Details about Konstantin Makrelov

Access statistics for papers by Konstantin Makrelov.

Last updated 2025-03-17. Update your information in the RePEc Author Service.

Short-id: pma2946

Working Papers

2024

1. Carbon taxation in South Africa and the risks of carbon border adjustment mechanisms
   Occasional Bulletin of Economic Notes, South African Reserve Bank
2. The lending implications of banks holding excess capital
   Working Papers, South African Reserve Bank
   See also Journal Article The Lending Implications of Banks Holding Excess Capital, South African Journal of Economics, Economic Society of South Africa (2025) (2025)

2023

3. Drivers of corporate credit in South Africa
   Occasional Bulletin of Economic Notes, South African Reserve Bank

2022

4. A climate change modelling framework for financial stress testing in Southern Africa
   Working Papers, South African Reserve Bank
5. Leaning against the wind with fiscal and monetary policy
   Working Papers, South African Reserve Bank View citations (1)
6. The short term costs of reducing trend inflation in South Africa
   Working Papers, South African Reserve Bank View citations (1)

2021

7. Addressing low labour utilisation in South Africa
   Working Papers, South African Reserve Bank View citations (4)
8. Fiscal multipliers in South Africa after the global financial crisis
   Working Papers, South African Reserve Bank View citations (4)

2020

9. Climate change and its implications for central banks in emerging and developing economies
   Working Papers, South African Reserve Bank View citations (4)
10. Covid-19 lockdowns, income distribution, and food security: an analysis for South Africa
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library View citations (42)
11. Covid-19 lockdowns- Impact more severe than previously thought
    Occasional Bulletin of Economic Notes, South African Reserve Bank
12. Occasional Bulletin of Economic Notes 2001 The impact of inflation on the poor June 2020
    Occasional Bulletin of Economic Notes, South African Reserve Bank
13. The great descent- Fiscal multiplier now a fraction of what it was a decade ago
    Occasional Bulletin of Economic Notes, South African Reserve Bank
14. Time consistency and economic growth a case study of south african macroeconomic policy
    Working Papers, South African Reserve Bank View citations (10)

2019

15. Capital flow reversal and impacts through the financial sector
    Occasional Bulletin of Economic Notes, South African Reserve Bank
16. The effectiveness of the Employment Tax Incentive August 2019
    Occasional Bulletin of Economic Notes, South African Reserve Bank
17. The impact of a higher leverage ratio on the South African economy
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (2)
    See also Journal Article The impact of higher leverage ratios on the South African economy, Studies in Economics and Econometrics, Taylor & Francis Journals (2021) (2021)
18. The impact of capital flow reversal shocks in South Africa a stock and flowconsistent analysis
    Working Papers, South African Reserve Bank View citations (1)
    See also Journal Article The impact of capital flow reversal shocks in South Africa: a stock- and-flow-consistent analysis, International Review of Applied Economics, Taylor & Francis Journals (2021) View citations (3) (2021)

2018

19. Fiscal multipliers in South Africa: The importance of financial sector dynamics
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (5)
20. Stock-and-flow-consistent macroeconomic model for South Africa
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (7)

2015

21. An Uncertainty Approach to Modelling Climate Change Risk in South Africa
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (4)

2014

22. An Integrated Approach to Modelling Energy Policy in South Africa: Evaluating Carbon Taxes and Electricity Import Restrictions
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (2)

2013

23. Achieving higher growth and employment Policy options for South Africa
    Working Papers, South African Reserve Bank View citations (10)

2012

24. The Economic Implications of Introducing Carbon Taxes in South Africa
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (14)

2011

25. Low Carbon Development and Carbon Taxes in South Africa
    Conference papers, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project
26. Measuring the Carbon Content of the South African Economy
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (2)

2009

27. Productivity-Raising Interventions for the South African Economy: A CGE Analysis
    EcoMod2009, EcoMod

Journal Articles

2025

1. The Lending Implications of Banks Holding Excess Capital
   South African Journal of Economics, 2025, 93, (1), 27-42
   See also Working Paper The lending implications of banks holding excess capital, Working Papers (2024) (2024)

2023

2. Fiscal risks and their impact on banks' capital buffers in South Africa
   South African Journal of Economics, 2023, 91, (1), 116-134

2021

3. The impact of capital flow reversal shocks in South Africa: a stock- and-flow-consistent analysis
   International Review of Applied Economics, 2021, 35, (3-4), 475-501 View citations (3)
   See also Working Paper The impact of capital flow reversal shocks in South Africa a stock and flowconsistent analysis, Working Papers (2019) View citations (1) (2019)
4. The impact of higher leverage ratios on the South African economy
   Studies in Economics and Econometrics, 2021, 45, (3), 184-207
   See also Working Paper The impact of a higher leverage ratio on the South African economy, WIDER Working Paper Series (2019) View citations (2) (2019)

2020

5. Balance sheet changes and the impact of financial sector risk-taking on fiscal multipliers
   Economic Modelling, 2020, 87, (C), 322-343 View citations (8)

2016

6. A sequential approach to integrated energy modeling in South Africa
   Applied Energy, 2016, 161, (C), 591-599 View citations (13)

2014

7. Introducing carbon taxes in South Africa
   Applied Energy, 2014, 116, (C), 344-354 View citations (55)

2013

8. Measuring the Carbon Intensity of the South African Economy
   South African Journal of Economics, 2013, 81, (3), 393-415 View citations (9)