Nombulelo Gumata

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Working Paper 161 - The Impact of Euro Area Monetary and Bond Yield Shocks on the South African Economy: Structural Vector Autoregression Model Evidence

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2012 .

The and the Transmission of Shocks to the Agricultural Sector

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

The Impact of Financial Regulations and Macroprudential on the Funding of the Agricultural Sector Growth

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

The Interaction Between the Financial Sector Regulatory Framework,

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Heightened Foreign Economic Policy Uncertainty Shock Effects on the South African Economy: Transmission via Capital Flows, Credit Conditions and Business Confidence Channels

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Exchange Rate Volatility Shock Effects on Inflation Volatility

Eliphas Ndou, Nombulelo Gumata, 2017 .

Heightened Foreign Economic Policy Uncertainty Shocks on the South African Economy: The Role of Credit Conditions and the Capital Flows Channels

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Credit Loss Provisions as a Macro-prudential Tool

Eliphas Ndou, Nombulelo Gumata, 2017 .

The Banking Risk-Taking Channel of Monetary Policy in South Africa

Eliphas Ndou, Nombulelo Gumata, 2017 .

Does the Threshold for Household Debt Growth Matter for GDP Growth and the Response of Monetary Policy to Inflation Shocks?

Eliphas Ndou, Nombulelo Gumata, 2021 .

Does the Rand Per US Dollar Exchange Rate Volatility Impact on Net Asset Purchases by Non-residents?

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Does Monetary Policy Credibility Affect Market-Based Inflation Expectations?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Monetary Policy Credibility and the Exchange Rate Pass-Through to Inflation

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

What Is the Impact of Heightened Economic Policy Uncertainty and Adverse Financial Conditions on the Manufacturing Sector?

Eliphas Ndou, Nombulelo Gumata, 2020 .

The Role of Policy Uncertainty, Low Confidence and the Mining Charter in the Transmission of Positive Shocks to Commodity Prices in the Mining Sector

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Global Growth and Economic Policy Uncertainty Shock Effects on the South African Economy: Do These Reinforce Each Other?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Is a Source of Shocks or an Amplifier of Responses? What Are the Policy Implications for South Africa?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Domestic Macroeconomic Uncertainty: What Are the Financial Stability Effects?

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Financial Regulation Policy Uncertainty, Lending Rate Margins and Credit Growth

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

UK Economic Policy Uncertainty Shock and the South African Economy: Inferences from the Exchange Rate, Exports and Inflation Channels

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

The Economic Policy Uncertainty Channel and Employment Dynamics

Eliphas Ndou, Nombulelo Gumata, 2017 .

Financial Regulation Policy Uncertainty and the Sluggish Recovery in Credit Growth

Eliphas Ndou, Nombulelo Gumata, 2017 .

What Is the Impact of Shocks to Imports by Stage of Production on the Manufacturing Sector Output and Employment Growth?

Eliphas Ndou, Nombulelo Gumata, 2020 .

What Is the Nature of the Output-Employment-Unemployment Nexus in South Africa? Evidence from Various Approaches to

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Does the Consideration of Nominal Wage Growth Imply a High Level of Compared to Consumer Price Inflation?

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

What Is the Impact of Chinese Import Penetration on the South African Manufacturing Sector?

Eliphas Ndou, Nombulelo Gumata, 2020, The Secular Decline of the South African Manufacturing Sector.

What Is the Role of and Food Commodity Price Booms in the Agricultural Sector? Implications for the Export-Led Growth Strategy

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Introduction

Eliphas Ndou, Nombulelo Gumata, 2020, The Secular Decline of the South African Manufacturing Sector.

The Rationale for Focusing on the Manufacturing Sector as an Important Driver of Growth, Missing Links and Existing Policy Gaps?

Eliphas Ndou, Nombulelo Gumata, 2020 .

How Does Activity in Manufacturing Sector Respond to Trade and Exchange Rate Shocks? Evidence from Trade-Openness and Import Penetration Thresholds

Eliphas Ndou, Nombulelo Gumata, 2020 .

Does an Increase in Trade-Openness and Import-Penetration Affect Income Inequality? Evidence from the Manufacturing Sector Output Growth and Employment Growth

Eliphas Ndou, Nombulelo Gumata, 2020 .

Does the Persistent Widening in the Trade Deficit Explain the Decline in the Manufacturing Sector Output and Employment Growth?

Eliphas Ndou, Nombulelo Gumata, 2020 .

The Output Gap, Exchange Rate Depreciation Shock and Inflation: Non-Linear Effects and Implications for Monetary Policy

Eliphas Ndou, Nombulelo Gumata, 2017 .

