Bank of Korea researchers dig into disaggregated data on inflation targeting
Disaggregated data reveals insights hidden in overall figures
Research published by the Bank of Korea emphasises the importance of studying disaggregated data when trying to gain an accurate picture of the transmission of monetary policy.
Published on July 24, the working paper Monetary policy regime change and regional inflation dynamics: looking through the lens of sector-level data for Korea, by Chi-Young Choi, Joon Yong Lee and Róisín O'Sullivan, finds the mean, volatility and persistence of inflation fell in every city in the country after Korea
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