CHAPTER 1-1 The Middle Generations Saves More: Analytical Approach with Habit Formation in Three Generation Overlapping Generations Economy
　Abstract
　1. Introduction
　2. The Model
　3. Optimum Savings of the Habit-Forming Middle Generation
　4. Conclusion
　References
　Comments on “The Middle Generations Save More”

CHAPTER 1-2 The Impact of Aging Population in Korea on Househole Saving Rate Behavior
　Abstract
　I. Introduction
　II. Age Profile of Population and Labor Force
　III. Growth Framework.
　IV. Saving Rate under the Life-Cycle/Permanent-Income Hypothesis
　V. Econometric Specification and Empirical Results
　VI. Conclusion
　References
　Comments on “The Impact of Aging population in Korea on Household Saving Behavior”

CHAPTER 1-3 Is the Population Aging Causing an Increase in Income Inequality? Evidence from Taiwan
　Abstract
　1. Introduction
　2. A Model of Income Inequality
　3.Aging and Living Arrangements
　4. Empirical Analysis
　5. Conclusions
　References
　Discussion on “Is the Population Aging Causing and Increase in Income Inequality? Evidence from Taiwan”

CHAPTER 2-1 Issues in Accounting and Reporting of the National Pension Fund of Korea
　Abstract
　I. Introduction
　II. Current Accounting Standards for the National Pension Fund
　III. Accounting Standards for U. S. Social Security: SFFAS No. 17
　IV. Summary and Suggestions
　References

CHAPTER 2-2 Aging Society and Management of Public Pension Funds in Korea
　Acknowledgments,
　I. Introduction
　II. Aging Society
　III. Current Management of Public Pension Funds
　IV. International Comparison in Managing Public Pension Reserves
　V. Reform of the National Pension Fund Management System
　VI. Concluding Remark
　References:

CHAPTER 3-1 Impact of China’s Globalization on Korea’s Exports to the U.S. & Chinese Markets
　I. Introduction
　II. China’s Accession to WTO
　III. The Model
　IV. Competition in the U.S. Market
　V. Competition in the Chinese Market
　VI. Summary & Conclusions
　References
　Comments on "Impact of China's Globalization on Korea's Exports to the US and Chinese Market"

CHAPTER 3-2 Korea’s Direct Investment in China and Its Implications for Economic Integration in Northeast Asia
　Abstract
　I. Overseas Direct Investment, Trade, and Economic Integration
　II. Motives for Korea’s ODI in China and Its Effect on Bilateral Trade
　III. Sectoral and Geographical Distribution of Korea’s ODI in China and Its Determinants
　IV. Concluding Remarks
　References
　Comments on “Korea’s Direct Investment in China and Its Implications for Economic Integration in Northeast Asia”

CHAPTER 4-1 Measurements of the Effects of Socio-Economic Reforms
　Abstract
　1. Introduction
　2. Methodology
　3. Empirical Application
　4. Conclusion
　Appendix
　Derivation of VaR and CVaR of Skewed GED
　References
　Comments on “Measurements of the Effects of Socio-Economic Reforms”

CHAPTER 4-2 Public Investment in Transport and Communication and Growth: A dynamic panel approach*
　Abstract
　1. Introduction
　2 Methodology
　3 Estimation results
　4. Concluding remark
　References
　Comments on Public Investment in Transport and Communication and Growth: A dynamic panel approach

CHAPTER 4-3 Evaluation of the Effectiveness and Appropriateness of Korean Tax Incentive Policy on Foreign Investments and Straight Line Depreciation*
　Abstract
　I. Introduction
　II. Probability Distribution Method
　III. Korea Tax Incentives
　IV. Example and Evaluation of Investment Incentives
　V. Conclusion
　References
　Comments on “Evaluation of the Effectiveness and Appropriateness of Korean Tax Incentive Policy on Foreign Investments and Straight Line Depreciation”

CHAPTER 5-1 Hierarchy and Market Competition in South Korea’s Higher Education Sector
　1. Introduction
　2. The Basic Theoretical Framework
　3. Incentives and Behavior of Different Types of Institutions
　4. Resources and Strategies for Competition in Hierarchical Market
　5. Empirical Analyses on Hierarchy in Korean Higher Education Sector
　6. Conclusions and Policy Implications.
　Reference
　Comments on “Hierarchy and Market Competition in South Korea’s Higher Education Sector”

CHAPTER 5-2 Private Tutoring As Rent Seeking and Effects of Some Measures to Curb It
　Abstract
　1. Introduction
　2. Basic Model
　3. Rent Seeking Under Quota System
　4. Conclusion
　References

CHAPTER 6-1 Korean Bank Governance Reform after the Asian Financial Crisis
　Abstract
　1. Introduction
　2. Related Literature
　3. Empirical results
　4. Announcement effects of banking sector corporate governance reforms
　5. KIF survey results on banking reforms
　6. Summary and concluding remarks
　Appendix: More on the Survey results
　References
　Comments on “Korean bank governance reform after the Asian financial crisis”

CHAPTER 6-2 Expiration Day Effects in Korean Stock Market: Wag the Dog?
　Abstract
　I. Introduction
　II. The Market Structure of Derivatives in the KSE
　III. Empirical Analyses
　Ⅳ. Conclusion
　Reference
　Comments on “Expiration Day Effects in Korean Stock Market: Wag the Dog?

CHAPTER 6-3 The Impact of Internet Banking on the Performance of the Korean Banking Industry: An Empirical Analysis
　Abstract
　I. Introduction
　II. Internet Banking in Korea and Related Literature
　III. Empirical Analysis on the Impact of Internet Banking
　IV. Conclusion
　Reference
　Appendix. Summary Statistics for the Variables in the Analysis
　Comments on “Impact of Internet Banking on the Performance of the Korean Banking Industry”

CHAPTER 7 Measuring and Explaining Income Inequality in Korea
　I. Introduction
　II. Past Inequality Trends
　III. Measuring and Explaining Inequality Changes
　4. Results from Vertical Decomposition
　IV. Conclusion
　References
　Appendix

CHAPTER 8-1 Outside Ownership as a Factor Input
　Abstract
　1. Introduction
　2. Model
　3. Equilibrium
　4. Discussion
　5. Outside ownership as a factor input
　6. Conclusion
　Referenceses
　Comments on “Outside Ownership on Factor Input”

CHAPTER 8-2　Economic Literacy of Korean High School Students
　1. Test of Economic Literacy
　2. Test Results
　3. Questions of High Score and Questions of Low Score
　4. Effects of Economics Education
　5. Summary and Conclusion
　Comments on “Economic Literacy of Korean High School Students”

CHAPTER 8-3 “Art and Science” on Nuancing Conflict: Theoretic Approach and Its Application
　Abstract
　I. Introduction
　II. Theoretic Framework
　III. Nuancing Conflict—Application
　IV. Concluding Remarks
　References
　Appendix
　Comments on “Art and Science” on Nuancing Conflict: Theoretic Approach and Its Application