Is a Single Sectorial Credit Growth Threshold Too Restrictive? Evidence from the Output and Inflation

Eliphas Ndou, Nombulelo Gumata, 2021 .

Are Consistent With a Dual Mandate of Low Inflation and Maximum Employment Growth and a Low Unemployment ?

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Do Credit Regimes Play a Role in the Pass-Through of the Exchange Rate Depreciation Shocks to Inflation?

Eliphas Ndou, Nombulelo Gumata, 2017 .

GDP Growth Threshold and Non-linear Effects of Repo Rate Shocks

Eliphas Ndou, Nombulelo Gumata, 2017 .

The Output Gap–Inflation Trade-off and the

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

The Lending-Deposit Rate Spread and the Bank Pricing Behavior

Eliphas Ndou, Nombulelo Gumata, 2017 .

Inflation Regimes and the Transmission of Positive Nominal Demand Shocks to the Price Level

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Is There Evidence of Asymmetries in the Adjustment of the Lending Rate Responses to Repo Rate Changes?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Does the Flexible Mortgage Rate Exhibit Asymmetric Response to Changes in the Repo Rate? Are the Effects Consistent with Upward or Downward Rigidity?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Does Government Spending Transmit Inflation to GDP Growth

Eliphas Ndou, Nombulelo Gumata, 2017 .

The Impact of Six Per cent Inflation on M3 and Credit on GDP

Eliphas Ndou, Nombulelo Gumata, 2017 .

A Review of the Central Bank Balance Sheet Tools That Can Be Deployed to Assist in the Achievement of Price, Financial and Macro-economic Stability

Eliphas Ndou, Nombulelo Gumata, 2021 .

Do Synchronised Credit Growth and House Price Growth Booms Impact the Monetary Policy Reaction to Inflationary Pressures?

Eliphas Ndou, Nombulelo Gumata, 2021 .

Do Synchronised Boom and Non-boom Episodes in Credit Growth, Commodity and Equity Prices Impact the Response of the Repo Rate to Positive Inflation Shocks?

Eliphas Ndou, Nombulelo Gumata, 2021 .

Is the Impact of High Monetary Policy Credibility on Consumer Price Inflation and the ERPT Reinforced by Fiscal Policy Credibility?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Is There a Case for Nominal GDP Growth Targeting in South Africa and Abandoning Inflation ?

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Business Confidence Shocks and the Relevance of Exchange Rate Volatility and Economic Policy Uncertainty Channels

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Adverse Credit Supply Shocks and Weak Economic Growth

Eliphas Ndou, Nombulelo Gumata, 2017 .

What Role Does Business Confidence Play in Transmitting Sovereign Debt Credit Ratings Upgrades and Downgrades Shocks into the Real Economy?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

The Impact of Mining Commodity Price Booms and Sharp Exchange Rate Depreciation Episodes on Mining Output and Employment Growth

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Are Sovereign Debt Credit Ratings Shocks Transmitted Via Economic Growth to Impact Credit Growth?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Is There Evidence of Rigidity in the Corporate Lending Rate Adjustment Following Repo Rate Changes?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Is the Agricultural Sector Sensitive to the Exchange Rate Depreciation and Volatility Shocks: Evidence from the Balance Sheet Channel

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

The Transmission of Shocks to Farmland Prices, Interest Rates and the

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Weak Labour Productivity, Tight Credit Conditions and Monetary Policy

Eliphas Ndou, Nombulelo Gumata, 2017 .

The Interaction Between Credit Conditions, Monetary Policy and Economic Activity

Eliphas Ndou, Nombulelo Gumata, 2017 .

Fiscal Policy Shocks and the Current Account

Eliphas Ndou, Nombulelo Gumata, 2017 .

Revisiting the Role of the Money Demand Function: Does the Shortfall in Money Demand Impact the Inflation Responses to the Exchange Rate Depreciation Shocks?

Eliphas Ndou, Nombulelo Gumata, 2021 .

In Which Direction Is There a Momentum Effect in the Changes in the Spread Between the Repo Rate and Federal Funds Rate?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

An Evaluation of How the Inflation Targeting Framework Has Performed in South Africa

Eliphas Ndou, Nombulelo Gumata, 2019 .

An Empirical Investigation of the Taylor Curve in South Africa

Mthuli Ncube, Eric Olson, Eliphas Ndou, 2013 .

Labour Market Reforms, Unit Labour Costs Shocks and Inflation Persistence

Eliphas Ndou, Nombulelo Gumata, 2017 .

What Is the Role of Food Commodity Price Booms and Busts in the Agricultural Sector? Implications for Monetary Policy

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Capital Flow Surges, Sudden Stops and Elevated Portfolio Inflow Volatility Shocks: What is the Nature of Their Interaction with GDP Growth and Credit?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

The Impact of Capital Flows on Credit Extension: The Counterfactual Approach

Eliphas Ndou, Nombulelo Gumata, 2017 .

