Du Rand, Gideon; Hollander, Hylton; Van Lill, Dawie - 2023
In this study, we provide a comprehensive estimation of the contemporary Phillips curve relationship in the South …/tightness and inflation expectations, contributing to the debate on the relevance of the Phillips curve in South Africa, where … previous findings have been inconclusive. Our analysis reveals that long-run inflation expectations are the primary driver of …