Effects of bank regulation

The objective of the thesis is to analyse and understand the interaction between the banking sector and the economy in South Africa. To do so, we evaluate the historical evolution of productivity in the South African banking industry in chapter 2, by calculating a measure of productivity through a descriptive exercise. In chapter 3, we introduce labour dynamics of the banking industry by developing a model that links the productivity of the banking sector and macroeconomic outcomes. In chapter 4, we analyse how banking sector regulation affects the relationship between the banking sector and the macroeconomy and the contribution of banking sector regulation in determining efficiency of the sector.

本论文旨在分析并理解南非银行业与经济之间的相互作用。为此，我们在第二章通过描述性练习计算生产力指标，以评估南非银行业生产力的历史演变。在第三章中，我们通过构建一个将银行业生产力和宏观经济成果相联系的模型，引入了银行业的人力动态。在第四章，我们分析了银行业监管如何影响银行业与宏观经济之间的关系，以及银行业监管在决定行业效率方面的贡献。