Research

 Publication

• Financial Technologies and the Effectiveness of Monetary Policy Transmission (with Iftekhar Hasan and Xiang Li), European Economic Review, 161 (2024). BOK WP version

Working Paper

• Is There an Information Channel of Monetary Policy? (with Oliver Holtemoeller and Alexander Kriwoluzky), R&R at Oxford Bulletin of Economics and Statistics

• U.S. Monetary and Fiscal Policy Regime Changes and Their Interactions (with Yoosoon Chang and Shi Qiu), R&R at Journal of Applied Econometrics

• Inflation Disagreement and Monetary Transmission in Korea (with Seri Shim and Peter Tillmann), Bank of Korea Working Paper, No.2024-9, R&R at Macroeconomic Dynamics

• Regime-switching by Multiple Dynamic Factors with Endogenous Feedback: An Investigation of US Monetary and Fiscal Policy Interactions (with Yoosoon Chang, Joon Y. Park, and Shi Qiu)

• Using Density Forecast for Growth-at-Risk to Improve Mean Forecast of GDP Growth in Korea (with Yoosoon Chang, Yong-gun Kim, and Joon Y. Park), Bank of Korea Working Paper, No.2024-10

• Effect of Climate Change on the Korean Economy: Aggregated VAR with Functional Data (with Jihyun Kim and Young Kim), Bank of Korea Working Paper, No.2025-15

 Work in Progress

• Impacts of Elderly Poverty on Disinflation in Korea

• Interest Rate Synchronization and Monetary Policy Spillovers (with Jihyun Kim)

• Directional Regression Discontinuity: Application to the Recession Announcement (with Gyure Kim and Jihyun Kim)

Policy Report

• 한국은행 경제전망보고서(2025.5) 중장기 심층연구: 초고령화에 따른 통화정책 여건 변화와 시사점(국문) (이재원, 황인도, 황설웅, 장훈, 곽보름, 이예일, 김우석 저)

• Impact of Super-Aging on the Monetary Policy Environment: Implications for Korea (with Jae Won Lee, In Do Hwang, Seolwoong Hwang, Hun Jang, Yeil Lee, and Wooseok Kim)