Details about Hylton Hollander

Access statistics for papers by Hylton Hollander.

Last updated 2026-09-17. Update your information in the RePEc Author Service.

Short-id: pho643

Working Papers

2026

1. Fiscal r-star and macroeconomic coordination in South Africa
   ERSA Working Paper Series, Economic Research Southern Africa
2. Monetary-fiscal coordination in South Africa: Aligning the stars
   ERSA Working Paper Series, Economic Research Southern Africa
3. Why Higher Trend Inflation Makes Monetary Policy More Costly in South Africa
   ERSA Working Paper Series, Economic Research Southern Africa

2025

4. Domestic credit cycles ad extreme capital flow episodes
   ERSA Working Paper Series, Economic Research Southern Africa
5. Financial Stress in Emerging Markets: The Tail-Risk Trade-Offs Between Growth and Financial Stability Policies
   ERSA Working Paper Series, Economic Research Southern Africa
   See also Journal Article Financial stress in emerging markets: The tail-risk trade-offs between growth and financial stability policies, International Review of Economics & Finance, Elsevier (2026) (2026)
6. Trend Inflation and the Costs of Price Dispersion in a Fiscal DSGE Model
   ERSA Working Paper Series, Economic Research Southern Africa
7. Using Apple Products to Evaluate the Law of One Price and Exchange Rate Passthrough
   ERSA Working Paper Series, Economic Research Southern Africa
   See also Journal Article Using apple products to evaluate the law of one price and exchange rate passthrough, Empirical Economics, Springer (2026) (2026)

2024

8. Nonlinear Real Exchange Rate Adjustments: Insights from iPad Price Data
   ERSA Working Paper Series, Economic Research Southern Africa
   See also Journal Article Nonlinear real exchange rate adjustments: Insights from iPad price data, Journal of International Money and Finance, Elsevier (2026) (2026)
9. The macroeconomics of establishing a basic income grant in South Africa
   ERSA Working Paper Series, Economic Research Southern Africa
   Also in MPRA Paper, University Library of Munich, Germany (2022) View citations (2)
   See also Journal Article The macroeconomics of establishing a basic income grant in South Africa, South African Journal of Economics, Economic Society of South Africa (2024) View citations (5) (2024)

2023

10. A deep learning approach to estimation of the Phillips curve in South Africa
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (3)
11. Fiscal policy and dimensions of inequality in South Africa: A time-varying coefficient approach
    Working Papers, Stellenbosch University, Department of Economics
    See also Journal Article Fiscal policy and dimensions of inequality in South Africa: A time‐varying coefficient approach, South African Journal of Economics, Economic Society of South Africa (2024) (2024)
12. The effectiveness of macroprudential policies in managing extreme capital flow episodes
    Working Papers, Stellenbosch University, Department of Economics
    See also Journal Article The effectiveness of macroprudential policies in managing extreme capital flow episodes, South African Journal of Economics, Economic Society of South Africa (2024) (2024)
13. Time-varying fiscal multipliers for South Africa: A large time-varying parameter vector autoregression approach
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (2)

2022

14. Fiscal policy in times of fiscal stress: Or what to do when r > g
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (6)
    See also Journal Article Fiscal policy in times of fiscal stress (or what to do when r > g), Journal of Policy Modeling, Elsevier (2024) View citations (6) (2024)

2021

15. Debt-financed fiscal stimulus in South Africa
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (4)
    See also Journal Article Debt-financed fiscal stimulus in South Africa, Studies in Economics and Econometrics, Taylor & Francis Journals (2024) (2024)

2020

16. A Forward Guidance Indicator For The South African Reserve Bank: Implementing A Text Analysis Algorithm
    Working Papers, Stellenbosch University, Department of Economics
    See also Journal Article A FORWARD GUIDANCE INDICATOR FOR THE SOUTH AFRICAN RESERVE BANK: IMPLEMENTING A TEXT ANALYSIS ALGORITHM, Studies in Economics and Econometrics, Taylor & Francis Journals (2020) (2020)
17. A medium-sized, open-economy, fiscal DSGE model of South Africa
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (13)

2019

18. A Review of the South African Reserve Bank’s Financial Stability Policies
    Working Papers, Stellenbosch University, Department of Economics View citations (2)

2018

19. Monetary Regimes, Money Supply, and the US Business Cycle since 1959: Implications for Monetary Policy Today
    Working Papers, George Mason University, Mercatus Center
    See also Journal Article MONETARY REGIMES, MONEY SUPPLY, AND THE USA BUSINESS CYCLE SINCE 1959: IMPLICATIONS FOR MONETARY POLICY TODAY, Macroeconomic Dynamics, Cambridge University Press (2022) (2022)

2016

20. The Impact of Oil Shocks in a Small Open Economy New-Keynesian Dynamic Stochastic General Equilibrium Model for South Africa
    Working Papers, University of Pretoria, Department of Economics View citations (5)

2015

21. Forecasting Output Growth using a DSGE-Based Decomposition of the South African Yield Curve
    Working Papers, University of Pretoria, Department of Economics View citations (3)
    See also Journal Article Forecasting output growth using a DSGE-based decomposition of the South African yield curve, Empirical Economics, Springer (2020) View citations (1) (2020)

