| 日時： （Date&Time) |
2006年10月27日（金）午後3時半から （Friday, October 27, 2006, 3:30pm〜） |
| 報告者： （Speaker） |
大津 敬介 （OTSU Keisuke） |
| 所属： （Affiliation） |
日本銀行金融研究所 （Institute for Monetary and Economic Studies, Bank of Japan） |
| 論題： （Topic） |
A Neoclassical Analysis of the Korean Crisis  |
| 概要： (Abstract) |
In late 1997, Korea experienced a huge and unusual economic crisis. Three main features of this crisis are that output fell suddenly, output recovered rapidly, and consumption fell even more than output did. There is a large body of literature that explains the Korean crisis in terms of nancial and monetary variables such as bankruptcies and exchange rates whereas this paper focuses on the uctuation of real macroeconomic variables such as real GDP and consumption. A variation of the neoclassical model can quantitatively account for the crisis taking productivity and real interest rate shocks as exogenous. |
| 会場： (Place) |
神戸大学経済経営研究所 調査室 （兼松記念館1階） Seminar Room at RIEB (Kanematsu Memorial Hall 1st Floor) |
| 対象： （Intended Audience) |
教員、院生および同等の知識をお持ちの方 Faculty, Graduate Students and People with Equivalent Knowledge |
| 備考： (Note) |
論文のコピーは研究助成室にご用意しております。 |