This book focuses on the implications of the South African labour market dynamics including labour market reforms and fiscal policy for monetary policy and fina

This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth a

The recent recession has brought fiscal policy back to the forefront, with economists and policy makers struggling to reach a consensus on highly political issu

Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economi

United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous sho