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DSGE models for the South African economy
Includes bibliographical references (leaves 29-31).
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
School of Economics
2015
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| _version_ | 1867613247946883072 |
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| access_status_str | Open Access |
| author | Abbas, Ahmed |
| author2 | Touna-Mama, Albert |
| author_browse | Abbas, Ahmed Touna-Mama, Albert |
| author_facet | Touna-Mama, Albert Abbas, Ahmed |
| author_sort | Abbas, Ahmed |
| collection | Thesis |
| description | Includes bibliographical references (leaves 29-31). |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/12738 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:33:07.122Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2015 |
| publishDateRange | 2015 |
| publishDateSort | 2015 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/12738 DSGE models for the South African economy Abbas, Ahmed Touna-Mama, Albert Economics Includes bibliographical references (leaves 29-31). Dynamic stochastic modelling is relatively a new exercise in developing countries including South Africa. We use stochastic models to reproduce stylized facts of business cycles in South Africa. The basic neoclassical model and a model with indivisible labour are used to replicate the documented facts from the data. A model with variable capacity utilization and investment specific shocks is also used to reproduce facts about the manufacturing sector in South Africa. The models fair reasonably well in replicating volatilities of certain variables, but investment remains over-volatile in all the models. However, the South African labour market remains the hardest to replicate amidst well documented inflexibility. 2015-05-06T07:14:21Z 2015-05-06T07:14:21Z 2010 Master Thesis Masters MBusSc http://hdl.handle.net/11427/12738 eng application/pdf School of Economics Faculty of Commerce University of Cape Town |
| spellingShingle | Economics Abbas, Ahmed DSGE models for the South African economy |
| thesis_degree_str | Master's |
| title | DSGE models for the South African economy |
| title_full | DSGE models for the South African economy |
| title_fullStr | DSGE models for the South African economy |
| title_full_unstemmed | DSGE models for the South African economy |
| title_short | DSGE models for the South African economy |
| title_sort | dsge models for the south african economy |
| topic | Economics |
| url | http://hdl.handle.net/11427/12738 |
| work_keys_str_mv | AT abbasahmed dsgemodelsforthesouthafricaneconomy |