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Stabilisation Polices

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Reconsidering the business cycle and stabilisation policies in South Africa

Stan du Plessis
This paper applies an alternative dating algorithm - suggested by Harding and Pagan (for example, 2002a) - to identify the turning points of the South African business cycle. The characteristics of the resulting business cycle are analysed and compared with results obtained for the o¬Ęcial cycle in...
Sep 2006
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