The effects of globalization on macroeconomic dynamics in a trade-dependent economy: The case of Korea

Fabio Milani and Sung Ho Park

Economic Modelling, 2015, vol. 48, issue C, 292-305

Abstract: This paper studies the implications of globalization for the dynamics of macroeconomic variables over the business cycle for a small open trade-dependent economy, such as South Korea.

Keywords: Globalization; Inflation dynamics; Global slack hypothesis; Inflation expectations; Openness; Small open economy DSGE model; Korea (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (10)

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Related works:
Working Paper: The Effects of Globalization on Macroeconomic Dynamics in a Trade-Dependent Economy: the Case of Korea (2014)
Working Paper: The Effects of Globalization on Macroeconomic Dynamics in a Trade-Dependent Economy: the Case of Korea (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:48:y:2015:i:c:p:292-305

DOI: 10.1016/j.econmod.2014.10.042

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