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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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 22-2011)
Main Author:	Tillmann, Peter
Format:	Work
Language:	English
Published:	Philipps-Universität Marburg 2011
Subjects:	inflation targeting monetary policy regime, regional inflation inflation persistence Wirtschaft factor model Economics
Online Access:	PDF Full Text
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