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This paper investigates whether a Taylor rule accurately describes the South African Reserve Bank's reaction function in setting interest rates using quarterly data, covering the period since inflation targeting was formally adopted in 2000. The classic Taylor rule is modified to determine...
Persistent link: https://www.econbiz.de/10011821017
impact on the employment situation but, in relation with the fall of the production, the observed destructions of jobs were … same which knows more the precarious employment, the underemployment and the recurrent unemployment. Moreover, one observes … layoffs. Lastly, they could reduce volume of internal employment, but with less serious consequences for the stable contract …
Persistent link: https://www.econbiz.de/10008765862
between monetary policy, employment, and unemployment. According to the obtained estimates monetary policy shocks invoked … lagged, hump‑shaped reactions of output, employment and unemployment in each of the analysed countries. …
Persistent link: https://www.econbiz.de/10011877095
) on economic growth and employment. On the panel of 18 countries for the period from 1996 to 2013, I tested the hypothesis … related to exchange rate targeting, the effects of the introduction of inflation targeting in the unemployment rate were also … inflation targeting have a lower rate of economic growth and higher unemployment. …
Persistent link: https://www.econbiz.de/10012305750
This paper investigates whether a Taylor rule accurately describes the South African Reserve Bank's reaction function in setting interest rates using quarterly data, covering the period since inflation targeting was formally adopted in 2000. The classic Taylor rule is modified to determine...
Persistent link: https://www.econbiz.de/10011943850
The aim of this paper is to assess the impact of union bargaining power on inflation and employment in a case of …
Persistent link: https://www.econbiz.de/10010887103
The aim of this paper is to assess the impact of union bargaining power on inflation and employment in a case of …
Persistent link: https://www.econbiz.de/10010890003
between monetary policy, employment, and unemployment. According to the obtained estimates monetary policy shocks invoked … lagged, hump-shaped reactions of output, employment and unemployment in each of the analysed countries. …
Persistent link: https://www.econbiz.de/10011922465
) on economic growth and employment. On the panel of 18 countries for the period from 1996 to 2013, I tested the hypothesis … related to exchange rate targeting, the effects of the introduction of inflation targeting in the unemployment rate were also … inflation targeting have a lower rate of economic growth and higher unemployment. …
Persistent link: https://www.econbiz.de/10014558528
production, energy, and emissions in a demand-driven framework. The model introduces three innovations in modeling the production … channels; a non-renewable input extracted for energy production and Greenhouse Gasses (GHGs) accumulated through the production … unemployment, prices, and income distributions. …
Persistent link: https://www.econbiz.de/10011085408