한국은행의 역할과 정책수단: 금융안정정책을 중심으로

김인준 ( In June Kim ),김성현 ( Sunghyun Kim ),김소영 ( Soyoung Kim ),김진일 ( Jinill Kim ),신관호 ( Kwanho Shin ) 한국금융연구원 2017 한국경제의 분석 Vol.23 No.1

Under the current economic environment characterized by slow growth, low inflation and financial instability, ojectives of central bank have expanded to include financial stability in addition to the traditional objectives of price and employment stability. This paper studies what the proper role of the Bank of Korea (BOK) should be in conducting macroprudential policy to enhance financial stability. This paper proposes that BOK should attempt to stabilize output while maintaining the flexible inflation targeting policy. The global financial crisis shows that price and output stability does not gaurantee financial stability and that financial instability can adversely affect price and output stability in turn. Therefore, the central bank should actively engage in achieving financial stability in advance. Monetary policy itself would not be sufficient to achieve financial stability. BOK needs proper tools to conduct macroprudential policy to satisfy the objective of financial stability added to the BOK Bylaws in 2011. One practical way is to amend the Bylaws to require that the Financial Supervisory Commission (FSC) should consult with BOK in macroprudential policy making process. At the same time, it is necessary to be explicit about the responsibility of BOK. For long-term solution, we suggest three proposals: (1) establishing the “Committee for Financial Stability” who is responsible for all policy making regarding macroprudential policy; (2) designating BOK as the main institution for macroprudential policy; (3) making BOK responsible for all policies regarding financial stability, replacing the role of FSC, following the case of U.K. in the post global financial crisis period. However, the last proposal is not so easy to implement in practice because it requires the overhaul of the whole banking and financial supervisory structure.

후두 전 절제술을 시행 받은 환자의 장기 추적 및 삶의 질

김인준,김지희,노종렬,최승호,김상윤,남순열,Kim, In-June,Kim, Ji-Heui,Roh, Jong-Lyel,Choi, Seung-Ho,Kim, Sang-Yoon,Nam, Soon-Yuhl 대한후두음성언어의학회 2007 대한후두음성언어의학회지 Vol.18 No.1

Objectives: There is a perception that a total laryngectomy has a devastating effect on patients and their families, but only a few studies have addressed long-term quality of life (QOL) after laryngectomy. Materials and Methods: A cross-sectional study of 32 patients more than 3 years since laryngectomy was performed. Patients were asked to complete the SF-36 questionnaire before surgery and within 3-5 years after surgery. Preoperative and postoperative SF-36 scores were compared with data on 46 age-matched healthy controls. Results: The most of SF-36 subscale scores showed significant deterioration after surgery. Preoperative scores had significantly poorer than the normal controls on 6 subscales, and also postoperative scores was lower than normal controls on 2 subscales. Conclusion: In the study, the quality of life of the patients who underwent total laryngectomy show poorer scores than pre operative status and normal controls.

국제경제분야(國際經濟分野) : 외부적충격(外部的衝激)과 석유관계자본(石油關係資本)의 환류(還流)

