KIEP Working Paper

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  • A Quantitative Trade Model with Unemployment 

    Lee, Kyu Yub (Korea Institute for International Economic Policy, 2018-10-15)
    This paper emphasizes the role of labor market frictions, which is largely neglected in quantitative trade models that usually assume full-employment. Labor market frictions can contribute to a source of comparative advantage, thus affecting trade ...
  • Exchange Rates and Firm Exports: The Role of Foreign Ownership and Subsidiaries 

    Choi, Hyelin; Kim, Hyo Sang (Korea Institute for International Economic Policy, 2018-10-10)
    This paper examines the role of global production linkages on exchange rate elasticities by using Korean firm-level data. At firm-level, foreign-owned firms or firms with foreign subsidiaries participated in the Global Value Chains (GVC) play an important ...
  • Financial Market Integration and Income Inequality 

    Jung, Jae Wook; Kim, Kyunghun (Korea Institute for International Economic Policy, 2018-07-20)
    Over the past decades, financial markets have been integrated across countries while income inequality has increased in most countries. This paper studies the effect of financial market integration on income inequality and investigates whether the ...
  • Vietnam’s Low National Competitiveness: Causes, Implications and Suggestions for Improvement 

    Le, Quoc Phuong (Korea Institute for International Economic Policy, 2018-04-04)
    The World Economic Forum’s (WEF) annual assessment using the Global Competitiveness Index (GCI) since 2006 shows that Vietnam’s national competitiveness has been relatively low. Globally, Vietnam has been in the middle of economies surveyed. Regionally, ...

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