debates -- 3. Second round effects, exchange rate depreciation, inflation and average wage settlements -- 4. Second round … effects, remuneration per worker, exchange rate depreciation shock and inflation expectations -- 5. Second-round effects …, private sector wage inflation and exchange rate depreciation shocks -- 6. Second round effects of oil price shocks to consumer …

This book offers a comprehensive empirical analysis of South African inflation dynamics, using a variety of techniques … including counterfactual analysis. The authors elaborate the roles in inflation of thresholds, nonlinearities and asymmetries … introduced by economic conditions such as the size of exchange rate changes and volatility, GDP growth, inflation, output gap …