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The Abolition of User Fees and the Demand for Health Care: Re-evaluating the Impact

Steven F. Koch

The impact of the abolition of user fees in South Africa, a policy implemented in 1994 for children under the age of six and the elderly, as well as pregnant and nursing mothers, is examined via regression discontinuity. The analysis focuses on provider choice decisions for curative care treatment...

Jul 2012
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The Objectivity of National Research Foundation Peer Review Based Ratings in South Africa

J.W. Fedderke

This paper examines the strength of association between the outcomes of National Research Foundation (NRF) peer review based rating mechanisms, and a range of objective measures of performance of researchers. The analysis is conducted on 1932 scholars that have received an NRF rating or an NRF...

Jul 2012
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A decision-theoretic model of asset-price underreaction and overreaction to dividend news

Alexander Ludwig and Alexander Zimper

We combine new developments in decision theory with a standard consumption-based asset-pricing framework. In our model the efficient market hypothesis is violated if and only if agents beliefs' express ambiguity about the stochastic process driving economic fundamentals. Asset price fluctuations...

Jun 2012
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Ethnic Reunion and Cultural Affinity

Johan Fourie and Maria Santana-Gallego

Ethnic reunion is the propensity of tourists to travel to regions where their ancestors originate from, while cultural affinity is the propensity of tourists to travel to regions with a shared cultural identity. This paper uses a "world migration matrix", which records the year-1500 origins of the...

Jun 2012
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The Cost of Rigidity: The Case of the South African Labor Market

Johannes Fedderke

The South African labor market has been characterized by high and persistent levels of unemployment, and a poor capacity to create jobs. This paper examines existing evidence on what rigidities have generated this outcome. Pricing power in output markets, as well as labor supply and demand side...

Jun 2012
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The unintended consequences of education policies on South African participation and unemployment

Rulof Burger, Servaas van der Berg and Dieter von Fintel

In the late 1990s the South African Department of Education implemented two policies that were meant to reduce the large number of over-age learners in the school system: schools were no longer allowed to accept students who were more than two years older than the correct grade-age and students...

May 2012
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Poverty and headship in post-apartheid South Africa, 1997-2008

Michael Rogan

In this paper, I investigate the characteristics and poverty status of female- and male-headed households in South Africa using nationally representative household survey data from the October Household Surveys (1997 and 1999) and the General Household Surveys (2004 and 2008). These years (1997-...

May 2012
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The Consistency of Merger Decisions in a Developing Country: The South African Competition Commission

Sunel Grimbeek, Steven F. Koch and Richard J. Grimbeek

The South African Competition Commission's merger decisions for FY2002 through FY2009 are analyzed to empirically identify the factors historically influencing prohibition, conditional approval and unconditional approval. The key explanatory variables are linked to provisions of the 1998...

May 2012
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Publication

Estimating the inflation threshold for South Africa

Temitope L.A. Leshoro

How detrimental is inflation to growth in South Africa? At what level? Motivated by the adoption of inflation targeting by many countries, this paper sets out to empirically determine the threshold level of inflation in South Africa. This study adopts quarterly time series data spanning over the...

May 2012
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Literacy at South African Mission Stations

Johan Fourie, Robert Ross and Russel Viljoen

Accurate measures of education quality — primarily, years of schooling or literacy rates — are widely used to ascertain the contribution of human capital formation on long-run economic growth and development. This paper, using a census of 4500 missionary station residents in 1849 South Africa,...

May 2012
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