Korea relative to the US. Our comparative analysis, using macro-level and harmonized longitudinal household financial data …

We study whether tariff preferences conferred on South Korean goods through the implementation of the Korea-U.S. Free … magnitude as the increase in the U.S. bilateral goods trade deficit with South Korea. Thus, while increased U.S. imports from … South Korea may have increased the U.S.-South Korea bilateral trade deficit, the fact that KORUS diverted U.S. import demand …

million more full-time workers on four-day weeks. The same growth occurred in the Netherlands, Germany, and South Korea. The …

and II, which would seemingly increase uncertainty. In a seminal paper, Schwert (1989) identified the "war puzzle" as one …

This paper measures the effects of the risk of war on nine U.S. financial variables using a heteroskedasticity …-based estimation technique. The results indicate that increases in the risk of war cause declines in Treasury yields and equity prices …, a widening of lower-grade corporate spreads, a fall in the dollar, and a rise in oil prices. This war risk factor …

Why do wars occur? We exploit a natural experiment to test the longstanding hypothesis that leaders declare war because …: World War I, World War II, the Korean War, and the Vietnam War. We test for agency problems by comparing the voting behavior …