Contents: Preface by Jeong Pyo Choi -- 1. Introduction and overview / Jay Pil Choi, Wonhyuk Lim and Sang-Hyop Lee -- Part I: Setting the stage -- 2. Competition law and economics: International cooperation and convergence in competition policy / Jay Pil Choi -- Part II: Market structure -- 3....

Combining theoretical work with careful historical description and analysis of new data sources, History Matters makes a strong case for a more historical approach to economics, both by argument and by example. Seventeen original essays, written by distinguished economists and economic...

In post-crisis Korea, facility (equipment) investment shows the worrisome trends of a slowdown in investment growth and a decline in investment propensity. We marshal micro and macro data to examine four major explanations for these important developments. Our analysis: (a) finds that cyclical...