South Africa : The Cyclical Behavior of the Markups and its Implications for Monetary Policy /

The study looks at the cyclical behavior of the markups and assesses its impact on inflation dynamics. The analysis finds that the aggregate level of the private sector's markup is relatively high, thus pointing to the lack of strong competition in South Africa's product markets. Additiona...

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Detalhes bibliográficos
Autor principal: Klein, Nir
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
coleção:IMF Working Papers; Working Paper ; No. 2011/204
Acesso em linha:Full text available on IMF