We study the connection between global technology shocks (TS) and the crude oil market from 1880 to 2018. Our study utilizes newly constructed global TS datasets that cover OECD countries and 164 countries, while also ...
The literature on house price convergence largely relies on house price indices, based in an arbitrary year, rather than on actual price levels. This is essentially due to the scarcity of comparable house price level data. ...
Using monthly data for the G7 countries from 1973 to 2020, we study whether stock market bubbles help to forecast out-of-sample the realized volatility of oil price returns. We use the Multi-Scale Log-Periodic Power Law ...
This paper analyzes the degree of dynamic connectedness between energy and metal commodity prices in the pre and post-COVID-19 era, using the time-varying parameter vector autoregressive connectedness approach of Antonakakis ...
This article analyzes the real interest rate transmission mechanism across the United States, Japan, France, Germany, Holland, Italy, Spain and the United Kingdom over a period of more than 200 years. Based on a time-varying ...
PURPOSE : The primary focus of this study is to examine the distributional consequences of the widespread increase in prices. The fundamental question the study aims to address is whether the dynamics of income distribution ...
PURPOSE : Existing empirical evidence suggests that episodes of financial stress (crises) can act as driver of growth of inequality. Consequently, in this study, the authors explore the time-varying predictive power of an ...
We analyse the transmission mechanism of commodity price shocks in inflation targeting emerging economies. Using a panel vector autoregression, we find that for a commodity exporter, the shock causes a real exchange rate ...
The multiple and overlapping crises faced by countries, regions, and the world appear unprecedented in their magnitude and complexity. Protracted conflicts continue and new ones emerge, fuelled by geopolitics and social, ...
We focus on computing the geopolitical risk index (GPRI) for Nigeria, the largest economy in
Africa. The country has faced crises, including Boko Haram insurgency, banditry, kidnapping,
EndSARS, and regional secession, ...
A non-Bayesian decision maker forms posterior beliefs through an – ever so slightly – violation of Bayes’ rule. A naive equilibrium is a competitive equilibrium for a multiperiod complete markets economy such that every ...
Equivalence scales are policy parameters for inequality measurement, tax deductions and
subsidies. Thus, their accuracy is relevant both for budgets and social cohesion; however,
their measurement is subject to debate ...
PURPOSE – Context matters in social entrepreneurship, and it matters a lot. Social entrepreneurs are deeply
entrenched in the context where they operate: they respond to its challenges, are shaped by it, and attempt ...
The sudden market crash around 20 February 2020 on the dawn of the COVID-19 pandemic has accelerated the digitalization of all human communication and revived the interest for risk mitigation during stress periods. ...
The Impostor Phenomenon (IP) refers to the psychological experience of individuals mistakenly perceiving themselves as incompetent, despite external evidence of their success. Research has highlighted the prevalence of ...
Frost, Bianca Lizelle(University of Pretoria, 2023-06-30)
In this thesis, Running events in a crisis context: a sport consumer marketing perspective, the candidate investigated emotional and behavioural aspects of sport event participation, specifically running events, prior to ...
We examine the power of global economic conditions (GECON) in forecasting the daily return volatility of various international Real Estate Investment Trusts (REITs) indices. To this end, we use the GARCH-MIDAS framework ...
This paper studies the secular increase in US income inequality and its relation to growing house prices over the past three decades. We explore income inequality’s effect on house prices based on a high-frequency (quarterly) ...
This paper investigates hysteresis in South Africa's unemployment. First, we test the presence of hysteresis in unemployment using traditional stationarity tests and non-linear transformation methods to identify two further ...