  {"id":72,"date":"2016-06-20T16:40:37","date_gmt":"2016-06-20T21:40:37","guid":{"rendered":"https:\/\/uwm.edu\/research-international-economics\/?page_id=72"},"modified":"2026-02-11T14:12:08","modified_gmt":"2026-02-11T20:12:08","slug":"korea","status":"publish","type":"page","link":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/","title":{"rendered":"Korea &#8211; Publications"},"content":{"rendered":"\n<ol class=\"wp-block-list\">\n<li>Mohtadi, H. and H. Arora, &#8220;Stagflation and Monetary Stabilization Policies in a Disequilibrium Framework: Case of South Korea,&#8221; <em>Journal of Post Keynesian Economics<\/em>, Summer 1988, pp. 602-617.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. J. Rhee, &#8220;Testing for Long-Run Purchasing Power Parity: An Examination of korean Won,&#8221; <em>International Economic Journal<\/em>, Vol. 6 (Autumn 1992), pp. 93-103.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. J. Rhee, &#8220;Long-Run Elasticities of the Demand for Money in Korea: Evidence rom Cointegration Analysis,&#8221; <em>International Economic Journal<\/em>, Vol. 8 (Summer 1994), pp. 83-93.<\/li>\n\n\n\n<li>Mohtadi, H. and H. Arora, &#8220;Stagflation and Monetary Stabilization Policies in a Disequilibrium Framework: Case of South Korea, A Rejoinder,&#8221; <em>Journal of Post Keynesian Economics<\/em>, 1995, pp. 469-471.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. J. Rhee, &#8220;Are Imports and Exports of Korea Cointegrated?&#8221;<em>International Economic Journal<\/em>, Vol. 11 (Spring 1997), pp. 109-114.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. J. Rhee, &#8220;Structural Change in Import Demand Behavior, The Korean Experience: A Reexamination,&#8221; <em>Journal of Policy Modeling<\/em>, Vol. 19 (April 1997), pp. 187-193.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. J. Rhee, &#8220;Response of Domestic Production to Depreciation in Korea: An Application of Johansen&#8217;s Cointegration Methodology,&#8221; <em>International Economic Journal<\/em>, Vol. 11 (Winter 1997), pp. 103-112.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. J. Rhee, &#8220;More Time Series Support for Balassa&#8217;s Productivity Bias Hypothesis: Evidence from Korea,&#8221; <em>Review of International Economics<\/em>, Vol. 4 (October 1996), pp. 364-370.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and S. Shin, &#8220;Stability of the Demand for Money in Korea,&#8221; <em>International Economic Journal<\/em>, Vol. 16 (Summer 2002), pp. 85-95.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., H. Harvey, and S. Hegerty,\u00a0\u201cExchange-Rate Volatility and Industry Trade between the U.S. and Korea\u201d, <em>Journal of Economic Development<\/em>, Vol. 37 (Number 1): 2012, pp. 1-27.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and S. Bahmani, &#8220;Monetary Uncertainty and the Demand for Money in Korea&#8221;, <em>Asian Economic and Financial Review<\/em>, Vol. 4 (2014), pp. 317-324.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and Jia Xu, &#8220;The S-Curve Dynamics of Trade between the U.S. and Korea: Evidence from Commodity Trade&#8221;, <em>New Zealand Economic Papers<\/em>, Vol 48 (2014), pp. 40-52.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and R. Zhang, &#8220;Korean Trade Flows and the S-Curve&#8221;, <em>Korea and the World Economy<\/em>, Vol. 15 (2014), pp. 1-16.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., S. Hegerty, and R. Zhang, &#8220;The Effects of Exchange Rate Volatility on Korean Trade Flows: Industry Level Estimates&#8221;, <em>Economic Papers<\/em>, Vol. 33 (2014), pp. 76-94.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and R. Zhang, &#8220;Is there J-Curve Effect in the Commodity Trade between Korea and Rest of the World?&#8221;, <em>Economic Change and Restructuring<\/em>, Vol. 47 (2014), pp. 227-250.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and J. Baek, &#8220;Further Evidence on Orcutt&#8217;s Hypothesis using Korean-US Commodity Data&#8221;, <em>Applied Economics Letters<\/em>, Vol. 21 (2014), pp. 1-8.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and R. Zhang, \u201cKorea\u2019s Inpayments and Outpayments with the Rest of the World: Is there Room for Currency Manipulation?\u201d, <em>Asian Economic and Financial Review<\/em>, Vol. 5 (2015), pp. 12-32.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and J. Baek, \u201cThe Marshall-Lerner Condition at Commodity Level: Evidence from Korean-U.S. trade\u201d,<em>Economics Bulletin<\/em>, Vol. 35 (2015, No. 2), pp. 1136-1147.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., J. Baek, and S. Hegerty<strong>, <\/strong>\u201cGARCH-Based Versus Traditional Measures of Exchange-Rate Volatility: Evidence from Korean Industry Trade\u201d, <strong><em>International Journal of Trade and Global Markets, <\/em><\/strong>Vol. 9 (2016, No. 2), pp. 103-136<strong>.