English Abstract: This study examines the influence of global and country factors on inflation movements in Korea using … a multilevel factor model. Our results indicate that global factors were significant drivers of inflation in Korea … during the high inflation era of the 1970s, as well as in recent periods following the COVID-19 pandemic. On the other hand …

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 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 …

. Fourth, firms are found to keep their product prices unchanged unless there are large changes in costs, demand or inflation … reduced impacts on inflation. When the frequency of price adjustments increases, the effects of monetary policy are analyzed …

is an econometric estimation of the price stabilization due to FTAs and an analysis of how FTAs affect inflation rates …English Abstract:This study empirically estimates how much FTAs affect domestic inflation rates. Most previous studies … the weighted price index, we find that FTAs reduce the CPI inflation rate by 0.76%p at an annual basis from the second …

English Abstract: The global financial crisis has exerted enormous impacts on the attainment of inflation target in … Korea. The annual average CPI inflation was 3.3% during the targeting period of 2007-2009 and the target was 3.0±0.5%. Thus … Korea has succeeded in keeping annual average CPI inflation just below the upper limit of the 2007-2009 target under the …