Go to AfricaBib home

Go to AfricaBib home AfricaBib Go to database home

bibliographic database
Line
Previous page New search

The free AfricaBib App for Android is available here

Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:On inflation
Author:Mohr, PhilipISNI
Year:2008
Periodical:South African Journal of Economics
Volume:76
Issue:1
Pages:1-15
Language:English
Geographic term:South Africa
Subjects:inflation
monetary policy
central banks
External link:https://onlinelibrary.wiley.com/doi/10.1111/j.1813-6982.2008.00158.x/pdf
Abstract:There is currently much more common sense in the South African inflation debate than a few decades ago. In particular, the South African Reserve Bank exhibits a pragmatic, eclectic approach to inflation (as reflected in its bi-annual Monetary Policy Reports). This is in stark contrast to the narrow, monetarist-type thinking that tended to dominate during the 1980s. This paper is an attempt to contribute to the debate by highlighting a few issues, including the widespread substitution of the CPI (consumer price index) by the CPIX (CPI excluding mortgage interest costs), the fact that inflation is a process, the need to combat inflation, the causes of the decline in inflation in South Africa and the essential features of an inflation-targeting framework for monetary policy. Bibliogr., notes, ref., sum. [Journal abstract]
Views
Cover