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Now showing items 41-44 of 44
A test for Non-Gaussian distributions on the Johannesburg stock exchange and its implications on forecasting models based on historical growth rates.
(University of Western Cape, 2002)
If share price fluctuations follow a simple random walk then it implies that forecasting models based on historical growth rates have little ability to forecast acceptable share price movements over a certain period. The ...
Exchange rate misalignment and international trade competitiveness : A cointegration analysis for South Africa
(University of the Western Cape, 2002)
Issues pertaining to the misalignment of exchange rate have become central in the analysis of open economy macroeconomics for developing countries. This is at least due to two reasons: first persistent overvaluation of ...
The fundamental determinants of long run growth in the Cameroonian economy
(University of the Western Cape, 2004)
Nearly half a century after independence, the Cameroon economy has experienced little or no growth in per capita incomes in spite of the enormous natural and human potentials of the country and in spite of the huge packages ...
'How Successful was the South African Reserve Bank in Making Monetary Policy Predictable and Transparent?'
(University of Western Cape, 2004)
This paper uses 3 - month and 12 - month market Negotiable Certificates of ( I . Deposit (NCO) rates to test whether greater transparency by the South African Reserve Bank has reduced expectational errors in the money ...