plessis, Stan Du; Smit, Ben; Sturzenegger, Federico - In: South African Journal of Economics 75 (2007) 3, pp. 391-411
This paper uses a structural vector-autoregression approach to discuss the cyclicality of fiscal and monetary policy in South Africa since 1994. There is substantial South African literature on this topic, but much disagreement remains. Though not undisputed, there is growing consensus that...