Research

Working Papers

[2] Growth in the Shaded Sun: The Role of International Development Finance and Corruption

[1] Trade Finance Frictions and International Business Cycles

[SSRN]

Publications

[5] Uncertainty, Financial Markets, and Monetary Policy over the Last Century

with Sangyup Choi The B.E. Journal of Macroeconomics, June 2022 / [Publisher's version]Working paper version : [GRU WP 2019-020]  [Yonsei Univ. WP 2019-142]

[4] Policy Uncertainty and Foreign Direct Investment

with Sangyup Choi and Davide FurceriReview of International Economics, May 2021 / [Publisher's version]  Working paper version : [GRU WP 2020-007]  [Yonsei Univ. WP 2019-144]Cited in: [2023 Economic Report of the President,  the White House]

[3] International Fiscal-financial Spillovers: The Effect of Fiscal Shocks on Cross-border Bank Lending 

     with Sangyup Choi and Davide Furceri     Open Economies Review, April 2021 / [Publisher's version]     Working paper version : [IMF WP 2019-150]  [GRU WP 2020-025]  [Yonsei Univ. WP 2020-179]     Featured in: [한국은행 최신 해외학술 정보]

[2] International Bank Lending Channel of Monetary Policy

with Silvia Albrizio, Sangyup Choi and Davide FurceriJournal of International Money and Finance, April 2020 / [Publisher's version] Working paper version : [Banco de España  WP 1938]  [IMF WP 2019-234]  [GRU WP 2019-017]  [Yonsei Univ. WP 2019-145] Cited or Featured in: [Nobel Lecture: Banking, Credit, and Economic Fluctuations (Bernanke)] [Central Banking]  [Capital Ebbs and Flows]  [Banco de España Research Update]  [ChosunBiz 조선비즈]  [BOK Global Focus 한국은행 해외경제 포커스]

[1] Adversarial Bias and Court-Appointed Experts in Litigation

with Chulyoung KimThe Korean Journal of Economics, June 2019 / [Publisher's version]  Working paper version : [Yonsei Univ. WP 2019-157]