South Africa : The Cyclical Behavior of the Markups and its Implications for Monetary Policy

The Cyclical Behavior of the Markups and its Implications for Monetary Policy

South Africa : The Cyclical Behavior of the Markups and its Implications for Monetary Policy
The study looks at the cyclical behavior of the markups and assesses its impact on inflation dynamics. The analysis finds that the aggregate level of the private sector''s markup is relatively high, thus pointing to the lack of strong competition in South Africa''s product markets. Additionally, the results suggest that the markups tend to move... READ MORE...

Publication date: August 2011
ISBN 9781463902155
$18.00

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