Estimating the Implicit Inflation Target of the South African Reserve Bank /

This paper applies a state-space approach to estimate the implicit inflation target of the South African Reserve Bank (SARB) since the adoption of the Inflation Targeting (IT) framework. The paper's findings are two. First, although the official inflation target range is 3.6 percent, in practic...

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Detalles Bibliográficos
Autor Principal: Klein, Nir
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/177
Subjects:
Acceso en liña:Full text available on IMF