Transparency, Credibility and Predictability of Monetary Policy under Inflation Targeting in South Africa.
The adoption of inflation targeting in 2000 aimed to enhance the transparency and effectiveness of monetary policy in South Africa. Quantitative indexes reveal a strong rise in the transparency of monetary policy between 1994 and 2007. Inflation and interest rate expectations data, forward interest...
Main Authors: | Aron, J, Muellbauer, J |
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Format: | Conference item |
Language: | English |
Published: |
2007
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