Exchange Rate, Second Round Effects and Inflation Processes : Evidence From South Africa / / by Eliphas Ndou, Nombulelo Gumata, Mthokozisi Mncedisi Tshuma
| Exchange Rate, Second Round Effects and Inflation Processes : Evidence From South Africa / / by Eliphas Ndou, Nombulelo Gumata, Mthokozisi Mncedisi Tshuma |
| Autore | Ndou Eliphas |
| Edizione | [1st ed. 2019.] |
| Pubbl/distr/stampa | Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2019 |
| Descrizione fisica | 1 online resource (421 pages) |
| Disciplina |
332.41098
332.4560968 |
| Soggetto topico |
International economic relations
Macroeconomics Finance, Public International finance Africa - Economic conditions International Economics Macroeconomics and Monetary Economics Public Economics Public Finance International Finance African Economics |
| ISBN |
9783030139322
3030139328 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Part I: The changing size of second-round effects -- 1. Introduction. 2. Policy implications of ERPT and ongoing debates -- 3. Second round effects, exchange rate depreciation, inflation and average wage settlements -- 4. Second round effects, remuneration per worker, exchange rate depreciation shock and inflation expectations -- 5. Second-round effects, private sector wage inflation and exchange rate depreciation shocks -- 6. Second round effects of oil price shocks to consumer price inflation and the unit labour costs channel -- Part II: Monetary and fiscal policy credibility and changing exchange rate pass-through -- 7. Monetary policy credibility and the time varying exchange rate pass-through to inflation -- 8. Monetary policy credibility and the exchange rate pass-through to inflation -- 9. Does the monetary policy channel impact the transmission of exchange rate depreciation shocks to inflation? -- 10. Does monetary policy credibility impact the responses of unit labour costs to exchange rate depreciation shocks? -- 11. Does monetary policy credibility play a role in transmission of oil price shocks to inflation expectations? -- 12. Does monetary policy credibility affect market-based inflation expectations? -- Part III: Trade openness, Consumer and business confidence and exchange rate pass-through -- 13. Does the consumer confidence channel affect the response of inflation to exchange rate depreciation shocks? -- 14. Does weak business confidence impact the pass-through of the exchange rate depreciation shocks to inflation? -- 15. Does exchange rate volatility impact the pass-through of the exchange rate depreciation shocks to inflation? -- 16. Does trade openness matter for the response of inflation to exchange rate depreciation shocks? -- Part IV: Fiscal policy credibility and changing exchange rate pass-through -- 17. Does fiscal policy credibility matter for the exchange rate pass-through to inflation in South Africa? -- 18. Fiscal policy credibility and time varying exchange rate pass-through to consumer price inflation -- 19. Is the impact of high monetary policy credibility on inflation and the ERPT reinforced by fiscal policy credibility? -- Part V: Regulated price, inflation process and monetary policy influence -- 20. What is the role and cost of administered prices? Evidence from monetary policy responses to positive inflation shocks -- 21. Monetary and fiscal policy interactions in inflation process: The role of fuel levies channel -- 22. Monetary and fiscal policy interactions in inflation process: The role of public transport inflation channel -- 23. The distributive effects of monetary policy: Evidence form inflation rates by deciles and rural areas -- Part VI: Asymmetric interest rate pass-through -- 24. Is there any evidence of the amount and adjustment asymmetries of lending rate reaction to the repo rate changes? -- 25 Is there evidence of rigidity in the corporate lending rate adjustment following repo rate changes? -- 26. Does the flexible mortgage rate exhibit asymmetrical response to changes in the repo rate? -- 27. What is the role of competition in the banking sector on the interest rate pass-through and loan intermediation mark-up? -- 28. Does consumption growth respond asymmetrically to positive and negative repo rate changes? -- 29. Does the household financial wealth explain the asymmetric response of consumption to monetary policy shock in South Africa?. |
| Record Nr. | UNINA-9910337676903321 |
Ndou Eliphas
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| Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2019 | ||
| Lo trovi qui: Univ. Federico II | ||
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Fiscal Policy Shocks and Macroeconomic Growth in South Africa : Missing Links and Policy Gaps / / by Eliphas Ndou, Nombulelo Gumata
| Fiscal Policy Shocks and Macroeconomic Growth in South Africa : Missing Links and Policy Gaps / / by Eliphas Ndou, Nombulelo Gumata |
| Autore | Ndou Eliphas |
| Edizione | [1st ed. 2023.] |
| Pubbl/distr/stampa | Cham : , : Springer Nature Switzerland : , : Imprint : Palgrave Macmillan, , 2023 |
| Descrizione fisica | 1 online resource (271 pages) |
| Disciplina | 929.374 |
| Soggetto topico |
Africa - Economic conditions
Economic policy Development economics African Economics Economic Policy Development Economics |
| ISBN |
9783031377556
