Monetary Policy, Inflation, and Distributional Impact : South Africa's Case /

The South African Reserve Bank has continued to fulfill its constitutional mandate to protect the value of the local currency by keeping inflation low and steady. This paper provides evidence that monetary policy tightening aimed at maintaining low and stable inflation could at the same time reduce...

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Bibliographic Details
Main Author: Miyajima, Ken
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF Working Papers; Working Paper ; No. 2021/078
Subjects:
Online Access:Full text available on IMF