Bank of Korea

Recent Papers & Publications

Monetary Policy Report (March 2020): - This report is the English version of the Bank of Korea's Monetary Policy Report, published on March 12, 2020. In the case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached Excel file. &nbs...

Payment and Settlement Systems Report 2019: Payment and Settlement Systems Report 2019 (Please refer to the attached file)

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...

Financial Statement Analysis for 2019: Financial Statement Analysis for 2019

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...

[2020-3] Impact of Leveraged ETFs on Stock Market Volatility: Leveraged exchange-traded funds (ETFs), which aim to achieve a certain percentage of yield on their underlying assets, such as stock price indexes, have been growing rapidly since their introduction as more attention has been placed on their merits: the provision to market participants of high-ret...

[2020-2] Analysis of Factors Affecting Recent Changes in Propensity to Consume and Their Implications: The propensity to consume remained largely unchanged from 2000 to 2012, with the exception of 2003 when the credit card crisis hit. Starting in 2012, however, it fell continuously before slightly rebounding after 2015. This development is distinguished from that seen in 2003 when the decline was i...

Quarterly Bulletin(March 2020): - Current Economic and Financial Developments …3 - Analysis of Factors Affecting Recent Changes in Propensity to Consume and Their Implications …15- Financial Stability Overview …35 - Trends of Payment and Settlement in 2019 …44 - Appendic...

Monetary Policy Report (March 2020): - This report is the English version of the Bank of Korea's Monetary Policy Report, published on March 12, 2020. In the case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached Excel file. &nbs...

Financial Stability Report (December 2019): - 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 December 26, 2019.

Financial Statement Analysis for 2019: Financial Statement Analysis for 2019