Strengthening the Monetary Policy Framework in Korea /

Adoption of inflation targeting by the Bank of Korea (BOK) in 1998 contributed to low and stable inflation. However, after the global financial crisis (GFC) monetary policy faced more challenging conditions. Inflation slipped below the target range in 2012 and remains below it despite a cut in the t...

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Bibliografiske detaljer
Hovedforfatter: Clinton, Kevin
Andre forfattere: Craig, R., Laxton, Douglas, Wang, Hou
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2019.
Serier:IMF Working Papers; Working Paper ; No. 2019/103
Online adgang:Full text available on IMF