Is the Interest Rate Corridor an Effective Instrument to Dampen the Accumulation of Excess Reserves and the Inter-bank Rate Volatility?

Eliphas Ndou, Nombulelo Gumata, 2021 .

Output Growth and Inflation Responses to Single and Double Credit Growth Threshold Effects in South Africa

Eliphas Ndou, Nombulelo Gumata, 2021 .

Policy Implications of ERPT and Ongoing Debates

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

The Inverse Transmission of Positive Global Liquidity Shocks into the South African Economy

Eliphas Ndou, Nombulelo Gumata, 2017 .

Trade-Openness, Consumer Price Inflation and Exchange Rate Depreciation Shocks

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Does Trade Openness or Globalisation Matter for the Response of Inflation to Exchange Rate Depreciation Shocks?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Global Economic Uncertainties and Exchange Rate Shocks

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

The Interaction between the Minimum Wage, Social Income Grants, Household Consumption and the

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Social Income Grants, Population Dynamics and

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Land Redistributed between 1994 and 2017, and the Evolution of Area Planted in Various Agricultural Sector Commodities

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

The Impact of Structural Change on the South African Economy: Evidence from the

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

The Impact of on the South African Economy: Evidence from the Structural Change Indices

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

What Is the Impact of a Binding Minimum Wage on the Agricultural Sector?

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Rand Depreciation and Investment Dynamics: The Role of Imported Intermediate Inputs

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

The Role of the Exchange Rate on Investment Growth in the Mining Sector: Evidence from the Balance Sheet Hypothesis

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

A Financial Conditions Index for South Africa

Nir Klein, Eliphas Ndou, Nombulelo Gumata, 2012, SSRN Electronic Journal.

What Are the Effects of the Minimum Wage and Productivity Growth on the Manufacturing Sector Output and Employment Growth?

Eliphas Ndou, Nombulelo Gumata, 2020 .

What Are the Mechanisms and Channels Through Which the Mining Sector Adjusted to an Increase in the in 2014?

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Monetary Policy and Exchange Rate Volatilities : Implications for Output Dynamics

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Sovereign Spreads and Non-linear Responses of Inflation to the R/US$ Exchange Rate Depreciation Shocks

Eliphas Ndou, Nombulelo Gumata, 2017 .

Inflation Dynamics in South Africa

Eliphas Ndou, Nombulelo Gumata, 2017 .

Important Channels of Transmission Monetary Policy Shock in South Africa

A. Kabundi, Eliphas Ndou, Nombulelo Gumata, 2013 .

Does the Size of Second-Round Effects on Growth in Total Remuneration Per Worker Due to Exchange Rate Depreciation Shock Vary According to Inflation Regimes?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Does Monetary Policy Credibility Play a Role in the Transmission of Oil Price Shocks to Inflation Expectations?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Does Monetary Policy Credibility Impact the Responses of Unit Labour Costs to Exchange Rate Depreciation Shocks?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Does the Exchange Rate Volatility Matter for the Reaction of Consumer Price Inflation to Exchange Rate Depreciation Shock?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

How Big Are the Second Round Effects of the Exchange Rate Depreciation Transmitted via Consumer Price Inflation to Average Wage Settlements?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Do Inflation Regimes Influence the Size of Second-Round Effects on Private Sector Wage Inflation Following an Exchange Rate Depreciation Shock?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Does Weak Business Confidence Impact the Pass-Through of the Exchange Rate Depreciation Shocks to Inflation?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

The Impact of the Minimum Wage on Capital-Labour Ratio Dynamics

Eliphas Ndou, Nombulelo Gumata, 2017 .

The Labour Market Conditions Channel in the Transmission of Positive Inflation and Inflation Expectation Shocks to the Repo Rate Reaction

Eliphas Ndou, Nombulelo Gumata, 2017 .

Does the Inflation Threshold Lead to Asymmetric Effects of the Rand Per US Dollar Exchange Rate Changes on Inflation

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Real Exchange Rate Depreciation Shock and Real Investment Growth: The Balance Sheet Channel

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Inflation Expectations, Adverse Aggregate Supply Shock and Long-Term Inflation Expectations

Eliphas Ndou, Nombulelo Gumata, 2017 .

Wage Increases in Excess of 6 Per cent, Inflationary Dynamics and Expectations

Eliphas Ndou, Nombulelo Gumata, 2017 .

Exchange Rate, Second Round Effects and Inflation Processes

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019 .

