Bank of Korea

Recent Papers & Publications

Monetary Policy Report (September 2020): - This report is the English version of the Bank of Korea's Monetary Policy Report, published on September 10, 2020. In the case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached Excel file. &nb...

Financial Stability Report (June 2020): - 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 24, 2020.

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...

Regional Economic Report (Sep 2020): This report, a condensed English version of the Regional Economic Report published in Korean, summarizes recent developments in regional economic activity based on information gathered by the 15 regional branches of the Bank of Korea from businesses and other sources within each region between mid-A...

Financial Statement Analysis for 2018: FOREWORD Bank of Korea is pleased to release the 2018 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 finan...

[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...

[2020-8] Results of Bank of Korea Macro-Econometric Model (BOK20) Construction: Bank of Korea has been using the BOK12, a traditional Keynesian simultaneous equation model, along with dynamic general equilibrium models, such as the BOKDSGE, to analyze responses of macro variables to economic shocks. As a backward-looking model based on the estimation of behavioral equations, th...

[2020-7] The Decline in Startups and its Macroeconomic Effects: Startups are not only a major channel of job creation, but also contribute to improving productivity in the overall economy, by introducing new technologies and new products, and facilitating market competition. However, since early 2000, we have seen a prolongation of a startup deficit across all i...

Regional Economic Report (Sep 2020): This report, a condensed English version of the Regional Economic Report published in Korean, summarizes recent developments in regional economic activity based on information gathered by the 15 regional branches of the Bank of Korea from businesses and other sources within each region between mid-A...

Monetary Policy Report (September 2020): - This report is the English version of the Bank of Korea's Monetary Policy Report, published on September 10, 2020. In the case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached Excel file. &nb...

Financial Stability Report (June 2020): - 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 24, 2020.

2019 Annual Report: 1. This is an unofficial translation prepared by the Bank's staff based on the original Korean text released on March 31, 2020. 2. Contents Preface by the Governor PDF download Ⅰ. Overview of Bank of Korea PDF download &nbs...