A Korean Macroeconomic Database for Data-Rich Policy Analysis and U.S.--Korea Dependence (opens in new tab)

arXiv:2509.16115v3 Announce Type: replace-cross Abstract: We introduce KRED (Korea Research Economic Database), a FRED-MD-compatible monthly macroeconomic database for Korea designed for data-rich policy analysis and cross-country comparison. KRED contains 125 monthly series from ECOS, KOSIS, and administrative labor-market sources, with coverage back to 1960. Using a balanced panel of 104 series over 2009:06--2025:12, principal-components analysis extracts four factors that explain about 30%...