evidence from international panel data shows that population aging is associated with a higher growth rate of household net … households. To complement the international panel data analysis, we also implement a simulation of household balance sheets based …

Korean credit bureau data. We construct individual-level panel data on North Korean defectors and South Korean residents … sharing similar characteristics in terms of demographic and economic variables. The results of our panel analyses reveal a …

-employed borrowers, using individual panel data held by the Bank of Korea and investigates financial sector fragility based on the …