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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Cuevas, Alfredo
مؤلفون آخرون: Topak, Secil
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