Amusa, Kafayat; Gupta, Rangan; Karolia, Shaakira; … - Department of Economics, Faculty of Economic and … - 2010
This paper evaluates the hypothesis of long-run super-neutrality of money (LRSN) within the context of the South African economy. The long-run impact of inflation on the interest rate and subsequently, output is estimated by employing a trivariate structural vector autoregression model. The...