Monetary policy and inflation in South Africa: A VECM augmented with foreign variables
نویسندگان
چکیده
منابع مشابه
Forecasting monetary policy rules in South Africa
This paper is the first one to: (i) provide in-sample estimates of linear and nonlinear Taylor rules, augmented with an indicator of financial stability, for the case of South Africa, and (ii) analyse the ability of linear and nonlinear monetary policy rule specifications, as well as nonparametric and semiparametric models, to forecast the nominal interest rate setting that describes the South ...
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ژورنال
عنوان ژورنال: South African Journal of Economics
سال: 2013
ISSN: 0038-2280
DOI: 10.1111/saje.12027