As cross-border movements of goods, capital, and labor are intensifying, it is likely that goods markets in East Asia will become increasingly integrated. This study investigates the current state of goods market integration in East Asia by measuring the extent of cross-border price...

The implementation of inflation targeting in Korea highlights the importance of distinguishing between its symmetric and asymmetric operations. When Korea suffered from high inflation, the Bank of Korea set the inflation target at 3%, instead of 2%. Given its underlying intention to lower the...

As cross-border movements of goods, capital, and labor are intensifying, it is likely that goods markets in East Asia will become increasingly integrated. This study investigates the current state of goods market integration in East Asia by measuring the extent of cross-border price...