000			02094nam a22003854a 4500
001			WPIEA0261991
003			IMF
005			20190405152912.0
006			m o d
007			cr cn|||||||||
008			020129s1991 dcu o i00 0 eng d
020			_a1451981724 : _c15.00 USD
020			_z9781451981728
022			_a1018-5941
024	7		_a10.5089/9781451981728.001 _2doi
035			_a(IMF)WPIEA0261991
040			_aDcWaIMF _beng
100	1		_aHaas, Richard D.
245	1	0	_aPrice Pressure Gaps _h[electronic resource] : _bAn Application of P* Using Korean Data / _cRichard D Haas.
260			_aWashington, D.C. : _bInternational Monetary Fund, _c1991.
300			_a1 online resource (26 p.)
490	1		_aIMF Working Papers; Working Paper ; _vNo. 91/26
520	3		_aThis paper presents estimates of a price-pressure indicator for Korea. It does this by constructing measures of how much M2 velocity and output differ from their long-term values. This, in turn, involves estimating a demand for money function in an error correction framework in which interest rates in the unorganized money market help to account for the effects of ongoing financial liberalization. An equation explaining the Korean inflation rate is identified in which both the monetary variable--the velocity gap--and the real variable--the output gap--play important roles.
588			_aDescription based on print version record.
650		7	_aCointegration _2imf
650		7	_aEquation _2imf
650		7	_aMoney Demand _2imf
650		7	_aTime Series _2imf
651		7	_aKorea, Republic of _2imf
700	1		_aCorker, Robert J.
700	1		_aHaas, Richard D.
776	0	8	_iPrint Version: _aHaas, Richard D. _tPrice Pressure Gaps : An Application of P* Using Korean Data _dWashington, D.C. : International Monetary Fund, 1991. _z9781451981728
830		0	_aIMF Working Papers; Working Paper ; _vNo. 91/26
856	4	0	_uhttp://elibrary.imf.org/view/IMF001/05402-9781451981728/05402-9781451981728/05402-9781451981728.xml _zIMF e-Library
856	4	0	_uhttp://www.imfbookstore.org/IMFORG/9781451981728 _zIMF Book Store
999			_c147450 _d147450