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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Detalles Bibliográficos
Autor principal: Klein, Nir
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2011.
Colección:IMF Working Papers; Working Paper ; No. 2011/204
Acceso en línea:Full text available on IMF