適正 貨幣政策을 위한 金融指標 選定에 관한 硏究 = Selecting appropriate monetary targets for optimal monetary policy

다국어 초록 (Multilingual Abstract)

Monetary policy is often judged by the goals of monetary policy: full employment, stable prices, economic growth and balance of payments equilibrium. Monetary targets are selected as the intermediate objectives for these goals. However, the use of monetary targets is uncertain and this uncertainty may limit the effectiveness of monetary policy on economic activities. Therefore, it is necessary to use interest rates targets together with monetary targets and to reduce disturbing factors surrounding money markets for an optimal monetary policy.