Kaseeram, Irrshad - In: The African Finance Journal 12 (2010) Conference Issue, pp. 98-109
This paper analyses the interes-rate decision-making behaviour of the South African Reserve Bank (SARB) since the of the adoption of the Inflation Targeting Monetary Policy Framework (ITMPF)1. The general method of moments (GMM) technique is used to model hybrid Taylor type rules, employing...