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The global financial crisis of late 2008 could not have provided more convincing evidence that price stability is not a sufficient condition for financial stability. In order to attain both, central banks must develop macroprudential instruments in order to prevent the occurrence of systemic...
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exchange rate, exports and inflation channels.- Chapter 4. Foreign GDP growth uncertainties shock and South African economy … real exchange rate and foreign demand shocks on inflation dynamics.- Chapter 9. Is macroeconomic uncertainty a source of …
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