Global Economic Uncertainties and Exchange Rate Shocks

1. Introduction
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

Part I. The Role of Economic Growth, Economic Policy Uncertainty and the Channels of Transmission into the Domestic Economy

2. Heightened Foreign Economic Policy Uncertainty Shocks on the South African Economy: The Role of Credit Conditions and the Capital Flows Channels
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

3. UK Economic Policy Uncertainty Shock and the South African Economy: Inferences from the Exchange Rate, Exports and Inflation Channels
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

4. Foreign GDP Growth Uncertainty Shocks and the South African Economy
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

5. Interaction Between Economic Policy and GDP Growth Uncertainties: Implications for South African GDP Growth
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

Part II. The Transmission Channels of Exchange Rate, Foreign Demand and Domestic Uncertainty Shocks

6. Real Exchange Rate Fluctuations, Exports and GDP Growth Dynamics
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

7. The Real Exchange Rate and Sectoral Gross Value Added: The Role of Foreign Demand and Economic Policy Uncertainty
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

8. Real Exchange Rate Depreciation Shock and Real Investment Growth: The Balance Sheet Channel
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

9. Rand Depreciation and Investment Dynamics: The Role of Imported Intermediate Inputs
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

10. Exchange Rate Depreciation Shocks and Redistribution of Income: The Marginal Propensity to Consume Channel
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

11. Is Macroeconomic Uncertainty a Source of Subdued and Volatile Economic Recovery?
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

12. Real Exchange Rate and Implications for Monetary Policy
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

13. Domestic Macroeconomic Uncertainty: What Are the Financial Stability Effects
?
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

14. Financial Regulation Policy Uncertainty, Lending Rate Margins and Credit Growth
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

Part III. The Role of US Monetary Policy, Capital Flows, Business Confidence and Rand Per US Dollar Volatility

15. The Macroeconomic Effects of the Expected US Monetary Policy Normalisation Shock
on the South African Economy
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

16.
Monetary Policy and Exchange Rate Volatilities
: Implications for Output Dynamics
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

17.
Capital Flow Episodes
and Real Economic Costs of Flow Episodes
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

18. Transitory and Permanent Components of the Exchange Rate Volatility
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

19. Does the Rand Per US Dollar Exchange Rate Volatility Impact on Net Asset Purchases by Non-residents?
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

20. Business Confidence Shocks and the Relevance of Exchange Rate Volatility and Economic Policy Uncertainty Channels
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

21. Domestic Macroeconomic Uncertainty Shock and the Consumer Confidence Channel
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

22. Asymmetrical Real Exchange Rate Risk Effects on South African and US Exports Growth
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

23. Exchange Rate Depreciation, Risk and Exports: A Counterfactual VAR Approach
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

24. South African Exporters and the Pricing-to-Market Strategy
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

25. Does the Inflation Threshold Lead to Asymmetric Effects of the Rand Per US Dollar Exchange Rate Changes on Inflation?
Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube

Avainsanat: Economics, Econometrics, Political Economy/Economic Policy, African Economics, Financial Crises, International Finance