Based on theoretical and empirical research results from uniquely designed analysis frameworks, KCMI
Research Papers draw out implications as well as policy directions for Korea’s financial industry and markets.
118 Results

The Korean public fund industry has undergone significant structural changes amid the rapid growth of Exchange-Traded Funds (ETFs). Traditional mutual funds—once the main driver of market expansion—have seen stagnating growth and declinin...

Since the 2008 global financial crisis, central banks around the world have expanded their policy domains beyond the traditional mandate of price stability to encompass broader socio-economic issues such as climate change, digital currencies, and fin...

Recently, interest in dividend income has surged among domestic investors, highlighting the growing need for reforming the dividend tax system. However, the current tax regime for dividend income has several issues, prompting calls for improvement.

This study examines the financial challenges that may arise as Korea transitions to an aging economy and discusses institutional and policy responses for each of the major asset classes held by older households. Korea's aging population is p...