Exchange market pressure in Korea: Dynamic specifications

Research output: Contribution to journalArticlepeer-review

3 Scopus citations


The paper re-examines the performance of the monetary model of the exchange market pressure for Korea. Regression results allowing for dynamics show that all the hypothesized effects on the exchange market pressure are confirmed unlike previous research which adopted non-dynamic specification. Tests also suggest that the dynamic specification of the Korean exchange market pressure equation is well specified and the residuals pass the typical diagnostic checking.

Original languageEnglish
Pages (from-to)765-768
Number of pages4
JournalApplied Economics Letters
Issue number12
StatePublished - 1998


Dive into the research topics of 'Exchange market pressure in Korea: Dynamic specifications'. Together they form a unique fingerprint.

Cite this