The Korean government has employed comprehensive policy measures to manage household debt risks.
His research areas are macroeconomics and labor economics. He obtained his M.S. and Ph. D. in Economics from the University of Texas at Austin. He is currently a research fellow at the Korea Institute of Finance since 2012; had previously worked at the Bank of Korea (central bank) as an economist; and also served as an advisor in the Presidential Committee for the G20 Summit.