RESEARCH

Fiscal risks and their impact on banks' capital buffers in South Africa (with Konstantin Makrelov and Bojosi Morule). South African Journal of Economics, 91(1), pp.116-134. (2023) [link]
Higher education outcomes in South Africa: the role of the National Student Financial Aid Scheme (with Haroon Bhorat and Zaakhir Asmal), in Pearson W, Reddy V (eds) Social Justice and Education in the 21st Century: Research from South Africa and the United States Springer, pp 171-194 (2021) [link]
Child Health in Elementary School following California’s Paid Family Leave Program (with Shirlee Lichtman-Sadot), Journal of Policy Analysis and Management, 36 (4) 790-827 (2017) [link]
A Rational Expectations Consistent Measure of Risk: Using Financial Market Data from a Middle Income Context (with Johannes Fedderke), Oxford Bulletin of Economics and Statistics. 72 (6) 769-793 (2010) [link]

The long-run effects of cash transfers on labour market outcomes (with Chloe Allison and Kathryn Bankart). SARB Working Paper 24/18 (2024) [pdf]
The lending implications of banks holding excess capital (with Konstantin Makrelov). SARB Working Paper 24/02 (2024) [pdf]
Cash transfers and prices: what is the impact of social welfare on prices? (with Chloe Allison). SARB Working Paper 24/01 (2024) [pdf]
- Press: Business Day
Characteristics of the South African retirement fund industry (with Johannes Fedderke). SARB Working Paper 22/17 (2022) [pdf]
The impacts of unconditional cash transfers on schooling in adolescence and young adulthood: Evidence from South Africa. SARB Working Paper 20/05 (2020) [pdf]
Taxpayer responsiveness to taxation: Evidence from bunching at kink points of the South African income tax schedule. UNU-WIDER Working Paper 2020/68 (2020) [pdf]
Economies of Scale and Pension Fund Plans: Evidence from South Africa (with Albert Touna Mama and Johannes Fedderke). ERSA Working Paper 214 (2011) [pdf]

WORK IN PROGRESS

This paper estimates the impact of need-based financial aid on college outcomes by analysing South Africa's national government loan program.

The National Student Financial Aid Scheme (NSFAS) and the development of the higher education system in South Africa: A description of the demographics and performance of NSFAS beneficiaries (with Haroon Bhorat), Labour Market Intelligence Partnership Report 29 (2017) [report] [policy brief]