Bank of Korea

Recent Papers & Publications

Executive Summary for Monetary Policy Report (September 2021): - This is the English version of the Executive Summary for the Bank of Korea's Monetary Policy Report. In the case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached excel file. - Inquiries : (Tel) +82-2-759-4676...

Financial Stability Report (June 2021): - 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 22, 2021.

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...

[2021-8] Demographic Adjustment of Unemployment Rate: The unemployment rate is one of the most widely used indicators for measuring the business cycle and labor market conditions. However, it is subject to the problem of being affected by demographic changes over the medium- to long-term horizon. For example, when population aging takes place, the tota...

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...

[2021-8] Demographic Adjustment of Unemployment Rate: The unemployment rate is one of the most widely used indicators for measuring the business cycle and labor market conditions. However, it is subject to the problem of being affected by demographic changes over the medium- to long-term horizon. For example, when population aging takes place, the tota...

[2021-7] Effects of Major Countries' Climate Change Responses on Korea's Exports: Centering on Carbon Border Tax: With the seriousness of climate change having been highlighted by the outbreak of COVID-19, major countries are now making all-encompassing efforts to transition to a low-carbon, green economy in an attempt to respond to climate change. The EU and the US are planning and considering introduction of ...

Executive Summary for Monetary Policy Report (September 2021): - This is the English version of the Executive Summary for the Bank of Korea's Monetary Policy Report. In the case of any inconsistency, the original version in Korean will prevail. - Data for figures are available in the attached excel file. - Inquiries : (Tel) +82-2-759-4676...

Quarterly Bulletin(June 2021): - Current Economic and Financial Developments …3 - Effects of the Central Bank Liquidity Swap on Korean FX Markets - The Case during the COVID-19 Crisis …14 - Summary of the 2020 National Accounts (Preliminary) …33 - Flow of Funds in 2020 (Prelim...

Financial Stability Report (June 2021): - 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 22, 2021.

Payment and Settlement Systems Report 2020: Payment and Settlement Systems Report 2020 (Please refer to the attached file)