The Effect of Quantitative Easing on Inflation in Korea

This paper evaluates the whole impact of quantitative easing on inflation in Korea implemented by the central banks in four major advanced economies, the U.S., Euro Area, U.K. and Japan. According to the analysis employing a VAR-X model with the security holdings of those central banks an exogenous...

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Bibliographic Details
Main Author: Min-Ho Nam
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2018-12-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.EAER.2018.22.4.352