This paper analyzes changes in the export potential and competitiveness of China, Japan, and Korea. The analysis of Japan's export market share reveals that in sectors where Korea's potential was strong in the early 1990s, Japan's market share diminished. This suggests the possibility that Korea...

This paper estimates the expectation-augmented Phillips curve, which explains inflation dynamics, in Korea. The phenomenon of low inflation in Korea has been going on for quite some time, in particular since 2012. During the Covid-19 crisis, due to low inflation expectations the operation of...

■ It is difficult to conclude that Korea is in a state of deflation as there is little possibility that the recent downward trend will continue. This is because September's price drops were largely spurred by temporary supply shocks, and core inflation has stalled at the mid-0% range. ■...

Korean Abstract: 금년 9월의 물가 하락에 일시적인 공급 충격이 상당 부분 기여하였으며 근원물가가 0%대 중반의 상승률을 유지하고 있어, 물가 하락이 지속될 가능성이 높지 않다는 점에서 현 상황을 디플레이션이라고 단정하기...

The English version of this paper can be found at 'http://ssrn.com/abstract=2953835' http://ssrn.com/abstract=2953835Korean Abstract: □ 미국과 중국 간 통상분쟁이 발생할 경우, 우리 경제는 주로 두 국가의 내수가 위축되면서 부정적 영향을 받게 되며,...