Re-Examining the South African Reserve Bank’s Policy Reaction Function Using the NARDL Model
The 3–6 percent inflation target is a policy rule used by the South African Reserve Bank (SARB) to fulfil its statutory obligation of ensuring a low and stable inflation environment and its policy reaction function assesses how the Reserve Bank responds to deviations of inflation from its target. W...
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| Format: | Article |
| Language: | English |
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University of Primorska
2023-09-01
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| Series: | Managing Global Transitions |
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| Online Access: | https://ojs.upr.si/index.php/fm/article/view/90 |