A comparative analysis of the divisia index and the simple sum monetary aggregates for South Africa
The effectiveness of monetary policy in achieving its macroeconomic objectives such as price stability and economic growth depend on the monetary policy tools that are implemented by the Central Bank. Monetary aggregates are one of the tools that have been used as indicators of economic activity and...
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Format: | Others |
Language: | English |
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Rhodes University
2009
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Online Access: | http://hdl.handle.net/10962/d1002679 |