Kwangyong Park

Economist, Economic Research Institute, The Bank of Korea

110, 3-Ga, Namdaemunno, Jung-Gu

Seoul 100-794

Korea, Republic of (South Korea)

SCHOLARLY PAPERS

10

DOWNLOADS

748

SSRN CITATIONS

1

CROSSREF CITATIONS

0

Scholarly Papers (10)

1.

노동시장의 이중구조와 정책대응: 해외사례 및 시사점(Labor Market Duality in Korea and Policy Responses)

Bank of Korea WP 2018-40
Number of pages: 64 Posted: 14 Dec 2018
B.Y. Cheon, In Do Hwang and Kwangyong Park
Korea Labor Institute, Bank of Korea and Economist, Economic Research Institute, The Bank of Korea
Downloads 207 (221,782)

Abstract:

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Labor market duality

2.

Central Bank Credibility and Monetary Policy

International Journal of Central Banking, forthcoming
Number of pages: 56 Posted: 24 Dec 2018 Last Revised: 29 Nov 2021
Kwangyong Park
Economist, Economic Research Institute, The Bank of Korea
Downloads 149 (294,469)
Citation 1

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Monetary policy, Credibility, Learning, Bounded Rationality

3.

Endogenous Uncertainty and Monetary Policy

Number of pages: 35 Posted: 15 Oct 2020 Last Revised: 25 Oct 2022
ShinHyuck Kang and Kwangyong Park
Korea Labor Institute and Economist, Economic Research Institute, The Bank of Korea
Downloads 73 (477,116)

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Endogenous Uncertainty, Monetary Policy

4.

Uncertainty, Attention Allocation and Monetary Policy Asymmetry

Bank of Korea WP 2019-5
Number of pages: 97 Posted: 31 Jan 2019
Kwangyong Park
Economist, Economic Research Institute, The Bank of Korea
Downloads 72 (480,700)

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Monetary policy asymmetry, Uncertainty, Information choice

5.

Identifying Government Spending Shocks and Multipliers in Korea

Bank of Korea WP 2019-22
Number of pages: 43 Posted: 16 Sep 2019
Kwangyong Park and Eun Kyung Lee
Economist, Economic Research Institute, The Bank of Korea and Bank of Korea - Economic Research Institute
Downloads 71 (484,403)
Citation 1

Abstract:

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Fiscal policy, Multiplier

6.

Gini in the Taylor Rule: Should the Fed Care About Inequality?

Number of pages: 43 Posted: 26 Jul 2021
Eunseong Ma and Kwangyong Park
Louisiana State University, Baton Rouge and Economist, Economic Research Institute, The Bank of Korea
Downloads 67 (499,395)

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Monetary Policy; Inequality; Welfare; Taylor Rule; Nonconvexity

7.

The Excess Sensitivity of Long-term Interest rates and Central Bank Credibility

Bank of Korea WP 2020-29
Number of pages: 53 Posted: 18 Dec 2020
Kwangyong Park
Economist, Economic Research Institute, The Bank of Korea
Downloads 45 (598,939)

Abstract:

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Monetary Policy, Credibility, Term Structure, Excess Volatility

8.

External Information and Fiscal Multipliers

Number of pages: 34 Posted: 16 Feb 2022 Last Revised: 13 May 2022
Kwangyong Park and Lee ByungHo
Economist, Economic Research Institute, The Bank of Korea and Bank of Korea - Economic Research Institute
Downloads 34 (662,612)

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Fiscal Multiplier, Fiscal Policy, External Instrument, proxy VAR

9.

Macroeconomic Impacts of COVID-19 and Universal Transfer Programs: The Case of Korea

Global Economic Review, Forthcoming
Number of pages: 37 Posted: 19 Sep 2022 Last Revised: 14 Oct 2022
Kwangyong Park
Economist, Economic Research Institute, The Bank of Korea
Downloads 15 (811,582)

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COVID-19, Fiscal Policy, Labor Friction, Universal Transfers, SIR model

10.

Do More Frequent Price Adjustments Imply Less Effective Monetary Stimulus as Uncertainty Rises?

Number of pages: 57 Posted: 19 May 2022
Kwangyong Park
Economist, Economic Research Institute, The Bank of Korea
Downloads 15 (811,582)

Abstract:

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Monetary policy asymmetry, Uncertainty, Information choice