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The political economy of exchange rates: The case of the Japanese yen

✍ Scribed by Nathalie Aminian; K.C. Fung; Alicia Garcia-Herrero; Chelsea C. Lin

Book ID
113681461
Publisher
Elsevier Science
Year
2012
Tongue
English
Weight
164 KB
Volume
24
Category
Article
ISSN
0922-1425

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## Abstract The effects of changes in the yen/dollar exchange rate on the Korean economy during the pre‐crisis and the post‐crisis periods are examined using VAR models. The results show that Korean industrial production does not respond significantly to the depreciation of the Japanese yen against