Gongpil Choi

Center for Digital Finance

Director

Korea

Seocho-Gu

Seoul, Seoul 06621

http://journal-digitalassets.org

SCHOLARLY PAPERS

30

DOWNLOADS

1,365

SSRN CITATIONS

2

CROSSREF CITATIONS

9

Scholarly Papers (30)

1.

Inner Workings of Collateral-based Stablecoins and its Implications

Korea Institute of Finance Working Paper
Number of pages: 36 Posted: 22 Mar 2021
Gongpil Choi
Center for Digital Finance
Downloads 181 (255,902)

Abstract:

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Blockchain, collateral, cryptocurrency, stablecoin

2.

The Use of Virtual Currencies in Small-Value Cross-Border Remittances and Its Implication

Number of pages: 27 Posted: 25 Aug 2017 Last Revised: 15 Nov 2017
Gongpil Choi, Meeyoung Park and NaEun Park
Center for Digital Finance, Korea Institute of Finance and Korea Institute of Finance
Downloads 145 (308,207)
Citation 2

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Cross-Border Remittance, Virtual Currency, Bitcoin, Fintech

3.
Downloads 119 (357,983)

Abstract:

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4.

A Digital Catapult for Inclusive Growth in Myanmar

Number of pages: 25 Posted: 16 May 2017 Last Revised: 14 Jul 2017
Gongpil Choi
Center for Digital Finance
Downloads 103 (396,174)

Abstract:

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financial inclusion, microfinance, open platform

5.

A Paradigm Shift Toward an Open, Digital, API Economy in Asia: Mobilizing AIIB Resources for Cross-Border Cooperation in the Region

Weekly Financial Brief, Vol. 15, May 2015
Number of pages: 5 Posted: 04 Feb 2016
Gongpil Choi
Center for Digital Finance
Downloads 103 (396,174)

Abstract:

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Open Economy, API, AIIB

6.

Reconnecting the Dots for the Payment Service Directive 2 - Compatible Asian Financial Network

East Asian Economic Review Vol. 23, No. 3 (September 2019) 285-309, DOI: 10.11644/KIEP.EAER.2019.23.3.364
Number of pages: 25 Posted: 23 Oct 2019
Gongpil Choi and Meeyoung Park
Center for Digital Finance and Korea Institute of Finance
Downloads 58 (549,857)

Abstract:

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PSD2, Digital Transformation, Financial Network, Governance, Mechanism Design, Asia

7.

TOK Stablecoin: A Catalyst for DeFi Ecosystem Expansion

Number of pages: 37 Posted: 07 Jun 2022
Gongpil Choi
Center for Digital Finance
Downloads 57 (554,371)

Abstract:

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DeFi, Decentralization, Stablecoin, Tokenomics

8.

Toward A Central Bank Collateral Framework for ABMI

Korea Institute of Finance Working Paper
Number of pages: 57 Posted: 08 Apr 2021
Gongpil Choi
Center for Digital Finance
Downloads 53 (573,101)

Abstract:

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ASEAN+3, Collateral, Financial Stability, Repurchase Agreement

Cross-Border Asset Pledgeability for Enhanced Financial Stability

Choi, G. P. 2020. Cross-Border Asset Pledgeability for Enhanced Financial Stability. East Asian Economic Review: 24[1]. 89-124.
Number of pages: 36 Posted: 07 Oct 2019 Last Revised: 01 Apr 2020
Gongpil Choi
Center for Digital Finance
Downloads 34 (696,824)
Citation 1

Abstract:

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Cross-Border Collateral, Asset Pledgeability, Safe Asset Shortage, Financial Stability, PVAR (Panel Vector Autoregression), Haircut

Cross-Border Asset Pledgeability for Enhanced Financial Stability

East Asian Economic Review, Vol. 24, No. 1 (March 2020)
Number of pages: 27 Posted: 13 Apr 2020
Gongpil Choi
Center for Digital Finance
Downloads 19 (815,392)

Abstract:

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Cross-Border Collateral, Asset Pledgeability, Safe Asset Shortage, Financial Stability, PVAR (Panel Vector Autoregression), Haircut

