Macroeconomy and Employment

The Economy-Wide Effects of Price-Reducing Reforms in Infrastructure Services in South Africa

by DAVIES, R. & VAN SEVENTER, D.E.N., 2006
Research Report, Employment Growth & Development Initiative, Human Sciences Research Council

Prices of infrastructure services in South Africa may be higher than in other countries because of imperfect competition, non-tariff barriers to trade, or inefficiencies in production. A static computerised general equilibrium (CGE) model is used to analyse the economy-wide effects of reducing telecommunications and transport prices by reforming each of these three factors. This modelling…


Macro-Economic Impact of HIV and AIDS on the Zimababwean Economy: A Human Capital Approach

by MATSHE, I, 2008
Botswana Journal of Economics Volume 5. No.7, October, 2008

Zimbabwe is one of the countries severely affected by the HIV/AIDS epidemic. The high prevalence of the disease is not only a health problem but has become an economic problem, yet little effort had previously been directed at establishing the exact magnitude of HIV/AIDS’ economic impact. Using a human capital approach which measures the value…


Leading Indicators of Employment in South Africa

by DAVIES, R. and VAN SEVENTER, D., 2009
Research Report, Human Sciences Research Council, March 2005

Davies and van Seventer explore how an indicator might be constructed that can be used to predict employment. It assesses the various series that are used to construct the South African Reserve Bank’s leading, coincident and lagging indicators of the business cycle Business cycle analysts typically identify cycles in GDP and then examine series of…


The institutional underpinnings of the unemployment-inflation relationship: a review paper

by MICHIE, J., 2003
Research Report, Employment Growth & Development Initiative, Human Sciences Research Council

“Michie examines the institutional underpinnings in the relations between unemployment and inflation. This is a central question for policy makers in solving significant structural unemployment gaps: interventions to stimulate the economy can often lead to inflationary impacts unless the institutional environment enables the required response by firms to invest and ultimately generate more employment. He…