Trade unions’ inflation expectations and the second-round effect in South Africa
Inflation expectations play a critical role in the formation of prices and wages. Hence, the South African Reserve Bank (SARB) reacts to inflation’s direct effects by tightening the monetary policy in order to avoid any second-round effects. The study we conducted attempts to investigate whether the...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2018-03-01
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Series: | PSL Quarterly Review |
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Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13968/pdf_77 |