환율과 거시경제조정에 관한 구조VAR분석

• 영문명: Structural VAR Analysis of the exchange rate and macroeconomoc adjustment in Korea
• 발행기관: 한국무역연구원
• 저자명: 김정욱(Jung-Uk Kim)
• 간행물 정보: 『무역연구』제10권 제2호, 847~865쪽, 전체 18쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2014.04.30

영문 초록

In this paper, we investigate the relationship between the Korea macroeconomic adjustment and won/dollar spot exchange rate including a number of macroeconomic variables, GDP, Interest rate, net export. It uses a modified version of the structural VAR method of Blanchard and Quah. Impulse responses results of SVAR indicate that exchange rate variable explain the net export reasonably well That is means exchange rate depreciation has a positive adjustment role about net export. But the evidence does not seem to support that GDP, Interest rate are associated with net export fluctuation. Therefor exchange rate did not macroeconomic adjustment roles through the effect of positive net export.

목차

Abstract

Ⅰ. 서론

Ⅱ. 환율과 거시경제조정에 관한 이론적 의미

Ⅲ. 선행연구

Ⅳ. 실증분석

Ⅴ. 결론

참고문헌

키워드

SVAR net export exchange rate impulse response short-run restriction