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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Clinton, Kevin
Weitere Verfasser: Craig, R., Laxton, Douglas, Wang, Hou
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2019.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2019/103
Online Zugang:Full text available on IMF