Labour Market and Fiscal Policy Adjustments to Shocks (eBook, PDF)

Labour Market and Fiscal Policy Adjustments to Shocks (eBook, PDF)

The Role and Implications for Price and Financial Stability in South Africa

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Showcases the implications of the national minimum wage on the price stability mandate by bringing the South African labour market structure into the discussion Deals with diverse indicators of the labor market developments by constructing labour market conditions indices Discusses the role of labour market conditions channel and tests whether labour market conditions matter for credit dynamics Introduces the role of fiscal policy within price stability Explores the potency of the output channel of borrowing costs and sovereign debt changes

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