Details about Eliphas Ndou

Access statistics for papers by Eliphas Ndou.

Last updated 2025-01-07. Update your information in the RePEc Author Service.

Short-id: pnd46

Working Papers

2014

1. Relative price variability Which components of the consumer price index contribute towards its variability
   Working Papers, South African Reserve Bank View citations (1)

2013

2. Important channels of transmission of monetary policy shock in South Africa
   Working Papers, South African Reserve Bank View citations (7)
3. Working Paper 169 - Monetary Policy and Exchange Rate Shocks on South African Trade Balance
   Working Paper Series, African Development Bank View citations (7)
4. Working Paper 189 - An Empirical Investigation of the Taylor Curve in South Africa
   Working Paper Series, African Development Bank View citations (4)

2012

5. A Financial Conditions Index for South Africa
   Working Papers, South African Reserve Bank View citations (19)
   Also in IMF Working Papers, International Monetary Fund (2012) View citations (18)
6. Working Paper 157 - How are the US Financial Shocks Transmitted into South Africa? Structural VAR Evidence
   Working Paper Series, African Development Bank View citations (11)
   Also in Working Paper Series, African Development Bank (2012) View citations (11)
7. Working Paper 161 - The Impact of Euro Area Monetary and Bond Yield Shocks on the South African Economy: Structural Vector Autoregression Model Evidence
   Working Paper Series, African Development Bank View citations (2)

2011

8. Working Paper 133 - Monetary Policy Transmission, House Prices and Consumer Spending in South Africa: An SVAR Approach
   Working Paper Series, African Development Bank View citations (37)
9. Working Paper 134 - Inflation Targeting, Exchange Rate Shocks and Output: Evidence from South Africa
   Working Paper Series, African Development Bank View citations (4)

Journal Articles

2024

1. Exchange rate and GDP nexus in South Africa: the disconnect after the 2008 global recession
   SN Business & Economics, 2024, 4, (2), 1-27
2. Inflation-income inequality nexus in South Africa: the role of inflationary environment
   Journal of Applied Economics, 2024, 27, (1), 2316968
3. Should the South African Reserve Bank lower the inflation target band? Insights from the GDP-inflation nexus
   Journal of Policy Modeling, 2024, 46, (3), 638-654

2023

4. The effect of monetary policy on output using sign restriction VAR: evidence from South Africa and South Korea
   Empirical Economics, 2023, 64, (4), 1979-2003

2022

5. Exchange rate changes on export volumes in South Africa under the inflation targeting period
   SN Business & Economics, 2022, 2, (6), 1-25 View citations (2)
6. The exchange rate passthrough to consumer price inflation in South Africa: has the inflation target band induced a structural change in the size of passthrough?
   SN Business & Economics, 2022, 2, (6), 1-32 View citations (2)

2021

7. Exchange rate changes, price level and the income effects on trade balance in South Africa
   SN Business & Economics, 2021, 1, (2), 1-19

Books

2023

1. Fiscal Policy Shocks and Macroeconomic Growth in South Africa
   Springer Books, Springer

2021

2. Achieving Price, Financial and Macro-Economic Stability in South Africa
   Springer Books, Springer View citations (1)

2020

3. The Secular Decline of the South African Manufacturing Sector
   Springer Books, Springer

2019

4. Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa
   Springer Books, Springer View citations (5)
5. Capital Flows, Credit Markets and Growth in South Africa
   Springer Books, Springer View citations (1)
6. Exchange Rate, Second Round Effects and Inflation Processes
   Springer Books, Springer View citations (1)
7. Inequality, Output-Inflation Trade-Off and Economic Policy Uncertainty
   Springer Books, Springer View citations (2)

2017

8. Bank Credit Extension and Real Economic Activity in South Africa
   Springer Books, Springer View citations (2)
9. Global Economic Uncertainties and Exchange Rate Shocks
   Springer Books, Springer
10. Inflation Dynamics in South Africa
    Springer Books, Springer View citations (3)
11. Labour Market and Fiscal Policy Adjustments to Shocks
    Springer Books, Springer

