Browse by Author "Yang, Doo Yong"

  • Are Capital Controls Effective? The Case of the Republic of Korea. Asian Development Review, Vol. 29(2), pp. 96-133 

    Kim, Soyoung; Yang, Doo Yong (Asian Development Bank, 2012-08-25)
    Market economies threaten to bring about economic instability and heighten difficulties in implementing macroeconomic policies. While an option that can be taken to deal with huge capital inflows involves the use of capital controls, there is no ...
  • East Asian Economic Review September 2016 

    Bergstrand, Jeffrey H.; Choi, Byung-il; Brooks, Douglas H.; Kurmanalieva, Elvira; Yang, Doo Yong; Han, Young Wook; Kim, Jong-Hee (Korea Institute for International Economic Policy, 2016-09-30)
    The East Asian Economic Review is an economic journal, for the promotion of interdisciplinary research on international economics. Published as a quarterly by the Korea Institute for International Economic Policy, a Korean government-funded economic ...
  • International Monetary Transmission and Exchange Rate Regimes: Floaters vs. Non-Floaters 

    Kim, Soyoung; Yang, Doo Yong (Asian Development Bank, 2009-12-15)
    This paper analyzed the impact of United States (US) monetary shocks on the economies of selected East Asian countries using a structural vector autoregression model. We found that the impacts of the US monetary shocks on domestic interest rates and ...
  • Managing Capital Flows: The Case of the Republic of Korea 

    Kim, Soyoung; Yang, Doo Yong (Asian Development Bank, 2008-02-15)
    The Republic of Korea has recently experienced: (i) large capital inflows, in particular a surge in portfolio inflows, and (ii) an appreciation of asset prices, including stock prices, land prices, and nominal and real exchange rates. We first document ...
  • The Impact of Capital Inflows on Asset Prices in Emerging Asian Economies: Is Too Much Money Chasing Too Little Good? 

    Kim, Soyoung; Yang, Doo Yong (Springer, 2011-04-15)
    In recent years, emerging Asian economies have experienced (i) large capital inflows, especially a surge in portfolio inflows, and (ii) an appreciation of asset prices such as stocks, land, and nominal and real exchange rates. We empirically investigate ...
  • The Impact of Capital Inflows on Emerging East Asian Economies: Is Too Much Money Chasing Too Little Good? 

    Kimand, Soyoung; Yang, Doo Yong (Asian Development Bank, 2008-05-15)
    In recent years, emerging East Asian economies have experienced large capital inflows—especially a surge in portfolio inflows—and an appreciation of asset prices such as equities, land, and both nominal and real exchange rates. The paper reviews why a ...