Bank credit extension to the private sector and inflation in South Africa
This study investigates the contribution of bank credit extension to the private sector to inflation in South Africa, covering the period 1970:1-2006:4. The long-run impact of bank credit on inflation is investigated by means of the Johansen co integration model. The short-run ynamics of the inflati...
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Format: | Others |
Language: | English |
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Rhodes University
2009
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Online Access: | http://hdl.handle.net/10962/d1002693 |