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Korea and the United States. Our main results are that the security of property varies with experimental institutions, and …
Persistent link: https://www.econbiz.de/10009683449
We examine settings - such as litigation, labor relations, or arming and war - in which players first make non …
Persistent link: https://www.econbiz.de/10012156576
The prospect of creating a currency union consisting of China, Japan, and Korea is evaluated using output data. After a …
Persistent link: https://www.econbiz.de/10011450312
This study examines the impact of investors' buy and sell trades on Korean stock market volatility across two crisis events, the Asian crisis of 1997 and the 2008 global financial crash. We investigate the trading behaviour of domestic vs. foreign and institutional vs. individual investors. Our...
Persistent link: https://www.econbiz.de/10012138660
This paper explores the link between monetary policies of large industrial countries and international credit cycles. Based on an overinvestment framework, we show that in the prevailing asymmetric world monetary system, monetary policies of large centre countries can fuel credit booms in...
Persistent link: https://www.econbiz.de/10010337620
We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two …
Persistent link: https://www.econbiz.de/10009630124
Persistent link: https://www.econbiz.de/10003397221
We exploit a series of public-sector entity relocations in South Korea as an exogenous source of variation in public …
Persistent link: https://www.econbiz.de/10014450751
This paper investigates the economic costs of the recent United Nations sanctions on North Korea. Exploiting a novel …
Persistent link: https://www.econbiz.de/10014336441
In the mid 19th century, pre-colonial Korea under the Joseon dynasty was increasingly isolated and lagging behind in … its economic development. Joseon Korea was forced to sign unequal treaties with foreign powers as a result of which …
Persistent link: https://www.econbiz.de/10012415933