Macro research team members at the 5th macro and monetary economics workshop

Last week some members of our macro research team, accompanied by the team leader Prof. Guangling Liu, attended the 5th macro and monetary economics workshop at the South African Reserve Bank. Dr. Fernando García Barragán (1st left) presented one of his recent research articles, titled ‘The welfare cost of bank capital requirements with endogenous default’, at the workshop. Mr. Hilary Patroba (2nd left) presented one of the chapters from his PhD thesis: ‘South Africa’s real business cycles: permanent versus transitory shocks’. Miss Anna Orthofer (3rd left) and Mr. Chris Garbers (5th left) are first year PhD students at the department. Anna’s research topic is ‘Savings, wealth and its distribution in South Africa’ and Chris’ thesis title is ‘Essays on credit cycles’. They both presented their preliminary research results at the workshop. Dr. Hylton Hollander (4th left) obtained his PhD degree last December. The title of his thesis is ‘Financial frictions and the business cycle’.  He is currently holding a postdoctoral fellowship at the University of Cape Town. He presented one of the chapters from his thesis at the workshop as well.