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Erero, Jean Luc; Pambudi, Daniel Djauhari; Bonga, … - Economic Research Southern Africa (ERSA) - 2013

This paper analyses wage subsidies on lower-skilled formal workers in the Democratic Republic of Congo (DRC). A multi-sectoral empirically-calibrated general equilibrium model capturing the economy-wide transactions between the formal and informal sectors is used to analyse one policy simulation...

Persistent link: https://www.econbiz.de/10011133820

Characterizing Conflict Forms

Fedderke, Johannes; Kularatne, Chandana - Economic Research Southern Africa (ERSA) - 2008

This paper presents a model in which two groups in society are engaged in strategic interaction. Privileged members of society have the opportunity to allocate resources either to their own productive capacity, or to enhance the productive capacity of the disadvantaged. Redistribution to the...

Persistent link: https://www.econbiz.de/10008563270

Effects of Primary, Secondary and Tertiary Education on Conflict Intensity in Africa

Agbor, Julius A - Economic Research Southern Africa (ERSA) - 2013

tertiary schooling reduces conflict through both the urbanization and youth bulge channels. These results suggest that in order … to reduce conflict intensity in Africa, policy makers should facilitate the urbanization of a great number of African …, the findings also suggest that secondary schooling potentially intensifies conflict intensity through the democratization …

Persistent link: https://www.econbiz.de/10010659034

Rethinking equilibrium conditions in macromonetary theory: A conceptually rigorous approach

Eeghen, Piet-Hein Van - Economic Research Southern Africa (ERSA) - 2011

Although still very much a minority view, there is a growing sense of unease about the high degree of abstraction involved in contemporary macro-monetary theory, in particular concerning its representative-agent microfoundation (see e.g. Colander et al., 2008; Goodhart, 2005, 2008; Buiter, 2009; Caballero,...

Persistent link: https://www.econbiz.de/10009371420

Effects of Reducing Tariffs in The Democratic Republic of Congo(DRC): A CGE Analysis

Bonga-Bonga, Lumengo; Erero, Jean Luc; Pambudi, Daniel … - Economic Research Southern Africa (ERSA) - 2014

In this paper, the effects of reducing tariffs are analysed through a Computable General Equilibrium (CGE) model of the DRC. The specific DRC Formal-Informal Model (DRCFIM) is a multi-sectoral computable general equilibrium model that captures the observed structure of the DRCâ€™s formal...

Persistent link: https://www.econbiz.de/10011133860

Tax evasion and financial repression: A reconsideration using endogenous growth models

Gupta, Rangan; Ziramba, Emmanuel - Economic Research Southern Africa (ERSA) - 2008

Using two dynamic monetary general equilibrium models characterized by endogenous growth, financial repression and endogenously determined tax evasion, we analyze whether financial repression can be explained by tax evasion. When calibrated to four Southern European economies, we show that...

Persistent link: https://www.econbiz.de/10008563316

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

Bedasso, Biniam - Economic Research Southern Africa (ERSA) - 2014

Persistent protests might endanger the stability of young democracies because the economic legacies of the old autocratic regimes tend to outlive their political structures. This paper seeks to explore the micro-level predictors of protest potential in South Africa before and after the end of...

Persistent link: https://www.econbiz.de/10011133823

Political transition in a small open economy: Retracing the economic trail of South Africaâ€™s long walk to democracy

Bedasso, Biniam E. - Economic Research Southern Africa (ERSA) - 2014

This paper seeks to offer an economic explanation for the emergence of democracy in societies with high income inequality and narrow middle-class such as Apartheid South Africa. The presence of a credible threat of capital flight is shown to render democracy less unpleasant to the elites by...

Persistent link: https://www.econbiz.de/10011133844

Is Democracy Eluding Sub-Saharan Africa?

Chisadza, Carolyn; Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2014

advocated by international organisations, while regional organisations play no significant role in the region. We also obtain … significant results for democracy when we proxy for international organisations with an IMF programme variable. …

Persistent link: https://www.econbiz.de/10010885332

Yet Another Look at the Modernisation Hypothesis: Evidence from South America

Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2013

We investigate in this paper whether the exogenous version of the modernisation hypothesis holds in South America, or whether democracy needs development for its own consolidation. We use a sample of all nine countries that re-democratised in the last thirty years or so and the data sets cover...

Persistent link: https://www.econbiz.de/10010640958