Financial Stability of a Small Open Economy Under Credit Constraints

Number of pages: 62 Posted: 15 Nov 2014
Gongpil Choi
Center for Digital Finance
Downloads 30 (725,673)
Citation 1

Abstract:

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Financial Market Friction, Fragile Financial Market, Developing Economy, Financial Booms and Busts

Financial Stability of a Small Open Economy Under Credit Constraints

East Asian Economic Review, Vol. 8, No. 2, pp.3-33, December 2004
Number of pages: 33 Posted: 29 Nov 2017
Gongpil Choi
Center for Digital Finance
Downloads 13 (871,537)

Abstract:

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Collateral-enhanced Credit Cycle

11.

A Regional Repo Market Initiative for Global Financial Stability

Number of pages: 57 Posted: 26 Feb 2015
Gongpil Choi
Center for Digital Finance
Downloads 40 (641,863)

Abstract:

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International monetary system reform, Regional repo market, Cross-border capital flows

12.

Social Governance, Growth Paradigm, and Mismatch Problems

Number of pages: 32 Posted: 11 Nov 2014
Gongpil Choi
Center for Digital Finance
Downloads 34 (678,571)

Abstract:

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Social Governance, Mismatches

13.

An Early Warning System for Contagious Currency Crisis

Number of pages: 41 Posted: 16 Nov 2014
Gongpil Choi
Center for Digital Finance
Downloads 32 (691,659)
Citation 1

Abstract:

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EWS, Contagion effect, Contagious currency crisis, Conragion vulnerability

14.

The Macroeconomic Implications of Regulatory Capital Adequacy Requirements for Korean Banks

Economic Notes, Vol. 29, Issue 1, February 2000
Number of pages: 33 Posted: 11 Jul 2000 Last Revised: 21 Jan 2015
Gongpil Choi
Center for Digital Finance
Downloads 29 (712,169)
Citation 1

Abstract:

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15.

Transformation of Financial Paradigm to Bolster Creativity-Driven Economy

KIF Weekly Financial Brief Vol.13, No.17, 2013
Number of pages: 5 Posted: 04 Feb 2016
Gongpil Choi
Center for Digital Finance
Downloads 27 (726,470)

Abstract:

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Bolster Creativity-driven Economy, financial infrastructure, Mega fund

16.

신흥시장 시스템 위기의 원인과 측정방안 (Anatomy of Systemic Risks in Emerging Economies: The Case of Korea)

Financial Stability Studies, Vol. 12, No. 1, Korea Deposit Insurance Corporation(KDIC), 2011, pp. 89-135.
Number of pages: 47 Posted: 13 Aug 2017 Last Revised: 09 Jan 2019
Gongpil Choi
Center for Digital Finance
Downloads 25 (741,292)

Abstract:

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시스템위험, 몬테칼로 시뮬레이션, 위험프레미엄, Systemic Risk, Monte Carlo Simulation, Insurance Premium

17.

Household Debt & Covered Bonds

KiIF Weekly Financial Review Vol. 21, No 12, 2012
Number of pages: 18 Posted: 04 Feb 2016
Gongpil Choi
Center for Digital Finance
Downloads 25 (741,292)

Abstract:

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Korean household debt, Balance-sheet adjustment, Covered bonds

18.

Post-Crisis Finanacial Development in Korea and Challenges for Monetary Policy

Number of pages: 44 Posted: 15 Nov 2014
Gongpil Choi
Center for Digital Finance
Downloads 24 (748,998)

Abstract:

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Financial Development, Monetary Plocy, Strengthening Market Mechanism

19.

The Emerging Market's Response to QE Tapering and Subsequent Shocks from Financial Market Tsunami

KIF Weekly Financial Brief, Vol. 13, No. 46, 2013
Number of pages: 4 Posted: 04 Feb 2016
Gongpil Choi
Center for Digital Finance
Downloads 22 (764,444)

Abstract:

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QE Tapering, Safe Assets, Asia Blue Bond

20.