2014

22. Credit spread variability in U.S. business cycles: the Great Moderation versus the Great Recession
    Working Papers, Stellenbosch University, Department of Economics
    See also Journal Article Credit spread variability in the U.S. business cycle: The Great Moderation versus the Great Recession, Journal of Banking & Finance, Elsevier (2016) View citations (8) (2016)
23. The effectiveness of countercyclical capital requirements and contingent convertible capital: a dual approach to macroeconomic stability
    Working Papers, Stellenbosch University, Department of Economics
24. The equity price channel in a New-Keynesian DSGE model with financial frictions and banking
    Working Papers, Stellenbosch University, Department of Economics
    See also Journal Article The equity price channel in a New-Keynesian DSGE model with financial frictions and banking, Economic Modelling, Elsevier (2016) View citations (8) (2016)

Journal Articles

2026

1. Financial stress in emerging markets: The tail-risk trade-offs between growth and financial stability policies
   International Review of Economics & Finance, 2026, 110, (C)
   See also Working Paper Financial Stress in Emerging Markets: The Tail-Risk Trade-Offs Between Growth and Financial Stability Policies, ERSA Working Paper Series (2025) (2025)
2. Nonlinear real exchange rate adjustments: Insights from iPad price data
   Journal of International Money and Finance, 2026, 167, (C)
   See also Working Paper Nonlinear Real Exchange Rate Adjustments: Insights from iPad Price Data, ERSA Working Paper Series (2024) (2024)
3. Using apple products to evaluate the law of one price and exchange rate passthrough
   Empirical Economics, 2026, 71, (1), 1-26
   See also Working Paper Using Apple Products to Evaluate the Law of One Price and Exchange Rate Passthrough, ERSA Working Paper Series (2025) (2025)

2024

4. Debt-financed fiscal stimulus in South Africa
   Studies in Economics and Econometrics, 2024, 48, (1), 87-112
   See also Working Paper Debt-financed fiscal stimulus in South Africa, WIDER Working Paper Series (2021) View citations (4) (2021)
5. Fiscal policy and dimensions of inequality in South Africa: A time‐varying coefficient approach
   South African Journal of Economics, 2024, 92, (1), 105-119
   See also Working Paper Fiscal policy and dimensions of inequality in South Africa: A time-varying coefficient approach, Working Papers (2023) (2023)
6. Fiscal policy in times of fiscal stress (or what to do when r > g)
   Journal of Policy Modeling, 2024, 46, (5), 1020-1054 View citations (6)
   See also Working Paper Fiscal policy in times of fiscal stress: Or what to do when r > g, WIDER Working Paper Series (2022) View citations (6) (2022)
7. The effectiveness of macroprudential policies in managing extreme capital flow episodes
   South African Journal of Economics, 2024, 92, (1), 31-46
   See also Working Paper The effectiveness of macroprudential policies in managing extreme capital flow episodes, Working Papers (2023) (2023)
8. The macroeconomics of establishing a basic income grant in South Africa
   South African Journal of Economics, 2024, 92, (1), 57-68 View citations (5)
   See also Working Paper The macroeconomics of establishing a basic income grant in South Africa, ERSA Working Paper Series (2024) (2024)

2022

9. MONETARY REGIMES, MONEY SUPPLY, AND THE USA BUSINESS CYCLE SINCE 1959: IMPLICATIONS FOR MONETARY POLICY TODAY
   Macroeconomic Dynamics, 2022, 26, (7), 1806-1832
   See also Working Paper Monetary Regimes, Money Supply, and the US Business Cycle since 1959: Implications for Monetary Policy Today, Working Papers (2018) (2018)

2021

10. South Africa’s 2003–2013 credit boom and bust: Lessons for macroprudential policy
    Economic History of Developing Regions, 2021, 36, (2), 339-365 View citations (3)
11. The evolution of central bank communication as experienced by the South Africa Reserve Bank
    Economic History of Developing Regions, 2021, 36, (2), 282-312 View citations (2)

2020

12. A FORWARD GUIDANCE INDICATOR FOR THE SOUTH AFRICAN RESERVE BANK: IMPLEMENTING A TEXT ANALYSIS ALGORITHM
    Studies in Economics and Econometrics, 2020, 44, (3), 41-72
    See also Working Paper A Forward Guidance Indicator For The South African Reserve Bank: Implementing A Text Analysis Algorithm, Working Papers (2020) (2020)
13. Forecasting output growth using a DSGE-based decomposition of the South African yield curve
    Empirical Economics, 2020, 58, (1), 351-378 View citations (1)
    See also Working Paper Forecasting Output Growth using a DSGE-Based Decomposition of the South African Yield Curve, Working Papers (2015) View citations (3) (2015)

2019

14. The Impact of Oil Shocks in a Small Open Economy New-Keynesian Dynamic Stochastic General Equilibrium Model for an Oil-Importing Country: The Case of South Africa
    Emerging Markets Finance and Trade, 2019, 55, (7), 1593-1618 View citations (15)

2017

15. Macroprudential policy with convertible debt
    Journal of Macroeconomics, 2017, 54, (PB), 285-305 View citations (6)

2016

16. Credit spread variability in the U.S. business cycle: The Great Moderation versus the Great Recession
    Journal of Banking & Finance, 2016, 67, (C), 37-52 View citations (8)
    See also Working Paper Credit spread variability in U.S. business cycles: the Great Moderation versus the Great Recession, Working Papers (2014) (2014)
17. The equity price channel in a New-Keynesian DSGE model with financial frictions and banking
    Economic Modelling, 2016, 52, (PB), 375-389 View citations (8)
    See also Working Paper The equity price channel in a New-Keynesian DSGE model with financial frictions and banking, Working Papers (2014) (2014)

Chapters

2020

1. On the Estimation and Application of Structural Decompositions of the South African Business Cycle
   Springer