Bank of Korea

Recent Papers & Publications

Monetary Policy Report (September 2021): - This report is the English version of the Bank of Korea's Monetary Policy Report published on October 25, 2021. In 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...

[2021-9] Impacts of Climate Change Response on Industries: Amid heightened attention being paid to climate change since the outbreak of COVID-19, international society is stepping up its efforts to achieve carbon neutrality. Korea has also come up with a related Action Plan, after announcing last year its plan to be carbon neutral by 2050, and it has recent...

[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...

[2021-10] Estimation and Analysis of Consumption Inequality in Korea: Consumption inequality is an indicator showing the gap in the consumption level among income groups. It is mainly used to measure inequality felt by households or assess a comprehensive inequality encompassing income and asset inequalities. Accordingly, academia and major institutions have been stea...

[2021-9] Impacts of Climate Change Response on Industries: Amid heightened attention being paid to climate change since the outbreak of COVID-19, international society is stepping up its efforts to achieve carbon neutrality. Korea has also come up with a related Action Plan, after announcing last year its plan to be carbon neutral by 2050, and it has recent...

Quarterly Bulletin(September 2021): - Current Economic and Financial Developments …3 - Effects of Major Countries' Climate Change Responses on Korea's Exports: Centering on Carbon Border Tax …14 - Financial Stability Overview…40 - Trends of Payment and Settlement in the First Half of 2021 &hellip...

Regional Economic Report (September 2021): This is a condensed English version of the Regional Economic Report published in Korean on September 29, 2021. Regional economic conditions in the Report are based on the results of business surveys conducted by the 15 branches of the Bank of Korea between August 11 and September 8, 2021, and on oth...

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)