

I study the implications of learning by doing in production for opt...

Chris Redl

Working Paper

Variance Bounds as Thresholds for ‘Excessive’ Currency Volatility: Inflation Targeting ...

At what level does a currencys volatility become excessive, in a...

Shakill Hassan, Shaista Amod

Working Paper

Credit Procyclicality and Financial Regulation in South Africa

This study assesses the behaviour of credit extension over the econ...

James Bernstein, Eric Schaling, Leroi Raputsoane

Working Paper

Credit Procyclicality and Financial Regulation in South Africa

This study assesses the behaviour of credit extension over the econ...

James Bernstein, Eric Schaling, Leroi Raputsoane

Working Paper

Financial Stress Indicator Variables and Monetary Policy in South Africa

This paper analyses the relationship between financial stress indic...

Leroi Raputsoane

Working Paper

Financial Stress Indicator Variables and Monetary Policy in South Africa

This paper analyses the relationship between financial stress indic...

Leroi Raputsoane

Working Paper

The reliability of South African real-time output gap estimates

Estimates of the output gap are an important component of policy-ma...

Jessica Kramer, Greg Farrell

Working Paper

Fourth Annual Monetary Economics Workshop

The Fourth Annual Monetary Economics workshop is dedicated mainly t...

University of Pretoria, SARB, ERSA

Workshop

Monetary Policy and Heterogeneous Inflation Expectations in South Africa

This paper examines the relationship between ination and ination ...

Alain Kabundi, Modeste Some, Eric Schaling

Working Paper

A Post-Crisis Reading of the 'Role of Monetary Policy'

In 1967 Milton Friedman delivered “The Role of Monetary Policy’ as ...

Stan Du Plessis

Working Paper

Relative price variability: Which components of the consumer price index contribute tow...

This paper follows work by Choi, Kim and O’Sullivan (2011), but dev...

Siobhan Redford, Eliphas Ndou

Working Paper

Nominal GDP Targeting and the Monetary Policy Framework

A nominal income target may provide credibility to a commitment to ...

Shakill Hassan, Christopher Loewald

Working Paper

South African Capital Markets: An Overview

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

Shakill Hassan

Working Paper

Evolution of Monetary Policy Transmission Mechanism in Malawi: A TVP-VAR with Stochasti...

This paper investigates the evolution of monetary transmission mech...

Manoel Bittencourt, Chance Mwabutwa, Nicola Viegi

Working Paper

Does Education Promote Stable Property Rights?

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

Biniam E. Bedasso

Working Paper

Monetary Policy Response to Foreign Aid in an Estimated DSGE Model of Malawi

This paper estimates a Bayesian Dynamic Stochastic General Equilibr...

Manoel Bittencourt, Chance Mwabutwa, Nicola Viegi

Working Paper

Third Annual Monetary Economics Workshop: "The Future of Monetary Policy"

29th and 30th of August 2013 Third Annual Monetary Economics Worksh...

Lucrezia Reichlin

Workshop

Interaction of Formal and Informal Financial Markets in Quasi-Emerging Market Economies

The primary objective of this paper is to investigate the interacti...

Nicola Viegi, Harold P. E. Ngawala

Working Paper

Monetary policy and inflation in South Africa: A VECM augmented with foreign variables

We develop a structural cointegrated vector autoregressive (VAR) mo...

Annari de Waal, Reneé van Eyden

Working Paper

Second Annual Monetary Economics and Macroeconomic Modelling Workshop

The workshop will review work in the areas of monetary economics, f...

ERSA

Workshop

Monetary policy and commodity terms of trade shocks in emerging market economies

Commodity terms of trade shocks have continued to drive macroeconom...

Albert Touna-Mama, Seedwell Hove, Fulbert Tchana Tchana

Working Paper

The High-Frequency Response of the Rand-Dollar rate to Inflation Surprises

We examine the high-frequency response of the rand-dollar nominal r...

Nicola Viegi, Greg Farrell, Shakill Hassan

Working Paper

Will the SARB always succeed in fighting inflation with contractionary policy?

The conventional view is that a monetary policy shock has both supp...

Guangling Dave Liu

Working Paper

Property rights, institutions and source of fuel wood in rural Ethiopia

This study examines the relationship between property rights, defin...

Steven F. Koch, Abebe Beyene

Working Paper

Bank concentration and the interest rate pass-through in Sub-Saharan African countries

This study investigates the link between bank concentration and int...

Tadiwa Mangwengwende, Zivanemoyo Chinzara, Heinrich Nel

Working Paper

Aftercare of inward foreign direct investment: A case study of South Africa

Attraction of new inward foreign direct investment (FDI) globally, ...

Ronald Mears, Benjamin Manasoe

Working Paper

Alternative indices of political freedoms, property rights, and political instability f...

This paper presents new institutional measures for Zambia. Coverage...

Johannes W. Fedderke, Farayi Gwenhamo, I. Lourenco

Working Paper

Democracy, Populism and Hyperinflation(s): Some Evidence from Latin America

We test for the populist view of inflation in Latin America between...

Manoel Bittencourt

Working Paper