Back to top

E52

Error message

  • Deprecated function: Function create_function() is deprecated in eval() (line 1 of /usr/www/users/econrs/modules/php/php.module(80) : eval()'d code).
  • Deprecated function: Function create_function() is deprecated in eval() (line 1 of /usr/www/users/econrs/modules/php/php.module(80) : eval()'d code).

Monetary Policy

Should Central Banks of Small Open Economies Respond to Exchange Rate Fluctuations: The Case of South Africa

Sami Alpanda, Kevin Kotze and Geoffrey Woglom
We estimate a New Keynesian small open economy DSGE model for South Africa, using Bayesian techniques. The model features imperfect competition, incomplete asset markets, partial exchange rate pass-through, and other commonly used nominal and real rigidities, such as sticky prices, price indexation...
Mar 2010
Read more

A Comparison of Inflation Expectations and Inflation Credibility in South Africa: Results from Survey Data

Jannie Rossouw, Vishnu Padayachee and Adél Bosch
This paper reports a comparison of South African household inflation expectations and inflation credibility surveys undertaken in 2006 and 2008. The objective is to test for possible feed through between inflating credibility and inflation expectations. It supplements similar earlier research that...
Apr 2010
Read more

Isolating a Measure of Inflation Expectations for the South African Financial Market Using Forward Interest Rates

Monique Reid
The inflation expectations channel of the transmission mechanism has generally become recognised as crucial for the implementation of modern monetary policy. This paper briefly reviews the practices commonly employed for measuring inflation expectations in South Africa and others a market-based...
May 2009
Read more

Pages

Subscribe to RSS - E52