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Working Paper
The effect of real exchange rate volatility on income distribution in South AfricaThis study investigates the effect of real exchange rate volatility on the distribution of income between labour and capital in South Africa. Both symmetric and asymmetric effects are considered. Using quarterly data for 1985:1–2018:3 and local...
Journal Article
Political Competition and Tax Revenues in Developing CountriesPart of Journal Special Issue Fiscal Policy, State Building and Economic Development
Journal Article
Does the Political Resource Curse Affect Public Finance? The Vulnerability of Tax Revenue in Resource-Dependent CountriesPart of Journal Special Issue Fiscal Policy, State Building and Economic Development
Journal Article
Discerning trends in international metal prices in the presence of non-stationary volatilityIn this study, we develop an empirical framework that allows us to trace out a time path of metal prices. This framework shows that unpredictable shifts in demand, extraction costs and discovery of reserves, make estimation of the slope of this...
Working Paper
The impacts of public expenditure innovations on real exchange rate volatility in South AfricaThis study investigates the impacts of public expenditure innovations on exchange rate volatility in South Africa using quarterly data for the period 1970–2019. To achieve this objective, a version of the vector autoregressive impulse response model...
Book Chapter
Informalities, volatility, and precarious social mobility in urban slumsPart of Book Social Mobility in Developing Countries
Working Paper
Discerning trends in international metal prices in the presence of non-stationary volatilityModelling the underlying long-run trend of metal prices is important, given that selected metals are a source of income for many countries. However, estimating the underlying trend has proven to be difficult, given the persistence and volatility of...
Working Paper
Will urbanization raise social mobility in the South, replicating the economic history of the West?As developing countries rapidly urbanize, the number of people living in ‘slums’—neighbourhoods lacking property rights and basic services—continues to increase. Whether slum residents will ultimately share in the benefits of the cities they help...
Working Paper
Political competition and tax revenues in developing countriesBuilding on the literature of the political economy of taxation, this article explores the relationship between political competition and tax revenues using a sample of 89 developing countries from 1988 to 2010. Owing to the inertia of tax variables...
Research Brief
Does exchange rate volatility amplify existing inequalities in South Africa?Even though poverty and inequality have been of overriding concern in South Africa’s development policies and programmes since its democratization in 1994, measures of poverty, inequality, and related phenomena in the country do not show a clear...
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