Bank of Korea

Recent Papers & Publications

Executive Summary for Monetary Policy Report (June 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) +82-2-759-4940, ...

Financial Stability Report (December 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 December 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...

[2021-4] Decomposition of the Unemployment Rate through Labor Flow Analysis: The unemployment rate in Korea, which shows weak co-movement with the business cycle and has been on a sustained upward trend since 2013, was recently at its highest level since the global financial crisis, affected by the COVID-19 pandemic. This paper examines the secular structural changes inheren...

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...

[2021-4] Decomposition of the Unemployment Rate through Labor Flow Analysis: The unemployment rate in Korea, which shows weak co-movement with the business cycle and has been on a sustained upward trend since 2013, was recently at its highest level since the global financial crisis, affected by the COVID-19 pandemic. This paper examines the secular structural changes inheren...

[2021-3] Relation between Disease Control Measures and Economic Costs in a Pandemic Crisis: The spread of COVID-19 is a global public health crisis that has caused unprecedented shocks to the global economy. Domestically, stronger social distancing measures following the resurgence of the pandemic have worked to delay economic recovery, and recovery in consumption in particular. This paper...

Executive Summary for Monetary Policy Report (June 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) +82-2-759-4940, ...

Quarterly Bulletin(March 2021): - Current Economic and Financial Developments …3 - Impact of Industrial Robot Deployment on Employment …14 - Financial Stability Overview …31 - Trends of Payment and Settlement in 2020 …40 - Appendices …45

Financial Stability Report (December 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 December 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...