Details about Woon Gyu Choi

Access statistics for papers by Woon Gyu Choi.

Last updated 2023-06-08. Update your information in the RePEc Author Service.

Short-id: pch313

Working Papers

2023

1. Macroprudential Policy and Bank Systemic Risk: Does Inflation Targeting Matter?
   IMF Working Papers, International Monetary Fund

2021

2. Loose Financial Conditions, Rising Leverage, and Risks to Macro-Financial Stability
   IMF Working Papers, International Monetary Fund View citations (1)

2018

3. Policy Conflicts and Inflation Targeting: The Role of Credit Markets
   IMF Working Papers, International Monetary Fund View citations (4)

2017

4. Divergent Emerging Market Economy Responses to Global and Domestic Monetary Policy Shocks
   ADB Economics Working Paper Series, Asian Development Bank View citations (4)
5. Global Liquidity Transmission to Emerging Market Economies, and Their Policy Responses
   IMF Working Papers, International Monetary Fund View citations (31)
   Also in Working Papers, Economic Research Institute, Bank of Korea (2014) View citations (4)
   See also Journal Article Global liquidity transmission to emerging market economies, and their policy responses, Journal of International Economics, Elsevier (2017) View citations (24) (2017)

2016

6. Divergent EME Responses to Global and Domestic Monetary Policy Shocks
   Working Papers, Economic Research Institute, Bank of Korea

2010

7. Dissecting Taylor Rules in a Structural VAR
   IMF Working Papers, International Monetary Fund View citations (8)
   Also in Working Papers, Federal Reserve Bank of St. Louis (2010) View citations (7)
8. Fire Sales and the Financial Accelerator
   IMF Working Papers, International Monetary Fund
   See also Journal Article Fire sales and the financial accelerator, Journal of Monetary Economics, Elsevier (2012) View citations (8) (2012)
9. Monetary Transmission of Global Imbalances in Asian Countries
   IMF Working Papers, International Monetary Fund View citations (16)

2008

10. New Keynesian Exchange Rate Pass-Through
    IMF Working Papers, International Monetary Fund View citations (3)

2007

11. Capital Flows, Financial Integration, and International Reserve Holdings: The Recent Experience of Emerging Markets and Advanced Economies
    IMF Working Papers, International Monetary Fund View citations (24)
12. Financial Market Risk and U.S. Money Demand
    IMF Working Papers, International Monetary Fund View citations (5)

2005

13. Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?
    IMF Working Papers, International Monetary Fund View citations (4)
    Also in Econometric Society 2004 Far Eastern Meetings, Econometric Society (2004)
    See also Journal Article Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?, IMF Staff Papers, Palgrave Macmillan (2006) View citations (13) (2006)
14. Measuring interest rates as determined by thrift and productivity
    Working Papers, Federal Reserve Bank of St. Louis
    Also in Working Papers, Cornell University, Center for Analytic Economics (2000)
    See also Journal Article Measuring Interest Rates as Determined by Thrift and Productivity, Annals of Economics and Finance, Society for AEF (2007) (2007)
15. Stock Market Liquidity and the Macroeconomy: Evidence from Japan
    IMF Working Papers, International Monetary Fund View citations (9)
    See also Chapter Stock Market Liquidity and the Macroeconomy: Evidence from Japan, NBER Chapters, National Bureau of Economic Research, Inc (2006) View citations (7) (2006)

2003

16. Optimal Monetary Policy in a Small Open Economy with Habit Formation and Nominal Rigidities
    IMF Working Papers, International Monetary Fund View citations (13)
17. Trade Credit and the Effect of Macro-Financial Shocks: Evidence From U.S. Panel Data
    IMF Working Papers, International Monetary Fund View citations (5)
    See also Journal Article Trade Credit and the Effect of Macro-Financial Shocks: Evidence from U.S. Panel Data, Journal of Financial and Quantitative Analysis, Cambridge University Press (2005) View citations (69) (2005)

2002

18. Liability Dollarization and the Bank Balance Sheet Channel
    IMF Working Papers, International Monetary Fund View citations (18)
    See also Journal Article Liability dollarization and the bank balance sheet channel, Journal of International Economics, Elsevier (2004) View citations (84) (2004)

