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- W2198999073 abstract "A BEER-based measure of the Korean Won/dollar is estimated using the cointegration methods of Johansen(1995). Impulse response analysis shows that the responses of the real exchange rate to the various shocks differ. Variance decomposition anylysis demonstrates that the net foreign asset and productivity differential plays a important role in explaining the behavior of real exchange cointegrating equation reveals the periods of overvaluation in the 1990s until the 1997 financial crisis." @default.
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- W2198999073 date "2006-01-01" @default.
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- W2198999073 title "Estimating Equilibrium Won/dollar Real Exchange Rate: A Behavioral Approach" @default.
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