The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting …

assume homogeneity in the monetary policy-inflation nexus, with dire consequences for optimal monetary policy and welfare …. Using wavelet-based quantile regressions, we provide a multi-layered asymmetric exposition on provincial inflation … quantiles. Our findings present enormous policy and welfare implications, given the inflation targeting status of South Africa …

compared with South African economy. Therefore, the Nigerian monetary authority has greater freedom to fight inflation. However …, the Nigerian economy still has a higher inflation than South Africa. The study concludes based on the empirical findings …

1980Q1 to 2010Q4 to test the effect of inflation on stock prices. The analysis is done using Auto-Regressive Distributed … supply and inflation are ~I(1). Causality test suggests a unidirectional causation from inflation to stock prices. The … indicate that inflation exerts a significant and negative impact on stock prices in South Africa …