Money-demand specifications exhibit instability, especially for long spans of data. This
paper reconsiders the welfare cost of inflation for the US economy using a flexible time …

Purpose The purpose of this paper is to study the evolution of monetary policy uncertainty
and its impact on the South African economy. Design/methodology/approach The authors …

Underlying, or core, inflation is likely the most important variable for monetary policy. It is
considered to be the optimal nominal anchor as it is stable, excludes relative price shocks …

This study determines whether the global vector autoregressive (GVAR) approach provides
better forecasts of key South African variables than a vector error correction model (VECM) …

Cement is a non-storable input in the medium and long term. The evidence in Chile shows
that cement supply and demand are in relative equilibrium, so the demand or supply of this …

Forecasting and financial statement adjustment; The case of retail stores in KwaZulu-Natal,
South Africa Page 1 309 Forecasting and financial statement adjustment; The case of retail …

La crise financière globale a amené l'ensemble des pays à renforcer l'attention accordée à
la stabilité financière dans la définition de leurs politiques économiques. La réflexion sur les …

Abstract ENGLISH SUMMARY: Supply shocks, especially food and energy price shocks,
play a significant role in the evolution and dynamics of headline consumer price inflation in …

This thesis consists of three essays which address important topics on inflation forecasts and
central bank policy preferences in Ghana and South Africa. The second Chapter evaluates …

This paper develops a monetary endogenous growth overlapping generations model
characterized by production lags-specifically lagged capital inputs-and an inflation targeting …