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Essays on the welfare implications of monetary policy, business cycle accounting, and sunspots

Kim, Geun Young - 2008

Persistent link: https://www.econbiz.de/10011401164

Equity markets' clustering and the global financial crisis

León, Carlos; Kim, Geun Young; Martínez, Constanza; … - 2016

Persistent link: https://www.econbiz.de/10011580726

Global liquidity transmission to emerging market economies, and their policy responses

Choi, Woon Gyu; Kang, Taesu; Kim, Geun Young; Lee, Byongju - In: Journal of international economics 109 (2017), pp. 153-166

Persistent link: https://www.econbiz.de/10011916589

Divergent emerging market economy responses to global and domestic monetary policy shocks

Choi, Woon Gyu; Kang, Taesu; Kim, Geun Young; Lee, Byongju - 2017

We assess the effect of the United States (US) and domestic monetary policies on emerging market economies (EMEs) using a panel factor-augmented vector autoregressive model. We find a US policy rate hike outstrips a tantamount hike in EME policy rates in its impacts on EMEs and discover that...

Persistent link: https://www.econbiz.de/10011771771

Global liquidity transmission to emerging market economies, and their policy responses

Choi, Woon Gyu; Kang, Taesu; Kim, Geun Young; Lee, Byongju - 2017

This paper distills and identifies global liquidity (GL) momenta from the macro-financial data of advanced economies through a factor model with sign restrictions as policy-driven, market-driven, and risk averseness factors. Using a panel factor-augmented VAR, we investigate responses of...