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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Détails bibliographiques
Auteur principal: Harjes, Thomas
Autres auteurs: Ricci, Luca
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2008.
Collection:IMF Working Papers; Working Paper ; No. 2008/048
Accès en ligne:Full text available on IMF