ERSA Working Paper Series

From Economic Research Southern Africa
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66: Inflation in South Africa: An Assessment of Alternative Inflation Models

Johannes W. Fedderke and Yang Liu

066: A Method for Theoretical Innovation in Economics

Arnold Wentzel

65: Can the restrictive harvest period policy conserve mopane worms in Southern Africa? A bio-economic modelling approach

Edwin Muchapondwa, Precious Zikhali and Wisdom Akpalu

64: Comovement and the Financialization of Commodities

Luca Taschini and Matteo Bonato

064: A Theoretically Defensible Measure of Risk: Using Financial Market Data from a Middle Income Context

Johannes W. Fedderke and Neryvia Pillay Bell

63: Global commodities and African stocks: insights for hedging and diversification strategies

Gideon Boako and Paul Alagidede

063: Economics, realism and reality: a comparison of Mäki and Lawson

Duncan Hodge

62: Sometimes you don’t make enough money to buy food: An analysis of South African street waste pickers income

Catherina J. Schenck, Kotie J. M. M. Viljoen and Phillip F. Blaauw

062: Learning About the Term Structure and Optimal Rules for Inflation Targeting

Eric Schaling, Mewael F. Tesfaselassie and Sylvester Eijffinger

61: Latecomer challenge: African Multinationals from the periphery

Grietjie Verhoef

061: Is there evidence of a wage penalty to female part-time employment in South Africa?

Colette Muller and Dorrit Posel

60: Recent Growth Performance in Sub-Saharan Africa (SSA): What should Policy Makers in these countries be concerned with?

Beatrice D. Simo-Kengne

060: Exchange Rates and Product Variety

Witness Simbanegavi

59: Financial Innovation and Money Demand in Sub-Saharan Africa

Elizabeth Kasekende and John Dunne

059: Labor supply responses to large social transfers: Longitudinal evidence from South Africa

Anne Case, Cally Ardington and Victoria Hosegood

58: Piketty’s Capital and Private Wealth in South Africa

Anna Orthofer

058: Half empty, half full and why we can agree to disagree forever

Alexander Zimper

57: Climate, Technological Change and Economic Growth

George Adu and Paul Alagidede

057: The male marital earnings premium in the context of bridewealth payments: Evidence from South Africa

Daniela Casale and Dorrit Posel

56: Festival Fringe Production and the Long Tail

Jen D. Snowball

55: Underemployment in South Africa

Derek Yu, Rochelle Beukes, Simba Murozvi and Tina Fransman

055: Robust Estimates of Okun’s Coefficient for South Africa

Jean-Pierre Geldenhuys and Marina Marinkov

54: Nowcasting Real GDP growth in South Africa

Alain Kabundi, Elmarie Nel and Franz Ruch

054: Competition and Productivity Growth in South Africa

Johannes W. Fedderke, Matias Braun and Philippe Aghion

53: Emerging multinational corporations: Theoretical and conceptual framework

André C. Jordaan and Mustafa Sakr

053: The Spatial Distribution of Manufacturing in South Africa 1970-1996, its Determinants and Policy Implications

Alexandra Wollnik and Johannes W. Fedderke

52: How does a change in the excise tax on beer impact beer retail prices in South Africa?

Caitlan Russell and Corné van Walbeek

052: Can local communities in Zimbabwe be trusted with wildlife management?: Evidence from contingent valuation of elephants

Edwin Muchapondwa, Fredrik Carlsson and Gunmar Köhlin

51: Border Tax Adjustments to Negate the Economic Impact of an Electricty Generation Tax

Jan H. van Heerden, Margaret Chitiga-Mabugu and Reyno Seymore

051: Forecasting the South African Economy: A DSGE-VAR Approach

Eric Schaling, Guangling Dave Liu and Rangan Gupta

50: Is Water Shedding Next?

James N. Blignaut and Jan H. van Heerden

050: Synchronization between South Africa and the U.S.: A Structural Dynamic Factor Analysis

Alain Kabundi

49: Indirect Taxation and Gender Equity: Evidence from South Africa

Daniela Casale

049: The Price of Risk on the JSE

Nick Samouilhan

48: College Major Choice, Spatial Inequality and Elite Formation: Evidence from South Africa

Biniam E. Bedasso

048: The Direct Productivity Impact of Infrastructure Investment: Dynamic Panel Data Evidence From Sub Saharan Africa

Ibrahim B. Kamara

47: Accounting for Productivity Growth: Schumpeterian versus Semi-Endogenous Explanations

Johannes W. Fedderke and Yang Liu

047: Security and Potential Level Preferences with Thresholds

Alexander Zimper and Ulrich Schmidt

46: How Does Human Capital Shape the Social Contract?

Biniam E. Bedasso

046: Dissecting post-apartheid labour market developments: Decomposing a discrete choice model while dealing with unobservables

Martin Wittenberg

45: Portfolio Flows in a two-country RBC model with financial intermediaries

Haakon Kavli and Nicola Viegi

045: An epistemic model of an agent who does not reflect on reasoning processes

Alexander Zimper

044: Currency Crises and Monetary Policy in an Economy with Credit Constraints: The Case for Low Interest Rates Restored

Shakill Hassan

43: Labour market and monetary policy in South Africa

Nicola Viegi and Vincent Dadam

043: Industry Structure and Labour Market Flexibility in the South African Manufacturing Sector: A Time Series and Panel Data Approach

Andrew J. Hill and Johannes W. Fedderke

42: Towards conserving the rhino: an economic analysis

Douglas J. Crookes and James N. Blignaut

042: The Relationship Between International Equity Market Behaviour and the JSE

Nick Samouilhan

41: A comparison of inflation expectations and inflation credibility in South Africa: results from survey data

Adél Bosch, Jannie Rossouw and Vishnu Padayachee

041: What Advertisers Want: A Hedonic Analysis of Advertising Rates in South African Consumer Magazines

Nicolas Pietersma

40: Loud and Clear: Can we hear when the SARB speaks?

Monique Reid and Stan Du Plessis