Business Cycles in Korea: Insights from a TANK Model
This paper sets up a medium-scale small open economy TANK model with incomplete markets to address business cycles in Korea extensively. The estimated model via Bayesian estimation methodology shows that the fraction of households who lack access to financial markets increased from 30 percent to 40...
Gorde:
| Egile Nagusiak: | , |
|---|---|
| Formatua: | Artigo |
| Hizkuntza: | Inglês |
| Argitaratua: |
Korea Institute for International Economic Policy
2025-09-01
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| Saila: | East Asian Economic Review |
| Gaiak: | |
| Sarrera elektronikoa: | https://dx.doi.org/10.11644/KIEP.EAER.2025.29.3.452 |
| Etiketak: |
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