Titlebook: Inflation Dynamics in South Africa; The Role of Threshol Eliphas Ndou,Nombulelo Gumata Book 2017 The Editor(s) (if applicable) and The Auth

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The Ball Approach to Disinflation Episodes, Output Costs and Sacrifice Ratios in South Africad reinforcement of the primary mandate of price stability is equally important. What are the cumulative losses of output and sacrifice ratios associated with a 1 per cent permanent reduction in inflation during disinflation episodes? How does inflation persistence relate to output losses and sacrifi

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The Output and Inflation Trade-off in South Africa open to policymakers are depicted in movements along the efficient policy frontier or the Taylor curve. This chapter estimates the Taylor curve for South Africa and explores whether the curve has shifted over time. In addition, we identify periods that were associated with minimum inflation and out

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Exchange Rate Volatility Shock Effects on Inflation Volatilityrate volatility contributes to inflation volatility. Evidence indicates that elevated exchange rate volatility shock is passed-through to inflation volatility end the sentence after volatility. and start a new sentence with The exchange rate depreciation shock has a more pronounced effect on overall

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Does the Volatility of the R/US$ Exchange Rate Threshold Exert Non-Linear Effects on Inflation?his chapter estimates the exchange rate volatility threshold and establishes evidence that inflation remains elevated for longer periods and the rand exchange rate remains highly depreciated in the high volatility regime. The persistence of the rand depreciation shock matters as inflation rises to h

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