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Inflation or output targeting? Monetary policy appropriateness in south Africa

The design and implementation of monetary policy in South Africa has been based on the idea of a trade-off between inflation and output growth. However, in the empirical literature there is no consensus on the existence of a Phillips curve in present times. This study aims to estimate the Hybrid Ne...

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Hlavní autoři: Temitope Leshoro, Umakrishnan Kollamparambil
Médium: Artigo
Jazyk:Inglês
Vydáno: Associazione Economia civile 2016-04-01
Edice:PSL Quarterly Review
Témata:
On-line přístup:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/13157
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