Surviving on Collateral: Zombie Lending in Frictional Credit Markets
This paper studies how collateral shapes bank lending relationships and the survival of financially distressed firms.
Draft available upon request.
CBDC Design, Payment Choice, and Financial Inclusion
The Role of Federal Disaster Aid on Mobility Decisions Following Hurricanes
Corporate Finance, Monetary Policy, and Innovation-Driven Growth
with Cathy M. Zhang
Policy Responses to Dollar-Backed Stablecoins: CBDC or Domestic Stablecoins?
with Talha Cakir
Kim, Yuri, and Kyunghun Kim. 2021. “An Analysis of Macro Aspects Caused by Protectionism in Korea.” Journal of Korea Trade 25(1): 1–17.
Exchange Rate Predictability Based on Market Sentiments, KIEP Policy Analysis No. 21-32 (2021), with Kim et al.
A Study on Credit Supply, Economic Growth and Financial Crisis, KIEP Policy Analysis No. 20-27 (2020), with Kim et al.
Global Financial Imbalance: Firm-level Evidence from Korea, KIEP Working Paper No. 20-02 (2020), with Kang et al.