Kim, Yun Jung; Kwark, Noh-sun - 2023
English Abstract: This study examines the influence of global and country factors on inflation movements in Korea using โฆ a multilevel factor model. Our results indicate that global factors were significant drivers of inflation in Korea โฆ during the high inflation era of the 1970s, as well as in recent periods following the COVID-19 pandemic. On the other hand โฆ