북한 핵관련 뉴스가 국내주식 및 외환시장에 미치는 영향

• 영문명: The Effects of News about North Korea s Nuclear Weapon on Domestic Stock and Foreign Exchange Markets
• 발행기관: 한국동북아경제학회
• 저자명: 이근영(Keun Yeong Lee)
• 간행물 정보: 『동북아경제연구』東北亞經濟硏究 第18卷 第1號, 61~90쪽, 전체 30쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2006.04.30

영문 초록

The paper analyzes the effects of news about North Korea s nuclear weapon on domestic financial markets, using IV and GMM estimation methods. According to the estimation results, when the variance of news shock about North Korea s nuclear weapon is higher than at other times, returns in KOSPI and KOSDAQ decrease and won/dollar and yen/dollar exchange rates depreciate. But the responses of interest rates to this news shock are unclear and statistically insignificant.

목차

Ⅰ. 서론

Ⅱ. 기존연구

Ⅲ. 추정방법

Ⅳ. 추정결과

Ⅴ. 요약 및 결론

키워드

북한 핵관련 뉴스 IV GMM news about North Korea s nuclear weapon IV GMM