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The economic outlook has substantially deteriorated since the Second Review, driven by the...

We study how financial frictions amplify labor supply shocks in a macroeconomic model with...

This paper examines the economic effects of policies to contain Covid-19, by extracting lessons...

Intangible investment is growing as a share of economic activity. We present a simple framework...

Non-Financial Corporate Sector. Non-financial corporate leverage as share of GDP in Korea remains...

This note presents the systemic risk analysis conducted for the Republic of Korea in the course...