Working Papers

Macroprudential Policy Under Diagnostic Expectations with Taewoong Jo (Revise & Resubmit at Journal of International Economics)

 [Revised Draft] [SSRN WP][Slides] 

The Effect of a Large Scale Issuance of State-Owned Company Bonds on the Corporate Bond Markets with Taewoong Jo and Yoonsoo Lee

 [Draft]  [Slides] 

Corporate-Sovereign Debt Nexus and Externalities 

[Revised Draft] is the theoretical part of my job market paper, distributed as a KIF Working Paper 2022-12.

[SSRN WP], [JMP Version] was covered by European Central Bank (Jan 28, 2021)

Distributional Consequences of a Higher Inflation Target with Donggyu Lee and Dohyeon Park

 [Draft Available upon Request] 

Selected Research In Progress

Optimal Monetary and Macroprudential Policy under Diagnostic Expectations with Jinwoon Yoon

Optimal Sterilized FX Intervention with Bada Han and Daeyoung Jung - Draft Coming Soon

Population Aging and Fiscal Sustainability Under Sovereign Risk with Yun Jung Kim (Slides)

Firm-Level Investment Responses in an Open Economy: Does Domestic Monetary Policy Matter? with Cheolwon Park

Global Financial Cycles and Inequality in Emerging Economies with Donggyu Lee and Dohyeon Park

Integrated Policy Framework with Housing Sector with Daeyoung Jung