A Bayesian-Estimated Model of Inflation Targeting in South Africa /
This paper estimates a small dynamic macroeconomic model for the South African economy with Bayesian methods. The model is tailored to assessing the impact of domestic as well as external shocks on inflation within an inflation targeting framework, by incorporating forward-looking behavior of privat...
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| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
2008.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2008/048 |
| Online adgang: | Full text available on IMF |