KDI Journal of Economic Policy

2015 - 2026

Current editor(s): Dongseok Kim

From Korea Development Institute (KDI)
Contact information at EDIRC.
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Volume 48, issue 3, 2026

Invoicing currency and exchange rate transmission in Korea's export pp. 1-24

Junhyong Kim

Effects of the basic pension reform on consumption and labor supply of the elderly pp. 25-49

Minsoo Cho and Hyelim Son

An analysis on adequacy of effective reserve requirement ratio in Korea pp. 51-84

Jong Chil Son and Joonyoung Hur

The impact of financial stability policies on Korea treasury bond yields pp. 85-126

Jong Soo Hong and Meeroo Kim

Volume 48, issue 2, 2026

The effects of increased Korea Treasury Bond issuance on the yield curve pp. 1-35

Meeroo Kim and Jong Soo Hong

CBDC and bank money creation pp. 37-62

Sunjoo Hwang

The effects of parental competitive pressure on private education investment pp. 63-87

Sungmin Han and Seungjoo Han

Volatility spillover effects in foreign exchange markets among China, Japan, and South Korea pp. 89-109

Bok-Keun Yu and Kwon Sik Kim

Volume 48, issue 1, 2026

Introduction to the special issue on population, aging, and the economy pp. 1-4

Munseob Lee

Addressing the Demographic Decline in South Korea pp. 5-31

Daniel Carroll, Sewon Hur, Selahattin İmrohoroğlu and Braden Strackman

Can healthy aging boost the labor supply? Evidence from Korea pp. 33-62

Bertrand Gruss, Jincheng Huang, Andresa Lagerborg, Diaa Noureldin and G. Kemal Ozhan

Marriage and child penalties: Evidence from South Korea pp. 63-94

MinSub Kim

Recent socioeconomic differentials in marriage rates in Korea and China: A comparative study pp. 95-124

Minhee Chae

Population aging and living arrangements: Implications on inequality pp. 125-152

Sang-hyop Lee, Andrew Mason and Hyun Kyung Kim

Volume 47, issue 4, 2025

Heterogeneity and gross worker flows pp. 1-34

Weh-Sol Moon

Decomposing the growth of part-time work in South Korea, 2010-2024 pp. 35-71

Su Hwan Chung

Heterogeneous impacts of the U.S.-China trade war on Korea: What drives industry differences? pp. 73-129

Heehyun Lim

Effects of weather conditions on prices in Korea pp. 131-158

Seunghee Lee

Volume 47, issue 3, 2025

Contract type selection in Korea's large-scale retail sector pp. 1-29

Jinkook Lee and Myoungshik Seo

On the effects of national debt on the distribution of household assets pp. 31-68

Seung-Ryong Shin

The macroeconomic effects of structural oil price shocks: An international GVAR analysis pp. 69-88

Sora Chon

Efficiency effects of regulations on unfair subcontracting behaviors pp. 89-114

Yonghyeong Yang

Sharing economic rents with workers? Evidence from matched employer-employee data in Vietnam pp. 115-128

Nobuaki Yamashita

Volume 47, issue 2, 2025

From Hermit Kingdom to miracle on the Han: Sources of policy change in Korea's trade transformation pp. 1-36

Douglas A. Irwin

Who benefits from government guarantees: Evidence from Saitdol loans pp. 37-80

Meeroo Kim

Free economic zones and firm performance: Evidence from Korea pp. 81-97

Jung-Wook Kim and Jong-Wha Lee

Volume 47, issue 1, 2025

Exploring revenue trends in alley commercial areas in Seoul, Korea pp. 1-17

Hongjai Rhee

The impact of external uncertainty shocks on the Korean economy pp. 19-66

Junhyong Kim

Structural reforms to enhance the sustainability and intergenerational equity of the National Pension System pp. 67-94

Kank Koo Lee

Financial projection of the basic pension under selective eligibility criteria pp. 95-134

Dohun Kim

Volume 46, issue 4, 2024

Analyzing defined contribution pension reform in Korea using a general equilibrium model pp. 1-48

Seung-Ryong Shin

Post-closure career paths of self-employed workers pp. 49-72

MinSub Kim

Volume 46, issue 3, 2024

The impact of US export controls on Korean semiconductor exports pp. 1-23

Hanhin Kim and Jaehan Cho

Trump tariffs and roundabout trade pp. 25-47

Tadashi Ito

Exports to the US and imports from China during the US-China tariff war: Evidence from regional trade data in Vietnam pp. 49-66

Kazunobu Hayakawa

Economic effects of unemployment insurance for entrepreneurs in South Korea pp. 67-91

Jiyeon Kim

Volume 46, issue 2, 2024

Effects of stockholders' secondary tax liability on corporate investment pp. 1-20

Jangwook Lee

A theoretical analysis of public procurement for innovation pp. 21-43

Sunjoo Hwang

New indicators of global integration using input-output analysis pp. 45-74

Dongseok Kim

Volume 46, issue 1, 2024

China's slowdown pp. 1-19

Barry Eichengreen

Assessing the contributions of non-bank financial institutions (NBFI) and ELS issuance to systemic risk in Korea pp. 21-51

Jong Soo Hong

Effects of intellectual property rights protection on services export diversification in developing countries pp. 53-89

Sèna Kimm Gnangnon

거시경제와 금융안정을 종합 고려한 최적 통화정책체계 연구 (Optimal monetary policy system for both macroeconomics and financial stability) pp. 91-129

Joonyoung Hur and Hyoung Seok Oh

Volume 45, issue 4, 2023

The effectiveness of capital controls and macroprudential measures pp. 1-22

Junyong Lee, Kyounghun Lee and Frederick Dongchuhl Oh

From miracle to mediocrity? Explaining the growth slowdown of the Korean economy pp. 23-56

Duyong Kangand and Sungkeun Park

Volume 45, issue 3, 2023

The peace effects of inter-Korean trade and the political-economic separation: Analysis of the reciprocal effects of inter-Korean relations and inter-Korean trade pp. 1-24

Kyoochul Kim

Productive capacities, structural economic vulnerability and fiscal space volatility in developing countries pp. 25-48

Sèna Kimm Gnangnon

Volume 45, issue 2, 2023

Improving social acceptance for carbon taxation in South Korea pp. 1-20

Yeochang Yoon

The role of digital technology in climate technology innovation pp. 21-50

Karam Jo

Population aging in Korea: Importance of elderly workers pp. 51-69

Jaejoon Lee

Volume 45, issue 1, 2023

Service Matters: Capital Misallocation and Sectoral Economic Growth pp. 1-32

Woo Jin Choi and Woo Jin Roh

Effects of the Utilization of Non-Reciprocal Trade Preferences Offered by QUAD Countries on Economic Growth in Beneficiary Countries pp. 33-68

Sèna Kimm Gnangnon

Regulatory Sentiment and Economic Performance pp. 69-86

Jung-Wook Kim and Jinkyeong Kim