are estimated using daily data for the GEM Board and the Main Board over period June 1, 2010 - December 31, 2016. The results indicate that the Main Board leads the GEM Board in the first order and there is no mean overflow from the GEM Board to the Main Board...

This dissertation examines the impact of employment protection regulations using job duration data in Korea. In 2007, the Korean government introduced a labor market reform that required employers to convert a worker's ...

This paper further develops models of regional migration, particularly in continents integrating regionally as it magnifies the importance of immigrant behavior for economists and policy-makers. I outline the history of ...

The 2008 financial crisis has highlighted the importance of nonlinear features of our economy including risks, uncertainty shocks, rare disasters, structural changes, zero-lower bound, and occasionally binding constraints. Macroeconomists have tried...