Which Stimulates More? Spending and Transfers in Korea's Wage-Rigid Economy

This dataset accompanies the research paper titled “Which Stimulates More? Spending and Transfers in Korea’s Wage-Rigid Economy.” It includes the calibration values, raw data, and estimation outputs used to replicate the results presented in the study. The parameters are derived from South Korean macroeconomic data and estimated using standard econometric techniques. Key elements such as the Taylor rule coefficients and fiscal feedback parameters are empirically estimated, while others are calibrated based on steady-state relationships. This repository enables full transparency and reproducibility of the analysis.