Investment during the Korean Financial Crisis: A Structural Econometric Analysis
---- Acknowledgements -----
We thank Kevin Cowan, Philippe Bachetta, seminar participants at the Bank of Canada, the Bank of Japan, the Federal Reserve Bank of San Francisco, the Board of Governors of the Federal Reserve, Boston University, Brandeis University, the IIE at Stockholm University, the LSE, MIT, the University of Pennsylvania, and conference participants at the CEPR/Bank of Finland, the NBER Summer Institute, and Pennsylvania State University. Simon Gilchrist thanks the National Science Foundation for financial support. The views expressed in this paper are solely the responsibility of the authors and should not be interpreted as reflecting the views of the Board of Governors of the Federal Reserve System, anyone associated with the Federal Reserve System, or the National Bureau of Economic Research.