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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Bibliografiska uppgifter
Huvudupphovsman: Klein, Nir
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/177
Ämnen:
Länkar:Full text available on IMF