Investment during the Korean financial crisis: A structural econometric approach
Jae Sim and
Simon Gilchrist
Additional contact information
Jae Sim: Boston University
No 53, 2007 Meeting Papers from Society for Economic Dynamics
Abstract:
Although our estimates suggest that foreign-denominated debt had relatively little effect on aggregate investment spending for the Korean economy during this crisis episode, counterfactual experiments imply sizeable contractions in investment through this mechanism for economies that are more heavily dependent on foreign-denominated debt.
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (29)
Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2007/paper_53.pdf (application/pdf)
Related works:
Working Paper: INVESTMENT DURING THE KOREAN FINANCIAL CRISIS: A STRUCTURAL ECONOMETRIC APPROACH (2007)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:red:sed007:53
Access Statistics for this paper
More papers in 2007 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().