The South African Reserve Bank (SARB) moved to an official inflation targeting regime in the February of 2000, with the sole aim of maintaining the CPIX inflation between a target-band of three to six percent. Against this backdrop, this thesis, over seven independent chapters with a common...

Recently, financial engineering has brought a significant number of interest rate derivative products. Amongst the variables used in pricing these derivative products is the short-term interest rate. This research article examines various short-term interest rate models in continuous time in...

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...