A Comparison of Monetary Policy Rules for a Financially Vulnerable Economy: The Case of Korea

Number of pages: 70 Posted: 14 Nov 2014
Gongpil Choi
Center for Digital Finance
Downloads 22 (764,444)

Abstract:

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Monetary policy rules, Price stability, Stabilizing expectation

21.

How to Salvage the Current International Financial System

KIF Weekly Financial Review Vol. 20, No. 16, 2011
Number of pages: 16 Posted: 04 Feb 2016
Gongpil Choi
Center for Digital Finance
Downloads 21 (772,324)

Abstract:

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AMF, ACU, IFS, IMS

22.

Debt-Driven Recession and Systemic Risks in the Korean Banking Sector

Number of pages: 35 Posted: 15 Nov 2014
Gongpil Choi
Center for Digital Finance
Downloads 21 (772,324)

Abstract:

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Debt-driven recession, Japan style recession, Downward adjustment of real estate prices

23.

신흥시장 N-SIFI의 식별 및 감독방향(Identification of N-SIFI and Directions for Macro-Prudential Supervision)

Financial Stability Studies, Vol. 13, No. 1, Korea Deposit Insurance Corporation(KDIC), 2012, pp. 1-43.
Number of pages: 43 Posted: 13 Aug 2017 Last Revised: 09 Jan 2019
Gongpil Choi
Center for Digital Finance
Downloads 20 (780,418)
Citation 1

Abstract:

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SIFI, 거시건전성 감독, 금융안정, N-SIFI, Macroprudential Supervision, Financial Stability

24.

Growing Global Needs for ACU-Denominated Reserve Assets

Number of pages: 45 Posted: 15 Nov 2014
Gongpil Choi
Center for Digital Finance
Downloads 20 (780,418)
Citation 1

Abstract:

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ACU-type, Global Financial Stability, Reserve Assets, Excess Dollar Dominance, Regional Monetary Cooperation

25.

CMI Conditionality and Post-CMI Architecture

East Asian Economic Review, Vol. 7, No. 1, pp. 91-122, June 2003
Number of pages: 33 Posted: 01 Dec 2017
Gongpil Choi and Wonchang Jang
Center for Digital Finance and Korea Institute of Finance
Downloads 17 (805,418)

Abstract:

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Chiang Mai Initiative, Conditionality, Regional Financial Cooperation

26.

The Current Global Debacle: What Caused It and What Can Be Done About It

KIF Weekly Financial Review Vol. 20, No. 32, 2011
Number of pages: 16 Posted: 04 Feb 2016
Gongpil Choi
Center for Digital Finance
Downloads 16 (814,189)

Abstract:

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Global debacle, Collapse of the dollar system, Reserve assets

27.

Measures to Cope with Balance Sheet Recessionin Korea

KIF Weekly Financial Review Vol. 21, No. 36, 2012
Number of pages: 15 Posted: 04 Feb 2016
Gongpil Choi
Center for Digital Finance
Downloads 16 (814,189)

Abstract:

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PPIF,Household debts, Asset-liabilities

28.

Was Korea's Financial Crisis Self-Fulfilling

Number of pages: 29 Posted: 15 Nov 2014
Gongpil Choi
Center for Digital Finance
Downloads 14 (832,030)

Abstract:

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Self-fulfilling Expectations, Foreign Reserves, Korean crisis

29.

Stablecoin as a Catalyst for DeFi Ecosystem Expansion

THE JOURNAL OF DIGITAL ASSETS 2022, http://journal-digitalassets.org/browse/issue_detail.php?issue_id=5&id=7&display=all&mdiv=current
Number of pages: 20 Posted: 23 Feb 2023
Gongpil Choi
Center for Digital Finance
Downloads 13 (841,071)

Abstract:

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Decentralization, DeFi, Stablecoin, Tokenomics

30.

Severity of Personal Delinquency Problem in Korea and Its Implications

Number of pages: 21 Posted: 21 Jan 2015
Gongpil Choi
Center for Digital Finance
Downloads 12 (850,122)

Abstract:

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Social Governance, Mismatches