Sources of variations between the inflation rates of Korea, Thailand and Indonesia during the post-1997 crisis
AbstractDespite the large number of studies done on the recent East Asian crisis, hardly any of them has however simultaneously evaluated the roots of the inflationary pressures and unearthed the sources of sharp variations between the inflation rates of the various crisis-effected economies. To help fill in this gap, our paper examines and contrasts the sources of inflation in Thailand, Indonesia and South Korea during the period of 1985 to 2001. A number of potential sources of inflation will be considered in the study. But this study pays a particular attention to the possible roles of the monetary aggregates and the exchange rate uncertainties in encapsulating the rise in the inflationary pressures and the variations between the inflation rates experienced by these economies during the 1997 crisis.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Policy Modeling.
Volume (Year): 27 (2005)
Issue (Month): 7 (October)
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Web page: http://www.elsevier.com/locate/inca/505735
Other versions of this item:
- Gulasekaran Rajaguru & Reza Siregar, 2002. "Sources of Variations Between The Inflation Rates of Korea, Thailand and Indonesia During The Post-1997 Crisis," Centre for International Economic Studies Working Papers 2002-29, University of Adelaide, Centre for International Economic Studies.
- E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
- E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
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