Global ETD Search
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Showing 1 to 5 of 5 for “"cost-push"”.
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An analysis of monetary policy and its effect on inflation and economic growth in South Africa
… inflation rate due to economic factors of a cost-push and structural nature. These factors not only influence inflation within the economy, but also the efficacy of monetary policy in its pursuit of its many goals. The South African economy has thus long been a victim of volatile inflation, …
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Monetary Policy in a Low Exchange Rate Pass-Through Environment: The case of Botswana
… Secondly, the simulations show that imports cost-push shock leads to a decrease in consumption by a higher magnitude than the decrease in output. The estimation results show that the central bank allocates the largest weight towards price stability as compared to other target variables such …
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Endogenous Shocks in the New Keynesian Model
… that give rise to such endogenous shocks: the cost channel of transmission of monetary policy, nominal wage stickiness, and incomplete pass-through. With some reservations, these endogenous shocks produce the same sort of behavior of the model's variables in response to a technological shock as …
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Three Essays on Monetary Policy Rules
… I incorporate both exogenous and endogenous cost push shocks into the model to investigate whether domestic inflation targeting continues to dominate other policy rules. Results show that inflation targeting rules (domestic inflation or CPI inflation) continue to dominate other policy rules …
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Relationship between inflation rate and wage rate before and after inflation targeting periods in South Africa
… rate is more of demand-pull rather than supply/cost-push. This study also found a non-persistent inflation rate in the long-run. This implied that adaptive expectation, rather than rational expectation, is the main driver of economic agents’ price setting behaviour. This assertion was further …