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2003 ¹Ú»ç Columbia University, Finance
1997 Çлç Columbia University, Economics
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±³¼ö, ¿¬¼¼´ëÇб³ °æ¿µ´ëÇÐ, 2017.9 - ÇöÀç
ºÎ±³¼ö, ¿¬¼¼´ëÇб³ °æ¿µ´ëÇÐ, 2007.9 - 2017.8
Á¶±³¼ö, University of Washington, Seattle, 2002.7 - 2007.8
°»ç, Graduate School of Business, Columbia University, 2002.1 - 2002.5
Á¶±³, Graduate School of Business, Columbia University, 1997.9 - 2001.12
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Asset Pricing, Imperfect Capital Markets, Macroeconomic Fluctuations and Investment
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“Asset Pricing Implications of Capital Market Imperfections,” Ph.D. Dissertation, Columbia University, 2003.
“Interpreting the Predictive Power of the Consumption-Wealth Ratio,” with Hangyong Lee, Journal of Empirical Finance, Vol. 13, March 2006, 183-202.
“Yield Spreads as Alternative Risk Factors for Size and Book-to-Market,” with Hangyong Lee, Journal of Financial and Quantitative Analysis, Vol. 41, No. 2, June 2006, 245-269.
“Çѱ¹ ÁֽĽÃÀå¿¡¼ À¯µ¿¼º ¿äÀÎÀ» Æ÷ÇÔÇÑ 3¿äÀÎ ¸ðÇüÀÇ ¼³¸í·Â¿¡ °üÇÑ ¿¬±¸,” ±¸º»ÀÏ, ¾ö¿µÈ£, À±»ó¿ë °øÀú, À繫¿¬±¸ 22±Ç 1È£, 2009, 1 – 44.
“Financial Constraints, Debt Capacity, and the Cross-section of Stock Returns,” with Hangyong Lee, Journal of Finance, Vol. 65, No. 2, April 2009, 891-921.
“°Å½Ã-±ÝÀ¶ ÀÌÀÚÀ² ±â°£±¸Á¶ ¸ðÇüÀ» ÅëÇÑ Çѱ¹ÀÇ ÅëÈÁ¤Ã¥ ºÐ¼®,” Àå¿î¿í °øÀú, ¼±¹°¿¬±¸ 22±Ç 2È£, 2014, 161 – 192.
“ÁÖÅð¡°ÝÀÌ ¸ð±âÁö ´ëÃâ Á¶±â»óȯÀ²¿¡ ¹ÌÄ¡´Â ¿µÇâ¿¡ °üÇÑ ¿¬±¸: 2-¿äÀÎ ±¸Á¶¸ðÇü Á¢±Ù¹ý,” ¾ö¿µÈ£, ÇÑ¿µÇÏ °øÀú, À繫¿¬±¸ 27±Ç 3È£, 2014, 383 – 422.
“Who Overreacts to Overnight News? Empirical Evidence from the Korean Stock Market,” with Enjung Kwon, Young Ho Eom, Woon Wook Jang, Asia-Pacific Journal of Financial Studies, Vol. 44, April 2015, 298 – 321.
“¿ªº£Å¸ ¿äÀÎÀ» ÀÌ¿ëÇÑ Â÷ÀÔÁ¦¾à°ú ÁֽļöÀÍ·üÀÇ °ü°è¿¡ ´ëÇÑ ½ÇÁõ¿¬±¸,” ±èÅÂÇü °øÀú, À繫¿¬±¸ 28±Ç 4È£, 2015, 589 – 624.
“À§Çè±â¹Ý Æ÷Æ®Æú¸®¿À Àü·«ÀÇ ¼º°ú¿¡ °üÇÑ ½ÇÁõ¿¬±¸,” ¹Ú¼øä, ¾ö¿µÈ£ °øÀú, Áõ±ÇÇÐȸÁö 45±Ç 2È£, 2016, 247 – 284.
“Garbage as an Alternative Measure of Consumption: Evidence from Korea,” ¹Ú¹Ì¼± °øÀú, ±ÝÀ¶¿¬±¸, 30±Ç, 2È£, 2016, 45 – 63.
“Determinants of the Cross-sectional Stock Returns in Korea: Evaluating Recent Empirical Evidence,” with Heebin Yoon, Pacific-Basin Finance Journal, Vol. 38, June 2016, 88 – 106.
“Credit Cycle and the Macroeconomy: Empirical Evidence from Korea,” ¹®È£¼º °øÀú, °æÁ¦ºÐ¼® 22±Ç 4È£, 2016, 76 – 108.
“ÅõÀÚÀÚ °ü½É°ú ÁֽļöÀÍ·ü ¹ÝÀüÇö»ó¿¡ °üÇÑ ¿¬±¸: ÄÚ½º´Ú½ÃÀåÀ» Áß½ÉÀ¸·Î,” ÃÖÈ«½Ä °øÀú, À繫°ü¸®¿¬±¸ 33±Ç 4È£, 2016, 113 – 140.