The Output-gap, Nominal Wage and Consumer Price Inflation Volatility Trade-off

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Is Macroeconomic Uncertainty a Source of Subdued and Volatile Economic Recovery

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Do Local Investors Play a Stabilising Role Relative to Foreign Investors After Economic Shocks?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

What Is the Impact of Large-Scale Asset Purchases and Private Banks’ Balance Sheets?

Eliphas Ndou, Nombulelo Gumata, 2021 .

What Was the Role of Demand Shocks, Supply Shocks, Productivity Shocks and Monetary Policy Shocks on the Manufacturing Sector during 2005Q1 and 2008Q3?

Eliphas Ndou, Nombulelo Gumata, 2020 .

Is There a Role that Lower-Tier Banks Can Play in Complementing the Land Bank Development Mandate of the Agricultural Sector Value Chain?

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

The Stock and Flow Effects of Large-Scale Asset Purchases: Evidence from Persistent Versus Transitory Shocks

Eliphas Ndou, Nombulelo Gumata, 2021 .

Is There a Compelling Case to Increase the SARB Holdings of Government Securities to Supplement Interest Income and Neutralise Losses Due to Foreign Investments and Foreign Currency Reserves Accumulation?

Eliphas Ndou, Nombulelo Gumata, 2021, Achieving Price, Financial and Macro-Economic Stability in South Africa.

Relative Services Price Dispersion, Trend Inflation and Inflation Volatility

Eliphas Ndou, Nombulelo Gumata, Eliphas Ndou, 2017 .

Labour Market and Fiscal Policy Adjustments to Shocks

Eliphas Ndou, Nombulelo Gumata, 2017 .

How Effective Is the Relaxation of the Countercyclical Capital Buffer at a Time When Other Residential Macro-prudential Tools Are Tight?

Eliphas Ndou, Nombulelo Gumata, 2021 .

Bank Credit Extension and Real Economic Activity in South Africa

Eliphas Ndou, Nombulelo Gumata, 2017 .

Global Growth and Financial Spillovers and the South African Macro-economy

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2014 .

Capital Inflows and Asset Prices in South Africa

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2016 .

Is Export-Led Growth a Necessary but Insufficient Condition for Job Creation in the Mining Sector? Does This Mean That There Is a Strong Case for Beneficiation?

Eliphas Ndou, Nombulelo Gumata, 2019, Accelerated Land Reform, Mining, Growth, Unemployment and Inequality in South Africa.

Do Credit Booms, Financial and Credit Cycles Affect Activity in the Manufacturing Sector?

Eliphas Ndou, Nombulelo Gumata, 2020, The Secular Decline of the South African Manufacturing Sector.

What Is the Impact of Commodity Price Booms and Capital Flows Surges Episodes on the Manufacturing Sector?

Eliphas Ndou, Nombulelo Gumata, 2020 .

What Is the Role of Business and Consumer Confidence in Amplifying the Transmission of Positive Shocks into the Manufacturing Sector?

Eliphas Ndou, Nombulelo Gumata, 2020 .

Do Investors’ Net Purchases and Capital Retrenchment Activities Impact the Monetary Policy Response to Positive Inflation Shocks?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Economic Costs of Capital Flow Episodes in South Africa

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Capital Flow EpisodesCapital flow episodes and Real Economic Costs of Flow Episodes

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2017 .

Capital Flow Surges and Sudden Stops Impact on the Sectorial Composition of Employment and Productivity Growth

Eliphas Ndou, Nombulelo Gumata, 2017 .

Rand/US Dollar Exchange Rate Pass-Through and the Inflation Environment

Eliphas Ndou, Nombulelo Gumata, 2017 .

Does the Trade-Openness Channel Impact the Effects of Business Confidence Shocks on Investment Growth?

Eliphas Ndou, Nombulelo Gumata, 2019, Capital Flows, Credit Markets and Growth in South Africa.

Does Consumption Growth Respond Asymmetrically to Positive and Negative Repo Rate Changes?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Does the Household Financial Wealth Explain the Asymmetric Response of Consumption to Monetary Policy Shock in South Africa?

M. M. Tshuma, Eliphas Ndou, Nombulelo Gumata, 2019, Exchange Rate, Second Round Effects and Inflation Processes.

Do the Shortfalls and Overhangs Derived from Money Demand in South Africa Augmented with Portfolio Balances Impact Inflation Dynamics?

Eliphas Ndou, Nombulelo Gumata, 2021, Achieving Price, Financial and Macro-Economic Stability in South Africa.

What Are the Effects of Capital Flow Shocks on the Domestic Manufacturing Sector?

Eliphas Ndou, Nombulelo Gumata, 2020 .

Working Paper 157 - How are the US Financial Shocks Transmitted into South Africa? Structural VAR evidence

Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata, 2012 .