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Macroeconomic Uncertainty in South Africa

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  • Chris Redl

Abstract

This paper develops a new index of economic uncertainty for South Africa for the period 1990-2014 and analyses the macroeconomic impact of changes in this measure. The index is constructed from three sources: (1) Disagreement among professional forecasters about macroeconomic conditions using novel data from a forecasting competition run by a national newspaper, (2) a […]

Suggested Citation

  • Chris Redl, 2015. "Macroeconomic Uncertainty in South Africa," Working Papers 509, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:509
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    business analysis; Inflation; Other Macroeconomic Variables; South Africa;
    All these keywords.

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • N17 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Africa; Oceania

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