This thesis comprises of six independent chapters, besides the introduction and conclusions, with the common theme of optimal public policies in dynamic general equilibriummodels with different kinds of distortions. Broadly speaking, the issues considered are:tax evasion, bureaucratic...

Since the adoption of inflation rate targeting policy, there has been a great concern on the effectiveness of monetary policy to curb inflation in South Africa. The effectiveness of the repo rate as a policy instrument to control the level of inflation has been widely criticised not only in the...

The thesis comprises of six independent chapters with the common theme of financial repression and liberalization. Financial repression consists of the following three elements: First, the banking system is forced to hold government bonds and money through the imposition of high reserve and...

We examine dynamic correlations between housing market returns and economic policy uncertainty in the United States. Our findings suggest that correlations are time-varying and sensitive to economic fundamentals and US recessions.

The transition from Millennium Development Goals (MDGs) to Sustainable Development Goals (SDGs) has substantially shifted the policy debate from growth to inclusive growth. In this short note, we revisit the trust-growth nexus by exploiting a dataset on quality of growth (QG), recently made...