This book presents contributions by leading academics and practitioners from central banks to shed light on the function and impact of cash in Asian countries. It explores the impact of cash on society, the role of cash in monetary policy, and the future of cash in various monetary systems,...

Chapter 1. Measuring and Fighting for Price Stability in Turbulent Times: Lessons from East Asia -- Chapter 2. The Mirages of Hedonics: Quantitative Analysis of Technological Innoation Contained in Inflation Rates -- Chapter 3. Unravelling the Mystery of Low Inflation in Korea during the Period...