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- W4285068740 abstract "Does the South African rand’s relatively large volatility affect inflation? To shed some light on this question, a standard estimation technique of exchange rate pass-through to inflation is extended to incorporate exchange rate volatility. Estimated results suggest that higher exchange rate volatility tends to increase core inflation but to a relatively limited extent in South Africa. The finding lends support to the policy of allowing the rand to float freely and work as a shock absorber, consistent with the nation’s successful inflation targeting regime." @default.
- W4285068740 created "2022-07-13" @default.
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- W4285068740 date "2019-12-13" @default.
- W4285068740 modified "2023-10-18" @default.
- W4285068740 title "Exchange Rate Volatility and Pass-Through to Inflation in South Africa" @default.
- W4285068740 doi "https://doi.org/10.5089/9781513521572.001" @default.
- W4285068740 hasPublicationYear "2019" @default.
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