Research

Research Working Papers

● "Does the Uncovered Interest Parity Hold in Korea?" joint with Kwanho Shin

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

● "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

● "Relative Effectiveness of Monetary Policy Transmission Channels in Korea using Bayesian VAR Models" joint with Noh-Sun Kwark (in Korean)

● "Macroeconomic Effects of Fiscal Policy by Constructing an Alternative Government Spending Variable" joint with Se Hun Kim and Kang Koo Lee (in Korean)

● "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

● "Transmission Mechanisms of Monetary Policy Shocks in Korea" joint with Noh-Sun Kwark

● "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