Journal Archive

Home > Journal Archive
Cover Image
  • P-ISSN 1738-656X

KDI 정책연구. Vol. 25, No. 1, June 2003, pp. 1-53

× KDI Open Access is a program of fully open access journals to facilitate the widest possible dissemination of high-quality research. All research articles published in KDI JEP are immediately, permanently and freely available online for everyone to read, download and share in terms of the Creative Commons Attribution 4.0 International License.

Special Surcharge on Deposits, Reaction of Financial Institutions, and Household Burden Structure (Written in Korean)

Dong soo Kang; Tae yoon Sung

Author & Article History

Manuscript .


This paper studies the effects of the special surcharge on deposits, proposed as a plan to finance the costs of restructuring Korean corporate and financial sectors. Specifically, the study analyzes the change in the autonomous behavior of economic agents in terms of cost transfer and substitution effects. Given the result that the growth rate of deposits does not respond to the change of interest rates so much as that of loans, financial institutions have more incentive to transfer the costs incurred by the special surcharge to depositors. This paper also reports that the portfolio of households show a noteworthy feature that insured deposits have a relatively small portion in terms of total assets for high-asset class households, whereas most assets for low-asset class households are subject to the special surcharge.


특별예금보험료, 금융 및 기업구조조정, 공적자금, 예대스프레드, 가계자산 포트폴리오

JEL Code

G00, G21, E43

상단으로 이동