Bank of Korea

Recent Papers & Publications

Executive Summary for Monetary Policy Report (September 2020): - This is the English version of the Executive Summary for 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. - ...

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...

[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...

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...

[2020-7] 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...

[2020-6] Economic Forecasting Using Infectious Disease Spread Model: The global and Korean economies have been hit hard by the rapid spread of COVID-19. Under these circumstances, the policy authorities have been making efforts to enhance the precision of economic forecasting, considering uncertainties stemming from COVID-19 developments. This paper establishes an ec...

Executive Summary for Monetary Policy Report (September 2020): - This is the English version of the Executive Summary for 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. - ...

Quarterly Bulletin(June 2020): - Current Economic and Financial Developments …3 - Price Adjustment Behavior of Firms under Low Inflation Environment …14 - Flow of Funds in 2019 (preliminary) …30 - Summary of the 2019 National Accounts (provisional) …36 - Appendices &...

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...