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Can We Predict Exchange Rate Movements at Short Horizons?

Cheong, Chongcheul; Young‐Jae Kim; Seong‐Min Yoon - In: Journal of Forecasting 31 (2012) 7, pp. 565-579

Persistent link: https://www.econbiz.de/10011006273

Regime changes and econometric modeling of the demand for money in Korea

Cheong, ChongCheul - In: Economic Modelling 20 (2003) 3, pp. 437-453

Persistent link: https://www.econbiz.de/10005235337

The effects of exchange rate volatility on price competitiveness and trade volumes in the UK: A disaggregated approach

Cheong, Chongcheul; Mehari, Tesfa; Williams, Leighton … - In: Journal of Policy Modeling 27 (2005) 8, pp. 961-970

Persistent link: https://www.econbiz.de/10005363896

What Caused the Korean Currency Crisis in 1997? *: Weak Fundamentals or Self-fulfilling Expectations *

Ha, In-Bong; Lee, Bong-Soo; Cheong, Chongcheul - In: Asian Economic Journal 21 (2007) 2, pp. 195-206

The present paper investigates which factor is primarily responsible for the sharp depreciation of the Korean won against the US dollar in 1997, using a bivariate vector autoregressive model of real and nominal exchange rates. In the present study, we directly identify the relative importance of...

Persistent link: https://www.econbiz.de/10005143294

Do strategic alliances in a developing country create firm value? Evidence from Korean firms

Lee, Hyunchul; Cho, Euije; Cheong, Chongcheul; Kim, Jinsu - In: Journal of Empirical Finance 20 (2013) C, pp. 30-41

This paper examines the impact of strategic alliances on the increment of firm value in the case of Korean firms. For this, we apply an event study using OLS and GARCH market models. The results of our study show that, strategic alliances in Korea produce significant positive abnormal returns...

Persistent link: https://www.econbiz.de/10010608118

Dynamic Links Between Unexpected Exchange Rate Variation, Prices, and International Trade

Cheong, Chongcheul; Mehari, Tesfa; Williams, Leighton - In: Open Economies Review 17 (2006) 2, pp. 221-233

This paper investigates dynamic interrelations between exchange rate uncertainty, international trade, and trading competitiveness in prices, using UK data. The empirical results derived from vector autoregressive (VAR) models show that a shock to exchange rate volatility negatively affects...

Persistent link: https://www.econbiz.de/10005714991

The Effect of Exchange Rate Uncertainty on US Imports from the UK: Consistent OLS Estimation with Volatility Measured by An ARCH-type Model

Podivinsky, Jan M.; Cheong, Chongcheul; Lu, Maozu - Econometric Society - 2004

This paper investigates the effect of exchange rate volatility on US-UK bilateral trade flows. As part of econometric problems arising from a generated variable, we consider a special case when an ARCH type auxiliary model is used to measure uncertainty in the exchange rate and discuss a...

Persistent link: https://www.econbiz.de/10005063661

Exchange rate uncertainty, UK trade and the euro

Pattichis, Charalambos; Cheong, Chongcheul; Mehari, Tesfa; … - In: Applied Financial Economics 14 (2004) 12, pp. 885-893

The impact of exchange rate uncertainty on the disaggregated imports of the UK is investigated by focusing on 15 major manufacturing categories. Contrary to several previous theoretical and empirical studies, this paper finds no evidence that exchange rate uncertainty has a positive impact on...

Persistent link: https://www.econbiz.de/10005485330

Does the risk of exchange rate fluctuation really affect international trade flows between countries?

Cheong, Chongcheul - In: Economics Bulletin 6 (2004) 4, pp. 1-8

This paper investigates the effect of exchange rate volatility on the UK's import trade. As part of econometric problems arising from a measured volatility, we consider a special case when an ARCH type auxiliary model is used to measure uncertainty in the exchange rate, and discuss a procedure...

Persistent link: https://www.econbiz.de/10005416915

The effect of exchange rate uncertainty on US imports from the UK: Consistent OLS estimation with volatility measured by an ARCH-type model

Podivinsky, Jan M; Cheong, Chongcheul; Lu, Maozu - Econometric Society - 2004

Persistent link: https://www.econbiz.de/10005702708