The energy transition requires substantial amounts of metals, including copper, nickel, cobalt, and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks with an ``anchor'' variable, estimate supply elasticities, and pin down the price impact of the energy...

Estimation of portfolio expected credit loss is required for IFRS9 regulatory purposes. It starts with the estimation of scenario loss at loan level, and then aggregated and summed up by scenario probability weights to obtain portfolio expected loss. This estimated loss can vary significantly,...

The M&A transactions represent a wide range of unique business optimization opportunities in the corporate transformation deals, which are usually characterized by the high level of total risk. The M&A transactions can be successfully implemented by taking to an account the size of investments,...

The M&A transactions represent a wide range of unique business optimization opportunities in the corporate transformation deals, which are usually characterized by the high level of total risk. The M&A transactions can be successfully implemented by taking to an account the size of investments,...

The M&A transactions represent a wide range of unique business optimization opportunities in the corporate transformation deals, which are usually characterized by the high level of total risk. The M&A transactions can be successfully implemented by taking to an account the size of investments,...

Our aim is to investigate whether the direct payments and rural development measures of theEU’s Common Agricultural Policy (CAP) do make jobs in agriculture safer. We work with adynamic labour demand equation that is augmented by the full set of policy instruments of theCAP. It is estimated on...

This study analyses the reaction of the minerals industry to monetary policy developments in South Africa. This is achieved using a Taylor rule type central bank monetary policy reaction function, where the total, or economy wide, output is substituted with output of the minerals industry. The...

This study analyses the reaction of the minerals industry to fiscal policy developments in South Africa. This is achieved by augmenting a Taylor rule type central bank monetary policy reaction function with Government expenditure. According to the results, an unexpected, or surprise, increase in...

This paper analyses the reaction of the minerals industry to Commodity price developments in South Africa. This is achieved by augmenting a Taylor rule type central bank monetary policy reaction function with a measure of commodity prices. The results provide evidence of a statistically...

This paper analyses the reaction of the minerals industry to foreign exchange developments in South Africa. This is achieved by augmenting a Taylor rule type central bank monetary policy reaction function with the foreign exchange rate. The results provide evidence that, following an a...