Browsing Department of Economics by Subject "Financial Markets"
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'How Successful was the South African Reserve Bank in Making Monetary Policy Predictable and Transparent?'
(University of Western Cape, 2004)This paper uses 3 - month and 12 - month market Negotiable Certificates of ( I . Deposit (NCO) rates to test whether greater transparency by the South African Reserve Bank has reduced expectational errors in the money ...