Faul, Joseph; Khumalo, Bridgette; Pashe, Mpho; … - Volkswirtschaftliche Fakultät, … - 2014
Can the South African Reserve Bank’s (SARB) substantially control inflation within their set target of 3-6 percent? We … aggregated inflation data collected between 2003 and 2014. To this end, we employ the three-regime threshold autoregressive (TAR … for varying persistency within the autoregressive (AR) components of the inflation process. Our empirical explorations …