This study measures the extent to which Seoul's COVID-19 shopping coupon program affects individuals' consumption. Unlike other COVID-19-related transfer programs, the Seoul Metropolitan government provides consumption coupons depending on income. We quantify the causal effect of Seoul's program...

This study measures the extent to which Seoul's COVID-19 shopping coupon program affects individuals' consumption. Unlike other COVID-19-related transfer programs, the Seoul Metropolitan government provides consumption coupons depending on income. We quantify the causal effect of Seoul's program...

Korean Abstract:지식자본은 새로운 경제성장의 원천으로 주목받고 있다. 특히 인공지능(artificial intelligence: AI), 빅데이터 등 4차 산업혁명이라 불릴 정도로 빠르게 나타나는 최근의 기술변화는 건물⋅설비 등 전통적인...

The technology adoptions are often associated with corporate organizations. Using newly merged firm level data on digital transformation and firm organization, we investigate how the adoption of newly available digital technologies (DT for short) is related to organizational conditions. A novel...

This paper studies how COVID-19 has affected the labor market in Korea through a general equilibrium model with multiple industries and occupations. In the model, workers are allocated to one of many occupations in an industry, and industrial or occupational shocks alter the employment...

Korean Abstract: 본 연구는 코로나19 위기에서 나타난 거시경제적 현상을 분석하는 한편, 코로나19 이후의 여건 변화와 발생할 수 있는 현상을 가늠해 보고 정책적 시사점을 얻고자 한다.우선 코로나19 위기는 경기순환적...