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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Dettagli Bibliografici
Autore principale: Clinton, Kevin
Altri autori: Craig, R., Laxton, Douglas, Wang, Hou
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2019.
Serie:IMF Working Papers; Working Paper ; No. 2019/103
Accesso online:Full text available on IMF