2016

12. Global Growth and Financial Spillovers and the South African Macro-economy
    Palgrave Macmillan Books, Palgrave Macmillan View citations (2)

2013

13. Monetary Policy and the Economy in South Africa
    Palgrave Macmillan Books, Palgrave Macmillan View citations (7)

Chapters

2023

1. Budget Balance Deficit Thresholds and Their Macroeconomic Impact
   Springer
2. Do High Government Debt Service Costs Reduce the Potency of Accommodative Fiscal Policy in South Africa?
   Springer
3. Do High Government Debt-to-GDP Regimes Propagate the Adverse Macroeconomic Effects of High Budget Deficit Regimes?
   Springer
4. Economic Policy Uncertainty and the Employment Dynamics in South Africa Under the Inflation Targeting Regime
   Springer
5. Economic Policy Uncertainty, Employment Dynamics, and Price Stability in South Africa
   Springer
6. Effects of Government Debt on Output, Household Consumption, and Gross Fixed Capital Formation: Role of the Credit Conditions Channel
   Springer
7. Government Debt and Capital Formation Nexus in South Africa: The Role of the Debt Threshold
   Springer
8. Government Debt and Fixed Capital Formation Nexus: Effects of the Interest Rate and Monetary Policy Credibility Channels
   Springer
9. Government Debt and Household Consumption: The Influence of the Wealth Channel
   Springer
10. Government Debt-to-GDP Ratio, Investment Growth and Employment Growth, and Their Response to High Nominal GDP Growth Regimes
    Springer
11. Inflation Targeting Band, the Government Debt, and Capital Formation Nexus in South Africa
    Springer
12. Introduction
    Springer
13. Summary of Main Findings and Policy Implications
    Springer
14. Synopsis of Fiscal Policy in South Africa: 1994–2020
    Springer
15. The Impact of a Persistent Increase in the Budget Deficit on Real Interest Rates
    Springer
16. The Impact of the Government Debt-to-GDP Ratio on Investment Growth
    Springer
17. The Role of Economic and Policy Uncertainty on the Effects of Widening Budget Deficits on Yields and the Credit Default Swap Spreads
    Springer
18. What Are the Effects of Budget Balance Deficit Regimes on Inflation and Inflation Expectations?
    Springer
19. What Are the Macroeconomic Effects of a Positive Interest Rate-GDP Growth Differential Shock?
    Springer
20. Widening Budget Deficits and Investment Growth Dynamics
    Springer

