Showing 1 - 10 of 6,771
Is the SARB’s inflation target of 3-6% compatible with the 6% economic growth objective set by ASGISA? Estimations of … inflation-growth bivariate Threshold Vector Autoregressive with corresponding bivariate Threshold Vector Error Correction (BTVEC …-BTVAR) econometric models for sub-periods coupled with the South African inflation-growth experience between 1960 and 2010; suggest on …
Persistent link: https://www.econbiz.de/10011260136
Inflation, a macroeconomic variable, is underpinned by microeconomic data. This paper uses a large microdata sample at …
Persistent link: https://www.econbiz.de/10005019449
This paper investigates the long-run impact of inflation on homeowner equity in South Africa by analysing the … expenditure. In general, we infer that house prices in South Africa provide a stable, but quantitatively minor, inflation hedge in …
Persistent link: https://www.econbiz.de/10010545740
that China has a dampening effect on global inflation through the supply of cheap products. On the other hand, imports from … far as inflation is concerned, the paper does not find convincing empirical evidence at the aggregate level for inflation …
Persistent link: https://www.econbiz.de/10009222833
How detrimental is inflation to growth in South Africa? At what level? Motivated by the adoption of inflation targeting … by many countries, this paper sets out to empirically determine the threshold level of inflation in South Africa. This …. The results show that the inflation threshold level occurs at 4 percent. At inflation levels below and up to 4 percent …
Persistent link: https://www.econbiz.de/10010549210
inflation data. Design/methodology/approach – The conventional approach for assessing the degree of persistence within an … inflation process is via its integration properties. This study makes use of univariate threshold autoregressive (TAR) models … and associated unit root testing procedures to investigate the integration properties of the inflation data. Out …
Persistent link: https://www.econbiz.de/10010814931
One of the burning issues at the moment relates to increasing the “voice†or representation of emerging-market economies in international financial institutions such as the IMF and World Bank. There are many issues and challenges facing the monetary policy in emerging markets. In the...
Persistent link: https://www.econbiz.de/10005487649
The inflation crisis of 2008 drew greater attention to the varying experiences of inflation in South Africa and, in … particular, to the fact that different groups within society may have significantly differing inflation experiences. The groups …
Persistent link: https://www.econbiz.de/10010766072
Is the SARB’s inflation target of 3-6% compatible with the 6% economic growth objective set by ASGISA? Estimations of … inflation-growth bivariate Threshold Vector Autoregressive with corresponding bivariate Threshold Vector Error Correction (BTVEC …-BTVAR) econometric models for sub-periods coupled with the South African inflation-growth experience between 1960 and 2010; suggest on …
Persistent link: https://www.econbiz.de/10010781942
This paper investigates whether unobserved asymmetries can account for irregularities in the Fisher effect for the exclusive case of South Africa. This objective is attained by investigating unit roots within a threshold auto-regressive (TAR) models and estimating a threshold vector error...
Persistent link: https://www.econbiz.de/10009149961