Inflation Dynamics in South Africa

Mehr zum Buch

The book provides an in-depth empirical analysis of inflation dynamics in South Africa, exploring the influence of various economic factors such as exchange rate changes, GDP growth, and fiscal policy on inflation. It emphasizes the importance of understanding thresholds, nonlinearities, and asymmetries in inflation behavior. The authors investigate inflation expectations and the propagation of risk factors, arguing for the necessity of price stability within the 3 to 6 percent target range. This work serves as a valuable resource for both academic and policy discussions on inflation management.