SA-TIED programme looks at ways to support policy-making for inclusive growth and economic transformation in the southern Africa region, through original research conceived and produced in collaboration between United Nations University World Institute for Development Economics Research (UNU-WIDER), National Treasury, International Food Policy Research Institute (IFPRI), and many other governmental and research organizations in South Africa and its sub-region. A key aspect of the programme is to encourage networking and discussion amongst people involved in policy processes across the participating organizations and civil society aiming to bridge the gap between research and policy-making.
Working Paper
Government size and risk premiumGiven the rise in the government debt level in recent times, this paper aims to examine the effect of an increase in government size on risk premium and its transmission in the economy. We jointly identify the term spread shock (originating at the...