Price Pressure Gaps : An Application of P* Using Korean Data /

This paper presents estimates of a price-pressure indicator for Korea. It does this by constructing measures of how much M2 velocity and output differ from their long-term values. This, in turn, involves estimating a demand for money function in an error correction framework in which interest rates...

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Dettagli Bibliografici
Autore principale: Haas, Richard
Altri autori: Corker, Robert
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1991.
Serie:IMF Working Papers; Working Paper ; No. 1991/026
Accesso online:Full text available on IMF