Korean Economic Review

1985 - 2025

Current editor(s): Kyung Hwan Baik

From Korean Economic Association
Contact information at EDIRC.
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2021, volume 37

Burdens of Proof and Judicial Errors in Civil Litigation pp. 5-35

Jeong-Yoo Kim

Impacts of Liquidity Preference on Loan-to-Deposit Ratio and Regional Economic Growth: A Post-Keynesian View pp. 37-63

Wonik Park and Byoungkil Min

Payments Systems, Liquidity, Collateral, and Central Banking pp. 65-84

Hyung Sun Choi

Price Signalling Differentiated Experience Goods: Are Uniform Movie Prices a Puzzle? pp. 85-113

In-Uck Park and Joon Song

Optimal Contracts under Moral Hazard and Costly Lying pp. 115-140

Keeyoung Rhee

Politics, Religion, and Tax Incentives for Charitable Giving in South Korea pp. 141-155

YoungRok Kim

Credit Constraint and Excess Return: The Case of Chonsei Leases in Korea pp. 157-197

Sam-Ho Lee

On the Long-Term Effect of Recent Housing Policies in Korea pp. 199-223

Byoung Hoon Seok and Hye Mi You

The Economic Costs of Diplomatic Conflict: Evidence from the South Korea–China THAAD Dispute pp. 225-262

Hyejin Kim and Jungmin Lee

The Uniqueness of Dynamic Groves Mechanisms on Restricted Domains pp. 263-285

Kiho Yoon

Private Tutoring and Distribution of Student Academic Outcomes: An Implication of the Presence of Private Tutoring for Educational Inequality pp. 287-326

Changhui Kang and Yoonsoo Park

Monetary Policy and Long-Term Interest Rates in Korea: A Decomposition Analysis pp. 327-366

Sangyong Joo, Daehwan Kim and Jeffrey Nilsen

How Do House Prices Affect Consumption Patterns Across Categories? pp. 367-398

Wonhyeok Kim, Soohyung Lee and Yoonsoo Lee

Efficient Mimicking Portfolios in Asset Pricing Tests pp. 399-417

Jinyong Kim, Kun Ho Kim and Jeong Hwan Lee

How to Improve Worker–Firm Matching: Evidence from a Temporary Foreign Worker Market pp. 419-454

Yoonyoung Cho and Soohyung Lee

2020, volume 36

Statistical Discrimination, Employer Learning, and Employment Gap by Race and Education pp. 5-27

Seik Kim and Hwa Ryung Lee

The Efficiency of Financial Holding Companies in Korea pp. 29-58

Garam Ahn, Frederick Dongchuhl Oh and Junghum Park

Sectoral Heterogeneity in Nominal Rigidities in Korea: Implications for Monetary Policy pp. 59-99

Seula Kim and Jae Won Lee

Competition in Corporate and Personal Income Tax: Evidence from 67 Developed and Developing Countries pp. 101-133

Young Lee

Review on Difference in Differences pp. 135-173

Myoung-jae Lee and Yasuyuki Sawada

Parental Cheating Regarding Child’s Birthday: A Response to the School Cutoff Date pp. 175-200

Hyunkuk Cho and Yong-Woo Lee

Impact of Longevity Risks on the Korean Government: Proposing a New Mortality Forecasting Model pp. 201-225

Yongok Choi

Cross-Border Spillover Effect of Particulate Matter Pollution between China and Korea pp. 227-248

Hyemin Park, Wonhyuk Lim and Hyungna Oh

Accounting for Changes in House Prices and Rent in Korea, 2001–2016 pp. 249-283

Jay H. Hong, Choonsung Park and Joon Song

Hollowing Out or Filling In? The Effects of Multinational Enterprises on Domestic Plant Turnover and Job Growth in Factory Asia pp. 285-317

Hyunbae Chun, Jung Hur and Nyeong Seon Son

Impact of the Simultaneous Use of the Stigmatization and Categorical School Funding Policy on the Test and Post-Secondary Outcomes of Lower-Achieving Students pp. 319-352

Seunghoon Han and Hosung Sohn

The Monetary Policy Reaction Function in Korea with Multi-level Factors pp. 353-376

Byoungsoo Cho

Limited Impact of Business Development Programs on Entrepreneurs’ Profitability in the Presence of Ambiguity Aversion pp. 377-413

