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The book provides empirical evidence on the interaction between bank regulation, macro-prudential tools, and monetary policy in achieving price and financial stability in South Africa. It features in-depth historical analyses and counterfactual scenarios to evaluate policies, highlighting episodes of financial asset booms and busts. The authors examine how commodity prices and capital inflow shocks amplify credit dynamics, using extensive statistical methods to analyze various economic variables and derive policy recommendations related to global liquidity and financial regulations.
Achat du livre
Bank Credit Extension and Real Economic Activity in South Africa, Nombulelo Gumata, Eliphas Ndou
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- Année de publication
- 2017
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