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Yongseok Shin

Senior Economist
Federal Reserve Bank of St. Louis
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Publications & Resources

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  • There Are Two Sides to Every Coin—Even to the Bitcoin, a Virtual Currency

    October 2013 | Regional Economist

    Central to Bitcoin is its independence from any institution or government, allowing anyone to engage in a direct transaction at a low cost. So, what exactly is it, and how does it work?

  • Financial Markets: An Engine for Economic Growth

    July 2013 | Regional Economist

    Do developed financial markets lead to economic growth or result from it? While some economists argue for the latter, the author maintains that financial markets—despite their shortcomings of late—are an essential ingredient for an economy to grow in the long run.