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한국 통화정책의 효율성 검정

A Test on the Efficiency of Monetary Policy in Korea

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Abstract

This paper evaluates the efficiency of monetary policy in Korea within the framework of interest rate feedback rules. For this, a small open macroeconomic model is constructed in a similar fashion to Ball (1999). The model is shown to capture key features

Issue Date
2007-12-30
Publisher
한국개발연구원
Korea Development Institute
Language
en
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