Central Banks’ Response to Inflation, Output Gap, and Exchange Rate in Nigeria and South Africa
In Africa, a number of countries like South Africa have adopted inflation targeting. In Nigeria, different monetary policy regimes have been adopted over the years with rather unsatisfactory success. This study examines inflation targeting in Nigeria and South Africa, using fully modified least squa...
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Format: | Article |
Language: | English |
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Taylor & Francis Group
2021-01-01
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Series: | Cogent Business & Management |
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Online Access: | http://dx.doi.org/10.1080/23311975.2021.1964689 |