Mun, U-sik - In: Monetary policy implementation in East Asia, (pp. 31-42). 2020
The implementation of inflation targeting in Korea highlights the importance of distinguishing between its symmetric … around 3%, its operation of inflation targeting was not necessarily a failure even when the inflation rate fell below 2%. In … and asymmetric operations. When Korea suffered from high inflation, the Bank of Korea set the inflation target at 3 …