Optimal Monetary Policy System for Both Macroeconomics and Financial Stability

The Bank of Korea, through a legal amendment in 2011 following the financial crisis, was entrusted with the additional responsibility of financial stability beyond its existing mandate of price stability. Since then, concerns have been raised about the prolonged increase in household debt compared t...

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Bibliographic Details
Main Authors: Joonyoung Hur, Hyoung Seok Oh
Format: Article
Language:English
Published: Korea Development Institute 2024-02-01
Series:KDI Journal of Economic Policy
Subjects:
Online Access:https://kdijep.org/v.46/1/91/Optimal+Monetary+Policy+System+for+Both+Macroeconomics+and+Financial+Stability