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This paper estimates the output cost of fighting inflation-the sacrifice ratio-for the South African economy using quarterly data spanning the period 1998Q1-2019Q3. To compute the sacrifice ratio, the structural vector autoregressive model developed by Cecchetti and Rich (2001) based on...
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: Selected channels of transmission -- Chapter 3. UK policy uncertainty shock and South African economy: Inferences from the … exchange rate, exports and inflation channels.- Chapter 4. Foreign GDP growth uncertainties shock and South African economy …, foreign demand and domestic policy uncertainty shock effects on economic sectors.- Chapter 8. The transmission channels of the …
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