3031377559 9783031377549 3031377540 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Chapter 1 Introduction -- Chapter 2 Synopsis of fiscal policy in South Africa: 1994 – 2020 -- Part 1: Government debt -- Chapter 3 Effects of government debt on output, household consumption and gross fixed capital formation: Role of the credit conditions channel -- Chapter 4 Government debt and household consumption: the influence of the wealth channel -- Chapter 5 Government debt and capital formation nexus in South Africa: The role of the debt threshold -- Chapter 6 Government debt and fixed capital formation nexus: Effects of the interest rate and monetary policy credibility channels -- Chapter 7 Inflation targeting band, the government debt and capital formation nexus in South Africa -- Chapter 8 Do high government debt-to-GDP regimes propagate the adverse macro-economic effects of high budget deficit regimes? -- Chapter 9 Debt-to-GDP ratio, investment growth and employment growth, and their response to high nominal GDP growth regimes -- Chapter 10 The impact of the debt-to-GDP ratio on investment growth -- Part 2: Fiscal budget balance deficits -- Chapter 11 Budget deficit thresholds and their macroeconomic impact -- Chapter 12 The impact of a persistent increase in the budget deficit on real interest rates -- Chapter 13 What are the effects of budget deficit regimes on inflation and inflation expectations? -- Part 3: Interest rates -- Chapter 14 Widening budget deficits and investment growth dynamics -- Chapter 15 Do high debt service costs reduce the potency of accommodative fiscal policy in South Africa? -- Chapter 16 What are the macroeconomic effects of a positive interest rate-GDP growth differential shock? -- Part 4: Economic policy uncertainty -- Chapter 17 Economic policy uncertainty and the employment dynamics in South Africa under the inflation targeting regime -- Chapter 18 Economic policy uncertainty, employment dynamics and price stability in South Africa -- Chapter 19 The role of economic and policy uncertainty on the effects of widening budget deficits on yields and the credit default swap spreads -- Chapter 20 Summary of main findings and policy implications. |
| Record Nr. | UNINA-9910746299403321 |
Ndou Eliphas
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| Cham : , : Springer Nature Switzerland : , : Imprint : Palgrave Macmillan, , 2023 | ||
| Lo trovi qui: Univ. Federico II | ||
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Global Economic Uncertainties and Exchange Rate Shocks : Transmission Channels to the South African Economy / / by Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube
| Global Economic Uncertainties and Exchange Rate Shocks : Transmission Channels to the South African Economy / / by Eliphas Ndou, Nombulelo Gumata, Mthuli Ncube |
| Autore | Ndou Eliphas |
| Edizione | [1st ed. 2017.] |
| Pubbl/distr/stampa | Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2017 |
| Descrizione fisica | 1 online resource (XLIV, 484 p. 194 illus.) |
| Disciplina | 330.015195 |
| Soggetto topico |
Econometrics
Economic policy Africa - Economic conditions Finance History International finance Economic Policy African Economics Financial History International Finance |
| ISBN |
9783319622804
3319622803 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Chapter 1 Introduction -- Chapter 2. Heightened foreign policy uncertainty shocks on the South African economy: Selected channels of transmission -- Chapter 3. UK policy uncertainty shock and South African economy: Inferences from the exchange rate, exports and inflation channels.- Chapter 4. Foreign GDP growth uncertainties shock and South African economy -- Chapter 5. The transmission of foreign economic policy uncertainties: Evidence form exports, equity prices and policy rate channels.- Chapter 6. The real exchange rate fluctuations and macroeconomic dynamics.- Chapter 7. The real exchange rate, foreign demand and domestic policy uncertainty shock effects on economic sectors.- Chapter 8. The transmission channels of the real exchange rate and foreign demand shocks on inflation dynamics.- Chapter 9. Is macroeconomic uncertainty a source of subdued and volatile economic recovery.- Chapter 10. The transmission of domestic macroeconomic uncertainty: Evidence from the confidence and financial channels.- Chapter 11. Financial regulation policy uncertainty, lending rate margins and credit growth.- Chapter 12. The macroeconomic effects of the expected US monetary policy normalisation shock on the South African economy.- Chapter 13. Monetary policy and exchange rate volatility: SA-US interest rate differentials.- Chapter 14. Capital flow episodes and real economic costs of flow.- Chapter 15. Transitory and permanent components of the exchange rate volatility.- Chapter 16. Does the rand per US dollar exchange rate volatility impact on net asset purchases by non-residents?.- Chapter 17. The transmission of exchange rate volatility and policy uncertainty: What role does business, consumer confidence and economic growth play?.- Chapter 18. Asymmetrical real exchange rate risk and exports.- Chapter 19. Do South African exporters engage in pricing-to-market?. |
| Record Nr. | UNINA-9910255455503321 |
Ndou Eliphas
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| Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2017 | ||
| Lo trovi qui: Univ. Federico II | ||
