Gongpil Choi

Korea Institute of Finance

Chief Economist

4-1 Myung-dong 1-ga

Seoul 100-021

SCHOLARLY PAPERS

26

DOWNLOADS

718

SSRN CITATIONS

1

CROSSREF CITATIONS

9

Scholarly Papers (26)

1.

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
Korea Institute of Finance, Korea Institute of Finance and Korea Institute of Finance
Downloads 109 (289,469)
Citation 2

Abstract:

Loading...

Cross-Border Remittance, Virtual Currency, Bitcoin, Fintech

2.
Downloads 107 (293,345)

Abstract:

Loading...

3.

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
Korea Institute of Finance
Downloads 85 (340,413)

Abstract:

Loading...

Open Economy, API, AIIB

4.

A Digital Catapult for Inclusive Growth in Myanmar

Number of pages: 25 Posted: 16 May 2017 Last Revised: 14 Jul 2017
Gongpil Choi
Korea Institute of Finance
Downloads 70 (380,326)

Abstract:

Loading...

financial inclusion, microfinance, open platform

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
Korea Institute of Finance
Downloads 23 (599,507)

Abstract:

Loading...

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
Korea Institute of Finance
Downloads 7 (722,156)

Abstract:

Loading...

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

6.

Social Governance, Growth Paradigm, and Mismatch Problems

Number of pages: 32 Posted: 11 Nov 2014
Gongpil Choi
Korea Institute of Finance
Downloads 29 (544,328)

Abstract:

Loading...

Social Governance, Mismatches

Financial Stability of a Small Open Economy Under Credit Constraints

Number of pages: 62 Posted: 15 Nov 2014
Gongpil Choi
Korea Institute of Finance
Downloads 20 (621,126)
Citation 1

Abstract:

Loading...

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
Korea Institute of Finance
Downloads 6 (730,172)

Abstract:

Loading...

Collateral-enhanced Credit Cycle

8.

A Regional Repo Market Initiative for Global Financial Stability

Number of pages: 57 Posted: 26 Feb 2015
Gongpil Choi
Korea Institute of Finance
Downloads 25 (568,314)

Abstract:

Loading...

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

9.

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
Korea Institute of Finance and Korea Institute of Finance
Downloads 24 (574,749)

Abstract:

Loading...

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

10.

An Early Warning System for Contagious Currency Crisis

Number of pages: 41 Posted: 16 Nov 2014
Gongpil Choi
Korea Institute of Finance
Downloads 23 (581,162)
Citation 1

Abstract:

Loading...

EWS, Contagion effect, Contagious currency crisis, Conragion vulnerability

11.

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
Korea Institute of Finance
Downloads 18 (614,362)

Abstract:

Loading...

Bolster Creativity-driven Economy, financial infrastructure, Mega fund

12.

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
Korea Institute of Finance
Downloads 18 (614,362)
Citation 1

Abstract:

Loading...

13.

Household Debt & Covered Bonds

KiIF Weekly Financial Review Vol. 21, No 12, 2012
Number of pages: 18 Posted: 04 Feb 2016
Gongpil Choi
Korea Institute of Finance
Downloads 17 (621,061)

Abstract:

Loading...

Korean household debt, Balance-sheet adjustment, Covered bonds

14.

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
Korea Institute of Finance
Downloads 16 (627,979)

Abstract:

Loading...

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

15.

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
Korea Institute of Finance
Downloads 14 (642,234)

Abstract:

Loading...

AMF, ACU, IFS, IMS

16.

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

Number of pages: 44 Posted: 15 Nov 2014
Gongpil Choi
Korea Institute of Finance
Downloads 14 (642,234)

Abstract:

Loading...

Financial Development, Monetary Plocy, Strengthening Market Mechanism

17.

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
Korea Institute of Finance
Downloads 13 (649,471)

Abstract:

Loading...

QE Tapering, Safe Assets, Asia Blue Bond

18.

Growing Global Needs for ACU-Denominated Reserve Assets

Number of pages: 45 Posted: 15 Nov 2014
Gongpil Choi
Korea Institute of Finance
Downloads 13 (649,471)
Citation 1

Abstract:

Loading...

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

19.

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

Number of pages: 35 Posted: 15 Nov 2014
Gongpil Choi
Korea Institute of Finance
Downloads 12 (656,754)

Abstract:

Loading...

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

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
Korea Institute of Finance
Downloads 12 (656,754)

Abstract:

Loading...

Monetary policy rules, Price stability, Stabilizing expectation

21.

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
Korea Institute of Finance
Downloads 9 (678,485)

Abstract:

Loading...

Global debacle, Collapse of the dollar system, Reserve assets

22.

Was Korea's Financial Crisis Self-Fulfilling

Number of pages: 29 Posted: 15 Nov 2014
Gongpil Choi
Korea Institute of Finance
Downloads 9 (678,485)

Abstract:

Loading...

Self-fulfilling Expectations, Foreign Reserves, Korean crisis

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
Korea Institute of Finance
Downloads 8 (685,743)
Citation 1

Abstract:

Loading...

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

24.

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
Korea Institute of Finance
Downloads 7 (692,984)

Abstract:

Loading...

PPIF,Household debts, Asset-liabilities

25.

Severity of Personal Delinquency Problem in Korea and Its Implications

Number of pages: 21 Posted: 21 Jan 2015
Gongpil Choi
Korea Institute of Finance
Downloads 6 (700,352)

Abstract:

Loading...

Social Governance, Mismatches

26.

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
Korea Institute of Finance and Korea Institute of Finance
Downloads 4 (715,236)

Abstract:

Loading...

Chiang Mai Initiative, Conditionality, Regional Financial Cooperation