Journal publications

Publication

Dynamic Effects of Monetary Policy Shocks in Malawi

Harold Ngalawa and Nicola Viegi

This paper sets out to investigate the process through which monetary policy affects economic activity in Malawi. Using innovation accounting in a structural vector autoregressive model, it is established that monetary authorities in Malawi employ hybrid operating procedures and pursue both price...

May 2011
- Read more about Dynamic Effects of Monetary Policy Shocks in Malawi
Read more
Publication

What are the Distributional Implications of Halving Poverty in South Africa when Growth Alone is not Enough?

Fiona Tregenna

The South African government has set a target of halving poverty by 2014. Using microdata from the 2005/6 Income and Expenditure Survey, this article frames government’s stated target of halving poverty by 2014 in terms of specific measures of the poverty gap and poverty headcount ratio. With the...

Apr 2011
- Read more about What are the Distributional Implications of Halving Poverty in South Africa when Growth Alone is not Enough?
Read more
Publication

Settler skills and colonial development

Johan Fourie and Dieter von Fintel

The emphasis on location-specific factors, such as climate or disease environment, in the explanation of development outcomes in colonial societies implicitly assumes that settler groups were homogenous. Using tax records, this paper shows that the French Huguenots who immigrated to Dutch South...

Mar 2011
- Read more about Settler skills and colonial development
Read more
Publication

An Analysis of Specialist Surgeons and their Practices

Steven F. Koch and Jean D. Slabbert

A purposive sample of South African doctors provided data for the analysis of revenues, costs and earnings associated with specialist surgical medicine. Empirical analysis of the data, based on both nonparametric and parametric regression, finds that practice revenues increase by, on average,...

Mar 2011
- Read more about An Analysis of Specialist Surgeons and their Practices
Read more
Publication

Relative standing and subjective well-being in South Africa: The role of perceptions, expectations and income mobility

Dorrit Posel and Daniela Casale

Most studies that explore the impact of relative standing on subjective well-being use objective measures of the individual’s relative position, such as the mean income of the reference group or the individual’s ranking in the relevant income distribution. In this paper, using a new household...

Mar 2011
- Read more about Relative standing and subjective well-being in South Africa: The role of perceptions, expectations and income mobility
Read more
Publication

Optimal liquidity provision through a demand deposit scheme: The Jacklin critique revisited

Alexander Zimper

We derive conditions such that optimal liquidity provisions through a demand deposit scheme can be sustainably implemented in a subgame perfect Nash equilibrium under the assumption that renegade investors have free access to ex-post asset markets. As our qualitative main finding we demonstrate...

Mar 2011
- Read more about Optimal liquidity provision through a demand deposit scheme: The Jacklin critique revisited
Read more
Publication

Gendered Trends in Poverty in the Post-Apartheid Period, 1997 - 2006

Dorrit Posel and Michael Rogan

This study investigates whether trends in the extent, depth and severity of poverty in South Africa over the past decade have been gendered. We examine first whether females are more likely to live in poor households than males, and whether this has changed over time; and, second, how poverty has...

Mar 2011
- Read more about Gendered Trends in Poverty in the Post-Apartheid Period, 1997 - 2006
Read more
Publication

South Africa’s Electricity Consumption: A Sectoral Decomposition Analysis

R. Inglesi-Lotz and J. Blignaut

South Africa's electricity consumption has increased sharply since the early 1990s. Here we conduct a sectoral decomposition analysis of the electricity consumption for the period 1993 to 2006, to determine the main drivers of this increase. The results show that the increase was due mainly to...

Feb 2011
- Read more about South Africa’s Electricity Consumption: A Sectoral Decomposition Analysis
Read more
Publication

Volatility Spillovers across South African Asset Classes during Domestic and Foreign Financial Crises

Andrew S. Duncan and Alain Kabundi

This paper studies domestic volatility transmission in an emerging economy. Daily volatility spillover indices, relating to South African (SA) currencies, bonds and equities, are estimated using variance decompositions from a generalised vector autoregressive (GVAR) model (Pesaran and Shin 1998)...

Feb 2011
- Read more about Volatility Spillovers across South African Asset Classes during Domestic and Foreign Financial Crises
Read more
Publication

Risk-return tradeoff and the behaviour of volatility on the South African stock market: Evidence from both aggregate and disaggregate data

Mandimika, N.Z. and Chinzara, Z.

The study analyses the nature and behaviour of volatility, the risk-return relationship and the long-term trend of volatility on the South African equity markets, using aggregate-level, industrial-level and sectoral-level daily data for the period 1995-2009. By employing dummy variables for the...

Nov 2010
- Read more about Risk-return tradeoff and the behaviour of volatility on the South African stock market: Evidence from both aggregate and disaggregate data
Read more

Pages

Subscribe to new publication notifications (quarterly)

Search form

Journal publications

Pages