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0°ÇÀÇ Èı⺸±â.x xxx THE KOREAN ECONOMIC REVIEW Volume xx, Number x, Summer xxxx SHORT-TERM DEBT IN INTERNATIONAL BANKING CRISES* EUNSOOK SEO** This paper explores how a bank run can occur when a bank takes into account short-term capital inflow from abroad. My model is an extension of the Diamond-D
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International Interest Rate Shocks and Monetary Policy in a Small Open Economy
.x xxx The Korean Economic Review Volume xx, Number x, Winter xxxx, xxx-xxx. International Interest Rate Shocks and Monetary Policy in a Small Open Economy* Hangyu Lee** Considering that a significant part of business cycle fluctuations in small open economies could be explained by inte
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