Browsing by Author "Thlaku, Thabang"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Item
    Open Access
    An evaluation of the monetary transmission mechanisms in South Africa
    (2011) Thlaku, Thabang; Ellyne, Mark
    The aim of this paper is to see whether the adoption of the Inflation Targeting regime has had an impact on the Monetary Transmission Mechanisms in South Africa. I employ a reduced-form VAR model to test the strength of the Monetary Transmission Mechanisms during two distinctly different monetary policy regimes. I investigate the strength of the various transmission channels during the Monetary Targeting regime using data from 1986-1999 and the Inflation Targeting regime using data from 2000-2010.