Analysis of changes in the relationship between exchange rates, interest rates, and capital flows before and after the economic crisis
The purpose of this paper is to investigate the interrelationships among KRW/USD exchange rate, interest rate, and foreigner’s portfolio investment to Korea before and after the crisis. Our finding is that interest rate and the exchange rate move closely with positive relation after the crisis, whic...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Korea Institute for International Economic Policy
1999-09-01
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| Series: | East Asian Economic Review |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.1999.3.3.45 |