Research

This paper aims to decompose the sources of growth in economies in the Southern African region’s Common Monetary Area and in the provinces of South Africa.

Despite recent progress, energy poverty remains pervasive in Sub-Saharan Africa (SSA). This challenge is generally more severe in rural areas. However, rapid urbanization adds a significant challenge to often under-capacitated urban local authorities that struggle...

This study considers how household composition influences the leisure time of men and women in South Africa, using the South African 2010 Time Use Survey. Studying leisure time is important since the allocation of time...

South Africa is among the most unequal countries in the world in terms of income with a Gini of 0.65, and land with a Gini of 0.64. Inequality decreased in all provinces except for Limpopo...

Climate change poses a serious threat to many countries, particularly to developing countries, which often have large sections of the population without resources to adapt to changes in their environment. One of the key ways...

Foreign direct investment is recognized as a significant driver of economic development and growth in many economies. It can have a positive effect on a host country’s development and growth efforts. This study seeks to...

This paper analyses how exchange rate volatility affects domestic consumption. It uses a Bayesian vector autoregression model to measure impulse response, based on South African data from 1990 to 2016, which helps to detect how...

This study simulates the macro-micro economic impacts of the employment policy, focusing on hysteresis in youth unemployment in South Africa. Specifically, we apply a dynamic computable general equilibrium model to calibrate the 2015 South African...

This paper estimates the output cost of fighting inflation—the sacrifice ratio—for the South African economy using quarterly data spanning the period 1998Q1–2019Q3. To compute the sacrifice ratio, the structural vector autoregressive model developed by Cecchetti...

This paper aims to analyse the influence of spillovers into South Africa’s economy from shifts in United States of America’s (US) monetary policy. Often changing, the US interest rate is regarded as an important driving...

Low-resource public schools in South Africa suffer from a lack of (i) access to home-language reading materials and (ii) teacher capacity on how to teach early-grade reading in African languages. In this context, the Funda...

We investigate the relevance of beta (β, absolute and conditional) and sigma (σ) convergence in the economies of the Common Monetary Area of Southern Africa and in the provinces of the Republic of South Africa...