English, Article, Journal or magazine article edition: Inflation and the role of wages in South Africa: A co-integration analysis Ben Smit; Stan du Plessis

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Bookmark: http://trove.nla.gov.au/version/3657
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Inflation and the role of wages in South Africa: A co-integration analysis
Author
  • Ben Smit
  • Stan du Plessis
Physical Description
  • preprint
Notes
  • An explanation of inflation that focuses on the costs of production, wages (or unit labour costs) plays a central role. In South Africa, the recent change to an inflation-targeting monetary policy framework and the relative strong role of trade unions has increased the need to understand and quantify the interaction between inflation and wages. The purpose of the working paper is to investigate this relationship empirically, on both the aggregate and sectoral levels, using multivariate co-integration techniques.
  • South Africa: wages, unit labour costs, costs of production
  • RePEc:ctw:wpaper:9669
Language
  • English
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