Recently, FTA between Korea and China is an important issue, and many researchers try to estimate the effects of FTA to abolish or decrease the tariff rates on their trade. In order to understand the effects of the FTA, we analyze the relationships between the extent of Intra-Industry Trade...

Using data from the Current Population Survey for 1997 and 2001, we estimate the probability that a consumer engages in online shopping. We use variation in sales–tax rates by county to identify the effects of the sales–tax rate in the home county and adjacent counties. We also control for...

This paper mainly focuses on finding optimal strategies for the development of microfinance in Korea and on predicting the impact of microfinance in the future.First, this paper reviews and assesses the impact of microfinance in Korea. I suggested that recent phenomena of income polarization and...

The choice of Microfinance (MF) by the Millennium Development Goals (MDG) as the primary means of poverty alleviation should have brought clarity to the role and functioning of MF, but instead it seems to have generated a fog. It is desirable to take a fresh look and start from first principles...