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Fiscal Sustainability and the Fiscal Reaction Function for South Africa
Jooste, Charl - 2011
How does the South African government react to changes in its debt position? In investigating the question, this paper estimates fiscal reaction functions using various methods (OLS, VAR, TAR, GMM, State-Space modelling and VECM). The paper finds that since 1946 the South African government has...
Persistent link: https://www.econbiz.de/10014401110
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Short-And Long-Term Poverty and Social Policy in a ""Snakes and Ladders"" Model of Growth
Cuevas, Alfredo - 2001
these policies, especially in the short term. However, the failure to attack long-term poverty can reduce long-run growth …Throughout the world, the great popularity of programs to protect those who may fall into poverty stands in contrast … with the weakness of policies aimed at helping individuals who are already poor to overcome long-term poverty. In the paper …
Persistent link: https://www.econbiz.de/10014401452
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Fiscal sustainability and the fiscal reaction function for South Africa
Burger, Philippe; Stuart, Ian; Jooste, Charl; Cuevas, … - 2011
Persistent link: https://www.econbiz.de/10009486234
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Dynamic Gains From Trade : Evidence From South Africa
Subramanian, Arvind - 2000
trade and TFP growth both over time and across sectors …
Persistent link: https://www.econbiz.de/10014399824
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Monetary Policy and Relative Price Shocks in South Africa and Other Inflation Targeters
Cuevas, Alfredo - 2008
When faced with a relative price shock, monetary authorities often aim to contain its second round effects on inflation while accepting first round effects. We analyze the experience of South Africa and other inflation targeters to explore whether and when this policy prescription implies...
Persistent link: https://www.econbiz.de/10014401982
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What Does South Africa's Pattern of Trade Say About its Labor Markets?
Subramanian, Arvind - 2001
This paper examines the factor intensity of South Africa''s trade. The conclusion is that South Africa is revealed though its trade pattern to be capital abundant (relative to labor). Surprisingly, this result holds especially for South Africa''s trade with its high income partners, which should...
Persistent link: https://www.econbiz.de/10014403673