Keyword: price puzzle

Evolution of Monetary Policy Transmission Mechanism in Malawi: A TVP-VAR with Stochastic Volatility Approach
This paper investigates the evolution of monetary transmission mech...
7 November 2013
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...
26 September 2012
Working Paper