Editors

Editors Emeriti
Wontack Hong, Seoul U.
Young Chin Kim, Northern Illinois U

Editor Professor Jaymin Lee Department of Economics Yonsei University Seoul 120-749 Korea E-mail: iejournal@yonsei.ac.kr Tel: 82-2-2123-2478 Fax: 82-2-365-2478

Co-Editor Professor Sunwoong Kim Department of Economics University of Wisconsin-Milwaukee P.O. Box 413 Milwaukee, WI 53201, USA E-mail: iejournal@uwm.edu Tel: 1-414-229-6924 Fax: 1-414-229-3860

Associate Editors
Yin-Wong Cheung, University of California, Santa Cruz, USA
Georgios Karras, University of Illinois, Chicago, USA
Jong-Wha Lee, Korea University, Korea
Ronald MacDonald, University of Glasgow, Scotland
Kaz Miyagiwa, Emory University, USA
Hamid Mohtadi, University of Wisconsin - Milwaukee, USA
Daekeun Park, Hanyang University, Korea
Kwanho Shin, Korea University, Korea
E. Young Song, Sogang University, Korea
Gyu Ho Wang, Sogang University, Korea
Mahmut Yasar, University of Texas-Arlington, USA

Advisory Editorial Board
Robert J. Barro, Harvard University, USA
Jere R. Behrman, University of Pennsylvania, USA
Jagdish N. Bhagwati, Columbia University, USA
Yeon-Koo Che, Columbia University, USA
Gregory C. Chow, Princeton University, USA
In-Koo Cho, University of Illinois, Urbana-Champaign, USA
Alan Deardorff, University of Michigan, USA
Sebastian Edwards, UCLA, USA
Barry Eichengreen, University of California-Berkeley, USA
Richard B. Freeman, Harvard University, USA
Koichi Hamada, Yale University, USA
Timothy J. Kehoe, Univeristy of Minnesota, USA
Lawrence J. Lau, Chinese University of Hong Kong, China
Gustav Ranis, Yale University, USA
Dani Rodrik, Harvard University, USA
Ryuzo Sato, New York University, USA
Gary Saxonhouse, University of Michigan, USA
Hyun Song Shin, Princeton University, USA
Ajit Singh, Cambridge University, UK