주택도시금융연구(Journal of Housing and Urban Finance)

About Journal of Housing and Urban Finance

한국연구재단 등재학술지 주택도시금융연구는 주택도시보증공사가 발간하는 학술지로, 주택·도시·금융 분야 연구 활성화와 정책 아이디어 개발을 목적으로 2016년 창간하여 연 2회(6월 30일/12월 31일) 발간하고 있습니다. 연구논문 투고자는 주택도시보증공사의 연구윤리기준을 준수해야 하고, 타 학술지에 게재 혹은 출판된 적이 없는 논문이어야 하며, 타 학술지에 투고하여 심사 중인 논문은 미게재 확정 후 본 학술지에 투고할 수 있습니다. 주택도시금융연구에 게재된 연구논문 투고자에게는 소정의 연구지원금이 지급됩니다.
About Korea Housing & Urban Guarantee Corporation

주택도시보증공사는 주거복지 증진과 도시재생활성화를 지원하기 위한 각종 보증업무 및 정책사업을 수행합니다. 주택도시기금의 효율적인 운용 및 관리를 통해 경영혁신을 이루고 한 발 앞선 주거정책시행으로 서민주거안정을 이끌어 나가며, 주택에서 도시까지 국민의 더 나은 삶을 책임지는 전문 공기업입니다. 주택도시보증공사는 주거복지 증진과 도시재생 활성화를 지원하기 위한 각종 보증업무 및 정책사업 수행과 주택도시기금을 효율적으로 운용·관리함으로써 국민의 삶의 질 향상에 이바지하기 위해 설립되었습니다. 지난 30여년간 국내 유일의 주택보증 전문기관으로서 보증공급을 통해 국민 주거안정 실현에 기여하였습니다. 세계적으로 인정받는 분양보증제도를 토대로 주택사업 전 단계에 걸친 보증상품을 운영함으로써 주택사업자의 원활한 사업추진과 주택금융시장의 안정에 기여하고, 정부의 정책목표 달성을 뒷받침하고 있습니다.
Article

Dec 31, 2024

Spillover effects of financial uncertainty on the housing market: A mixed-frequency time series analysis approach
금융불확실성의 주택시장 파급효과: 혼합주기 시계열 분석을 중심으로

Woo Suk Lee
이우석

J. Hous. Urban Finance 2024;9(2):5-28.
https://doi.org/10.38100/jhuf.2024.9.2.5

This study analyzes the influence of uncertainty on the housing market. Specifically, we measure the spillover effect using a mixed-frequency vector autoregression (MF-VAR) model, which allows for analysis even when time series data have different frequencies. We then compare these results with those obtained using the conventional VAR model. The main results are as follows: The results of impulse response function and variance decomposition analyses indicate that financial uncertainty shocks do have spillover effects on the housing market, wit...
Article

Dec 31, 2024

Modelling the distribution of mortgage debt (Bogeumjari loan) using inflow and outflow data
현금흐름 분석을 통한 모기지 분포변화 연구

KwangUk Kim, YeonJeong Lee
김광욱, 이연정

J. Hous. Urban Finance 2024;9(2):29-46.
https://doi.org/10.38100/jhuf.2023.9.2.29

This study analyzed the dynamic characteristics of household debt through an analysis of cash flow data for Bogeumjari loans. The overall loan balance was found to be largely influenced by mortgage inflows, whereas mortgage outflows remained relatively stable. Mortgage inflows, in particular, were strongly correlated with regional housing price fluctuations, with regions exhibiting more significant price fluctuations where inflow volatility was higher. A vintage analysis revealed that Bogeumjari loan borrowers maintained an average monthly repa...
Article

Dec 31, 2024

A study of the factors affecting maintenance fee in office building management
오피스빌딩의 유지관리비 결정요인 분석

