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The Pareto Improvement of Chonsei System : The Chonsei System without the Chonsei Deposit
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전세제도의 파레토 개선 : '목돈 안드는 전세제도'

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Type
Academic journal
Author
Journal
Korean Regional Science Association Journal of the Korean Regional Science Association Vol.14 No.1 KCI Accredited Journals
Published
1998.6
Pages
65 - 90 (26page)

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The Pareto Improvement of Chonsei System : The Chonsei System without the Chonsei Deposit
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Time series data on the size of Chonsei deposit has been estimated. At the end of 1.997, that size has been estimated as 1.12 trillion Korean Won. If the Chonsei system can be moved toward the monthly rental system, it is highly probable to achieve the Pareto imporvement whether there are uncertainties or not. The new system named as the Chonsei system without the Chonsei deposit has been suggested, which can be readily to be introduced. Under this system, the owner can sustain opportunities of using Chonsei deposit, renters can rent houses whithout the Chonsei deposit and financial intermediaries can secure safe sources of loans, which will increase BIS capital ratio of banks.

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UCI(KEPA) : I410-ECN-0101-2018-030-003618805