KIEP Reports: Recent submissions

Results 1-4 of 68

  • The Motivating Role of Sentiment in ESG Performance: Evidence from Japanese Companies 

    Vuong, Ngoc Bao; Suzuki, Yoshihisa (Korea Institute for International Economic Policy, 2021-06-30)
    The paper investigates investor sentiment’s role in boosting Japanese companies to enhance their environmental, social, and corporate governance (ESG) performance. Using ESG scores of 367 firms between 2005 and 2019 from the ASSET4 database, we find ...
  • Financial Market Integration and Income Inequality 

    Jung, Jae Wook; Kim, Kyunghun (Korea Institute for International Economic Policy, 2021-06-30)
    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 this ...
  • The COVID-19 and Stock Return Volatility: Evidence from South Korea 

    Pyo, Dong-Jin (Korea Institute for International Economic Policy, 2021-06-30)
    This study examines the impact of the number of coronavirus cases on regime-switching in stock return volatility. This study documents the empirical evidence that the COVID-19 cases had an asymmetric effect on the regime of stock return volatility. ...
  • Does Inward Foreign Direct Investment Affect Productivity across Industries in Korea? 

    Jang, Yong Joon (Korea Institute for International Economic Policy, 2021-06-30)
    This paper empirically examines whether and how inward foreign direct investment (FDI) affected industrial productivity in Korea during the 2000-2016 period, based on dynamic panel data of inflow FDI on an arrival basis from 427 manufacturing industries. ...