Structural Shocks of the Korea Economy : A Structural VAR Approach (Written in Korean)
This paper applies a Structural VAR approach to a 4 variable system in real GNP, M2, GNP deflator and nominal monthly earnings, disentangling 4 structural shocks, i.e., aggregate demand and supply shocks, wage pushes and various forms of regulations reinforced especially during stabilization process...
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| Format: | Article |
| Language: | English |
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Korea Development Institute
1992-04-01
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| Series: | KDI Journal of Economic Policy |
| Online Access: | https://doi.org/10.23895/kdijep.1992.14.1.37 |