• International Area Studies Review
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• v.13 no.2
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• pp.66-88
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• 2009

This paper studies optimal discretionary monetary policy in the presence of uncertainty in the housing sector. In particular, we allow two possible regimes regarding the evolution of housing price inflation and the effects of housing price inflation on the aggregate demand. Estimation results with the US data confirm the presence of two distinctive regimes, one 'normal' and the other more akin to the housing price 'bubble' state. The optimal policy is 'asymmetric' in that the optimal responses in the 'normal' regime require the central bank to lean against the wind to inflationary pressure from CPI and housing inflation, while the central bank is recommended to accommodate it in the other regime.

• International Commerce and Information Review
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• v.1 no.1
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• pp.107-130
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• 1999

21세기 정보화시대를 몇 개월 앞두고 전자상거래가 급팽창함에 따라, 인터넷 전자상거래는 이제 선택의 문제가 아니라, 기업이나 국가의 경쟁력 확보 및 생존을 위한 필수적인 전략으로 인식되고 있다. 최근 선진국들을 비롯하여 OECD 등 국제기구에서 인터넷 전자상거래에 관한 국제적 논의와 규범화 작업이 진행되고 있다. 그러므로 우리 나라도 이러한 인터넷 전자상거래시대에 대비한 국제경쟁력을 확보 하기 위해 정부와 민간의 협력을 기반으로 한 범국가적 대용방안의 수립이 필요한 시점에 와 있다. 이러한 상황하에서, 본 연구는 인터넷 전자상거래의 영향과 현황을 파악한 후, 이에 대한 국제규범화 동향과 주요 과제를 분석하여 우리 나라의 대응방안을 제시하고자 한다.

• Korea Trade Review
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• v.44 no.6
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• pp.327-344
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• 2019

This paper explores the hub-and-spoke system as the structure of the global economic network that presents obstacles for international cooperation. With its exclusive jurisdiction and control over the hub, a powerful state can employ coercive economic measures to compel and deter unwanted behavior of rogue states and even its allies. Against this backdrop, this study analyzes the cases of the US blocking access to its market by Chinese Huawei as well as the case of Japan in restricting trade for highly advanced goods to South Korea. This analysis reveals that both measures are forms of secondary boycotts, which affect not only the entities within their jurisdiction but also others located in third countries. In addition, this paper extends its findings to free trade agreements and offers implications on the outward processing scheme for the Gaeseong Industrial Complex in the KORUS FTA and the Korea-China FTA. These events result in a gray-risk for South Korea, a country that aims to resolve North Korea's denuclearization and inter-Korean economic cooperation.

• Korea Trade Review
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• v.47 no.4
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• pp.177-195
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• 2022

This study analyzed the volatility spillover effect between international non-ferrous metal futures markets using the BEKK-GARCH model. Statistical data are futures price data of copper (CU), aluminum (AL), nickel (NI), tin (SN) from Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) from April 1, 2015 to December 31, 2021. Combining the research results, first, in the case of copper, aluminum, and nickel, it was found that there was a two-way volatility spillover effect between the Shanghai and London markets, and the international influence of the London market was greater. Second, in the case of the tin, it was found that the Shanghai market has a volatility spillover effect on the London market from stage I, and it is strengthened in stage II. Third, in the case of nickel, it was found that there was a two-way volatility spillover effect in the first stage, but in the second stage, the London market had a unidirectional volatility spillover effect with respect to the Shanghai market. This study confirmed that China's influence in the international non-ferrous metal futures market is gradually increasing. In addition, it suggested that international investors can engage in arbitrage and hedging using China's non-ferrous metal futures market.

• International Commerce and Information Review
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• v.7 no.2
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• pp.25-47
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• 2005

This study wishes to analyze that affect in purchasing decision in Telecommunication operation company's international competitive bidding. When submit a tender laying stress on international competitive bidding of the Telecommunication operation companies among specially various international competitive bidding, I wish to investigate game theory enemy by bid method through access method about bid form affecting in buyer's purchasing decision.

• 주류산업
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• v.21 no.4
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• pp.10-19
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• 2001

• 주류산업
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• v.23 no.1
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• pp.11-21
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• 2003

• 대학교육
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• s.131
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• pp.96-103
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• 2004

• 전기산업
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• v.15 no.5
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• pp.27-41
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• 2004

• KOREAN POULTRY JOURNAL
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• v.52 no.5
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• pp.126-130
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• 2020