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...

Повний опис

Бібліографічні деталі
Автор: Clinton, Kevin
Інші автори: Craig, R., Laxton, Douglas, Wang, Hou
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2019.
Серія:IMF Working Papers; Working Paper ; No. 2019/103
Онлайн доступ:Full text available on IMF