Inflation threshold and nonlinearity: implications for inflation targeting in South Africa
Following many other central banks around the world, the South African Reserve Bank has adopted inflation targeting as its monetary policy framework. The aim of this is to achieve low levels of inflation in order to attain price stability thereby promoting growth. In South Africa, the chosen band to...
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Format: | Others |
Language: | English |
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Rhodes University
2011
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Online Access: | http://hdl.handle.net/10962/d1002718 |