Showing 1 - 10 of 40
■ This study shows that, as an oil-importing economy, rising oil prices serve to diminish Korea’s household purchasing power and escalate production costs. The level to which economic entities are affected varies greatly depending on the degree of cost shifting. ■ According to the analysis...
Persistent link: https://www.econbiz.de/10013218176
Persistent link: https://www.econbiz.de/10010339633
Persistent link: https://www.econbiz.de/10011562975
Persistent link: https://www.econbiz.de/10011817326
This study analyzes global inflation synchronization and derives policy implications for the Korean economy. Unlike previous studies that assume a single global inflation factor, this study investigates if inflation in Korea can be explained further by other global inflation factors. Our...
Persistent link: https://www.econbiz.de/10012298159
Persistent link: https://www.econbiz.de/10011528355
링크를 클릭하시면, 이 보고서의 한국어 버전을 보실 수 있습니다.'http://ssrn.com/abstract=2949658' http://ssrn.com/abstract=2949658.■ The discrepancies in the real purchasing power of different income quintiles is due to the varying growths in nominal income created...
Persistent link: https://www.econbiz.de/10012958978
Persistent link: https://www.econbiz.de/10012819475
This study analyzes global inflation synchronization and derives policy implications for the Korean economy. Unlike previous studies that assume a single global inflation factor, this study investigates if inflation in Korea can be explained further by other global inflation factors. Our...
Persistent link: https://www.econbiz.de/10012823087
The objective of this paper is to suggest a new predictive system for international trade, based on an unobserved component model. We employ the predictive system developed by Pastor and Stambaugh (2009), which is unlike other conventional predictive regression models. This paper derives an...
Persistent link: https://www.econbiz.de/10012968343