Die invloed van monetêre veranderlikes op die bate- en lastestruktuur van banke
- Authors: Swartz, Le'ande
- Date: 2015-02-09
- Subjects: Monetary policy , Banks and banking - South Africa
- Type: Thesis
- Identifier: http://ujcontent.uj.ac.za8080/10210/378011 , uj:13205 , http://hdl.handle.net/10210/13231
- Description: M.Com. (Economics) , The aim of this study is to identify the various monetary variables financial risks involved in the structuring of the Asset and Liability portfolio of a bank and to establish their influence on a dynamic financial system. The implementation of a successful Asset and Liability management plan is the ultimate objective of trying to maximize capital gains. Therefore, the success of such a management plan lies in its ability to limit the exposure of the bank to financial risks and monetary variables and finally to increase profitability. In this study an attempt is made to create a portfolio management plan. For this purpose a linear optimization computer nodal, is used. In order to obtain better understanding of the financial system in 'which such a portfolio management plan is implemented, a description of both the international and local financial systems ,including a comparison between the South African and United States markets,is set out in this study. In chapter V the strategy to limit financial risk exposure used in the United States' is discussed. Following a comparison made between the workings of the South African and United States financial markets, the conclusion is that, given a few adjustments, the same strategy could be used in the South African financial system...
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Macroeconomic convergence in SACU : a panel unit root analysis
- Authors: Maleke, Xaverina Nyatso
- Date: 2010-10-04T07:54:23Z
- Subjects: Southern African Customs Union , Macroeconomics , Convergence (Economics) , Monetary policy , Economic indicators
- Type: Thesis
- Identifier: uj:6910 , http://hdl.handle.net/10210/3421
- Description: M.Comm. , This study uses annual data for five SACU members over the period 1991-2005 to investigate the evidence for convergence in macroeconomic variables. Panel unit root test as an econometric tool is utilised together with other several approaches for this analysis. The results show significant evidence that the SACU countries have reached a reasonable level of convergence on specific macroeconomic variables. This can be attributed to common economic policies and institutional features. It is also evident that the countries that are members of the CMA show a dramatically higher convergence rate. As far as monetary policy is concerned, a high degree of convergence has been achieved in SACU. However, the results show no convergence on fiscal policies. This could be attributed to data constraint on debt to GDP which was used as a proxy for fiscal policy.
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