Monetary policy and inflation expectations: impact and causal analysis of heterogeneous economic agents’ expectations in South Africa
ABSTRACTThis study employs a Vector Error Correction (VEC) model to investigate the dynamic relationship between changes in monetary policy and inflation expectations within various sectors. The analysis encompasses data from the financial, business, and trade union sectors, spanning the first quart...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2024-12-01
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Series: | Journal of Applied Economics |
Subjects: | |
Online Access: | https://www.tandfonline.com/doi/10.1080/15140326.2023.2289724 |