Publications
2024
Money, Bitcoin, and Monetary Policy
KANG, K., & LEE, S. (2024). Money, Bitcoin, and Monetary Policy. Journal of Money, Credit and Banking, 56(1), 225-256. doi:10.1111/jmcb.12992
Digital currency and privacy
Kang, K. -Y. (n.d.). Digital currency and privacy. Theoretical Economics, 19(1), 131-167. doi:10.3982/te5081
Dynamic Adverse Selection and Belief Update in Credit Markets
Jang, I., & Kang, K. -Y. (n.d.). Dynamic Adverse Selection and Belief Update in Credit Markets. Journal of Financial and Quantitative Analysis, 1-53. doi:10.1017/s0022109024000243
2023
Cryptocurrency and double spending history: transactions with zero confirmation
Kang, K. -Y. (2023). Cryptocurrency and double spending history: transactions with zero confirmation. Economic Theory, 75(2), 453-491. doi:10.1007/s00199-021-01411-3
2021
Adverse selection and costly information acquisition in asset markets
Jang, I., & Kang, K. -Y. (2021). Adverse selection and costly information acquisition in asset markets. Journal of Mathematical Economics, 97, 102533. doi:10.1016/j.jmateco.2021.102533
Optimal contract for asset trades: Collateralizing or selling?
Kang, K. -Y. (2021). Optimal contract for asset trades: Collateralizing or selling?. Journal of Financial Markets, 56, 100590. doi:10.1016/j.finmar.2020.100590
2019
Central Bank purchases of private assets: An evaluation
Kang, K. -Y. (2019). Central Bank purchases of private assets: An evaluation. Review of Economic Dynamics, 31, 326-346. doi:10.1016/j.red.2018.09.001
2017
Counterfeiting, screening and government policy
Kang, K. -Y. (2017). Counterfeiting, screening and government policy. Journal of Economic Theory, 172, 26-54. doi:10.1016/j.jet.2017.08.002