Director of Research Planning & International Affairs Division Korea Institute of Finance
Director of Macroeconomic & International Finance Division Korea Institute of Finance
Chief of Financial Market Division Korea Institute of Finance
Research Fellow Korea Institute of Finance
Economist Monetary Policy Department The Bank of Korea
Junior Economist The Bank of Korea
- Professional Experiences
Outside Director Woori Financial Capital
Member of anction Review Committee Financial Supervisory Service
Member of Korea Post Steering Committee Koea Post
Member of Creditors' Coordination Committee
Member of Board of Directors Korea Federation of Savings Banks
Member of Policy Advisory Board The Korea Chamber of Commerce & Industry
Non-standing Director Korea Housing Finance Corporation
Member of Sales Reviewing Sub-committee Public Funds Oversight Committee (PFOC) Financial Services Commission (FSC)
Member of Advisory Board for Foreign Reserve Management The Bank of Korea
Member of Advisory Board for Foreign Exchange & International Finance The Bank of Korea
Outside Director Woori Asset Management
Member of Advisory Board for Systemic Risk Analysis Financial Supervisory Service (FSS)
Member of Board of Directors Credit Recovery Fund Korea Asset Management Corporation
Outside Director Seoul Credit Rating & Information Inc.
Director Korea International Finance Association
Member of the Fund Investment Oversight and Training Committee Korea Financial Investment Association
Advisor Asset Management Association of Korea
Publication
- Published Paper
“The Export Coincident Probability Indicator of Korea" (co-authored), Journal of Korean Economic Analysis Vol. 28, No. 1, 2022. (In Korean)
“Measuring the Vulnerability of Korea Stock markets in the Event of Global Financial Instability,” Journal of Money and Finance Vol. 34 No. 4, 2020. (In Korean)
"Understanding Central Bank Digital Currency", Review of International Money and Finance Vol. 10 No. 1, 2020. (In Korean)
"Estimating the Integrated Risk of Financial Group Using the Vine Copula Method," Journal of Risk Management Vol. 28 No. 3, 2017. (In Korean)
"Global Financial Crisis and the Paradigm Shift of Monetary policy," Presented at the Korea's Financial Research Center Annual Policy Conference, November 2013. (In Korean)
"Historical Analysis on the Recent Quantitative Easing Policy: Comparison with the Competitive Devaluations during the Great Depression," Review of International Money and Finance Vol. 3. No. 2, 2013. (In Korean)
"Measuring the Systemic Risk in the Korean Banking Sector: The Copula Approach" (co-authored), Journal of Money and Finance Vol. 27 No. 2, 2013. (In Korean)
"Measuring the Systemic Risk in the Korean Banking Sector: The Copula Approach" (co-authored), BOK Working Papers 2013-6, The Bank of Korea, 2013. (In Korean)
"Enhancing the Structure of Mortgage Loans in Korea" (co-authored), Financial Risk Review 2011 Summer, Korea Deposit Insurance Corporation, 2011. (In Korean)
"Optimal Interest Rate Rule for Inflation Targeting in Korea," Review of Financial Economics Vol. 17, No. 1, 2003. (In Korean)
"Optimal Level of Inflation Target in Korea," in Policy Implications for the Efficient Implementation of the Inflation Targeting Regime, Proceedings on the International Conference of the Bank of Korea, 2002. (In Korean)
"Credibility and the Efficiency of Monetary Policy" (co-authored), Journal of Korean Economic Analysis Vol. 7, No. 2, 2001. (In Korean)
The Computational Analysis of Optimal Macroeconomic Policy Design, Ph.D. Dissertation, The University of Texas at Austin, 1998.
