the level of population aging increases, the household savings ratio and the share of households' investment in risky …

직접투자(direct investment) 형태일수록 신흥국이 더 많은 외환보유액 축적으로 대응하는 것으로 나타났다 … inflows in Emerging Market Economies (EMEs). We introduce a novel theory that identifies an additional rationale for reserve … optimal for EMEs to save abroad to smooth consumption. However, financial frictions may hinder private sector investment …

monetary policy transmission mechanism to confirm whether the monetary policy affect corporate investment or not. Unbalanced …

English Abstract: According to the production smoothing hypothesis of inventory investment, firms hold inventories to … examine the determinants of inventory investment, we conducted a micro-dynamic analysis using the micro-level corporate panel … investment dynamics on the business cycle …

가져오는 양( )의 투자고유충격(investment- specific technology shocks; 이하 IST충격)이 근로자의 근로유형별 임금 및 고용의 격차(비율)에 어떤 영향을 미치는지 중점적으로 분석하였다 …English Abstract: This paper aims to assess the effect of investment-specific technology shocks(IST shocks) on the gap …