Measures of Underlying Inflation and Evaluation of Inflation Targeting with Global Crisis in Korea

The global financial crisis has exerted enormous impacts on the attainment of inflation target in Korea. The annual average CPI inflation was 3.3% during the targeting period of 2007-2009 and the target was 3.0±0.5%. Thus Korea has succeeded in keeping annual average CPI inflation just below the upp...

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Bibliographic Details
Main Author: Park, Won-Am
Format: Article
Language:English
Published: Korea Development Institute 2010-09-01
Series:KDI Journal of Economic Policy
Subjects:
Online Access:https://doi.org/10.23895/kdijep.2010.32.3.1