Kyutai Lee, Yoonyoung Lee
이규태, 이윤영

J. Hous. Urban Finance 2024;9(2):47-65.
https://doi.org/10.38100/jhuf.2023.9.2.47

This study empirically examines the factors affecting maintenance fees in office building management, focusing on the components of management services and maintenance costs. The main findings are as follows. First, building characteristics, such as the total floor area, number of floors, and building age, significantly impact maintenance fees. Second, differences in maintenance fees arise from the specific types of facilities and equipment in office buildings. Regarding the facility characteristics, a higher number of elevators and parking spa...
Article

Dec 31, 2024

Enhancing public contributions of Housing Subscriptions Savings and Comprehensive Tax-free Savings: Lessons from regulated savings policies in France
프랑스 정책저축 운영사례 고찰을 통한 주택청약저축과 비과세종합저축의 공공기여 확대 방안 연구

Hee-Seok Kim, Seung Hee Yang
김희석, 양승희

J. Hous. Urban Finance 2024;9(2):67-95.
https://doi.org/10.38100/jhuf.2024.9.2.67

This study examines strategies to enhance the public contribution of Korea’s Housing Subscription Savings and Comprehensive Tax-free Savings by analyzing regulated savings systems in France. Housing Subscription Savings currently serves as the primary funding source for the Housing and Urban Development Fund in Korea. However, its effectiveness is undermined by the declining number of subscribers and deposits during housing market downturns, as well as by the low welfare benefits provided to subscribers. Comprehensive Tax-free Savings aim to ...
Article

Dec 31, 2024

A model to support the young generation by combining mortgage finance and policy pension programs
청년세대를 위한 모기지금융과 정책연금제도 결합모형

Seungryul Ma
마승렬

J. Hous. Urban Finance 2024;9(2):97-120.
https://doi.org/10.38100/jhuf.2024.9.2.97

Establishing a supplementary pension system to support young people is necessary when distrust in the national pension is increasing due to discussions on national pension reform and concerns about the depletion of funds. Simultaneously, a comprehensive support plan to improve young people’s access to home ownership amid high housing prices is needed. To this end, this study presents a model combining mortgage finance (traditional and reverse mortgages) and policy pension programs to support homeownership and retirement income for young peopl...

CURRENT ISSUE: Dec 2024, Vol. 9 , No. 2

Article Spillover effects of financial uncertainty on the housing market: A mixed-frequency time series analysis approach 금융불확실성의 주택시장 파급효과: 혼합주기 시계열 분석을 중심으로 Woo Suk Lee 이우석 J. Hous. Urban Finance 2024;9(2):5-28. https://doi.org/10.38100/jhuf.2024.9.2.5 HTML PDF PubReader	Article Modelling the distribution of mortgage debt (Bogeumjari loan) using inflow and outflow data 현금흐름 분석을 통한 모기지 분포변화 연구 KwangUk Kim, YeonJeong Lee 김광욱, 이연정 J. Hous. Urban Finance 2024;9(2):29-46. https://doi.org/10.38100/jhuf.2023.9.2.29 HTML PDF PubReader
Article A study of the factors affecting maintenance fee in office building management 오피스빌딩의 유지관리비 결정요인 분석 Kyutai Lee, Yoonyoung Lee 이규태, 이윤영 J. Hous. Urban Finance 2024;9(2):47-65. https://doi.org/10.38100/jhuf.2023.9.2.47 HTML PDF PubReader	Article Enhancing public contributions of Housing Subscriptions Savings and Comprehensive Tax-free Savings: Lessons from regulated savings policies in France 프랑스 정책저축 운영사례 고찰을 통한 주택청약저축과 비과세종합저축의 공공기여 확대 방안 연구 Hee-Seok Kim, Seung Hee Yang 김희석, 양승희 J. Hous. Urban Finance 2024;9(2):67-95. https://doi.org/10.38100/jhuf.2024.9.2.67 HTML PDF PubReader
Article A model to support the young generation by combining mortgage finance and policy pension programs 청년세대를 위한 모기지금융과 정책연금제도 결합모형 Seungryul Ma 마승렬 J. Hous. Urban Finance 2024;9(2):97-120. https://doi.org/10.38100/jhuf.2024.9.2.97 HTML PDF PubReader

