Policy Briefs

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Monetary policy and inequality

Neryvia Pillay Bell

South Africa is one of the most unequal countries in the world and this high level of inequality has persisted over time. While research has demonstrated that fiscal policy is generally progressive and contributes to reductions in inequality, see for example Inchauste et al. (2015) and Maboshe and...

Jul 2020

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Can unconditional cash transfers improve adolescent and young adult education outcomes?

Neryvia Pillay Bell

The South African child support grant leads to increased enrolment and educational attainment during adolescence and young adulthood.

Jul 2020

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Assessing inflation targeting and its communication

Alberto Coco and Nicola Viegi

It is less onerous to achieve policy objectives when they are clear, credibly implemented and appropriately communicated, all of which reduces uncertainty

Nov 2019

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Relating public and private remuneration

Andreas Wörgötter and Sihle Nomdebevana

The study explores remuneration patterns in South Africa between 2000 and 2017, with a focus on the relationship between public- and private-sector earnings. Although remuneration is likely to increase over time in both sectors, this does not necessarily mean these increases are related to each other.

Nov 2019

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The effects of presentation formats in choice experiments

Genius Murwirapachena and Johane Dikgang

In most choice experiment studies in environmental economics, the attributes of non-traded environmental goods are communicated to respondents in the form of a table consisting of verbal descriptions. The table normally consists of attributes, their detailed descriptions, and levels. Thereafter,...

Nov 2019

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Capital Account Liberalization and Capital Flows to Sub-Saharan Africa: A Panel Threshold Approach

Tamara Esther Mughogho and Imhotep Paul Alagidede

Capital inflows to Sub-Saharan Africa have been increasing over the past couple of decades largely due to ever increasing globalization and an increase in world capital flows. Furthermore, SSA have been pursuing rapidly increasing capital account liberalization over the past couple of years.

Oct 2019

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Spatial dependence of per capita property tax income in South Africa

Kabeya Clement Mulamba and Fiona Tregenna

South African municipalities rely on income from property tax and other sources to provide a range of services to communities. Indeed, property tax is an important income source, in particular for municipalities in urban areas where the property market is well functioning and developed.

Oct 2019

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Farm diversification and climate change: implications for food security in northern Namibia

Chalmers Mulwa and Martine Visser

Background Risk is inherent in small-scale rain-fed agricultural production. Farmers have to contend with seasonal weather uncertainties, the threat of pests and diseases, post-harvest losses, among other risks. These risks are now being exacerbated by the effects of a changing climate, which is...

Oct 2019

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The relationship between renewable energy and retail electricity prices: Panel evidence from OECD countries

A. M Oosthuizen, R. Inglesi-Lotz and G. A Thopil

The centrality of electricity to everyday life is indisputable, and the price thereof can have significant implications. Previous literature is inconclusive over the effect of the renewable energy share in the energy mix on retail electricity price as country-specific regulatory policy has a...

Oct 2019

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The effect of price and non-price policies on cigarette consumption in South Africa

Ernest Ngeh Tingum, Alfred Kechia Mukong and Noreen Mdege

The health consequences of smoking are quite enormous and have been detailed on countless occasions. As a result of the elevated risk of smoking-related diseases, a smoker from early life can be expected to die about 6 years earlier than a comparable non-smoker.

Oct 2019

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