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

Volume/Issue: 2011/204

Series: IMF Working Papers

Author(s): Nir Klein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

ISBN: 9781463902155

Keywords: Counter-cyclical markups, output gap-inflation co-movement, inflation, gdp deflator, monetary economics, inflation targeting framework, Market Structure and Pricing: Oligopoly and Other Forms of Market Imperfection,

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...

South Africa
			: 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 »

Volume/Issue: 2011/204

Series: IMF Working Papers

Author(s): Nir Klein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2011

DOI: http://dx.doi.org/10.5089/9781463904258.001

ISBN: 9781463902155

Keywords: Counter-cyclical markups, output gap-inflation co-movement, inflation, gdp deflator, monetary economics, inflation targeting framework, Market Structure and Pricing: Oligopoly and Other Forms of Market Imperfection,

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...