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for estimation purpose. The results of the study reveal that in overall Asia and Central Asia, financial globalization has … globalization is reported in the context of three sub-samples i.e. East Asia, South Asia and West Asia during reference period. The …This study is an endeavor to empirically examine the long run impact of financial globalization on output volatility in …
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This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
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This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014073466
Persistent link: https://www.econbiz.de/10001522313
The paper describes the evolution of the corporate stock and bond markets in Korea and the Government’s role in this evolution and its policy with regard to internationalization of the capital market. The paper analyzes problems encountered in gradually opening the Korean capital market to...
Persistent link: https://www.econbiz.de/10014395771