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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Kabundi, Alain
Tác giả khác: Mlachila, Montfort
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2018.
Loạt:IMF Working Papers; Working Paper ; No. 2018/173
Truy cập trực tuyến:Full text available on IMF