The Monetary System And Monetary Policy In South Africa

Author : Commission of Inquiry into the Monetary System and Monetary Policy in South Africa
Publisher :
ISBN 13 :
Total Pages : 444 pages
Book Rating : 4.32/5 ( download)

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Download or read book The Monetary System and Monetary Policy in South Africa written by Commission of Inquiry into the Monetary System and Monetary Policy in South Africa and published by . This book was released on 1985 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Commission of Inquiry into the Monetary System and Monetary Policy in South Africa
Publisher :
ISBN 13 :
Total Pages : 124 pages
Book Rating : 4.11/5 ( download)

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Download or read book Exchange Rates in South Africa written by Commission of Inquiry into the Monetary System and Monetary Policy in South Africa and published by . This book was released on 1978 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Alain N. Kabundi
Publisher : International Monetary Fund
ISBN 13 : 1484371674
Total Pages : 29 pages
Book Rating : 4.71/5 ( download)

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Download or read book Monetary Policy Credibility and Exchange Rate Pass-Through in South Africa written by Alain N. Kabundi and published by International Monetary Fund. This book was released on 2018-07-30 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the key factors that explain the documented decline in the exchange rate pass-through in South Africa over the past two decades, which coincides with the adoption of the inflation-targeting regime. The paper conjectures, in line with the literature, that this outcome is largely due to improved monetary policy credibility. To do this, it first documents the factors that explain monetary policy credibility. Using the standard deviation of individual inflation forecasts as a measure of monetary policy credibility, its shows that the latter is negatively affected by the level of inflation itself, monetary policy uncertainty, and a measure of the unobserved stochastic volatility of inflation. The second phase proceeds by analyzing the determinants of the pass-through using the monetary policy credibility index derived from the first phase. The paper confirms the remarkable achievement that, despite the many shocks that the economy has witnessed, the declining pass-through is indeed explained by the improving monetary policy credibility.

Author : Mr. Ken Miyajima
Publisher : International Monetary Fund
ISBN 13 : 1513574353
Total Pages : 24 pages
Book Rating : 4.56/5 ( download)

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Download or read book Monetary Policy, Inflation, and Distributional Impact: South Africa’s Case written by Mr. Ken Miyajima and published by International Monetary Fund. This book was released on 2021-03-19 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The South African Reserve Bank has continued to fulfill its constitutional mandate to protect the value of the local currency by keeping inflation low and steady. This paper provides evidence that monetary policy tightening aimed at maintaining low and stable inflation could at the same time reduce consumption inequality over a 12–18 month horizon, commonly understood as the transmission lag of monetary policy action to the real economy, and similar to the distance between survey waves used in the analysis. In response to “exogenous” monetary policy tightening, the real consumption of individuals at lower ends of the consumption distribution declines relatively modestly, or even increases. With greater reliance on government transfers, thus smaller reliance on labor income, and relatively larger food consumption, these individuals appear to benefit mainly from lower inflation. By contrast, the real consumption of individuals at higher ends of the consumption distribution is more likely to decline due to lower labor income, weaker asset price performance, and higher debt service cost.

Author : Commission of Inquiry into the Monetary System and Monetary Policy in South Africa
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.80/5 ( download)

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Download or read book The Building Societies, the Financial Markets, and Monetary Policy written by Commission of Inquiry into the Monetary System and Monetary Policy in South Africa and published by . This book was released on 1982 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : M. Ncube
Publisher : Springer
ISBN 13 : 1137334150
Total Pages : 194 pages
Book Rating : 4.52/5 ( download)

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Download or read book Monetary Policy and the Economy in South Africa written by M. Ncube and published by Springer. This book was released on 2013-08-30 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monetary Policy and the Economy in South Africa covers both modern theories and empirical analysis, linking monetary policy with relating house wealth, drivers of current account based on asset approach, expenditure switching and income absorption effects of monetary policy on trade balance, effects of inflation uncertainty on output growth and international spill overs. Each chapter uses data and relevant methodology to answer empirical and pertinent policy questions in South Africa. The book gives new insights into understanding these areas of economic policy and the wider emerging-markets.

Author : L. J. Fourie
Publisher :
ISBN 13 :
Total Pages : 454 pages
Book Rating : 4.01/5 ( download)

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Download or read book Fundamentals of the South African Financial System written by L. J. Fourie and published by . This book was released on 1992 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Ernst Heinrich Daniel Arndt
Publisher :
ISBN 13 :
Total Pages : 576 pages
Book Rating : 4.25/5 ( download)

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Download or read book Banking and Currency Development in South Africa (1652-1927) written by Ernst Heinrich Daniel Arndt and published by . This book was released on 1928 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : 334 pages
Book Rating : 4.44/5 ( download)

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Download or read book The Monetary system and monetary policy in South Africa written by and published by . This book was released on 1985 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 : 148437200X
Total Pages : 104 pages
Book Rating : 4.05/5 ( download)

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Download or read book South Africa written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2014-12-11 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses findings of the Financial System Stability Assessment for South Africa. South Africa’s financial sector operates in a challenging economic environment. Despite remarkable progress since the end of apartheid in 1994, South Africa still has one of the world’s highest unemployment and income inequality rates. Slow economic growth since 2008 has further aggravated unemployment, real disposable income is stagnant, and households are heavily indebted. Relatively high capital buffers as well as sound regulation and supervision have helped mitigate the risks. Stress tests confirm the capital resiliency of banks and insurance companies to severe shocks but illustrate a vulnerability to liquidity shortfalls.