Monetary Policy Credibility and Exchange Rate Pass-Through in South Africa /

This paper investigates the key factors that explain the documented decline in the exchange rate pass-through in South Africa over the past two decades, which coincides with the adoption of the inflation-targeting regime. The paper conjectures, in line with the literature, that this outcome is large...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Kabundi, Alain
مؤلفون آخرون: Mlachila, Montfort
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2018.
سلاسل:IMF Working Papers; Working Paper ; No. 2018/173
الوصول للمادة أونلاين:Full text available on IMF