dc.contributor.author |
De Wet, W.A. (Walter Albert)
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dc.date.accessioned |
2007-12-12T09:10:31Z |
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dc.date.available |
2007-12-12T09:10:31Z |
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dc.date.issued |
2003-12 |
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dc.description.abstract |
This paper sets out a framework in which a central bank under an inflation-targeting regime operates, and justifies why the interest rate hikes were necessary given the present framework of the South African Reserve Bank.
The paper is presented as follows. Section 1 makes some observations on the literature and empirical evidence from monetary policy. It identifies and discusses four important observations from the literature on inflation targeting. Section 2 discusses the South African situation in the framework sketched in section 1, while section 3 makes concluding comments. |
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dc.format.extent |
143454 bytes |
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dc.format.mimetype |
application/pdf |
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dc.identifier.citation |
De Wet, WA 2003, ‘Thinking like a governor : central banking under an inflation target’, South African Journal of Economics, vol. 71, no. 4, pp. 792–805. [http://www.blackwellpublishing.com/journal.asp?ref=0038-2280&site=1] |
en |
dc.identifier.issn |
0038-2280 |
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dc.identifier.other |
10.1111/j.1813-6982.2003.tb00096.x |
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dc.identifier.uri |
http://hdl.handle.net/2263/4085 |
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dc.language.iso |
en |
en |
dc.publisher |
Blackwell |
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dc.rights |
Blackwell. The definitive version is available at www.blackwell-synergy.com |
en |
dc.subject |
Central banking |
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dc.subject |
Inflation targeting |
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dc.subject |
South African Reserve Bank (SARB) |
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dc.subject |
Monetary policy |
en |
dc.subject.lcsh |
Banks and banking, Central -- South Africa |
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dc.subject.lcsh |
Inflation (Finance) -- South Africa |
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dc.title |
Thinking like a governor : central banking under an inflation target |
en |
dc.type |
Postprint Article |
en |