Browsing by Subject "monetary policy"
Now showing items 1-4 of 4
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An analysis of monetary policy and its effect on inflation and economic growth in South Africa
(North-West University (South Africa). Vanderbijlpark Campus, 2019)Emerging market economies, such as South Africa, frequently struggle to maintain a stable and economically viable inflation rate due to economic factors of a cost-push and structural nature. These factors not only influence ... -
Examining asymmetric effects in the South African Phillips curve: evidence from logistic smooth transition regression models
(Inderscience, 2016)This study contributes to the foregoing literature by investigating asymmetric behaviour within the South African short-run Phillips curve for three versions of the Phillips curve specification namely; the New Classical ... -
Inflation persistence and monetary policy in South Africa: is the 3% to 6% inflation target too persistent?
(Inderscience, 2016)Can the South African Reserve Bank's (SARB) substantially control inflation within their set target of 3% to 6%? We sought to investigate this phenomenon by examining multiple threshold effects in the persistence levels ... -
Reconsidering the role of food prices in South African headline inflation
(Taylor & Francis, 2014)The conventional wisdom is that food price shocks are temporary and hence do not usually warrant specific attention in policy formulation. However, more recently, empirical evidence has shown that food price shocks are ...