MOST READ ARTICLE

Article A study on the characteristics of Price-to-Income Ratio (PIR) change among Seoul’s apartments by district 서울시 자치구별 아파트 Price-to-Income Ratio(PIR) 변동 특성에 관한 연구 Jin Woong Kwon, Nam Jung Kim 권진웅, 김남정 J. Hous. Urban Finance 2020;5(2):35-52. https://doi.org/10.38100/jhuf.2020.5.2.55 HTML PDF PubReader Last 3 months views: 2171	Article A Study on the Difference of Housing Price by Region 지역별 주택가격의 격차에 관한 연구 : 회귀분석과 인공신경망 활용 Young Gil Chang, Joo Yeon Yoo 장영길, 유주연 J. Hous. Urban Finance 2019;4(2):51-78. https://doi.org/10.38100/jhuf.2019.4.2.51 HTML PDF PubReader Last 3 months views: 1840
Article The relationship between urban parks and demographic-sociological factors: focusing on spatial regression analysis 도시공원과 인구·사회학적 요인 간의 관계 연구: 공간회귀분석을 중심으로 Hye-Lim Park 박혜림 J. Hous. Urban Finance 2024;9(1):49-68. https://doi.org/10.38100/jhuf.2024.9.1.49 HTML PDF PubReader Last 3 months views: 1417	Article Determinants on the later life move of old age 고령가구의 노년기 주거이동 요인 분석 Juyoung Kim 김주영 J. Hous. Urban Finance 2023;8(2):121-138. https://doi.org/10.38100/jhuf.2023.8.2.121 HTML PDF PubReader Last 3 months views: 1170
Article Characteristics and implications of the land system in Vietnam 베트남 토지제도의 특징과 시사점 Jong Kwon Choi 최종권 J. Hous. Urban Finance 2020;5(1):63-81. https://doi.org/10.38100/jhuf.2020.5.1.63 HTML PDF PubReader Last 3 months views: 1105	Article Implication on service combined housing policy for old age of foreign 고령자 서비스결합주택 공급의 해외사례와 시사점 Ju Young Kim 김주영 J. Hous. Urban Finance 2022;7(1):49-64. https://doi.org/10.38100/jhuf.2022.7.1.49 HTML PDF PubReader Last 3 months views: 1096
Article Analysis of the determinants concerning the residential environment of urban youth:Focusing on six major metropolitan cities 도시거주 청년층의 주거환경 결정요인 분석:6대 광역시를 중심으로 Kwanghoon Hwang 황광훈 J. Hous. Urban Finance 2023;8(2):77-98. https://doi.org/10.38100/jhuf.2023.8.2.77 HTML PDF PubReader Last 3 months views: 991	Article An analysis of the economic effects of the leading urban regeneration area in Gunsan: Focusing on revenue by business type^* 군산시 도새재생선도지역의 경제적 효과 분석: 업종별 매출액을 중심으로^* Hyun-Tae Joo, Sam-Su Lee 주현태, 이삼수 J. Hous. Urban Finance 2020;5(2):85-101. https://doi.org/10.38100/jhuf.2020.5.2.105 HTML PDF PubReader Last 3 months views: 862
Article A study on the distribution characteristics of short-term rental accommodation by housing type 공유숙박업의 주택유형별 분포특성에 관한 연구 Sungje Jeon, Chungyu Park 전성제, 박천규 J. Hous. Urban Finance 2021;6(1):39-56. https://doi.org/10.38100/jhuf.2021.6.1.39 HTML PDF PubReader Last 3 months views: 807	Article Can Public-Private Partnerships(PPP) Save Declining Traditional Market in Korea?:Focused on 1913 Songjeong Station Market Renewal 민관협력사업(PPP)은 쇠퇴하는 전통시장을 개선시킬 수 있을까? : 광주 1913 송정역 전통시장 활성화사업을 중심으로 Jin Choi, Woo-Hwa Shin, Woo-Jin Shin 최진, 신우화, 신우진 J. Hous. Urban Finance 2017;2(2):5-32. https://doi.org/10.38100/jhuf.2017.2.2.5 HTML PDF PubReader Last 3 months views: 787

