TY  - JOUR
AU  - Hahm,Joon-Ho
AU  - Mishkin,Frederic S.
TI  - Causes of the Korean Financial Crisis: Lessons for Policy
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 7483
PY  - 2000
Y2  - January 2000
UR  - http://www.nber.org/papers/w7483
L1  - http://www.nber.org/papers/w7483.pdf
N1  - Author contact info:
Frederic S. Mishkin
Columbia University
Graduate School of Business
Uris Hall 817
3022 Broadway
New York, NY 10027
Tel: 212-854-3488
Fax: 212/662-8474
E-Mail: fsm3@columbia.edu
AB  - 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.
ER  -