are the key variables explaining the movement of foreign exchange reserves before the crisis, the volatility of the …

English Abstract: Recent studies show that a monetary policy stance is an immediate determinant of inflation … persistence. This paper shows how inflation persistence has changed over time and whether monetary policy stance plays an … important role of determining inflation persistence.First, we estimate how inflation persistence has changed over time by using …

economic growth rate as well as inflation have been reduced gradually. Meanwhile, until recently since 2000, the volatility in … continue to improve since 1970, except for the financial crisis period. Not only that, it is found that its volatility of …

Korean Abstract: 본 연구는 거시경제적 변동성(macroeconomic volatility)이 국가마다 다르게 나타나는 현상의 원인을 산업구조적 차원에서 실증분석을 통해 찾아보려는 시도이다. 특히 …English Abstract: This study discusses the phenomenon behind various forms of macroeconomic volatility faced by …