김인준 ( In June Kim ) 한국국제경제학회 1980 한국국제경제학회 학술대회발표 논문집 Vol.4 No.-

전환기 한국은행의 역할

김인준 ( In June Kim ) 한국경제학회 2019 한국경제포럼 Vol.11 No.4

한국 경제는 대외적 불확실성 증대와 대내적 구조적 문제의 누적으로 인해 그 미래를 예측하기 힘든 전환기에 처해 있다. 한국은행은 그 목표를 물가안정뿐만 아니라 금융안정에 두고 금융시스템 위험을 막아야 할 것이다. 우리 금융시스템의 대표적 위험 유형은 부동산 시장의 과열과 거품 붕괴, 국내외 금리 격차에 따른 급격한 자본의 유출입, 금융권 간 연계성 확대와 비은행권 비중 증가에 따른 위험 등이다. 통화신용정책을 펼 때 부동산 시장 상황, 자본의 유출입 상황, 가계대출의 증가속도 등을 살펴보면서 금융안정정책을 펴야 할 것이다. 금융안정을 위해서는 통화신용정책과 거시건전성 정책의 최적 조합이 필요하다. 통화신용정책이 거시건전성에 영향을 끼치고 거시건전성 정책 또한 통화 신용에 영향을 주기 때문이다. 그렇지만 현재는 한국은행이 통화정책을 그리고 금융당국(금융위원회와 금융감독원)이 거시건전성 정책을 각각 책임지고 있다. 그렇다면 기획재정부, 한국은행, 금융위원회 등이 참여한 (가칭) 금융안정위원회를 상설 기구로 신설하여 동 위원회에서 거시건전성 정책을 책임지고 금융안정과 관련된 주요 사항을 결정하도록 하는 것이 바람직하다. 금융안정위원회가 원활하게 운영되기 위해서는 위원회를 법제화하고 운영과 관련한 규정을 명시화할 필요가 있다. 한국은행은 거시건전성 정책의 중요성을 강조하기에 앞서 금융안정의 일차적 책임은 한국은행의 통화신용정책에 있다는 점을 잊지 말아야 할 것이다. 그리고 한국은행의 독립성 보장에는 책임이 수반된다는 점 또한 잊지 말아야 할 것이다. Korea is in a transitional period due to the increased uncertainty in a world economy and accumulation of domestic structural problems. At this juncture, the Bank of Korea should aim at achieving not only price stability but also financial stability. Financial stability can be obtained by preventing occurrence of financial systemic risks. Three major financial risks in Korea are those; boom bust cycle in real estate markets, a large amount of abrupt capital flows due to the differentials between domestic and international interest rates, and risks involved in increased connectedness among financial institutes and increased share of non-bank financial institutes. The Bank of Korea should put major emphases on achieving financial stability, watching and analyzing the developments of real estimate markets, flows of capital and the speed of increasing household debts, when it carries out monetary policies. For the financial stability, the optimal combinations of monetary and macro-prudential policies are required. The monetary policies have influences on the macro-prudential policies and vice versa. In Korea, however, the Bank of Korea is in charge of monetary policies while the financial authorities are responsible for macro-prudential policies. To resolve the current problems, it is desirable to establish tentatively named “Financial Stability Board” consisting of Ministry of Strategy and Finance, Bank of Korea, and financial authorities. Financial Stability Board can take full responsibilities for macro-prudential policies and making important decisions concerning financial stability. The Bank of Korea, however, should remember the first line of responsibility for financial stability falls upon the monetary policies of the Bank of Korea. Independence of the Bank of Korea only can be secured when the Bank of Korea fulfills its responsibility for price and financial stability successfully.

제10차 국제학술대회 전체회의 발표논문 : 구조조정의 성과와 과제; 금융부문

김인준 ( In June Kim ) 한국경제학회 2003 經濟學硏究 Vol.2003 No.S

자동차 상품성 향상을 위한 용접 접합 기술 동향

김인준(In-June Kim),조도운(Do-Woon Cho),박현성(Hyunsung Park) 대한용접·접합학회 2017 대한용접학회 특별강연 및 학술발표대회 개요집 Vol.2017 No.11

슈퍼 듀플렉스 스테인리스강 UNS S32750의 FCA 다층 용접부의 용접 후 열처리 영향

장복수,문인준,임명진,김세철,김수성,이정원,박해웅,고진현,Jang, Bok-Su,Moon, In-June,Lim, Myung-Jin,Kim, Se-Cheol,Kim, Soo-Sung,Lee, Jung-Won,Park, Hai-Woong,Koh, Jin-Hyun 대한용접접합학회 2014 대한용접·접합학회지 Vol.32 No.2

This study was carried out to investigate the effect of postweld heat treatment(PWHT, 930, 1080, $1230^{\circ}C$) on the microstructure, phase formation, pitting corrosion and mechanical properties such as hardness, tensile strength and impact values of super duplex stainless steel(UNS S32750) multipass welds. Based on the microstructural examination and X-ray diffraction analysis, it was found that the ${\sigma}$ phase was formed in the welds heat treated at $930^{\circ}C$ in which the ferrite content greatly decreased into 5~10% in the welds. The secondary austenite was formed in the reheated zone of welds and redissolved into ferrite with increasing heat treatment temperatures. The tensile strength and impact values of welds heat treated at $930^{\circ}C$ were the lowest and revealed the brittle fracture surface. The weight loss by pitting corrosion increased with test temperatures. It was confirmed that pitting corrosion occurred mainly in secondary austenite of reheated zones. The postweld heat treatment temperature is recommended to be in the range of $1050{\sim}1150^{\circ}C$.

한국인의 Cytochrome P450 2C19 유전형 분석

윤영란,이준호,김문경,손지홍,이상섭,김종신,이순용,차인준,신재국,Yoon, Young-Ran,Lee, Jun-Ho,Kim, Moon-Kyung,Shon, Ji-Hong,Lee, Sang-Seop,Kim, Jong-Shin,Lee, Soon-Yong,Cha, In-June,Shin, Jae-Gook 대한임상약리학회 2002 臨床藥理學會誌 Vol.10 No.1

