Contact Details

• Assistant Professor, Department of Economics, Korea University

• Email: oikwon at korea.ac.kr

Selected Recent Publications

• “Central Bank Digital Currency and Privacy: A Randomized Survey Experiment” (with Syngjoo Choi, Bongseop Kim, and Young-Sik Kim), International Economic Review, 66(2), 2025

• "Credit Market Frictions and Coessentiality of Money and Credit" (with Manjong Lee), Journal of Money, Credit and Banking, 56(1), 2024.

• "Stablecoins: Legal Restrictions Theory and Monetary Policy" (with Jaevin Park) Economics Letters, 226, 2023.

• “Central Bank Digital Currency, Credit Supply, and Financial Stability” (with Young-Sik Kim) Journal of Money, Credit and Banking, 55(1), 2023. 

• “Central Bank Digital Currency, Tax Evasion, and Inflation Tax” (with Seungduck Lee and Jaevin Park) Economic Inquiry, 60(4), 2022.

Working Papers

• “Distribution-Dependent Value of Money: A Coalition-Proof Approach to Monetary Equilibrium” (with Byoung-Ki Kim and Suk Lee)

• “Digital Divide in Payment System and Welfare” (withYoung-Sik Kim)

• "Predicting the Payment Preference for CBDC: A Discrete Choice Experiment" (with Syngjoo Choi, Bongseop Kim, Young-Sik Kim, and Soeun Park)

• "Public Demand and Financial Implications for Retail CBDC: A Randomized Survey Experiment" (with Duk Gyoo Kim and Seungduck Lee)