MOST CITED ARTICLE

Article Comparative analysis of housing and stock prices using a regime switching model 국면전환모형을 이용한 주택가격과 주가의 시계열 특성 비교 Youngsoo Lee 이영수 J. Hous. Urban Finance 2020;5(1):5-22. https://doi.org/10.38100/jhuf.2020.5.1.5 HTML PDF PubReader Cited by 4	Article The Determinants of Housing Choices: Focusing on Young and Elderly Group 주거유형의 선택결정 요인 이해: 청년층과 고령층을 중심으로 In Ho Song 송인호 J. Hous. Urban Finance 2018;3(2):5-25. https://doi.org/10.38100/jhuf.2018.3.2.5 HTML PDF PubReader Cited by 2
Article The Effects of Neighborhood Environment on Social Trust - Focused on Seoul - 근린환경이 사회적 신뢰에 미치는 영향에 관한 연구 - 서울특별시를 중심으로 - Seung Hyun Ha 하승현 J. Hous. Urban Finance 2018;3(2):53-84. https://doi.org/10.38100/jhuf.2018.3.2.53 HTML PDF PubReader Cited by 2	Article An Analysis on the Effects of Macroeconomic Variables on Guarantee Accidents 거시경제변수가 보증사고에 미치는 영향 분석 Eun Mi Kim, Si-Eon Kim 김은미, 김시언 J. Hous. Urban Finance 2019;4(1):51-82. https://doi.org/10.38100/jhuf.2019.4.1.51 HTML PDF PubReader Cited by 2
Article A study on the characteristics of Price-to-Income Ratio (PIR) change among Seoul’s apartments by district 서울시 자치구별 아파트 Price-to-Income Ratio(PIR) 변동 특성에 관한 연구 Jin Woong Kwon, Nam Jung Kim 권진웅, 김남정 J. Hous. Urban Finance 2020;5(2):35-52. https://doi.org/10.38100/jhuf.2020.5.2.55 HTML PDF PubReader Cited by 2	Article Interest rate and housing market: MS-VAR approach 이자율 변동과 주택시장: Markov-switching vector autoregressive 분석 Youngsoo Lee 이영수 J. Hous. Urban Finance 2021;6(1):5-22. https://doi.org/10.38100/jhuf.2021.6.1.5 HTML PDF PubReader Cited by 2
Article A study on the urban development plan for the change of urban structure in local small and medium-sized cities 지방 중소도시 도시구조 변화에 따른 도시발전 연구 Jung-Geun Ahn, Yunsok Ko, Dong-Geun Kim 안정근, 고윤석, 김동근 J. Hous. Urban Finance 2021;6(1):23-37. https://doi.org/10.38100/jhuf.2021.6.1.23 HTML PDF PubReader Cited by 2	Article A study on the virtuous cycle structure between real estate income and aseets 부동산 소득과 부동산 자산 간 선순환 구조에 관한 연구 Daehwan Kim 김대환 J. Hous. Urban Finance 2021;6(2):5-21. https://doi.org/10.38100/jhuf.2021.6.2.5 HTML PDF PubReader Cited by 2
Article Risk and Return in the Ulsan Housing Market 울산 아파트 시장의 수익률-위험 분석 이영수, 심소임 J. Hous. Urban Finance 2016;1(1):61-84. https://doi.org/10.38100/jhuf.2016.1.1.61 HTML PDF PubReader Cited by 2	Article COFIX rate and mortgage rate: Interest-rate pass-through COFIX 금리와 주택담보대출금리: 비대칭적 이자율 pass-through Youngsoo Lee 이영수 J. Hous. Urban Finance 2022;7(2):63-80. https://doi.org/10.38100/jhuf.2022.7.2.63 HTML PDF PubReader Cited by 2

CURRENT ISSUE: Dec 2024, Vol. 9 , No. 2

MOST READ ARTICLE

MOST CITED ARTICLE

2024년 한국연구재단 등재학술지 선정

주택도시금융연구 2025년 상반기 논문 모집 안내