01759cas a2200253 a 4500 AALejournalIMF014322 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484349878 1018-5941 BD-DhAAL BD-DhAAL Ree, Jack. Safe-Haven Korea? : Spillover Effects from UMPs / Jack Ree, Seoeun Choi. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We examine how Korea's capital flows and trade have been affected by the quantitative easing (QE) of the United States and the quantitative and qualitative easing (QQME) of Japan. Korea is an intriguing case due to its borderline position between advanced and emerging market country groups, and the common perception that Korea competes fiercely with Japan in the world market for trade. We find that QE had little direct impact on capital flows to Korea, and tapering is unlikely to cause capital outflows from it owing to partial safe-haven behavior of capital flows to Korea. We also find that the exchange rate spillover from QQME to Korea has been limited both on trade and capital flow fronts. Mode of access: Internet Choi, Seoeun. IMF Working Papers; Working Paper ; No. 2014/053 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/053/001.2014.issue-053-en.xml IMF e-Library