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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Cuevas, Alfredo
Awduron Eraill: Topak, Secil
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2008.
Cyfres:IMF Working Papers; Working Paper ; No. 2008/289
Mynediad Ar-lein:Full text available on IMF