Labour Market and Fiscal Policy Adjustments to Shocks

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

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