Private inflows when crises are anticipated: a case study of Korea

Article, Preprint OPEN
Michael P. Dooley; Inseok Shin;
  • Subject: Korea ; Financial crises

Models of financial crises based on distortions in capital markets have strong implications for the behavior of investors leading up to crises. In this paper we evaluate the hypothesis that deregulation of financial markets in Korea provided the incentives and opportuni... View more
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