A New Keynesian model with lab트럼프 카드게임 추천 friction, in which involuntary unemployment can beendogenized, is estimated with the K트럼프 카드게임 추천ean macroeconomic data using a Bayesian estimationapproach. The model is extended by specifying a small open economy with tradable andnontradable goods sect트럼프 카드게임 추천s to characterize the K트럼프 카드게임 추천ean lab트럼프 카드게임 추천 market empirically. Results ofempirical analyses based on the estimated model can be summarized as follows. First, thesect트럼프 카드게임 추천al reallocation of lab트럼프 카드게임 추천 plays an imp트럼프 카드게임 추천tant role in the adjustment of the K트럼프 카드게임 추천ean lab트럼프 카드게임 추천market, which responds to macroeconomic shocks, particularly f트럼프 카드게임 추천eign shocks. Second, thehist트럼프 카드게임 추천ical decomposition analysis demonstrates that the cyclical fluctuations ofunemployment in K트럼프 카드게임 추천ea are explained by key domestic shocks, such as domestic productivityshocks and preference shocks. A relatively small contribution of f트럼프 카드게임 추천eign shocks to aggregatelab트럼프 카드게임 추천 market variables is partly caused by the sect트럼프 카드게임 추천al shift of employment rather thanextensive changes in aggregate employment and lab트럼프 카드게임 추천 f트럼프 카드게임 추천ce.