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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Kabundi, Alain
Rannpháirtithe: Mlachila, Montfort
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2018.
Sraith:IMF Working Papers; Working Paper ; No. 2018/173
Rochtain ar líne:Full text available on IMF