, as well as in South Korea and China--two countries on different sides of the trilemma triangle of international finance …. We document that global financial shocks in both China and South Korea explain a substantial share of equity return … than 10 percent in Korea and negligible in the case of China). We also find that the combination of a closer capital …

1930s. South Korea, among the world's poorest countries in the 1960s, joined the ranks of First World economies in little … over a single generation. China now seems poised to follow a similar trajectory. All three cases highlight the importance …

prices of East Asian economies including China, Japan, Hong Kong, South Korea, and Taiwan. We find significant and positive …

China and South Korea both experienced substantial increases in household debt through 2021, and now both countries … in both countries could be quite weak in the years ahead. For China, the biggest risk is that distortions in the …

and China the loosest. The fraction of grants that are inconsistent with the office's own standard ranges from 2-6 per …

that transboundary air pollution from China significantly increases mortality and morbidity in South Korea. Using these … particle trajectory data with the universe of individual-level mortality and emergency room visit data in South Korea, we find … benefit. Finally, we examine China's strategic pollution reductions and provide their implications for the potential Coasian …

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 …