Alternative model specifications can affect the estimated structure and dynamics of the
business cycle, which has important implications for policy analysis. This paper evaluates …

Characterising the SA business cycle, it is fair to conclude that it has been shaped by both
discrete structural change (and exogenous shocks) and its inherent regularity (ie …

In this paper the South African business cycle is modeled, using a simple linear method and
comparing it to non-linear methods. This is useful to address the debate between the …

This paper is concerned with the issues that arise in building a small Dynamic Stochastic
General Equilibrium (DSGE) model of the Australian economy. Our ultimate objective is to …

This paper tests the Vcycle is the trend'hypothesis. We investigate how far permanent and
transitory productivity shocks can account for the dynamics observed in the South African …

This dissertation considers the use of Dynamic Stochastic General Equilibrium (DSGE)
models for the analysis of South African macroeconomic business cycle phenomena. It …

The paper provides an alternative view to the Real and New Keynesian business cycle
theories. The paper focuses on the combination of both real and nominal variables in …

The objectives of this thesis are to carry out empirical tests for three rival theories of the
business cycle using New Zealand macroeconomic data, to determine the most important …

In 1938, Prof CGW Schumann—one of the leading South African economists of his time—
published Structural changes and business cycles in South Africa: 1806–1936. In that …

This thesis examines the sources of business cycle fluctuations in a developing Sub-
Saharan African economy. We develop an open economy dynamic stochastic general …