ERSA Working Paper Series

From Economic Research Southern Africa
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040: Flexibility of choice versus reduction of ambiguity

Alexander Zimper and Ani Guerdjikova

39: Rising unemployment in post-apartheid South Africa: temporary or persistent?

Dieter von Fintel and Rulof P. Burger

039: Infrastructure and Growth in South Africa: Direct and Indirect Productivity Impacts of 19 Infrastructure Measures

Johannes W. Fedderke and Željko Bogetic

38: A Regional Perspective on Aid and FDI in Southern Africa

Henri Bezuidenhout

038: The South African Phillips Curve: How Applicable is the Gordon Model?

Marina Marinkov and Philippe Burger

37: Measuring the impact of educational interventions on the academic performance of academic development students in second-year microeconomics

Leonard C. Smith and Vimal Ranchhod

037: Antitrust Analysis for the Internet Upstream Market: a BGP Approach

Alessio D’Ignazio and Emanuele Giovannetti

36: Debt must be invested, not consumed

Co-Pierre Georg, Hylton Hollander and Michael E. Rose

036: Forecasting Investment Needs in South Africa’s Electricity and Telecom Sectors

Johannes W. Fedderke and Željko Bogetic

35: The importance of new power generation in South Africa

Heinrich R. Bohlmann, Jessika A. Bohlmann and Roula Inglesi-Lotz

035: Equilibrium Pricing When Only Some Goods Are Advertised

Witness Simbanegavi

34: Four Lessons from the Greek sovereign debt crisis

Co-Pierre Georg, Hylton Hollander and Michael E. Rose

034: An Alternative Approach to the Existence of Sunspot Equilibria

Haim Abraham

33: Financial Liberalisation and Economic Growth in the SADC

Clement Moyo and Pierre Le Roux

033: Informative Advertising: Competition or Cooperation?

Witness Simbanegavi

32: The role of banks in money creation

Nicholas Spearman

032: A fixed point characterization of the dominancesolvability of lattice games with strategic substitutes

Alexander Zimper

31: Trade and Industrial Policy for South Africa’s Future

Lawrence Edwards

031: The Determinants of Educational Attainment

Charles Simkins

30: Just How Sub-Optimal is Robert Mugabe? Optimizing Candidates Seeking Elected Office

Johannes W. Fedderke

030: Economic Growth, Entrepreneurship and the Business Environment in Africa

Mthuli Ncube

29: Discrete Closed-Form Solutions for Barrier Options

D. R.Taylor, K. Mitchell and S. M. Levitan

029: Does Human Generate Social and Institutional Capital? Exploring Evidence From Time Series Data in a Middle Income Country

Johannes W. Fedderke and John M. Luiz

28: Unemployment and labour force participation in South Africa: A focus on the supply-side

Farah Pirouz and Taryn Dinkelman

028: DEA Applied to a Gauteng Sample of South African Public Hospitals

Jacques K. Ngoie and Steven F. Koch

27: A Disaggregated Analysis of Product Price Integration in the Southern African Development Community

Asha Sundaram, Lawrence Edwards and Neil Balchin

027: Technology, Human Capital and Growth

Johannes W. Fedderke

26: How do we explain the persistently high rate of unemployment in South Africa? Exploring Preference Shifts in Capital and Labour Demand

Heinrich R. Bohlmann and Marthinus C. Breitenbach

026: An Analysis of Industry Concentration in South African Manufacturing, 1972-2001

Dietmar Naumann and Johannes W. Fedderke

25: An examination of the Impact of Economic Policy on long-run Economic Growth: An application of a VECM structure to a middle-income context

Martine Mariotti

025: Governance, Incentives and Elections as Determinants of Economic Performance, Aid and Investment Flows

Al Bhimani and Mthuli Ncube

24: An examination of the impact of financial deepening on long-run economic growth: An application of a VECM structure to a middle-income country context

Chandana Kularatne

024: The Aid and Maid System – South African Household Data Pitfalls

Steven F. Koch

23: Technology, Human Capital and Growth: evidence from a middle income country case study applying dynamic heterogeneous panel analysis

Johannes W. Fedderke

023: Industry Concentration in South African Manufacturing Industry: Trends and Consequences, 1972-96

Gabor Szalontai and Johannes W. Fedderke

22: The new partnership for African development: Africa’s response to its underdevelopment

John M. Luiz

022: Fractionalization and Long-Run Economic Growth: Webs and Direction of Association between the Economic and the Social – South Africa as a Time Series Case Study

Johannes W. Fedderke and John M. Luiz

21: The Weighted Fair Division Problem

Somdeb Lahiri

021: Evaluating the general equilibrium effects of a wage subsidy scheme for South Africa

Karl Pauw and Lawrence Edwards

20: Sustainable growth in South Africa

Johannes W. Fedderke

020: Financial Systems and Monetary Policy in Africa

Mthuli Ncube

19: Stokvels as an instrument and channel to extend credit to poor households in South Africa: An inquiry

Christie Schoeman and Polly Mashigo

019: Do Free Trade Agreements Create Trade for South Africa?

Landon McMillan and Merle Holden

18: Analysis of the plastic-bag Levy in South Africa

Anthony Leiman, Johane Dikgang and Martine Visser

018: Macroeconomic News ‘Surprises’ and the Rand/Dollar Exchange Rate

Johannes W. Fedderke and Philippe Flamand

17: Where you live matters: Urbanisation and labour markets outcomes

Marna Kearney and Roy Havemann

017: The Impact of Performance Intensive Policy Intervention: Aid Policy that is Performance Intensive

Johannes W. Fedderke and Robert E. Klitgaard

16: High unemployment yet few small firms: The role of centralized bargaining in South Africa

Jeremy R. Magruder

016: What is the Structure of South African Happiness Equations? Evidence from Quality of Life Surveys

Carola Gruen and Timothy Hinks

15: Health insurance or food for the family? An examination into unintended consequences

Olufunke Alaba and Steven F. Koch