<\/strong><\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and M. Maki-Nayeri, \u201cPolicy Uncertainty and the Demand for Money in Korea: An Asymmetry Analysis\u201d, <strong><em>International Economic Journal, <\/em><\/strong>Vol. 63 (2018, No. 3), pp. 567-591.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and J. Baek, \u201cAsymmetry Cointegration and the J-Curve: New Evidence from Korean Bilateral Trade Balance Models with her 14 Partners\u201d, <strong><em>Journal of the Asian Pacific Economy, <\/em><\/strong>Vol. 24 (2019, No 1), pp. 66-81.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and J. Baek, \u201cWhose Policy Uncertainty Matters in the Trade between Korea and the U.S.?\u201d<strong>, <\/strong><em><strong>Journal of Risk and Financial Management<\/strong>, <\/em>Vol. 14 (2021), pp. 1-23.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and J. Baek, \u201cOn the Asymmetric Effects of Exchange-Rate Volatility on Trade Flows: Evidence from Korea-U.S. Commodity Trade \u201d, <strong><em>Australian Economic Papers<\/em><\/strong>, Vol. 60 (2021), pp. 594-629.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and . Baek, \u201cKorean Trade in 10 Service Industries and Role of the Won? An Asymmetric Analysis\u201d, <strong><em>International Economic Journal, <\/em><\/strong>Vol. 37 (2023, No. 1), pp. 93-119.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":778,"featured_media":0,"parent":38,"menu_order":9,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","uwm_wg_additional_authors":[]},"class_list":["post-72","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Korea - Publications - Center for Research on International Economics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Korea - Publications\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/\" \/>\n<meta property=\"og:site_name\" content=\"Center for Research on International Economics\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-11T20:12:08+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/korea\\\/\",\"url\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/korea\\\/\",\"name\":\"Korea - Publications - Center for Research on International Economics\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/#website\"},\"datePublished\":\"2016-06-20T21:40:37+00:00\",\"dateModified\":\"2026-02-11T20:12:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/korea\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/korea\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/korea\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Country Specific Research\",\"item\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Korea &#8211; Publications\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/#website\",\"url\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/\",\"name\":\"Center for Research on International Economics\",\"description\":\"UW-Milwaukee\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Korea - Publications - Center for Research on International Economics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/","og_locale":"en_US","og_type":"article","og_title":"Korea - Publications","og_url":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/","og_site_name":"Center for Research on International Economics","article_modified_time":"2026-02-11T20:12:08+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/","url":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/","name":"Korea - Publications - Center for Research on International Economics","isPartOf":{"@id":"https:\/\/uwm.edu\/research-international-economics\/#website"},"datePublished":"2016-06-20T21:40:37+00:00","dateModified":"2026-02-11T20:12:08+00:00","breadcrumb":{"@id":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/korea\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uwm.edu\/research-international-economics\/"},{"@type":"ListItem","position":2,"name":"Country Specific Research","item":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/"},{"@type":"ListItem","position":3,"name":"Korea &#8211; Publications"}]},{"@type":"WebSite","@id":"https:\/\/uwm.edu\/research-international-economics\/#website","url":"https:\/\/uwm.edu\/research-international-economics\/","name":"Center for Research on International Economics","description":"UW-Milwaukee","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uwm.edu\/research-international-economics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages\/72","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/users\/778"}],"replies":[{"embeddable":true,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/comments?post=72"}],"version-history":[{"count":10,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages\/72\/revisions"}],"predecessor-version":[{"id":1428,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages\/72\/revisions\/1428"}],"up":[{"embeddable":true,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages\/38"}],"wp:attachment":[{"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/media?parent=72"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}