inflation and exchange rates maintain stability while its economy is experiencing difficulties due to the international …-of-value purposes is decreasing while the amount of foreign currency holdings for transaction purposes is intact, inflation and exchange … purposes begins to fall, exchange rates show some increase and inflation decreases. In the final stages, where the amount of …

English Abstract: This paper examines the properties of survey-based measures of inflation expectations in Korea …. Inflation expectations are found to be highly persistent and do not appear rational in the sense that all useful information … inflation are closely associated with the actual inflation around the time when expectations are formed and are not well …

, such as, domestic economic growth and inflation. In particular, the asymmetric response of macroeconomic variables to the … oil price increase shocks, it reduces economic growth and increases the inflation rate, but oil price decrease shocks do … is -0.05%, while that against the inflation rate is 0.081%. But oil production shortfall shocks do not have an asymmetric …

inflation rate during the period can be attributed to the bias. In light of purchasing power parity, we provide an …

reacted to expected inflation, output gap, and won/dollar exchange rate, as expected by theory. Second, it identifies the …, since it has the positive impact on the inflation and output in the short run. The structural core inflation due to core …English Abstract: The global financial crisis has exerted enormous impacts on the attainment of inflation target in …

. According to the inflation dynamics formula drawn under this condition, the demand pressure measured by output gap is found to … cause different impacts on inflation according to different expectation horizons. The empirical analysis of this model using …

. Fourth, firms are found to keep their product prices unchanged unless there are large changes in costs, demand or inflation … for all firms), monetary policy are found to have greater impacts on the real sector (the output gap), while having … reduced impacts on inflation. When the frequency of price adjustments increases, the effects of monetary policy are analyzed …

English Abstract: This paper analyzes the impact of foreign capital inflow on inflation, centering on the exchange rate … prices due to the won's appreciation, consequently causing the downward pressure on inflation. Meanwhile, the effect of total … demand leads to the upward pressure on inflation since foreign capital inflow encourages private consumption and investment …

English Abstract: This paper investigated the effects of capital inflow by type on domestic inflation for eight small … capital inflow had overall positive (+) effects on inflation. More specifically, first, the capital inflow by foreign equity … investments and other investments had positive (+) effects on inflation while foreign bond investments had a limited effect on …