배경 : 간 cytochrome P450 2C19 (CYP2C19) 효소군은 유전적 다형성을 나타내는 대표적인 약물대사효소의 하나로, 본 연구에서는 다수의 한국인에서 CYP2C19 유전자 변이를 분석하고, 이들 변이 allele들의 출현빈도를 타 종족에서의 결과와 비교 분석하였다. 방법 : 282 명의 건강한 한국인 피험자에서 CYP2C19 (*2와 *3) allele 변이를 polymerase chain reaction restriction fragment length polymorphism (PCR­RFLP) 방법을 이용하여 분석하였다. 결 과 : 282명의 한국인 피험자 CYP2C19*1/*1 (41.8%), CYP2C19*1/*2 (35.5%), 및 CYP2C19*1/*3 (8.5%) allele 변이를 가지는 extensive metabolizer(EM)는 총 242명으로 나타났다. 40명 (14.2%)은 CYP2C19 의 poor metabolizer(PM)로 밝혀졌는데, 이들의 allele 빈도는 CYP2C19*2/*2, CYP2C19&2/*3, 및 CYP2C19*3/*3 가 각각 8.9%, 3.9%, 1.4% 로 나타 났다. 또한, 총 564개 allele에서 각 allele의 출현빈도는 CYP2C19*1, CYP2C19*2, 및 CYP2C19*3가 각각 63.8%, 28.6% 및 7.6%로 나타났다. 결 론 : 한국인의 CYP2C19 PM 유전형의 빈도는 중국인, 일본인 등의 동아시아인보다 다소 낮았으나, 이는 서양인에 비해서는 유의하게 높은 것으로 나타났다. Background : The cytochrome P450 2C19 (CYP2C19) is a well known microsomal oxidizing enzyme showing genetic polymorphism. We extensively evaluated the frequency distribution of the CYP2C19 allelic variants in a Korean population and compared to those of other ethnics. Methods : Genotyping of CYP2C19 (*2 and *3) was carried out in a total of 282 unrelated Korean subjects. CYP2C19 genotypes were determined using polymerase chain reaction restriction fragment length polymorphism (PCR-RFLP). Results : Two hundred forty two of 282 Korean subjects, carried extensive metabolizer(EM) genotypes including CYP2C19*1/*1 (41.8%), CYP2C19*1/*2 (35.5%), and CYP2C19*1/*3 (8.5%), respectively. Forty subjects (14.2%) were identified to have CYP2C19 poor metabolizer(PM) genotype, and the frequencies of CYP2C19*2/*2, CYP2C19&2/*3, and CYP2C19*3/*3 were 8.9%, 3.9%, 1.4% respectively. The allele frequencies of CYP2C19*1, CYP2C19*2, and CYP2C19*3 among 564 alleles evaluated were 63.8%, 28.6% and 7.6%, respectively. Conclusions : These results suggest that frequency of CYP2C19 PM genotypes is slightly lower than that of other East Asians including Chinese and Japanese, but significantly higher than Caucasian.

자동차 차체 품질 및 생산성 향상을 위한 용접ㆍ접합 신기술

조용준(Yongjoon Cho),김인준(In-June Kim),이희범(Heui Bom Lee),장인성(In-Sung Chang),도성섭(Sung-Sup Do) 한국자동차공학회 2008 한국자동차공학회 춘 추계 학술대회 논문집 Vol.- No.-

Even though Resistance Spot Welding (RSW) and Gas Metal Arc Welding (GMAW) have been the most popular joining processes, there are still various quality issues in auto body assembly process. New high strength steel and light weight materials make the process more complicated resulting in new challenges for welding and joining. In this presentation, various approaches to solve conventional challenges are introduced. Intelligent current regulation in RSW helps to control welding current and time more stable. Cold Metal Transfer (CMT) machine for GMAW process reduces the amount of spatters and avoids manufacturing downtime. Adhesive bonding is another outstanding way of increasing body strength without any extra materials or panel thickness change. Various implementation results and benefits of the processes are also discussed.

韓國 金融危機와 産業構造 改革

金仁埈 서울대학교 경제연구소 2000 經濟論集 Vol.39 No.3

본 연구는 한국 금융위기가 발생한 이유를 우리 경제의 구조적인 측면에 있다고 보고 구조적 문제가 발생한 원인과 앞으로의 구조개혁 방향을 분석하는 데 그 목적이 있다. 먼저 한국 재벌의 특징인 높은 부채-자본 비율, 피라미드 구조와 상호출자에 의한 지배구조 현상이 나타난 원인을 분석한 뒤, 외부투자가 보호 미비에 따른 기업의 가치 문제, 횡령의 문제 등 기업지배구조 문제를 함께 다룬다. 다음으로 현재 진행되는 기업구조조정 작업의 진행 과정을 앞의 이론적인 틀에서 살펴본 뒤 기업개선작업과 재벌구조 조정의 문제점을 분석하고 개혁 방향을 제시한다.