In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...

Using data from publicly traded South Korean corporations for the period 1980-94, this paper finds evidence that increases in financial liberalization that accompanied the more general process of financial globalization have significantly reduced the maturity structure of corporate debt...

This Paper considers monetary and exchange rate policy in Korea since the financial crisis of 1997-98. The Bank of Korea has adopted much of the apparatus of inflation targeting, with a band for target inflation and a Monetary Policy Report to the National Assembly. This regime has served the...

This paper attempts at characterising South Korean monetary policy in the period of explicit inflation targeting started in 1999. We explain Korean interest rates in relation to an estimated macro-model, assuming that monetary policy is set optimally. This allows us to obtain the central...

The economic growth of a country depends more and more on its capacity to innovate. Japan, South Korea and the P. R. of China acquire an increasing importance in the global location competition besides some smaller Asian threshold economies. Other countries such as India make also an effort to...

Nos encontramos en un momento donde el avance científico-tecnológico ha realizado cambios, tanto económicos como sociales, políticos einternacionales. En el ámbito social estos cambios pueden observarse en el cada vezmás importante peso del sector terciario por sobre el industrial; la...

The purpose of this study is to examine the relationship between personality traits and service quality perceptions of the employees of logistics organisations. This study administered the Big-Five scale to derive the measurements of personality traits and the SERVQUAL (RATER) scale to measure...

The article deals with the social mechanism that connects modernization with democratization. Starting from a differentiation theoretical point of view, the paper argues that the major impetus for democratization is rather given by “functional antagonisms” inside the social subsystems than...

We examine gender differences in earnings among South Korean workers in 1988 - the year the South Korean National Assembly enacted the Equal Employment Opportunity Act. Using the "88 Occupational Wage Bargaining Survey on the Actual Condition," we calculate women's mean earnings as a percentage...