Foreign Exchange Rate Uncertainty in Korea
Applying Ismailov and Rossi (2018), I newly construct the Korea FX uncertainty based on the density distribution of historical forecast errors. This uncertainty index properly captures the rare but significant events in the Korean currency market and provides information distinct from other uncer...
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| Format: | Article |
| Language: | English |
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Korea Institute for International Economic Policy
2020-06-01
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| Series: | East Asian Economic Review |
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| Online Access: | https://dx.doi.org/10.11644/KIEP.EAER.2020.24.2.375 |