This paper discusses two approaches to the nominal stem-endings in Korean inflection including loanwords: one is the assibilation approach, represented by H. Kim (2001) and the other is the analogy approach, represented by Albright (2002 et sequel) and Y. Kang (2003b). I contend that the assibilation approach is deficient in handling its underapplication to the non-nominal categories such as verb. More specifically, the assibilation approach is unable to clearly explain why spirantization (s-assibilation) applies neither to derivative nouns nor to non-nominal items in its entirety. By contrast, the analogy approach is able to overcome difficulties involved with the assibilation position. What is crucial to the analogy approach is that the n...