Achieving Price, Financial and Macro-Economic Stability in South Africa

Gumata, Nombulelo; Ndou, Eliphas

Achieving Price, Financial and Macro-Economic Stability in South Africa

Nombulelo Gumata () and Eliphas Ndou
Additional contact information
Nombulelo Gumata: South African Reserve Bank

Date: 2021
ISBN: 978-3-030-66340-7
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Chapters in this book:

Ch Chapter 1 Introduction: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 10 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?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 11 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?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 12 Does an Increase in Government Debt Threaten Economic Growth Recovery Via Tightening Credit Conditions?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 13 Foreign Currency Reserves: Do They Contribute to GDP Growth and Employment Growth?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 14 What Is the Impact of Large-Scale Asset Purchases and Private Banks’ Balance Sheets?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 15 Is the Interest Rate Corridor an Effective Instrument to Dampen the Accumulation of Excess Reserves and the Inter-bank Rate Volatility?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 16 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?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 17 How Potent Is the Required Reserves Tightening Shock Impact on Funding and Consumer Interest Rates?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 18 The Impact of Large-Scale Asset Purchases on Non-residents’ Purchases of South African Assets: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 19 Large-Scale Asset Purchases and Activity in the Primary and Secondary Share and Bond Markets: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 2 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: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 20 The Stock and Flow Effects of Large-Scale Asset Purchases: Evidence from Persistent Versus Transitory Shocks: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 21 Is There a Case for the Public Investment Corporation to Increase Its Holdings of Government Debt Securities?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 22 Has the Inflation Target Band Impacted the Natural Rate of Unemployment in South Africa? Evidence from the Accelerationist Philips Curve: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 23 Do Financial Regulatory Tools Impact the Transmission of Capital Inflow Shocks into Credit Extension and Induce a Reallocation of Sectoral Credit Shares?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 24 What Role Do Non-performing Loans Play in Propagating the Excess Liquid Asset Holdings Shock Effects on Sectoral Credit Re-allocation?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 25 Is the Excess Capital Adequacy Ratio Beneficial in Neutralising Excessive Credit Growth and Inflationary Pressures? What Are the Implications for Monetary and Financial Policy?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 26 Do Non-Performing Loans Propagate the Transmission of Monetary Policy Tightening Shocks to Sectorial Credit?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 27 How Effective Is the Relaxation of the Countercyclical Capital Buffer at a Time When Other Residential Macro-prudential Tools Are Tight?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 28 Revisiting the Role of the Money Demand Function: Does the Shortfall in Money Demand Impact the Inflation Responses to the Exchange Rate Depreciation Shocks?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 29 Do the Shortfalls and Overhangs Derived from Money Demand in South Africa Augmented with Portfolio Balances Impact Inflation Dynamics?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 3 Do Capital Inflows Relieve Banks’ Credit Constraints and Boost Credit Growth? Evidence from Credit Conditions and Bank Credit Risk: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 30 Do the Exchange Rate Depreciation and Volatility Shocks Impact Money Demand in South Africa?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 31 Does Economic Policy Uncertainty Impact Real Money Demand in South Africa?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 32 Is a Single Sectorial Credit Growth Threshold Too Restrictive? Evidence from the Output and Inflation: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 33 Does the Threshold for Household Debt Growth Matter for GDP Growth and the Response of Monetary Policy to Inflation Shocks?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 34 How Does a Tight Monetary Policy Shock Affect the Household Sector Intermediation? Evidence from Households’ Flow-of-Funds Data: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 35 To What Extent Are the Public and Private Sector Financial Asset Flows Impacted by a Monetary Policy Tightening Shock?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 36 Conclusion: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 4 Credit Conditions and the Amplification of Macro-economic Responses to Unexpected Shocks: Implications for Monetary Policy: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 5 Output Growth and Inflation Responses to Single and Double Credit Growth Threshold Effects in South Africa: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 6 Do Contractionary Fiscal Policy Shocks Transmitted via GDP Growth Dampen Credit Growth?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 7 Do Synchronised Credit Growth and House Price Growth Booms Impact the Monetary Policy Reaction to Inflationary Pressures?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 8 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?: Nombulelo Gumata and Eliphas Ndou
Ch Chapter 9 To What Extent Do Capital Inflows Impact the Response of South African Economic Growth to Positive SA-US Interest Rate Differential Shocks?: Nombulelo Gumata and Eliphas Ndou

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprbok:978-3-030-66340-7

Ordering information: This item can be ordered from
http://www.springer.com/9783030663407

DOI: 10.1007/978-3-030-66340-7

Access Statistics for this book

More books in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().