Causes of the Korean Financial Crisis : Lessons for Policy

Joon-Ho Hahm, Frederic S. Mishkin

This paper uses an asymmetric information framework to understand the causes of the recent financial crisis in Korea. It shows that the Korean data is consistent with this explanation of the crisis. It then draws on this analysis to discuss several lessons that can help guide Korean policymakers in the future

MoreLess

Year of publication:	January 2000
Authors:	Hahm, Joon-Ho
Other Persons:	Mishkin, Frederic S. (contributor)
Institutions:	National Bureau of Economic Research (contributor)
Publisher:	Cambridge, Mass : National Bureau of Economic Research
Subject:	Finanzkrise \| Financial crisis \| Südkorea \| South Korea \| Geldpolitik \| Monetary policy \| Moral Hazard \| Moral hazard \| Adverse Selektion \| Adverse selection \| Bankenaufsicht \| Banking supervision \| Betriebliche Liquidität \| Corporate liquidity \| Asymmetrische Information \| Asymmetric information \| Bankrechnungslegung \| Bank accounting

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource
Series:	NBER working paper series ; no. w7483
Type of publication:	Book / Working Paper
Language:	English
Notes:	Mode of access: World Wide Web System requirements: Adobe [Acrobat] Reader required for PDF files Hardcopy version available to institutional subscribers.
Other identifiers:	10.3386/w7483 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012471293