This paper analyses trends in hours worked from South African household survey data for the period 1997 — 2011. The purpose of the paper is fourfold. First, the paper provides an overview on the trends in hours worked of formal sector employees, by various demographic and work...

This paper applies a Markov switching model to the South African economy to provide an alternative classification of the business cycle. Principal components analysis (PCA) is applied to 114 of the 186 variables used in the dating of the business cycle by the South African Reserve Bank. PCA...

This paper reports a comparison of South African household inflation expectations and inflation credibility surveys undertaken in 2006 and 2008. The objective is to test for possible feed-through between inflating credibility and inflation expectations. It supplements similar earlier research...