This empirical study for South Africa indicates that there exists a stable money demand type of relationship among domestic prices, broad money, real income, and interest rates, as well as a long-run relationship among domestic prices, foreign prices, and the nominal exchange rate. In the short run, shocks to the nominal exchange rate affect domestic prices but have virtually no impact on real output, while shocks to broad money have a temporary impact on real output before becoming inflationary. Both types of shocks seem to trigger a monetary policy response, as the short-term interest rate adjusts quickly. Copyright 2001, International Monetary Fund
Aim: The aim of the study is to investigate whether or not inflation in South Africa is a structural...
The aim of the study is to empirically test the demand for money function in South Africa’s inflatio...
This thesis focuses on monetary policy transmission and particularly seeks to examine the impact of ...
A stable money demand function plays a vital role in the planning and implementation of monetary pol...
Abstract: Inflation affects the total economy and should be controlled effectively, to support econo...
Thesis (M.Comm.) - University of KwaZulu-Natal, Pietermaritzburg, 2009.A stable money demand functio...
A stable money demand function plays a vital role in the analysis of macroeconomics, especially in t...
The depreciation of the rand in recent years has been one of the indicators of recession in South Af...
This paper analyses the long-run demand for money in South Africa for the period 1971-2010. In parti...
The floating exchange rate regime, coupled with a more open trade policy and the growth in imports, ...
This thesis focuses on monetary policy transmission and particularly seeks to examine the impact of ...
This paper explores the role played by monetary policy in promoting economic growth in the South Afr...
This paper reviews the design and performance of monetary policy in South Africa (SA) during 1994-20...
Thesis (M.Com.)-University of Natal, Pietermaritzburg, 2001.This thesis measures the extent to which...
Many macroeconomists acknowledge the importance of behavior in a money demand relationship when form...
Aim: The aim of the study is to investigate whether or not inflation in South Africa is a structural...
The aim of the study is to empirically test the demand for money function in South Africa’s inflatio...
This thesis focuses on monetary policy transmission and particularly seeks to examine the impact of ...
A stable money demand function plays a vital role in the planning and implementation of monetary pol...
Abstract: Inflation affects the total economy and should be controlled effectively, to support econo...
Thesis (M.Comm.) - University of KwaZulu-Natal, Pietermaritzburg, 2009.A stable money demand functio...
A stable money demand function plays a vital role in the analysis of macroeconomics, especially in t...
The depreciation of the rand in recent years has been one of the indicators of recession in South Af...
This paper analyses the long-run demand for money in South Africa for the period 1971-2010. In parti...
The floating exchange rate regime, coupled with a more open trade policy and the growth in imports, ...
This thesis focuses on monetary policy transmission and particularly seeks to examine the impact of ...
This paper explores the role played by monetary policy in promoting economic growth in the South Afr...
This paper reviews the design and performance of monetary policy in South Africa (SA) during 1994-20...
Thesis (M.Com.)-University of Natal, Pietermaritzburg, 2001.This thesis measures the extent to which...
Many macroeconomists acknowledge the importance of behavior in a money demand relationship when form...
Aim: The aim of the study is to investigate whether or not inflation in South Africa is a structural...
The aim of the study is to empirically test the demand for money function in South Africa’s inflatio...
This thesis focuses on monetary policy transmission and particularly seeks to examine the impact of ...