Improving forecasting in an emerging economy, South Africa: Changing trends, long run restrictions and disaggregation.
Forecasting inflation is particularly challenging in emerging markets, where trade and monetary policy regimes have shifted and the exchange rate and food prices are highly volatile. This study shows that the information in long-run co-integrated relationships for relative prices in South Africa is...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2012
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