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Measuring the Financial Cycle in South Africa

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  • Esti Kemp
  • Greg Farrell

Abstract

This paper sets out to measure the financial cycle in South Africa. Financial cycles provide a broad perspective on the evolution of risks to financial stability, and therefore provide a useful monitoring tool for policymakers who are required to set macroprudential policies. A robust measure of the financial cycle is currently particularly important for South […]

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  • Esti Kemp & Greg Farrell, 2018. "Measuring the Financial Cycle in South Africa," Working Papers 161, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:161
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