De Facto Exchange Rate Regime in Korea: Is It Still A Dollar Peg?
The purpose of this paper is to test the common view on the actual exchange rate regime, using very simple but intuitive OLS regression models based on Frankel and Wei's work (1994). The results show that, firstly, East Asian countries including Korea have returned to the dollar peg or managed...
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| Format: | Article |
| Language: | English |
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Korea Institute for International Economic Policy
2002-06-01
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| Series: | East Asian Economic Review |
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| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2002.6.1.90 |