Trade unions’ inflation expectations and the second-round effect in South Africa

Trade unions’ inflation expectations and the second-round effect in South Africa

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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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Bibliographic Details
Main Author: Temitope Lydia Leshoro
Format: Article
Language:English
Published: Associazione Economia civile 2018-03-01
Series:PSL Quarterly Review
Subjects:
Exchange rate
Inflation expectations
Trade unions
Online Access:http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13968/pdf_77

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