Exchange Rate, Second Round Effects and Inflation Processes
Evidence From South Africa
- 444bladzijden
- 16 uur lezen
This book explores the exchange rate pass-through (ERPT) and inflation dynamics in South Africa, highlighting how inflation regimes affect responses to exchange rate and oil price changes. It examines the role of monetary and fiscal policy credibility, and discusses the limited impact of second round effects on wage inflation. Ideal for policymakers and academics.
