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...

Descripción completa

Detalles Bibliográficos
Autor principal: Clinton, Kevin
Otros Autores: Craig, R., Laxton, Douglas, Wang, Hou
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2019.
Colección:IMF Working Papers; Working Paper ; No. 2019/103
Acceso en línea:Full text available on IMF