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Global Growth and Financial Spillovers and the South African Macro-economy / / by Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata
| Global Growth and Financial Spillovers and the South African Macro-economy / / by Mthuli Ncube, Eliphas Ndou, Nombulelo Gumata |
| Autore | Ncube Mthuli |
| Edizione | [1st ed. 2016.] |
| Pubbl/distr/stampa | London : , : Palgrave Macmillan UK : , : Imprint : Palgrave Macmillan, , 2016 |
| Descrizione fisica | 1 online resource (XXI, 187 p.) |
| Disciplina | 338.968 |
| Soggetto topico |
Macroeconomics
International economic relations Knowledge management Financial services industry Macroeconomics and Monetary Economics International Economics Knowledge Management Financial Services |
| ISBN |
9781137512963
1137512962 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Record Nr. | UNINA-9910255057103321 |
Ncube Mthuli
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| London : , : Palgrave Macmillan UK : , : Imprint : Palgrave Macmillan, , 2016 | ||
| Lo trovi qui: Univ. Federico II | ||
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Inflation Dynamics in South Africa : The Role of Thresholds, Exchange Rate Pass-through and Inflation Expectations on Policy Trade-offs / / by Eliphas Ndou, Nombulelo Gumata
| Inflation Dynamics in South Africa : The Role of Thresholds, Exchange Rate Pass-through and Inflation Expectations on Policy Trade-offs / / by Eliphas Ndou, Nombulelo Gumata |
| Autore | Ndou Eliphas |
| Edizione | [1st ed. 2017.] |
| Pubbl/distr/stampa | Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2017 |
| Descrizione fisica | 1 online resource (XLVI, 525 p. 242 illus., 19 illus. in color.) |
| Disciplina | 339 |
| Soggetto topico |
Macroeconomics
Economic development Finance, Public Regional economics Space in economics Macroeconomics and Monetary Economics Economic Growth Public Economics Regional and Spatial Economics Public Finance |
| ISBN |
9783319467023
3319467026 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Chapter 1. Introduction -- Chapter 2. The Ball approach to disinflation episodes, output costs and sacrifice ratios in South Africa -- Chapter 3. The output and inflation trade-off in South Africa -- Chapter 4. Persistent exchange rate volatility on the Taylor curve. Chapter 5. Inflation and non-linear shock inflation effects on inflation volatility -- Chapter 6. Exchange rate volatility shock effects on inflation volatility -- Chapter 7. Does the volatility of the R/US$ exchange rate threshold exert non-linear effects on inflation?.-Chapter 8. Persistent and non-persistent exchange rate depreciation effects on inflation. Chapter 9. Relative services price dispersion, trend inflation and inflation volatility -- Chapter 10. Negative terms-of-trade shock, the real effective exchange rate and repo rate adjustments -- Chapter 11. Do fiscal policy variables drive inflation in the same direction? Chapter 12. What would inflation and repo rate be in the absence of increased government expenditure? -- Chapter 13. Labour productivity, unit labour costs impact on inflation: what are the implications for monetary policy? -- Chapter 14. Labour market conditions, policy rate and positive inflation shocks -- Chapter 15. Does world import growth amplify domestic inflation responses to inflationary shocks? -- Chapter 16. Where does the exchange rate pass-through to import price inflation threshold lie? -- Chapter 17. GDP growth threshold and asymmetric exchange rate pass-through to import prices -- Chapter 18. Inflation rate and R/US$ depreciation shocks on import price inflation: Inferences from deviations from the 6 per cent inflation rate -- Chapter 19. The inflation-finance-growth nexus: where does the inflation threshold lie? -- Chapter 20. The output-gap, exchange rate depreciation shock and inflation: Non-linear effects and implications for monetary policy -- Chapter 21. Do economic growth regimes impact the pass-through of exchange rate shocks to inflation? -- Chapter 22. GDP growth threshold and non-linear effects of repo rate shocks -- Chapter 23. Asymmetric effects of the repo rate and inflation rate shocks on economic growth -- Chapter 24. Do deteriorating business cycles indicators and tight credit conditions affect the repo rate adjustment to positive inflation shock? -- Chapter 25. Rand US dollar exchange rate pass-through and the inflation environment -- Chapter 26. Sovereign spreads and non-linear responses of inflation to the R/US$ exchange rate depreciation shocks -- Chapter 27. Do credit regimes play a role in the pass-through of the exchange rate depreciation shocks to inflation? -- Chapter 28. The propagating effects of inflation risk factors and the implications for the inflation outlook -- Chapter 29. Upside risk factors to the inflation outlook and long-term inflation expectations -- Chapter 30. Inflation expectations, adverse aggregate supply shock and long-term inflation expectations -- Chapter 31. Wage increases in excess of six per cent, inflationary dynamics and expectations.-. |
| Record Nr. | UNINA-9910255028203321 |
Ndou Eliphas
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| Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2017 | ||
| Lo trovi qui: Univ. Federico II | ||
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