Details about Guangling Liu

Access statistics for papers by Guangling Liu.

Last updated 2026-10-15. Update your information in the RePEc Author Service.

Short-id: pli543

Working Papers

2026

1. An energy New Keynesian DSGE model for South Africa
   WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER)
2. Climate policy, energy inflation, and mandated abatement: An energy New Keynesian DSGE Model
   ERSA Working Paper Series, Economic Research Southern Africa
3. Public debt and inflation dynamics in South Africa: An estimated NK-DSGE model with a monetary and fiscal policy mix regime
   ERSA Working Paper Series, Economic Research Southern Africa
4. South Africa's inflation: Monetary or fiscal
   ERSA Working Paper Series, Economic Research Southern Africa
   Also in WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) (2025)

2025

5. Flow-Specific Capital Controls for China
   ERSA Working Paper Series, Economic Research Southern Africa
   See also Journal Article Flow‐specific Capital Controls for China, China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences (2026) (2026)
6. Government expenditure shocks and inflation: A new fiscal policy rule with monetaryand fiscal interactions
   ERSA Working Paper Series, Economic Research Southern Africa
7. The effects of monetary policy shocks on inflation: The role of backed and unbacked public debt in a monetary and fiscal policy regime mix
   ERSA Working Paper Series, Economic Research Southern Africa

2024

8. Spillover effects of the recent US monetary policy shocks on the South African economy: The role of monetary and fiscal policy coordination
   WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER)

2020

9. The optimal monetary and macroprudential policies for the South African economy
   ERSA Working Paper Series, Economic Research Southern Africa
   See also Journal Article The Optimal Monetary and Macroprudential Policies for the South African Economy, South African Journal of Economics, Economic Society of South Africa (2020) View citations (8) (2020)

2019

10. The effectiveness of the counter-cyclical loan-to-value regulation: Generic versus sector-specific rules
    Working Papers, Stellenbosch University, Department of Economics

2018

11. Is Basel III counter-cyclical: The case of South Africa?
    Working Papers, Stellenbosch University, Department of Economics View citations (1)

2017

12. Capital Controls and Foreign Currency Denomination
    2017 Meeting Papers, Society for Economic Dynamics
13. Flow specific capital controls for emerging markets
    Working Papers, Stellenbosch University, Department of Economics
14. Macroprudential policy and foreign interest rate shocks: A comparison of different instruments and regulatory regimes
    Working Papers, Stellenbosch University, Department of Economics

2016

15. Credit market heterogeneity, balance sheet (in)dependence, financial shocks
    Working Papers, Stellenbosch University, Department of Economics

2014

16. 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)
17. The Welfare Cost of Sovereign Default and Liquidity Injections
    Working Papers, Stellenbosch University, Department of Economics
18. 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)

2012

19. Analysing the Effects of Fiscal Policy Shocks in the South African Economy
    Working Papers, University of Pretoria, Department of Economics View citations (7)
    See also Journal Article Analysing the effects of fiscal policy shocks in the South African economy, Economic Modelling, Elsevier (2013) View citations (34) (2013)

2011

20. Business Cycle and Bank Capital Regulation: Basel II Procyclicality
    Working Papers, Stellenbosch University, Department of Economics View citations (2)
21. Will the SARB always succeed in fighting inflation with contractionary policy?
    Working Papers, Stellenbosch University, Department of Economics
    See also Journal Article Will the Sarb always Succeed in Fighting Inflation with Contractionary Policy?, South African Journal of Economics, Economic Society of South Africa (2013) View citations (6) (2013)

2008

22. A New-Keynesian DSGE Model for Forecasting the South African Economy
    Working Papers, University of Pretoria, Department of Economics View citations (1)
    See also Journal Article A New-Keynesian DSGE model for forecasting the South African economy, Journal of Forecasting, John Wiley & Sons, Ltd. (2009) View citations (29) (2009)

2007

23. Forecasting the South African Economy: A DSGE-VAR Approach
    Working Papers, University of Pretoria, Department of Economics View citations (6)

2006

24. A Small-Scale DSGE Model for Forecasting the South African Economy
    Working Papers, University of Pretoria, Department of Economics View citations (2)
    See also Journal Article A SMALL‐SCALE DSGE MODEL FOR FORECASTING THE SOUTH AFRICAN ECONOMY, South African Journal of Economics, Economic Society of South Africa (2007) View citations (40) (2007)

Journal Articles

2026

1. Flow‐specific Capital Controls for China
   China & World Economy, 2026, 34, (5), 195-230
   See also Working Paper Flow-Specific Capital Controls for China, ERSA Working Paper Series (2025) (2025)

2020

2. The Optimal Monetary and Macroprudential Policies for the South African Economy
   South African Journal of Economics, 2020, 88, (3), 368-404 View citations (8)
   See also Working Paper The optimal monetary and macroprudential policies for the South African economy, ERSA Working Paper Series (2020) (2020)

2016

3. 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)
4. 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)

2013

5. Analysing the effects of fiscal policy shocks in the South African economy
   Economic Modelling, 2013, 32, (C), 215-224 View citations (34)
   See also Working Paper Analysing the Effects of Fiscal Policy Shocks in the South African Economy, Working Papers (2012) View citations (7) (2012)
6. Will the Sarb always Succeed in Fighting Inflation with Contractionary Policy?
   South African Journal of Economics, 2013, 81, (3), 330-345 View citations (6)
   See also Working Paper Will the SARB always succeed in fighting inflation with contractionary policy?, Working Papers (2011) (2011)

2012

7. Basel II procyclicality: The case of South Africa
   Economic Modelling, 2012, 29, (3), 848-857 View citations (18)

2011

8. The Impact of Rand/US Dollar Exchange Rate Volatility on the Performance of Futures Markets for Agricultural Commodities
   The African Finance Journal, 2011, 13, (1), 28-46

2010

9. Forecasting the South African economy: a hybrid‐DSGE approach
   Journal of Economic Studies, 2010, 37, (2), 181-195 View citations (12)

2009

10. A New-Keynesian DSGE model for forecasting the South African economy
    Journal of Forecasting, 2009, 28, (5), 387-404 View citations (29)
    See also Working Paper A New-Keynesian DSGE Model for Forecasting the South African Economy, Working Papers (2008) View citations (1) (2008)
11. MODELLING SOUTH AFRICAN CURRENCY CRISES AS STRUCTURAL CHANGES IN THE VOLATILITY OF THE RAND
    South African Journal of Economics, 2009, 77, (3), 363-379 View citations (6)

2007

12. A SMALL‐SCALE DSGE MODEL FOR FORECASTING THE SOUTH AFRICAN ECONOMY
    South African Journal of Economics, 2007, 75, (2), 179-193 View citations (40)
    See also Working Paper A Small-Scale DSGE Model for Forecasting the South African Economy, Working Papers (2006) View citations (2) (2006)

Editor

1. ERSA Working Paper Series
   Economic Research Southern Africa