Research

Research Working Papers

● "Does the Uncovered Interest Parity Hold Better in Korea?" joint with Kwanho Shin (revised and resubmitted)

● "The Determinants of Fed Policy: The Great Recession vs. the Great Inflation" joint with Gabriela Best

● "Effects of Government Spending Shocks by Household Indebtedness: An OECD Panel Analysis" joint with Yeil Lee

● "Exchange Rate Stability and Monetary Policy in Canada: A Markov-switching DSGE Approach" joint with Kyunghun Kim

● "The Impact of Leveraged Housing Booms on Monetary Policy Transmission Mechanisms" joint with HyungJi Kim and Soyoung Kim

● "What are the Consequences of Korea’s New Fiscal Rule?" joint with Kang Koo Lee

● "Fiscal Financing and The Effects of Government Spending: A VAR Approach"


Work in Progress

"Public Debt and Government Spending Multiplier" joint with Jihye Kang and Yun Jung Kim

"Identification of Government Spending Shocks using SVARs and Local Projection" joint with TaeWoong Jo and Jihye Kang

"Government Spending Multipliers across Monetary Policy Regimes" joint with TaeWoong Jo and Dohyun Park

"Macroeconomic Implications of Fixed and Variable Mortgage Rates" joint with HyungJi Kim

"Time-varying Effects of Monetary Policy Shocks on the Real Economy: The Case of Asian Economies" joint with Soyoung Kim and Yeil Lee

"Determinants of the Inflation Rate in Asian Countries" joint with Soyoung Kim and Woongji Im