- KIF Research Paper & Report
"Quasi-Money Stablecoin and Private Money Issuance," KIF Analysis Paper 2022-07, The Korea Institute of Finance, 2022. (In Korean)
"Central Bank Digital Currency and Cross-Border Payments", KIF Policy Research Paper 2021-4, The Korea Institute of Finance, 2021. (In Korean)
“Global Financial Shock and Independence of Korea's Stock Price,” KIF VIP Series 2020-13, The Korea Institute of Finance, 2020. (In Korean)
Estimating Global Systemic Risk Using the G-SIBs' CDS Premium Data (co-authored), KIF Research Paper 2019-1, The Korea Institute of Finance, 2019. (In Korean)
Korea's Macro-Leverage: Issues and Analysis (co-authored), The Korea Institute of Finance, 2014. (In Korean)
"Historical Analysis on the Recent Quantitative Easing Policy: Comparison with the Competitive Devaluations during the Great Depression," KIF VIP Series 2013-8, The Korea Institute of Finance, 2013. (In Korean)
"Policy Issues and the Future of the Eurozone's Fiscal Crisis" (co-authored), KIF VIP Series 2013-2, The Korea Institute of Finance, 2013. (In Korean)
"Analysis on the Causes of the Rapid Increase of Household Debt in Korea: Comparison with the Subprime Mortgage Crisis in the U.S." (co-authored), KIF VIP Series 2011-23, The Korea Institute of Finance, 2011. (In Korean)
Integrated Risk Management of Financial Groups, KIF Policy Research Papers 2011-2, The Korea Institute of Finance, 2011. (In Korean)
KIF Financial Conditions Index (co-authored), The Korea Institute of Finance, 2011. (In Korean)
Conflicts of Interest in Financial Investment Services (co-authored), The Korea Institute of Finance, 2006. (In Korean)
ASEAN+3 Regional Guarantee Mechanism (co-authored), Financial Research Papers 2005-6, The Korea Institute of Finance, 2005. (In Korean)
The Economic Impact of the Recent Surge in Household Credit (co-authored), Policy Research Papers 2004-3, The Korea Institute of Finance, 2004. (In Korean)
The Causes and Policy Measures of the Surging Credit Delinquents in Korea (co-authored), Policy Research Papers 2004-1, The Korea Institute of Finance, 2004. (In Korean)
The Current Household Debt Situation and Its Policy Implications (co-authored), Policy Research Papers 2002-3, The Korea Institute of Finance, 2002. (In Korean)
- Research Project Report
A Study of Evaluating the Operating Rule of Financial Regulation in 2020, Project Report to Financial Services Commission, 2020. (In Korean)
Payment and Settlement Infrastructure (co-authored), BOK-KPP with Sri Lanka, 2019.
A Study on the Comparative Analysis of the Quantitative Easing of Advanced Economies and the Exit Strategy (co-authored), Project Report to Ministry of Strategy and Finance, 2013. (In Korean)
Diversifying and Developing the Technology Financing in Korea (co-authored), Project Report to Korea Technology Finance Corporation, 2012. (In Korean)
The EU's Policy Reponses to the Eurozone's Fiscal & Financial Crisis and It's Impacts on the Korea's Economy and Financial Sector (co-authored), Project Report to Presidential Council of National Competitiveness, 2012. (In Korean)
A Study on the Policy Measures for the Household Debt Problem (co-authored), Project Report to Financial Services Commission, 2011. (In Korean)
Strategies for Reforming Postal Banking Services, (co-authored), Project Report to Ministry of Knowledge Economy, 2008. (In Korean)
Reforming the SME Credit Guarantee System in Korea (co-authored), Project Report to Financial Services Commission, 2008. (In Korean)
Strategies for Developing the Korea Housing Finance Corporation (co-authored), Project Report to the Korea Housing Finance Corporation, 2007. (In Korean)
Fostering Asset Management Industry for the Development of the Regional Capital Markets (co-authored), The ASEAN+3 Research Group Project, 2006.
Long-term Vision and Its Implementation Strategy of the Industrial Bank of Korea (co-authored), Project Report to the Industrial Bank of Korea, 2005. (In Korean)
The Future Strategy for the Development of the Mutual Credit System of Agricultural Cooperatives (co-authored), Project Report to the National Agricultural Cooperative Federation, 2004. (In Korean)
Reforming the Credit Guarantee System in Korea (co-authored), Project Report to Ministry of Finance and Economy, 2003. (In Korean)
A Study on the Recent Household Debt Problem (co-authored), Project Report to Financial Supervisory Committee, 2002. (In Korean)
Developing the Long term Government Bond market (co-authored), Project Report to Ministry of Finance and Economy, 2002. (In Korean)
A Study on Separating the Banking and Economic Business Units of the National Agricultural Cooperative Federation (co-authored), Project Report to Ministry of Agriculture and Forestry, 2001. (In Korean)
- Monograph
"Analyzing the Eurozone's Systemic Risk with the CDS Premium Data" (co-authored), Presented at the KIF-APF Joint International Conference on Global Economic and Financial Asymmetries: Causes and Consequences, June 2013.
"Currency Devaluation during the Great Depression vs. the Recent Quantitative Easing Policy," Presented at the 14th Seoul International Financial Forum, Financial News, April 2013.
"Anatomy of the Eurozone Crisis: the Main Causes and the Way Forward," Presented at KIF-Bruegel Conference on the Eurozone Crisis and Its Impact on the Global Economy, January 2013.
"Risk Evaluation and Management of Financial Group," Presented at the Conference on Risk Management of Financial Holding Companies held by Korea Institute of Finance and Financial Supervisory Services, 2008. (In Korean)
"Search for New Personal Financial Service," KIF Bullets, No. 32, Korea Institute of Finance, 2006. (In Korean)
"Evolution of Financial System in Korea after the Financial Crisis," Presented at 2005 International Conference on Finance and Development in East Asia held by Korea Development Economics Association, 2005.
Contact Information
Please complete the security check below to proceed.