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Bank Credit Extension and Real Economic Activity in South Africa 2017: The Impact of Capital Flow Dynamics, Bank Regulation and Selected Macro-Prudential Tools

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This book presents empirical evidence that supports and facilitates a practical, integrated approach to how bank regulatory and selected macro-prudential tools interact with monetary policy to achieve price and financial stability. The empirical results contained in various chapters accompany in-depth historical analysis and counterfactual scenarios that enable proper policy evaluation and the interaction of bank regulatory, macro-prudential and monetary policy tools in South Africa. The presented evidence also ...

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