Inflation Targeting in Korea : An Empirical Exploration /

The revised Bank of Korea Act states that the primary goal of monetary policy is price stability, suggesting that monetary policy will move toward an inflation-targeting framework. The paper explores some of the practical aspects of this move, including such issues as the predictability of inflation...

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Bibliographic Details
Main Author: Hoffmaister, Willy
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/007
Online Access:Full text available on IMF