Dmitry Shapiro

Employer Size and Wage Inequality: Rent-Sharing Role of Performance Pay pp. 415-444

Sang-yoon Song

Policy Implications of Investment Rate Distributions in the Korean Manufacturing Sector pp. 445-480

Jinhee Woo

Triple Regime Stochastic Volatility Model with Threshold and Leverage Effects pp. 481-509

Heejoon Han and Eunhee Lee

2019, volume 35

CO2 Emissions, Foreign Direct Investments, Energy Consumption, and GDP in Developing Countries: A More Comprehensive Study using Panel Vector Error Correction Model pp. 5-24

Suyi Kim

Reassessing the Inflows and Outflows of Unemployment in Korea pp. 25-59

Jong-Suk Han and Jiwoon Kim

Optimal Partial and Full Disability Insurance with an Application to Korea pp. 61-107

Kyung-woo Lee

Repeated Games with Asymptotically Finite Horizon and Imperfect Public Monitoring pp. 109-123

Yves Guéron

Two-Dimensional Self-Selection of Borrowers pp. 125-161

Sung Kim

Export Subsidies and Least Developed Countries: An Entry-Deterrence Model under Complete and Incomplete Information pp. 163-182

Kyoungwon Rhee and Moonsung Kang

Long Memory Volatility, Central Bank Intervention and Uncovered Interest Rate Parity in the 1920s Exchange Markets pp. 183-203

Richard T. Baillie and Young Wook Han

Tests for Detecting Probability Mass Points pp. 205-248

Byung-hill Jun and Hosin Song

Cheap Talk by Two Senders in the Presence of Network Externalities pp. 249-274

Jeahan Jung and Jeong-Yoo Kim

Within-District School Lotteries, District Selection, and the Average Partial Effects of School Inputs pp. 275-306

Eleanor Choi, Hyungsik Moon and Geert Ridder

Endogenous Growth and Equilibrium Cycles under Altruistic and Envious Preferences pp. 307-344

Hyun Park

Endogenous Timing with a Socially Responsible Firm pp. 345-370

Arturo Garcia, Mariel Leal and Sang-Ho Lee

Efficiency and Revenue in Asymmetric Auctions pp. 371-391

Kyungmin Kim and Youngwoo Koh

Retirement and Cognitive Ability in Korea pp. 393-415

Hyejin Kim

Vertical Integration and Market Foreclosure: Empirical Evidence from the Korean Movie Industry pp. 417-438

Yun Jeong Choi, Jong-Hee Hahn and Hojung Kim

Investor’s Information Sharing with Firms in Oligopoly pp. 439-469

Myeonghwan Cho

Deciphering Monetary Policy Board Minutes with Text Mining: The Case of South Korea pp. 471-511

Young Joon Lee, Soohyon Kim and Ki Young Park

2018, volume 34

The Open-Economy Trilemma in the Long Run pp. 5-28

Barry Eichengreen

International Fiscal Spillovers: A Review Essay pp. 29-50

Michael Devereux

A Model of Endogenous Party Membership and Platforms with Opportunistic Politicians pp. 51-73

Kwang-ho Kim

Optimal Design of a Politically Feasible Environmental Regulation pp. 75-99

Jongmin Yu and Seokjong Ryu

Marriage, Working Spouses, and Male Wage Volatility pp. 101-115

Hye Mi You

Price Discrimination with Loss Averse and Horizontally Differentiated Consumers pp. 117-129

Jong-Hee Hahn, Jinwoo Kim, Sang-Hyun Kim and Jihong Lee

Peer Pressure with Inequity Aversion pp. 131-155

Kangsik Choi, Jae-Joon Han and Minhwan Lee

Retrospective Generational Accounts for Korea pp. 157-185

Young Jun Chun and Ji Eun Song

Impacts of Income Inequality on CO2 Emission under Different Climate Change Mitigation Policies pp. 187-211

Jeong Hwan Bae

Modeling the Dynamics between Stock Price and Dividend: An Endogenous Regime Switching Approach pp. 213-235

Heejoon Han and Na Kyeong Lee

Analysis of Korea’s Long-Term Growth Process and Lessons for Sustainable Development Policy pp. 237-265

Hyeok Jeong

Inflation Risk, Settlement Cycles, and Monetary Policy pp. 267-282

Hyung Sun Choi