ERSA Working Paper Series

From Economic Research Southern Africa
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390: Biased Bayesian Learning with an Application to the Risk-Free Rate Puzzle

Alexander Ludwig and Alexander Zimper

389: Does Massive Funding Support of Researchers Work?: Evaluating the Impact of the South African Research Chair Funding Initiative

Johannes W. Fedderke and M. Velez

388: Determinants of Student Satisfaction with Campus Residence Life at a South African University

Ferdi Botha, Jen D. Snowball, Sarah Radloff and Vivian de Klerk

387: Evolution of Monetary Policy Transmission Mechanism in Malawi: A TVP-VAR with Stochastic Volatility Approach

Chance Mwabutwa, Manoel Bittencourt and Nicola Viegi

386: The impact of statistical learning on violations of the sure-thing principle

Alexander Zimper, Aylit T. Romm and Nicky Nicholls

385: Slave Prices and Productivity in the 18th Century at the Cape of Good Hope: The Winners and Losers from the Trade

Ada Jansen, Dieter von Fintel and Sophia du Plessis

384: The Economic Evaluation of Dryland Ecosystem Services in the South African Kgalagadi Area and Implications for PES Involving the Khomani San

Edwin Muchapondwa and Johane Dikgang

383: The Economic Evaluation of Dryland Ecosystem Services in the South African Kgalagadi by the Local Communities

Edwin Muchapondwa and Johane Dikgang

382: Social Capital and Human Capital in the Colonies: A Study of Cocoa Farmers in Western Nigeria

Nonso Obikili

381: A Sticky Information Phillips Curve for South Africa

Gideon Du Rand and Monique Reid

380: Does Education Promote Stable Property Rights?

Biniam E. Bedasso

379: Nonparametric estimation of a hedonic price model: A South African case study

Deborah E. Lee, Mario du Preez and Michael C. Sale

378: The Impact of the Slave Trade on Literacy in Africa: Evidence from the Colonial Era

Nonso Obikili

377: Sources of Subsectoral Growth in South Africa

Fiona Tregenna

376: Promotion and Relegation between Country Risk Classes as Maintained by Country Risk Rating Agencies

Johannes W. Fedderke

375: Important Channels of Transmission Monetary Policy Shock in South Africa

Alain Kabundi, Eliphas Ndou and Nombulelo Gumata

374: Anatomy of the Southern African Customs Union: Structure and Revenue Volatility

Harold P. E. Ngawala

373: Health Care Facility Choice and User Fee Abolition: Regression Discontinuity in a Multinomial Choice Setting

Jeffrey S. Racine and Steven F. Koch

372: Wage subsidy in the DRC: A CGE analysis

Daniel D. Pambudi, Jean L. Erero and Lumengo Bonga-Bonga

371: The quantitative Cape: Notes from a new Histriography of the Dutch Cape Colony

Johan Fourie

370: Dependence on Environmental Resources and Implications for Household Welfare: Evidence from the Kalahari Drylands, South Africa

Edwin Muchapondwa and Gladman Thondhlana

369: Modeling the Cost-effectiveness of HIV/AIDS Interventions in Different Socio-economic Contexts in South Africa (2007-2020)

Josue Mbonigaba

368: Conservation Fees in the Kgalagadi Transfrontier Park between Botswana and South Africa in the Presence of Land Restitution

Edwin Muchapondwa and Johane Dikgang

367: Southern African Customs Union Revenue, Public Expenditures and HIV/AIDS in BLNS Countries

Harold P. E. Ngawala

366: Managing Some Motorised Recreational Boating Challenges in South African Estuaries: A Case Study at the Kromme River Estuary

Deborah E. Lee, Mario du Preez and Stephen G. Hosking

365: Water Resource Accounts for Uganda: Use and Policy Relevancy

Nicholas Kilimani

364: Monetary Policy and Balance Sheets

Alain Kabundi, Deniz Igan, Francisco N. de Simone and Natalia Tamirisa

362: Transmission of China’s Shocks to the BRIS Countries

Alain Kabundi and Mustafa Y. Çakir

361: Economic Growth and Inequality: Evidence from the Young Democracies of South America

Manoel Bittencourt

359: Copius Structural Shifts in Exchange Rates of the South African Rand (Post-1994): Do They Matter (for Unit Root Testing)? What are the Most Likely Triggers?

Cyril May

358: Speculative Trade Equilibria with Incorrect Price Anticipations

Alexander Zimper

357: Pricing of National Park Visits in Kenya: The Case of Lake Nakuru National Park

Anthony Wambugu, Daniel Abala, Edwin Muchapondwa and Peter Chacha

356: CO2 Emissions, Energy Consumption, Income and Foreign Trade: A South African Perspective

Marcel Kohler

355: The Export-Output Relationship in South Africa: An Empirical Investigation

Paul Cipamba Wa Cipamba

354: Bank Deposit Contracts Versus Financial Market Participation in Emerging Economies

Alexander Zimper

353: Valuing User Preferences for Improvements in Public Nature Trails Around the Sundays River Estuary, Eastern Cape, South Africa

Deborah E. Lee, Mario du Preez and Stephen G. Hosking

352: The Effect of Land Restitution on Poverty Reduction Among the Khomani San “Bushmen” in South Africa

Edwin Muchapondwa and Johane Dikgang

351: Analysing the Effects of Fiscal Policy Shocks in the South African Economy

Charl Jooste, Guangling Dave Liu and Ruthira Naraidoo

350: Monetary Policy Response to Foreign Aid in an Estimated DSGE Model of Malawi

Chance Mwabutwa, Manoel Bittencourt and Nicola Viegi

349: Life satisfaction and education in South Africa: Investigating the role of attainment and the likelihood of education as a positional good

Ferdi Botha

348: International Trade and Labour Demand Elasticities: Is there Any Empirical Evidence from South Africa?

Abdulkader C. Mahomedy

347: Effects of Primary, Secondary and Tertiary Education on Conflict Intensity in Africa

Julius A. Agbor

346: Debt Relief under the HIPC Initiative: Why Some Countries Complete the Programme Faster Than Others

William Akoto

345: Concentration Measures as an element in testing the structure-conduct-performance paradigm

Johann du Pisanie

344: Short Run Underpricing of Initial Public Offering (IPOs) in the Johannesburg Stock Exchange (JSE)

Gillian van Heerden and Paul Alagidede

343: A Cost-Benefit Analysis of Concentrator Photovoltaic Technology Use in South Africa: A Case Study

Eugene E. Van Dyk, Justin Beukes and Mario du Preez

342: Yet Another Look at the Modernisation Hypothesis: Evidence from South America

Manoel Bittencourt

341: Determinants of Government and External Debt: Evidence from the Young Democracies of South America

Manoel Bittencourt

340: Institutional Quality and Debt Relief: A Political Economy Approach

William Akoto

339: Improving navigability on the Kromme river Estuary: A choice experiment application

Deborah E. Lee, Mario du Preez and Stephen G. Hosking