Estimating the Implicit Inflation Target of the South African Reserve Bank /

This paper applies a state-space approach to estimate the implicit inflation target of the South African Reserve Bank (SARB) since the adoption of the Inflation Targeting (IT) framework. The paper's findings are two. First, although the official inflation target range is 3.6 percent, in practic...

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Dettagli Bibliografici
Autore principale: Klein, Nir
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/177
Soggetti:
Accesso online:Full text available on IMF