Asymmetric Effects of Won Exchange Rate Changes
This paper analyses an asymmetric effect of exchange rate change to the unit price of export and import indices and domestic price. Using regressions and impulse response analyses, I found that obvious asymmetric effects exist in most of the relevant variables. In other words, the decrease of unit p...
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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.2002.6.1.89 |