The 2007 Global Financial Crisis demonstrated the importance of integrated research across three fields of macroeconomics: (1) how a macroeconomic downturn extended into a financial crisis via financial markets, and (2) how an economic crisis originating in Korea propagated to a global recession through international transactions and economic integration.
At a time when an integrated approach to previously separate research areas is crucial, this leading group conducts comprehensive research to enhance understanding of international, macroeconomic, and financial issues. The current research aims to contribute to long-term discussions on Korea's business cycles and economic growth.
To achieve this, the group integrates (1) empirical and econometric approaches to macroeconomics, international economics, and finance, and (2) theoretical approaches to macroeconomic discussions. Regular seminars and workshops are held to promote internal and external research exchange, and joint research among researchers within and outside the center is actively encouraged.
At a time when an integrated approach to previously separate research areas is crucial, this leading group conducts comprehensive research to enhance understanding of international, macroeconomic, and financial issues. The current research aims to contribute to long-term discussions on Korea's business cycles and economic growth.
To achieve this, the group integrates (1) empirical and econometric approaches to macroeconomics, international economics, and finance, and (2) theoretical approaches to macroeconomic discussions. Regular seminars and workshops are held to promote internal and external research exchange, and joint research among researchers within and outside the center is actively encouraged.