Inflation Expectations Anchoring Across Different Types of Agents : the Case of South Africa /

Inflation forecasts are modelled as monotonically diverging from an estimated long-run anchor point, or 'implicit anchor', towards actual inflation as the forecast horizon shortens. Fitting the model with forecasts by analysts, businesses and trade unions for South Africa, we find that inf...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Miyajima, Ken
مؤلفون آخرون: Yetman, James
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2018.
سلاسل:IMF Working Papers; Working Paper ; No. 2018/177
الوصول للمادة أونلاين:Full text available on IMF