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...
Автор: | |
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2012.
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Серія: | IMF Working Papers; Working Paper ;
No. 2012/177 |
Предмети: | |
Онлайн доступ: | Full text available on IMF |