Research output

Publications

Peer-reviewed research, working papers, and book contributions in central banking, financial regulation, and monetary policy communication.

Peer-reviewed journal articles

1. Central Banks' Support for Climate Action: A Literature Review and Key Issues. Iegor Vyshnevskyi and Wook Sohn. Journal of Economic Surveys, online first, June 2025.
2. The Clarity of Monetary Policy Communication and Financial Market Volatility in Developing Economies. Iegor Vyshnevskyi, William Jombo, and Wook Sohn. Emerging Markets Review 59, 101121, 2024.
3. Nonperforming Loans and Related Lending: Evidence from Ukraine. Iegor Vyshnevskyi and Wook Sohn. Emerging Markets Review, 101069, 2023.
4. The Effect of Supervisory Power and Institutions on Banking Sector Stability in the Post-Crisis Era. Wook Sohn and Iegor Vyshnevskyi. Asian Review of Financial Research 36(2), 57–87, 2023.
5. The Effectiveness of Financial Supervision Frameworks. Wook Sohn and Iegor Vyshnevskyi. Journal of Accounting & Finance 20(1), 2020.
6. The ‘Twin Peaks’ Model of Post-Crisis Banking Supervision. Wook Sohn and Iegor Vyshnevskyi. Applied Economics Letters 24(8), 571–574, 2017.

Working papers and bulletins

1. The Monetary Policy Statement Database: An LLM Application to Global Financial Conditions. Cory Baird, Jonathan Benchimol, Wook Sohn, Vira Vyshnevska, and Iegor Vyshnevskyi. CAMA Working Paper 25/2026, 2026.
2. The Monetary Policy Statement Database. Cory Baird, Jonathan Benchimol, Vira Vyshnevska, Wook Sohn, and Iegor Vyshnevskyi. IFC Bulletin No. 67: Data Science in Central Banking, 2026.
3. Global Post-Crisis Banking Supervision: Supervisory Powers and Institutional Changes in the Banking Sector. Wook Sohn and Iegor Vyshnevskyi. KDI School Paper No. 22-01, 2022.

Book chapters

1. Monetary Policy Communication. Wook Sohn and Iegor Vyshnevskyi. In Nicholas Apergis (ed.), Encyclopedia of Monetary Policy, Financial Markets and Banking, Elsevier, 2025.