The Bank of Korea

Recent Papers & Publications

Monetary Policy Report (November 2018): - This is an unofficial translation prepared by the Bank's staff based on the original Korean text released on November 8, 2018. - Data for figures are available in the attached Excel file. - Inquiries: tel 82-2-759-4676, e-mail...

[2018-10] Current Non-bank Financial Intermediation in Korea and Potential Risks: Since the global financial crisis, there have been concerns that non-bank financial intermediation, or “shadow banking,” could act to destabilize the financial system, as the interconnectedness of nonbanks with other financial institutions and the financial market has been strengthened...

BOK Working Paper No.2018-8, Rare Disasters and Exchange Rates: An Empirical Investigation of South Korean Exchange Rates under Tension between the Two Koreas: Title : Rare Disasters and Exchange Rates: An Empirical Investigation of South Korean Exchange Rates under Tension between the Two Koreas Author : Cheolbeom Park(Korea University), Suyeon Park(BOK) <Abstract> We investigate the implications of the disaster hypothesis proposed that chang...

[2019-1] Analysis of Economic Sentiment Resulting from Relative Gaps within the Economy: It has been constantly pointed out that there has recently been a gap between business conditions, as indicated by GDP and other traditional macroeconomic variables, and the economic sentiment of households and firms. GDP growth, which is used as the main economic indicator, provides a good repres...

Financial Statement Analysis for 2017: FOREWORD The Bank of Korea is pleased to release the 2017 edition of its Financial Statement Analysis (FSA), published annually since 1960 to provide research on and analysis of the business performances and financial conditions of Korean corporations. This edition contains the f...

[2015-6]Factors behind Lackluster Recoveries in the Employment-to-population Ratios of Major Countries and Their Prospects: Although major countries have shaken off the influence of the global financial crisis and are showing a modest economic recovery, the levels of the employment-to-population ratios in major countries are running below their pre-crisis levels, as the degree of the recovery in their employment-to...

[2019-1] Analysis of Economic Sentiment Resulting from Relative Gaps within the Economy: It has been constantly pointed out that there has recently been a gap between business conditions, as indicated by GDP and other traditional macroeconomic variables, and the economic sentiment of households and firms. GDP growth, which is used as the main economic indicator, provides a good repres...

[2019-1] Significance of Inflation Target for 2019 Onwards: The Bank of Korea published Inflation Target for 2019 Onwards on December 26, 2018. The target was finalized after consultation with the government and with the approval of the Bank’s Monetary Policy Board (MPB). Three aspects of Inflation Target for 2019 Onwards are particularly n...

Regional Economic Report (Dec 2018): This report, a condensed English version of the Regional Economic Report published in Korean, summarizes recent developments in regional economic activities based on information gathered by the 15 regional branches of the Bank of Korea from businesses and other sources within each region between l...

Monetary Policy Report (November 2018): - This is an unofficial translation prepared by the Bank's staff based on the original Korean text released on November 8, 2018. - Data for figures are available in the attached Excel file. - Inquiries: tel 82-2-759-4676, e-mail...

Financial Stability Report (June 2018): - Please refer to the attached PDF file. - This is a translation prepared by the Bank's staff based on the original Korean text released on June 20, 2018

Financial Statement Analysis for 2017: FOREWORD The Bank of Korea is pleased to release the 2017 edition of its Financial Statement Analysis (FSA), published annually since 1960 to provide research on and analysis of the business performances and financial conditions of Korean corporations. This edition contains the f...