Inflation Targeting and Regional Inflation Persistence: Evidence from Korea
The adoption of a credible monetary policy regime such as inflation targeting is known to reduce the persistence of inflation fluctuations. This conclusion, however, is derived from aggregate inflation or sectoral inflation rates, not from regional inflation data. This paper studies the regional di...
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Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 22-2011) |
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Format: | Arbeit |
Sprache: | Englisch |
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Philipps-Universität Marburg
2011
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MAGKS - Joint Discussion Paper Series in Economics