Working papers

Are Exporters Naturally Hedged? Corporate Dollar Debt and Global Trade (with ​Annie Lee and Saiah Lee)

Liability Dollarization and Exchange Rate Pass-Through to Domestic Prices​ (with ​Annie Lee)
Accepted at Journal of International Economics
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The Impact of Uncertainty Shocks on the Investment of Small and Large Firms: Micro Evidence and Macro Implications 


Selected works in progress

Dollar Debt and Monetary Policy Transmission in Emerging Markets (with Minjie Deng, Annie Lee, and Chang Liu)

Exchange Rate and Input Sourcing: Substitution Within and Across Borders (with Charles Engel, Annie Lee, and Saiah Lee)


Other publications

The Impact of External Uncertainty Shocks on the Korean Economy, KDI Journal of Economic Policy, 2025, 47(1)

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Policy works/Articles

Increasing Overseas Investments: Macroeconomic Context and Implications (with Kyu-Chul Jung), KDI Economic Outlook, 2025 (In Korean, In English)
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Potential Growth Outlook and Policy Implications (with Jiyeon Kim and Kyu-Chul Jung), KDI Economic Outlook, 2025 (In Korean, In English)

The Impact of Recent Exchange Rate Fluctuations on Prices (with Changseok Ma), KDI Economic Outlook, 2025 (In Korean, In English)

Medium-to Long-Term Deceleration in Private Consumption Growth: Factors and Implications (with Kyu-Chul Jung), KDI Economic Outlook, 2024 (In Korean, In English)

Factors Behind the Recent Weakness in Domestic Demand: Focus on Interest Rates and Exports (with Meeroo Kim), KDI Economic Outlook, 2024 (In Korean, In English)

Recent Fluctuations in Current Account: Factors and Implications, KDI Economic Outlook, 2023 (In Korean, In English)

Impacts of Currency Fluctuations on Exports and Imports, and the Trade Balance, KDI Economic Outlook, 2022 (In Korean, In English)

External Uncertainty: Impacts on Korea's Real Economy, KDI Economic Outlook, 2022 (In Korean, In English)