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Can currency in circulation predict South African economic activity?

Author

Listed:
  • Adél Bosch
  • Fanie Joubert
  • Jannie Rossouw

Abstract

The forecasting of economic activity is of interest to governments, policymakers, researchers, investors and indeed all participants in the economy. While the South African Reserve Bank (SARB) publishes a number of formal indicators of economic activity, and researchers have managed to create substantial macroeconomic forecasting models, these indicators and models are usually quite complex and […]

Suggested Citation

  • Adél Bosch & Fanie Joubert & Jannie Rossouw, 2016. "Can currency in circulation predict South African economic activity?," Working Papers 71, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:71
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    JEL classification:

    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers

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