Full Text Available
Note: Clicking the button above will open the full text document at the original institutional repository in a new window.
Are monetary policy regimes optimal
Mini Dissertation (MBA)--University of Pretoria, 2017.
Saved in:
| Other Authors: | |
|---|---|
| Format: | Thesis |
| Language: | English |
| Published: |
University of Pretoria
2018
|
| Subjects: | |
| Tags: |
No Tags, Be the first to tag this record!
|
| _version_ | 1867613519362392064 |
|---|---|
| access_status_str | Open Access |
| author2 | Saville, Adrian |
| author_browse | Saville, Adrian |
| author_facet | Saville, Adrian |
| collection | Thesis |
| dc_rights_str_mv | © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2017. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/64847 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:37:26.341Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2018 |
| publishDateRange | 2018 |
| publishDateSort | 2018 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/64847 Are monetary policy regimes optimal Saville, Adrian ichelp@gibs.co.za Gosai, Rushai UCTD Mini Dissertation (MBA)--University of Pretoria, 2017. The primary aim of monetary policy decisions made by central banks is to keep inflation low and, in doing so, to protect the currency. There have been multiple methods in which developed and developing economies have gone about this endeavour. Literature presented in the research provides evidence that inflation targeting appears to be more optimal than non-inflation targeting regimes. The South African experience shows periods of high inflation in the late 1970Õs and 1980Õs. This leads us to believe that monetary policy was perhaps not implemented as optimally as it could have been. With this in mind, and based on the assumption on that central banks act optimally (Mishkin, 2017), the research applies the Taylor Rule and regression testing to determine whether the decisions made by the South African Reserve Bank were optimal. The research finds that over the period of 1960 to 2016, during which South Africa went through four different monetary policy regimes as well as a change of government and reintegration to the international community, monetary policy was implemented optimally. za2018 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2018-05-11T09:02:37Z 2018-05-11T09:02:37Z 30-03-18 2017 Mini Dissertation Gosai, R 2017, Are monetary policy regimes optimal, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/64847> http://hdl.handle.net/2263/64847 en © 2018 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Are monetary policy regimes optimal |
| title | Are monetary policy regimes optimal |
| title_full | Are monetary policy regimes optimal |
| title_fullStr | Are monetary policy regimes optimal |
| title_full_unstemmed | Are monetary policy regimes optimal |
| title_short | Are monetary policy regimes optimal |
| title_sort | are monetary policy regimes optimal |
| topic | UCTD |
| url | http://hdl.handle.net/2263/64847 |