Monetary Policy and Relative Price Shocks in South Africa and Other Inflation Targeters /
When faced with a relative price shock, monetary authorities often aim to contain its second round effects on inflation while accepting first round effects. We analyze the experience of South Africa and other inflation targeters to explore whether and when this policy prescription implies changing t...
المؤلف الرئيسي: | |
---|---|
مؤلفون آخرون: | |
التنسيق: | دورية |
اللغة: | English |
منشور في: |
Washington, D.C. :
International Monetary Fund,
2008.
|
سلاسل: | IMF Working Papers; Working Paper ;
No. 2008/289 |
الوصول للمادة أونلاين: | Full text available on IMF |