The Dynamics of Korean Stock Market in Response to Fiscal and Monetary Shocks Around Foreign Currency Crisis and Stock Market Opening.

This paper investigates the effectiveness of economic policy on the stock market in Korea around foreign currency crisis and stock market opening. For this purpose, the paper applied SUR technique to a set of monthly data over the period 1982.01 to 2004.12. The study finds the following results. Fir...

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Bibliographic Details
Main Author: Jeong, Jin ho
Format: Article
Language:English
Published: Korea Development Institute 2005-12-01
Series:KDI Journal of Economic Policy
Subjects:
SUR