ERSA Working Paper Series

From Economic Research Southern Africa
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490: Optimal Monetary Policy with Learning by Doing

Chris Redl

489: Variance Bounds as Thresholds for ‘Excessive’ Currency Volatility: Inflation Targeting Emerging Economies

Shaista Amod and Shakill Hassan

488: A Network View on Interbank Market Freezes

Co-Pierre Georg and Silvia Gabrieli

487: A comparison of the values of water inflows into selected South African estuaries: the Heuningnes, Kleinmond, Klein, Palmiet, Cefane, Kwelera and Haga-Haga

Johane Dikgang and Stephen G. Hosking

486: The state of the Eastern Cape schools in a period almost the second decade of democracy

Thobeka Ncanywa

485: A Simple Method for Computing Equilibria when Asset Markets Are Incomplete

Wei Ma

484: The Impact of Announcing Future Punishment Opportunities in a Public Goods Game

Alex Child, Jamil Moorad, Martine Visser and Wisdom Akpalu

483: A Dream Deferred: the Microfoundations of Direct Political Action in Pre- and Post-democratization South Africa

Biniam E. Bedasso

482: Financial Structure and Economic Development in Africa

Kalu Ojah and Nyasha Mahonye

481: Construction and analysis of a composite quality of life index for a region of South Africa

Fiona Tregenna and Talita Dalton-Greyling

480: The characteristics of volunteers in South Africa

Ferdinand Niyimbanira and Waldo F. Krugell

479: Monetary Integration in SADC: Assessment of Policy Coordination and Real Effective Exchange Rate Stability

Francis M. Kemegue, Marthinus C. Breitenbach and Mulatu F. Zerihun

478: The Impact of the 2014 Platinum Mining Strike in South Africa: An Economy-Wide Analysis

Heinrich R. Bohlmann, Jan H. van Heerden, Maureen T. Rimmer and Peter B. Dixon

477: Father’s Employment and Sons’ Stature: The Long Running Effects of a Positive Regional Employment Shock in South Africa’s Mining Industry

Martine Mariotti

476: Counter-Cyclical Capital Buffers and Interest-Rate Policy as Complements – The Experience of South Africa

Roy Havemann

475: The Impact of Obesity on Employment in South Africa

Abieyuwa Ohonba, Modeste Some and Naiefa Rashied

474: The Relative (in)Efficiency of South African Municipalities in Providing Public Health Care

Josue Mbonigaba and Saidou B. Oumar

473: A Life-Cycle Model with Ambiguous Survival Beliefs

Alexander Ludwig, Alexander Zimper and Max Groneck

472: Financial Development and the Diffusion of Technologies under Uncertainty in Africa

Zivanemoyo Chinzara

471: Optimal Public Investment, Growth, and Consumption: Fresh Evidence from African Countries

Augustin Fosu, Thomas H. W. Ziesemer and Yoseph Y. Getachew

470: Investigating the Sensitivity of Household Food Security to Agriculture-related Shocks and the Implication of Informal Social Capital and Natural Resource Capital: The Case of Rural Households in Mpumalanga, South Africa

Byela Tibesigwa, Martine Visser and Wayne Twine

469: Exchange Rate Policy and Export Performance in Efficiency-Driven Economies

Adrian Saville, Douglas Mbululu and Nicola K. Rowbotham

468: Exploring Unbalanced Growth in South Africa: Understanding the Sectoral Structure of the South African Economy

Johannes W. Fedderke

467: Effects of reducing tariffs in the Democratic Republic of Congo (DRC): A CGE analysis

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

466: Art in Africa: Market Structure and Pricing Behavior in the South African Fine Art Auction Market, 2009 – 2013

Johannes W. Fedderke and Kaini Li

465: Diagnosing Deep Roots of Development: Genetic, Disease and Environmental Factors

James P. MacMurray, Johannes W. Fedderke, Robert E. Klitgaard and Valerio Napolioni

464: A Panel Ordered Response Model for Sovereign Credit ratings in Africa

Ilse Botha and Marinda Pretorius

463: The Fundamental Determinants of Competitiveness in African Countries

Julius A. Agbor and Olumide Taiwo

462: Water Taxation and the Double Dividend Hypothesis

Nicholas Kilimani

461: A Network Analysis of the Evolution of the German Interbank Market

Co-Pierre Georg, Stefano Battiston and Tarik Roukny

460: Climate change and economic growth in sub-Sahara Africa: A nonparametric evidence

George Adu and Paul Alagidede

459: The spatial persistence of population and wealth during apartheid: comparing the 1911 and 2011 censuses

Waldo F. Krugell

458: Political transition in a small open economy: Retracing the economic trail of South Africa’s long walk to democracy

Biniam E. Bedasso

457: Private Shareholding and Public Interest: An Analysis of an Eclectic Group of Central Banks

Jannie Rossouw

456: Effects of Social Norms on Multiple Partnerships: Evidence from Young Adults in the Metropolitan Communities of Cape Town, South Africa

Byela Tibesigwa and Martine Visser

455: ‘Know Your Epidemic’: The Effects of Expected Health and Contextual Health Uncertainty on Risky Sex

Byela Tibesigwa, Martine Visser and Mintewab Bezabih

454: Credit spread variability in U.S. business cycles: The Great Moderation versus the Great Recession

Guangling Dave Liu and Hylton Hollander

453: Assessing the Causal Impact of Tobacco Expenditure on Household Spending Patterns in Zambia

Grieve Chelwa

452: An economic model of the apartheid state

Anton D. Lowenberg

451: The African Middle Class in South Africa 1910-1994

Roger Southall

450: Contagious Synchronization and Endogenous Network Formation in Financial Networks

Christoph Aymanns and Co-Pierre Georg

449: A Note on the (continued) Ability of the Yield Curve to Forecast Economic Downturns in South Africa

Ferdi Botha and Gavin Keeton

448: Intergenerational earnings mobility and equality of opportunity in South Africa

Patrizio Piraino

447: Programmatic Procurement: A Political Economy Review of the Transnet Freight Rail Competitive Supplier Development Programme

Ayabonga Cawe

446: A Portrait of Informal Sector Credit and Interest Rates in Malawi: Interpolated Monthly Time Series

Harold P. E. Ngawala

445: Credit Procyclicality and Financial Regulation in South Africa

Eric Schaling, James Bernstein and Leroi Raputsoane

444: Democratisation in Africa: The Role of Self-Enforcing Constitutional Rules

Ada Jansen, Krige Siebrits and Sophia du Plessis

443: Financial Stress Indicator Variables and Monetary Policy in South Africa

Leroi Raputsoane

442: The Economic Approach to Fertility: A Causal Mediation Analysis

Gauthier Kashalala and Steven F. Koch

441: The Good African Society Index

Ferdi Botha