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Fischer, Bernhard
Mayer, Thomas
Year of Publication: 
Series/Report no.: 
Kiel Working Paper 153
This paper evaluates the impact of rising international interest rates on the South Korean economy during the seventies with the help of an econometric macro model. The results show that there was an induced reduction of investment and GDP, yet inflationary pressures were somewhat mitigated by a lowering of capital inflows.
Document Type: 
Working Paper

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