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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Cuevas, Alfredo
Rannpháirtithe: Topak, Secil
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2008.
Sraith:IMF Working Papers; Working Paper ; No. 2008/289
Rochtain ar líne:Full text available on IMF