The Profitability of Bank Capital and Household Debt. R&R at Structural Change of Economic Dynamics.
Skill Differences and Wage-Effort Relationship: Who Are More Exploited, High-Skilled or Low-Skilled Workers? University of Massachusetts Amherst Economics Working Paper 2023-9. (coauthored with Dong-Min Rieu).
Bank Diversification, Systemic Risk, and Market Discipline. The European Journal of Finance, 31(18), 2025.
Leverage-led Growth in the Circuit of Capital Model with a Banking Sector. Economic Modelling, vol. 125, 2025.
A Note on the two approaches to the distribution of surplus value, Cambridge Journal of Economics, 48(5), 2024 (coauthored with Dong-Min Rieu).
The Value Expression of Labor Time and the Rate of Surplus Value: Further Issues on the Inverse Transformation Method, Marxism 21, 20(3), 2023 (coauthored with Dong-Min Rieu).
Shadow Banks and the Collateral Multiplier, Eastern Economic Journal, 49(2), 2023 (coauthored with Thomas Michl). [WP]
Marxian Economics as Economics: A Review of Dong-Min Rieu's Lecture Notes on Political Economy, Marxism 21, 19(2), 2022 (in Korean).
Estimating the rate of surplus-value at the industry level: A case study of the South Korea using the inverse transformation method, El Trimestre Económico, 89(354), 2022 (coauthored with Dong-Min Rieu; in Spanish)
How Dark is the Dark Side of the Diversification? Journal of Risk Finance, 2021 (coauthored with Henryk Gzyl and Pedro Cadenas).
A Division of the Capitalist Class and the Market for Money Capital, Metroeconomica, 72(1), pp.2-21, 2021. [WP]
A Mathematical Formulation of the Dual Nature of Unproductive Labor, Review of Radical Political Economics, 2020 (coauthored with Dong-Min Rieu).
Unproductive Activities and the Rate of Surplus Value at the Industry Level in Korea, 1995-2015, Journal of Contemporary Asia, 50(2), pp.284-307, 2020 (coauthored with Dong-Min Rieu). [WP]
An Input-Output Reconstruction of the Macro-Monetary Interpretation of Marxian Theory, Marxism 21, 16(3), 2019. [WP]
A Review of the Macro-Monetary Interpretation of Marxian Labor Theory of Value, Marxism 21, 16(1), 2019.
Securitized Banking, Procyclical Bank Leverage, and Financial Instability, Structural Change and Economic Dynamics, 49, 2019. [WP]
Some Notes on the Temporal Single-System Interpretation of Marxian Value Theory, The Review of Social and Economic Studies (사회경제평론), 56, 2018. [WP]
Liquidity, Bank Runs, and Fire Sales under Local Thinking, North American Journal of Economics and Finance, Vol.46, pp.89-102, 2018 (coauthored with Tom Bernardin). [WP]
The Monetary Expression of Labor Time in a Dynamic Leontief Model, Marxism 21, Vol.13, No.2, 2016.
Overdetermination: Althusser versus Resnick and Wolff, Rethinking Marxism, 25(3), 2013.
The Concept of Value in Cognitive Capitalism Theory: A Critical Review of Recent Developments, Marxism 21, 9(1), 2012. (in Korean)
Directed Technological Change towards Automation and Its Impact on Capital Profitability and Exploitation
Bank Diversification and Systemic-Risk-Based Capital Regulation
Bank Market Power, Stability, and Financial Distress Costs in Changing Interest Rates
Financial Fragility as an Essential Contradiction of Capitalist Economy
Class, Exploitation, and Power in the Pre-industrial Capitalist Economy (coauthored with Naoki Yoshihara)