Inflation targeting | Economic Research Southern Africa

Keyword: Inflation targeting

Monetary policy and inequality

South Africa is one of the most unequal countries in the world and ...

Published: 30 July 2020

Policy Brief

Assessing inflation targeting and its communication

It is less onerous to achieve policy objectives when they are clear...

Published: 18 November 2019

Policy Brief

The monetary policy of the South African Reserve Bank: stance, communication and credib...

This paper analyses the evolution of the monetary policy stance, co...

Published: 18 July 2019

Working Paper

Estimating a Phillips Curve for South Africa: A Bounded Random Walk Approach

In this paper we estimate a Phillips curve for South Africa using a...

Published: 14 December 2015

Working Paper

Variance Bounds as Thresholds for ‘Excessive’ Currency Volatility: Inflation Targeting ...

At what level does a currencys volatility become excessive, in a...

Published: 13 January 2015

Working Paper

Nominal GDP Targeting and the Monetary Policy Framework

A nominal income target may provide credibility to a commitment to ...

Published: 19 November 2013

Working Paper

The High-Frequency Response of the Rand-Dollar rate to Inflation Surprises

We examine the high-frequency response of the rand-dollar nominal r...

Published: 26 September 2012

Working Paper

Will the SARB always succeed in fighting inflation with contractionary policy?

The conventional view is that a monetary policy shock has both supp...

Published: 26 September 2012

Working Paper

Terms of Trade Shocks and Inflation Targeting in Emerging Market Economies

Emerging market economies (EMEs) have persistently experienced diff...

Published: 26 September 2012

Working Paper

Inflation targeting: how the SARB is succeeding in anchoring of inflation expectations

Evidence suggest that the use of inflation targeting by the South A...

Published: 27 September 2009

Policy Brief