Bahmani-Oskooee, Mohsen; Zhang, Ruixin - In: Economic Change and Restructuring 47 (2014) 3, pp. 227-250
Previous studies that investigated the short-run and long-run effects of depreciation of the Korean won on the Korean trade balance with the rest of the world have not been able to discover significant effects. Suspecting that these studies suffer from aggregation bias, we disaggregate Korean...