This paper investigates whether teacher strikes affect student achievement at the primary school level in South Africa. A cross-subject analysis with student fixed effects is used to eliminate sources of endogeneity bias at the school and student level. Results indicate that teacher strike...

A recurrent theme of the academic literature and wider public discourse is that free trade is bad for health as it promotes economic inequality and insecurity, polluting the environment and making processed foods more widely available. Such views are also widely promulgated by international...

This paper studies the effectiveness of countercyclical capital requirements and contingent convertible capital (CoCos) in limiting financial instability, and its associated influence on the real economy. To do this, I augment both features into a standard real business cycle framework with an...

This paper sets out to date-stamp periods of historic oil price explosivity (or bubbles) using the Generalized sup ADF (GSADF) test procedure suggested by Phillips et al. (2013). The date-stamping strategy used in this paper is effective at identifying periodically collapsing bubbles; a feature...

Primary school mathematics teachers should, at the most basic level, have mastery of the content knowledge that they are required to teach. In this paper we test empirically whether this is the case by analyzing the South African SACMEQ 2007 mathematics teacher test data which tested 401 grade 6...

This paper analyses the economic viability of slavery in the Cape Colony of southern Africa. It has been extensively documented that the affluence of elites was built on the importation of slaves. However, the Dutch East India Company or Verengide Oost-indische Companje (VOC), which...

• Youth unemployment in South Africa is high, differs substantially by race group and is increasing. In 2012, close to two-thirds of young Africans were broadly unemployed. Over the four years prior to this the unemployment rate had increased by almost ten percentage points. • A wage subsidy...

Innovation is the transformation of a new idea or scientific discovery into technology through introducing, applying, and integrating it in common practice. The outcome is that people can progressively do more with the same effort, produce different outcomes with the same artefacts and produce...

As South African universities experience extremely low graduation rates, academic staff implement a range of interventions, such as tutorial programmes, in order to improve student performance. However, relatively little is known about the impact of such tutorial programmes on students’...

The pre-crisis monetary policy consensus has been challenged on a number of fronts. Even the nominal target, around which the modern consensus developed, has been called into question, with a vigorous recent debate ensuing about nominal income targeting as an alternative. This paper contributes...