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150128 ||| eng |
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|a 9781451842395
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| 100 |
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|a Hoffmaister, Willy
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| 245 |
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|a Inflation Targeting in Korea
|b An Empirical Exploration
|c Willy Hoffmaister
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1999
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| 300 |
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|a 55 pages
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| 651 |
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4 |
|a Korea, Republic of
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| 653 |
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|a Inflation
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| 653 |
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|a Monetary economics
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| 653 |
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|a Inflation targeting
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| 653 |
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|a Economic Forecasting
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| 653 |
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|a Deflation
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Monetary policy frameworks
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| 653 |
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|a Economic forecasting
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| 653 |
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|a Money
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| 653 |
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|a Forecasting
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| 653 |
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|a Money supply
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| 653 |
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|a Price Level
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| 653 |
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|a Monetary base
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| 653 |
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|a Forecasting and Other Model Applications
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| 653 |
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|a Prices
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Monetary policy
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Money and Monetary Policy
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781451842395.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/1999/007/001.1999.issue-007-en.xml?cid=2880-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a The 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
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