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Inflation Targeting In South Korea, Indonesia, The Philippines And Thailand: The Impact On Business Cycle Synchronization Between Each Country And The World

In: Global Linkages and Economic Rebalancing in East Asia

Author

Listed:
  • Takeshi Inoue

    (Institute of Developing Economies, 3-2-2 Wakaba Mihama-Ku, Chiba 261-8545, Japan)

  • Yuki Toyoshima

    (Graduate School of Economics, Kobe University, 2-1, Rokkodai, Nada-Ku, Kobe 657-8501, Japan)

  • Shigeyuki Hamori

    (Faculty of Economics, Kobe University, 2-1, Rokkodai, Nada-Ku, Kobe 657-8501, Japan)

Abstract

The following sections are included:IntroductionBackground and Features of IT in the Four Asian CountriesSouth KoreaIndonesiaThe PhilippinesThailandEffectiveness of IT in the four Asian countriesLiterature ReviewImpact of IT Adoption on Business Cycle Synchronization with the Rest of the WorldEmpirical techniquesDataEmpirical resultsConclusionAppendixReferences

Suggested Citation

  • Takeshi Inoue & Yuki Toyoshima & Shigeyuki Hamori, 2013. "Inflation Targeting In South Korea, Indonesia, The Philippines And Thailand: The Impact On Business Cycle Synchronization Between Each Country And The World," World Scientific Book Chapters, in: Takuji Kinkyo & Yoichi Matsubayashi & Shigeyuki Hamori (ed.), Global Linkages and Economic Rebalancing in East Asia, chapter 5, pages 85-108, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814412858_0005
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    Citations

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    Cited by:

    1. Faisal Rachman, 2016. "Is Inflation Target Announced by Bank Indonesia the Most Accurate Inflation Forecast?," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 62, pages 98-120, August.
    2. Ulrich Volz, 2015. "On the Future of Inflation Targeting in East Asia," Review of Development Economics, Wiley Blackwell, vol. 19(3), pages 638-652, August.
    3. Peter J. Morgan, 2013. "Monetary Policy Frameworks in Asia : Experience, Lessons, and Issues," Macroeconomics Working Papers 23639, East Asian Bureau of Economic Research.
    4. Pham, Thu Anh Thi & Nguyen, Thong Trung & Nasir, Muhammad Ali & Duc Huynh, Toan Luu, 2023. "Exchange rate pass-through: A comparative analysis of inflation targeting & non-targeting ASEAN-5 countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 87(C), pages 158-167.
    5. Yee Peng Chow & Junaina Muhammad & Bany Ariffin Amin Noordin & Fan Fah Cheng, 2017. "Macroeconomic Uncertainty in South East Asia: A Comparative Study between Malaysia and Indonesia," Research in Applied Economics, Macrothink Institute, vol. 9(4), pages 1-24, December.

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