2021

21. A Review of the Central Bank Balance Sheet Tools That Can Be Deployed to Assist in the Achievement of Price, Financial and Macro-economic Stability
    Springer
22. Are the Amplification Effects of Positive Shocks to SARB Assets Growth and Forex Reserves Accumulation on Long-Term Yields Dependent on Government Debt Growth Regimes?
    Springer
23. Conclusion
    Springer
24. Credit Conditions and the Amplification of Macro-economic Responses to Unexpected Shocks: Implications for Monetary Policy
    Springer
25. Do Capital Inflows Relieve Banks’ Credit Constraints and Boost Credit Growth? Evidence from Credit Conditions and Bank Credit Risk
    Springer
26. Do Contractionary Fiscal Policy Shocks Transmitted via GDP Growth Dampen Credit Growth?
    Springer
27. Do Financial Regulatory Tools Impact the Transmission of Capital Inflow Shocks into Credit Extension and Induce a Reallocation of Sectoral Credit Shares?
    Springer
28. Do Non-Performing Loans Propagate the Transmission of Monetary Policy Tightening Shocks to Sectorial Credit?
    Springer
29. Do Synchronised Boom and Non-boom Episodes in Credit Growth, Commodity and Equity Prices Impact the Response of the Repo Rate to Positive Inflation Shocks?
    Springer
30. Do Synchronised Credit Growth and House Price Growth Booms Impact the Monetary Policy Reaction to Inflationary Pressures?
    Springer
31. Do the Exchange Rate Depreciation and Volatility Shocks Impact Money Demand in South Africa?
    Springer
32. Do the Shortfalls and Overhangs Derived from Money Demand in South Africa Augmented with Portfolio Balances Impact Inflation Dynamics?
    Springer
33. Does Economic Policy Uncertainty Impact Real Money Demand in South Africa?
    Springer
34. Does an Increase in Government Debt Threaten Economic Growth Recovery Via Tightening Credit Conditions?
    Springer
35. Does the Threshold for Household Debt Growth Matter for GDP Growth and the Response of Monetary Policy to Inflation Shocks?
    Springer
36. Foreign Currency Reserves: Do They Contribute to GDP Growth and Employment Growth?
    Springer
37. Has the Inflation Target Band Impacted the Natural Rate of Unemployment in South Africa? Evidence from the Accelerationist Philips Curve
    Springer
38. How Does a Tight Monetary Policy Shock Affect the Household Sector Intermediation? Evidence from Households’ Flow-of-Funds Data
    Springer
39. How Effective Is the Relaxation of the Countercyclical Capital Buffer at a Time When Other Residential Macro-prudential Tools Are Tight?
    Springer
40. How Potent Is the Required Reserves Tightening Shock Impact on Funding and Consumer Interest Rates?
    Springer
41. Introduction
    Springer
42. Is There a Case for the Public Investment Corporation to Increase Its Holdings of Government Debt Securities?
    Springer
43. Is There a Compelling Case to Increase the SARB Holdings of Government Securities to Supplement Interest Income and Neutralise Losses Due to Foreign Investments and Foreign Currency Reserves Accumulation?
    Springer
44. Is a Single Sectorial Credit Growth Threshold Too Restrictive? Evidence from the Output and Inflation
    Springer
45. Is the Excess Capital Adequacy Ratio Beneficial in Neutralising Excessive Credit Growth and Inflationary Pressures? What Are the Implications for Monetary and Financial Policy?
    Springer
46. Is the Impact of an Unexpected Positive Required Reserves Ratio Shock on Inflation Expectations Different from That Due to Positive Excess Liquid Asset Holdings and Forex Reserves Shock?
    Springer
47. Is the Interest Rate Corridor an Effective Instrument to Dampen the Accumulation of Excess Reserves and the Inter-bank Rate Volatility?
    Springer
48. Large-Scale Asset Purchases and Activity in the Primary and Secondary Share and Bond Markets
    Springer
49. Output Growth and Inflation Responses to Single and Double Credit Growth Threshold Effects in South Africa
    Springer
50. Revisiting the Role of the Money Demand Function: Does the Shortfall in Money Demand Impact the Inflation Responses to the Exchange Rate Depreciation Shocks?
    Springer View citations (1)
51. The Impact of Large-Scale Asset Purchases on Non-residents’ Purchases of South African Assets
    Springer
52. The Stock and Flow Effects of Large-Scale Asset Purchases: Evidence from Persistent Versus Transitory Shocks
    Springer
53. To What Extent Are the Public and Private Sector Financial Asset Flows Impacted by a Monetary Policy Tightening Shock?
    Springer
54. To What Extent Do Capital Inflows Impact the Response of South African Economic Growth to Positive SA-US Interest Rate Differential Shocks?
    Springer
55. What Is the Impact of Large-Scale Asset Purchases and Private Banks’ Balance Sheets?
    Springer
56. What Role Do Non-performing Loans Play in Propagating the Excess Liquid Asset Holdings Shock Effects on Sectoral Credit Re-allocation?
    Springer

2013

57. Effects of Monetary Policy on Output
    Palgrave Macmillan
58. Exchange Rate, House Price and Equity Shocks on the Current Account
    Palgrave Macmillan
59. Inflation Uncertainty and Output
    Palgrave Macmillan
60. International Transmission of US Shocks into South Africa
    Palgrave Macmillan
61. Introduction: South African Monetary Policy Regimes
    Palgrave Macmillan
62. Monetary Policy Transmission, House Prices and Consumption
    Palgrave Macmillan View citations (27)
63. Monetary Policy and Exchange Rate Shocks on South Africa’s Trade Balance
    Palgrave Macmillan View citations (5)
64. Monetary Policy, Disposable Income and Consumption
    Palgrave Macmillan
65. Mortgage Variables, Monetary Policy and Consumption
    Palgrave Macmillan