2001

19. Has Inventory Investment Been Liquidity-Constrained? Evidence From U.S. Panel Data
    IMF Working Papers, International Monetary Fund View citations (4)
20. Monetary Policy and Corporate Liquid Asset Demand
    IMF Working Papers, International Monetary Fund View citations (7)

2000

21. Endogenous Money Supply and Money Demand
    IMF Working Papers, International Monetary Fund View citations (3)
22. The Inverted Fisher Hypothesis: Inflation Forecastability and Asset Substitution"
    IMF Working Papers, International Monetary Fund View citations (2)
    See also Journal Article The Inverted Fisher Hypothesis: Inflation Forecastability and Asset Substitution, IMF Staff Papers, Palgrave Macmillan (2002) View citations (4) (2002)

Journal Articles

2017

1. Global liquidity transmission to emerging market economies, and their policy responses
   Journal of International Economics, 2017, 109, (C), 153-166 View citations (24)
   See also Working Paper Global Liquidity Transmission to Emerging Market Economies, and Their Policy Responses, IMF Working Papers (2017) View citations (31) (2017)

2012

2. Fire sales and the financial accelerator
   Journal of Monetary Economics, 2012, 59, (4), 336-351 View citations (8)
   See also Working Paper Fire Sales and the Financial Accelerator, IMF Working Papers (2010) (2010)

2009

3. Net Capital Flows, Financial Integration, and International Reserve Holdings: The Recent Experience of Emerging Markets and Advanced Economies
   IMF Staff Papers, 2009, 56, (3), 516-540 View citations (6)

2007

4. Measuring Interest Rates as Determined by Thrift and Productivity
   Annals of Economics and Finance, 2007, 8, (1), 167-195
   See also Working Paper Measuring interest rates as determined by thrift and productivity, Working Papers (2005) (2005)

2006

5. Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?
   IMF Staff Papers, 2006, 53, 8 View citations (13)
   See also Working Paper Asymmetric Effects of Government Spending: Does the Level of Real Interest Rates Matter?, IMF Working Papers (2005) View citations (4) (2005)

2005

6. Trade Credit and the Effect of Macro-Financial Shocks: Evidence from U.S. Panel Data
   Journal of Financial and Quantitative Analysis, 2005, 40, (4), 897-925 View citations (69)
   See also Working Paper Trade Credit and the Effect of Macro-Financial Shocks: Evidence From U.S. Panel Data, IMF Working Papers (2003) View citations (5) (2003)

2004

7. Liability dollarization and the bank balance sheet channel
   Journal of International Economics, 2004, 64, (2), 247-275 View citations (84)
   See also Working Paper Liability Dollarization and the Bank Balance Sheet Channel, IMF Working Papers (2002) View citations (18) (2002)

2003

8. A Money Demand Function with Output Uncertainty, Monetary Uncertainty, and Financial Innovations
   Journal of Money, Credit and Banking, 2003, 35, (5), 685-709 View citations (74)

2002

9. The Inverted Fisher Hypothesis: Inflation Forecastability and Asset Substitution
   IMF Staff Papers, 2002, 49, (2), 4 View citations (4)
   See also Working Paper The Inverted Fisher Hypothesis: Inflation Forecastability and Asset Substitution", IMF Working Papers (2000) View citations (2) (2000)

2000

10. Erratum: Asymmetric Monetary Effects on Interest Rates across Monetary Policy Stances
    Journal of Money, Credit and Banking, 2000, 32, (1), 154

1999

11. Asymmetric Monetary Effects on Interest Rates across Monetary Policy Stances
    Journal of Money, Credit and Banking, 1999, 31, (3), 386-416 View citations (16)
12. Estimating the Discount Rate Policy Reaction Function of the Monetary Authority
    Journal of Applied Econometrics, 1999, 14, (4), 379-401 View citations (20)

1988

13. Tests for Separability and Existence of Consistent Monetary Aggregates: The Korean Case
    Korean Economic Review, 1988, 4, 131-164

Chapters

2017

1. Comments on "Household credit in Asia-Pacific"
   A chapter in Financial systems and the real economy, 2017, vol. 91, pp 145-151

2006

2. Stock Market Liquidity and the Macroeconomy: Evidence from Japan
   A chapter in Monetary Policy with Very Low Inflation in the Pacific Rim, 2006, pp 309-335 View citations (7)
   See also Working Paper Stock Market Liquidity and the Macroeconomy: Evidence from Japan, International Monetary Fund (2005) View citations (9) (2005)