Aron, Janine; Muellbauer, John; Smit, Benjamin W. - Department of Economics, Oxford University - 2004
and extent of exchange rate pass-through, and illuminates the various channels through which monetary policy influences …, structural breaks and expectations effects, and applies a range of econometric tests and methods to refute the charge that such …We build a 4-equation model of the inflation process in South Africa (which has recently adopted inflation targeting …