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 ...

Neryvia Pillay Bell

Policy Brief

Assessing inflation targeting and its communication

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

Alberto Coco, Nicola Viegi

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...

Alberto Coco, Nicola Viegi

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...

Modeste Some, Eric Schaling, Alain Kabundi

Working Paper

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

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

Shakill Hassan, Shaista Amod

Working Paper

Nominal GDP Targeting and the Monetary Policy Framework

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

Shakill Hassan, Christopher Loewald

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...

Nicola Viegi, Greg Farrell, Shakill Hassan

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...

Guangling Liu

Working Paper

Terms of Trade Shocks and Inflation Targeting in Emerging Market Economies

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

Albert Touna-Mama, Seedwell Hove, Fulbert Tchana Tchana

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...

Monique Reid

Policy Brief