소장기록

제목WP 99.20 Credit Allocation and Financial Crisis in Korea


설명The revised Bank of Korea Act states that the primary goal of monetary policy is price stability, suggesting that monetary policy will move toward an inflation-targeting framework. The paper explores some of the practical aspects of this move, including such issues as the predictability of inflation, the definition of the price index, the inflation target's time horizon, and the width of the inflation-target bands. On balance, the empirical evidence suggests that Korea is likely to be successful in adopting an inflation-targeting framework over the medium term.


생산자IMF


날짜1999-02-00


기록유형문서류


기록형태회의록/자료


주제IMF협상


식별번호KC-R-01080


제목WP 99.20 Credit Allocation and Financial Crisis in Korea


설명The revised Bank of Korea Act states that the primary goal of monetary policy is price stability, suggesting that monetary policy will move toward an inflation-targeting framework. The paper explores some of the practical aspects of this move, including such issues as the predictability of inflation, the definition of the price index, the inflation target's time horizon, and the width of the inflation-target bands. On balance, the empirical evidence suggests that Korea is likely to be successful in adopting an inflation-targeting framework over the medium term.


생산자IMF


날짜1999-02-00


크기 및 분량56쪽


언어영어


출처IMF


기록유형문서류


기록형태회의록/자료


대주제IMF협상


소주제후속조치


자원유형기록


파일 cf7eb64a84fa5a0c2d90e873a59181e7.pdf