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Titlebook: Exchange Rate, Second Round Effects and Inflation Processes; Evidence From South Eliphas Ndou,Nombulelo Gumata,Mthokozisi Mncedisi Book 2

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Monetary Policy Credibility and the Exchange Rate Pass-Through to Inflationck in influencing inflation developments, may not be that elevated if the role of the monetary policy credibility is considered in the policy discussion. The role of credibility of policy conduct on the exchange rate pass-through to inflation is therefore crucial in the minimisation of exchange rate pass-through to inflation.
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Does Trade Openness or Globalisation Matter for the Response of Inflation to Exchange Rate Depreciatts of trade openness on ERPT. The counterfactual analysis reveals that increased trade openness dampens the increase in inflation due to exchange rate depreciation shocks. The negative business confidence channel and subdued GDP growth post 2008Q4, amplified the dampening ability of positive shocks to trade-openness to lower the ERPT.
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Exchange Rate, Second Round Effects and Inflation ProcessesEvidence From South
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Introductionr certain relationships have changed in line with varying economic regimes. Of great importance is the observed, muted inflation and average wage settlements response to the persistent exchange rate depreciation post 2009.
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