This paper examines the short-run and long-run relation between volatility in the real effective exchange rate and stock returns in the Republic of Korea. A trivariate vector autoregressive model is…
January 17, 2017
In 2013, two countries in East Asia launched their respective visions for an East-meets-West integrated region: China pronounced one of the most ambitious foreign economic strategies in modern times by…
November 16, 2016
This study explores the organization of the Korean labor market, systemic faults in it leading to undesirable outcomes and their determinants, and consequences for workers and employers. Long-term implications for…
October 28, 2016
The most noticeable shift of diplomacy and security strategy in Xi Jinping’s government is the evolution of peripheral diplomacy. China’s East Asia strategy is especially evolving in response to Washington’s…