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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

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

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

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