Figures & data
Source: South African Reserve Bank and authors’ calculations
Inflation targeting was adopted in February 2000
Source: Author’s calculations
The ordering of variables in ordering 1 is as follows: GDP growth, infl_dummy and Gini growth. The ordering of variables in ordering 2 is as follows Gini growth, infl_dummy and GDP growth. The infl_dummy refers to the dummies for inflation within 3 to 6 per cent and when above 6 per cent as defined in an earlier section.
Source: Authors’ calculations
Ordering of the variables: GDP growth, employment growth, inflation and gini growth
Source: Authors’ calculations
Ordering of the variables: GDP growth, employment growth, inflation and Gini growth
Source: Authors’ calculations
Ordering of the variables: GDP growth, employment growth, inflation and Gini growth
Source: Authors’ calculations
Ordering of the variables: GDP growth, employment growth, inflation, and Gini coefficient growth.
Data availability statement
The data that support the findings of this study are available from the author, upon reasonable request.