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 currency’s 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 Dave 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

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