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Strengthening the Macroeconomic Policy Framework in South Africa

Lysenko, Tatiana; Barnard, Geoff - Economics Department, Organisation de Coopération et … - 2011

South Africa’s macroeconomic framework has served the economy well, but should be strengthened to make the economy more resilient to external shocks. Enhancing the credibility of the inflation target would provide the monetary authorities with more space for flexibility in the face of...

Persistent link: https://www.econbiz.de/10008854030

Policy Determinants of School Outcomes Under Model Uncertainty: Evidence from South Africa

Laurent, Thomas; Murtin, Fabrice; Barnard, Geoff; … - Economics Department, Organisation de Coopération et … - 2013

In this paper we assess the determinants of secondary school outcomes in South Africa. We use Bayesian Averaging Model techniques to account for uncertainty in the set of underlying factors that are chosen among a very large pool of explanatory variables in order to minimize the risk of omitted...

Persistent link: https://www.econbiz.de/10011276896

Educational Attainment and Labour Market Outcomes in South Africa, 1994-2010

Branson, Nicola; Leibbrandt, Murray - Economics Department, Organisation de Coopération et … - 2013

In this paper we document the impact of education levels on labour market outcomes from 1994 to 2010 using national household survey data. We show that higher levels of education are strongly rewarded in the labour market in terms of earnings and that a tertiary qualification improves an...

Persistent link: https://www.econbiz.de/10011276936

Education Quality and Labour Market Outcomes in South Africa

Branson, Nicola; Leibbrandt, Murray - Economics Department, Organisation de Coopération et … - 2013

In this paper we include measures of school quality in regressions determining the labour market premiums to education level. We use the matric exemption score and the pupil/teacher ratio of the respondents’ closest school during childhood as proxies for education quality. We find that the...

Persistent link: https://www.econbiz.de/10011276937

The Impact of Monetary and Commodity Fundamentals, Macro News and Central Bank Communication on the Exchange Rate: Evidence from South Africa

Égert, Balázs - Economics Department, Organisation de Coopération et … - 2009

This paper studies drivers of high-frequency (daily) dynamics of the South African rand vis-à-vis the dollar from January 2001 to July 2007. We find strong nonlinear effects of commodity prices, perceived country and emerging market risk premium and changes in the dollar-euro exchange rate on...

Persistent link: https://www.econbiz.de/10005046067

Realising South Africa's Employment Potential

Barnard, Geoff - Economics Department, Organisation de Coopération et … - 2009

Unemployment in South Africa is extremely high and unevenly distributed, being concentrated among young less-skilled blacks. The legacies of apartheid can explain part of the increase in labour supply and inability of the economy to absorb it which produced the extreme levels of unemployment,...

Persistent link: https://www.econbiz.de/10005046163

Estonia: Making the Most of Globalisation

Price, Robert W.R.; Wörgötter, Andreas - Economics Department, Organisation de Coopération et … - 2011

Estonia has already experienced many benefits of increasing international integration, most obviously in significant convergence. From the Russian crisis in 1998 to the great recession in 2009 Estonia gained an impressive 20% in GDP per capita relative to the EU27 average in PPPs. Like the other...

Persistent link: https://www.econbiz.de/10009146865

Russia: Progress in Structural Reform and Framework Conditions

Vaziakova, Yana; Barnard, Geoff; Lysenko, Tatiana - Economics Department, Organisation de Coopération et … - 2011

In the 16 years since the OECD began conducting Economic Surveys of the Russian Federation, a great many policy recommendations relating to structural reform and framework conditions have been made. This paper, expanding on Annex 1.A1 in the 2011 OECD Economic Survey of the Russian Federation,...

Persistent link: https://www.econbiz.de/10009394360

Knowledge-Based Capital, Innovation and Resource Allocation: A Going for Growth Report

Andrews, Dan; Criscuolo, Chiara - Economics Department, Organisation de Coopération et … - 2013

, innovative property and economic competencies – has been rising significantly. This has implications for innovation and … role for innovation policies to raise private investment in KBC towards socially optimal levels. Indeed, R&D tax incentives … between the incentives to innovate and the broad diffusion of knowledge.<P>Actifs intellectuels, innovation et mobilité des …

Persistent link: https://www.econbiz.de/10011276729

Unleashing Business Innovation in Canada

Bibbee, Alexandra - Economics Department, Organisation de Coopération et … - 2012

This paper discusses how to improve Canada’s business innovation in order to boost labour productivity and output … growth. Many general framework conditions are highly favourable to business risk-taking and innovation, including macro … should be on boosting manager and worker skills that are intrinsic to all forms of innovation, by filling gaps in training …

Persistent link: https://www.econbiz.de/10011276823