Inflation Persistence And Core Inflation: The Case Of South Africa
This paper analyses the persistence of inflation in South Africa since 1981. A measure of the persistence of inflation provides important information about the impact of shocks on the economy over time. This information can be extremely useful for the purpose of setting monetary policy, especially in a small, open economy like South Africa. In addition, an estimate of persistence at the disaggregate level helps in the identification of the main drivers of aggregate inflation. This information is useful in deriving a core measure of South African inflation, which outperforms some of the more readily available core measures in identifying the underlying inflationary pressures in the economy. Copyright (c) 2009 The Author. Journal compilation (c) 2009 Economic Society of South Africa.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 77 (2009)
Issue (Month): 3 (09)
|Contact details of provider:|| Postal: |
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0038-2280
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0038-2280|
When requesting a correction, please mention this item's handle: RePEc:bla:sajeco:v:77:y:2009:i:3:p:430-444. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.