The South African monetary policy and inflation targeting as a nominal anchor: Does the monetary policy become more effective?
This study investigates whether the South African inflation-targeting (IT) framework has performed the role of the nominal anchor and the process through which the monetary authority determines its instrument in the economy. The study employs generalised method of moments (GMM) estimators. The resul...
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| Main Authors: | , , |
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| Format: | Article |
| Published: |
Inderscience Enterprises Ltd.
2016
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/27809/ http://doi.org/10.1504/IJMEF.2016.080082 |
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