Research on The Effect of the U.S. Interest Rate on South Korea’s Economy

I. Introduction

1. Background of Research

2. Research Objectives & Questions

3. Literature Review

4. Research Methodology & Structure

II. Interest Rates in the U.S. and Republic of Korea

1. General Definition of Interest Rates

1.1 Interest and interest Rates

1.2 The different types of interest

1.3 The causes of interest changes

1.4 Impact of Interest change on General Economy

2. Trend of Interest Rate Changes in the U.S. and Republic of Korea since Financial Crisis in 2008

2.1 The U.S. Interest Rates since 2008

2.2 Current Situations in the U.S.

2.3 Republic of Korea Interest Rates since 2008

2.4 Current Situations in Korea

2.5 Relations between the U.S.’ and Korea’s Interest Rates

III. Influence of Interest Rates on Korean Households’ Circumstances

1. Main Different Types of Occupancy in Korea

1.1 Monthly Rental, Key-money Lease and Self-owned

1.2 Analysis on Decision-making on Occupancy Types by Different Income Groups

1.3 Analysis on Decision-making on Occupancy Types by Different Interest Rates

2. The Scale of Korean Households’ Debt on Housing Loans

2.1 Trend of Housing Price Inflation and Interest Rate

2.2 The Scale on Housing Loans and the Burden in Korea

2.3 Analysis on Loan Repayment Size by Occupancy Types, Interest Rates and Income Groups

IV. Summary and Conclusion

1. The Overall Impact of the U.S. Interest Rates on Korea Economy

1.1 The U.S.’ Influence on Korea Interest Rates

1.2 Impact of Korean Interest Rates on Decision-making on Housing Loans

1.3 The Burdens of Households

2. Solutions

3. Limitation