Other Macroeconomic Variables | Economic Research Southern Africa

Keyword: Other Macroeconomic Variables

Disentangling the exchange rate risk, sectoral export flows and financial development n...

This paper examines the differential responses of various emerging ...

Anmar Pretorius, Heinrich Nel

Working Paper

Credit frictions and co-movement of durable and non-durable goods in a small open economy

In this paper I investigate, numerically, the co-movement puzzle by...

Hilary Patroba

Working Paper

Macroprudential policy and foreign interest rate shocks: A comparison of different inst...

This paper presents a generic small open economy real business cycl...

Guangling Dave Liu, Chris Garbers

Working Paper

Flow specific capital controls for emerging markets

This paper investigates the impact of capital controls on business ...

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...

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...

William Kavila, Pierre Le Roux

Working Paper

Aid Volatility and Structural Economic Transformation in sub-Saharan Africa

To what extent does Official Development Assistance (ODA) volatilit...

Thomas Yeboah, Muazu Ibrahim, Emmanuel Kumi

Policy Brief

The behaviour of the real effective rate of South Africa: is there a misalignment

The debate about the equilibrium level of the South African rand an...

Meshach J. Aziakpono, Melvin M. Khomo

Policy Brief

Welfare analysis of bank capital requirements with endogenous default

This paper presents a tractable framework with endogenous default a...

Fernando Garcia-Barragan, Guangling Dave Liu

Working Paper

Analysis of tax harmonisation in the SADC

This paper analyses tax harmonisation in the SADC region. Results o...

Jannie Rossouw, Tendai Gwatidzo, Michael Ade

Working Paper

The welfare cost of macro-prudential policy in a two-country DSGE model

This paper builds a two-country DSGE model with financial frictions...

Hilary Patroba

Working Paper

Do monetary policy announcements affect foreign exchange returns and volatility? Some ...

This paper examines the temporal effect of domestic monetary policy...

Jannie Rossouw, Greg Farrell, Cyril May

Working Paper

Capital controls and foreign currency denomination

This paper studies the effectiveness of capital controls with forei...

Guangling Dave Liu, Fernando Garcia-Barragan

Working Paper

South Africa's real business cycles: The cycle is the trend

It has been argued that business cycles in emerging economies are s...

Leroi Raputsoane, Hilary Patroba

Policy Brief

Aid Volatility and Structural Economic Transformation in sub-Saharan Africa: Does Finan...

This paper departs from the traditional aid–economic growth studies...

Thomas Yeboah, Muazu Ibrahim, Emmanuel Kumi

Working Paper

Perturbed Utility and General Equilibrium Analysis

We study general equilibrium theory of complete markets in an other...

Wei Ma

Working Paper

Has the Exchange Rate Pass-Through changed in South Africa?

This paper uses the two-stage exchange rate pass-through (ERPT) fra...

Asi Mbelu, Alain Kabundi

Working Paper

Financial sector development, economic volatility and shocks in sub-Saharan Africa

The role of financial sector development in economic volatility has...

Paul Alagidede, Muazu Ibrahim

Policy Brief

Effects of South African Monetary Policy Implementation on the CMA: A Panel Vector Auto...

The paper investigates the effects of South African monetary policy...

Monaheng Seleteng

Working Paper

Estimating South Africa's output gap and potential growth rate

The potential output of an economy is an unobservable variable whic...

Johannes W. Fedderke, Daniel K. Mengisteab

Policy Brief

Alternative Strategies for Public Debt Issuance in Zimbabwe: Is there a Trade off?

Introduction As part of managing a debt portfolio, debt managers fa...

Pierre Le Roux, Nebson Mupunga

Policy Brief

The Contribution of Fiscal Decentralization to Regional Inequality: Empirical Results f...

Over the past two decades, many African countries have carried out ...

Ramos Mabugu, Hammed Amusa

Policy Brief

Pareto Optimality and Indeterminancy of General Equilibrium under Knightian Uncertainty

This paper studies general equilibrium theory, for both complete an...

Wei Ma

Working Paper

Estimating South Africa’s output gap and potential growth rate

Policy Paper 21 This paper estimates the potential output of the So...

Johannes W. Fedderke, Daniel K. Mengisteab

Policy Paper

Can currency in circulation predict South African economic activity?

The forecasting of economic activity is of interest to governments,...

Jannie Rossouw, Fanie Joubert, Cobus Vermeulen, Adél Bosch

Policy Brief

Simulation Analysis of Alternative Strategies for Public Debt Issuance in Zimbabwe: Is ...

This paper discusses the simulation analysis of alternative public ...

Pierre Le Roux, Nebson Mupunga

Working Paper

Comovement Between Africa and Advanced Economies: 1980-2011

This paper analyses business cycle comovement between African econo...

Elsabé Loots, Carike Claassen, Alain Kabundi

Working Paper

Evaluating South Africa’s Tobacco Control Initative: A Synthetic Control Approach

South Africa has since 1994 consistently and aggressively increased...

Grieve Chelwa, Evan Blecher, Corné van Walbeek

Working Paper

On the Term Structure of South African Interest Rates: Cointegration and Threshold Adju...

This paper explores the correlations of the short- and long-term in...

Bernard N. Iyke

Working Paper

Portfolio Flows in a two-country RBC model with financial intermediaries

The paper presents a two-country real business cycle model with a f...

Haakon Kavli, Nicola Viegi

Policy Brief

Macroeconomic Uncertainty in South Africa

This paper develops a new index of economic uncertainty for South A...

Chris Redl

Working Paper

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

The study investigates the role of mineral resources in economic de...

Nyasha Mahonye, Leonard Mandishara

Working Paper

Assessment of Monetary Union in SADC: Evidence from Cointegration and Panel Unit Root T...

In this paper we investigate the likelihood of a proposed monetary ...

Mulatu F. Zerihun, Marthinus C. Breitenbach, Francis M. Kemegue

Working Paper

Monetary Integration in SADC: Assessment of Policy Coordination and Real Effective Exch...

This paper evaluates the strength of policy coordination in Souther...

Mulatu F. Zerihun, Marthinus C. Breitenbach, Francis M. Kemegue

Working Paper

Counter-Cyclical Capital Buffers and Interest-Rate Policy as Complements – The Experien...

Counter-cyclical capital buffers are increasingly popular new ̶...

Roy Havemann

Working Paper

Exchange Rate Policy and Export Performance in Efficiency-Driven Economies

Increased globalisation, coupled with rising domestic competition, ...

Nicola K. Rowbotham, Douglas Mbululu, Adrian Saville

Working Paper