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Household debt, the savings rate and monetary policy: the Korean experience

In: Household debt: implications for monetary policy and financial stability

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  • Kyuil Chung

    (Bank of Korea)

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  • Kyuil Chung, 2009. "Household debt, the savings rate and monetary policy: the Korean experience," BIS Papers chapters, in: Bank for International Settlements (ed.), Household debt: implications for monetary policy and financial stability, volume 46, pages 83-94, Bank for International Settlements.
    • Handle: RePEc:bis:bisbpc:46-10
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    File URL: http://www.bis.org/publ/bppdf/bispap46j.pdf
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    References listed on IDEAS

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    1. Jordi Galí & J. David López-Salido, 2003. "Rule-of-Thumb Consumers and the Design of Interest Rate Rules," Working Papers 104, Barcelona School of Economics.
    2. Amato, Jeffery D. & Laubach, Thomas, 2003. "Rule-of-thumb behaviour and monetary policy," European Economic Review, Elsevier, vol. 47(5), pages 791-831, October.
    3. N. Gregory Mankiw, 2000. "The Savers-Spenders Theory of Fiscal Policy," American Economic Review, American Economic Association, vol. 90(2), pages 120-125, May.
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    Cited by:

    1. Selen Andic, 2016. "The Composition of Growth Matters : South Korea vs. Turkey," CBT Research Notes in Economics 1629, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    2. Andrew Filardo & Stephen Grenville, 2012. "Central bank balance sheets and foreign exchange rate regimes: understanding the nexus in Asia," BIS Papers chapters, in: Bank for International Settlements (ed.), Are central bank balance sheets in Asia too large?, volume 66, pages 76-110, Bank for International Settlements.

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