NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Causes of the Korean Financial Crisis: Lessons for Policy

Joon-Ho Hahm, Frederic S. Mishkin

NBER Working Paper No. 7483
Issued in January 2000
NBER Program(s):   IFM

This paper uses an asymmetric information framework to understand the causes of the recent financial crisis in Korea. It shows that the Korean data is consistent with this explanation of the crisis. It then draws on this analysis to discuss several lessons that can help guide Korean policymakers in the future.

download in pdf format
   (807 K)

email paper

This paper is available as PDF (807 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w7483

Published: Shin, Inseok (ed.) The Korean Crisis, Before and After. Seoul: Korean Development Institute, 2000.

Users who downloaded this paper also downloaded these:
Frank, Kim, and Westphal An Overview
Frank, Kim, and Westphal Macroeconomic Relationships and Commercial Policy Variables
Frank, Kim, and Westphal Effects of the Exchange Rate Regime on Growth: A Simulation Approach
Frank, Kim, and Westphal Foreign Capital and the Exchange Rate Regime
Cho and West Interest Rates and Exchange Rates in the Korean, Philippine, and Thai Exchange Rate Crises
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us