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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Korea Development Institute
2024-02-01
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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 |