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Real interest rate persistence in South Africa: Evidence and implications

Author: Das, Sonali ; Gupta, R ; Kanda, PT ; Reid, M ; Tipoy, CK ; Zerihun, MF Date: Dec 2012 The real interest rate is a very important variable in the transmission of monetary policy. It features in vast majority of financial and macroeconomic models. Though the theoretical importance of the real interest rate has generated a sizable ... Read more

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Browsing by Subject "Microeconomic models"

Browsing by Subject "Microeconomic models"

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