“ºñÀûÁ¤ °¨»çÀÇ°ß °øÇ¥ °¡´É¼ºÀÌ ³»ºÎÀÚ °Å·¡¿¡ ¹ÌÄ¡´Â ¿µÇâ,” ÀÌ°æÅÂ, ÃÖÁ¾¿ø, ¹ÚÁÖÇü °øÀú, ȸ°è ¼¼¹«¿Í °¨»ç¿¬±¸ 58±Ç 4È£, 2016, 117 – 160.
“±â´ë¼öÀÍ·ü°ú º¯µ¿¼ºÀÇ °ü°è¿¡ ´ëÇÑ Àç°ËÁ¤: Çѱ¹ ÁֽĽÃÀåÀÇ Àå±âÀڷḦ Áß½ÉÀ¸·Î,” ¹ÚµµÁØ, ¾ö¿µÈ£ °øÀú, ¼±¹°¿¬±¸ 25±Ç 1È£, 2017, 1 – 39.
"³»ºÎȸ°è°ü¸®Á¦µµÀÇ Ãë¾àÁ¡ °ø½Ã°¡ ³»ºÎÀÚ ¸Åµµ°Å·¡¿¡ ¹ÌÄ¡´Â ¿µÇâ," ÀÌ°æÅÂ, ÃÖÁ¾¿ø, ¹ÚÁÖÇü °øÀú, °ü¸®È¸°è¿¬±¸ 17±Ç 1È£, 2017, 83 - 121.
“°æ±âº¯µ¿ÀÌ ±â¾÷ÀÇ ÅõÀÚ¿Í °í¿ë ¹× ÀÚ±ÝÁ¶´Þ¿¡ ¹ÌÄ¡´Â ¿µÇâ¿¡ °üÇÑ ¿¬±¸,” ¹ÚµµÁØ °øÀú, ±ÝÀ¶¿¬±¸, 31±Ç 1È£, 2017, 1 - 38.
“Discretionary Consumption and the Equity Premium: Evidence from Korea,” ¼ÕÀ¯³ª, °¿ëÁÖ °øÀú, À繫¿¬±¸, 30±Ç 2È£, 2017, 217 - 236.
"Risk Aversion, Uncertainty, and Monetary Policy in Zero Lower Bound Environments," with Woon Wook Jang and Seongjin Kim, Economics Letters, Vol. 156, July 2017, 118 - 122.
"Individual Investors and Post-Earnings-Announcement Drift: Evidence from Korea," with Yunsung Eom and Wook Sohn, Pacific-Basin Finance Journal, Vol. 53, February 2019, 379 - 398.
"¼Òºñ°ü·Ã °Å½Ãº¯¼ö¸¦ ÅëÇÑ ÀÚ»ê¼öÀÍ·üÀÇ ¿¹Ãø," ¹ÚµµÁØ, ¾ö¿µÈ£ °øÀú, ±ÝÀ¶¿¬±¸, 33±Ç 1È£, 2019, 105 - 149.
"À§ÇèÇÁ¸®¹Ì¾ö°ú À§Çè °£ÀÇ ½Ã°£°¡º¯Àû °ü°è¿¡ ´ëÇÑ °ËÁ¤," ¹ÚµµÁØ, ¾ö¿µÈ£ °øÀú, À繫¿¬±¸, 34±Ç 2È£, 2021, 67 - 104.
"Short Sales Restrictions and Market Quality: Evidence from Korea," with Yunsung Eom and Wook Sohn, Journal of Behavioral and Experimental Finance, Vol 30, June 2021.
"¼Òºñ°ü·Ã °Å½Ãº¯¼ö¸¦ »ç¿ëÇÑ Á¶°ÇºÎ Àڻ갡°Ý¸ðÇüÀÇ ¼³¸í·Â¿¡ °üÇÑ ¿¬±¸," ¹ÚµµÁØ, ¾ö¿µÈ£ °øÀú, Áõ±ÇÇÐȸÁö, 50±Ç 3È£, 2021, 339 - 367.
"»óÀåÁö¼öÆݵåÀÇ Áֽĺ¸À¯ºñÁß°ú º¯µ¿¼º¿¡ °üÇÑ °ËÁ¤," ÃÖº´È£, ±è½Ãû °øÀú, Áõ±ÇÇÐȸÁö, 51±Ç 3È£, 2022, 245 - 280.
“Predicting the equity premium with financial ratios: A comprehensive look over a long period in Korea,” with Dojoon Park and Young Ho Eom, Pacific-Basin Finance Journal, Vol. 84, April 2024.
ÁÖ¿ä ÇмúÈ°µ¿ ¹× ¼ö»ó
ÆíÁýÀ§¿øÀå: À繫¿¬±¸, 2022.1 - 2023.12
ÆíÁýÀ§¿øÀå: ¿¬¼¼°æ¿µ¿¬±¸, 2017 - 2019.
ÆíÁýÀ§¿ø: À繫¿¬±¸, 2010 – 2017, 2020 - 2021.
Associate Editor: Asia-Pacific Journal of Financial Studies, 2009 – 2017.
Ad hoc referee: Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Empirical Finance, Management Science, Oxford Bulletin of Economics and Statistics, Journal of Macroeconomics, Journal of Banking and Finance, Asia-Pacific Journal of Financial Studies, À繫¿¬±¸, ±ÝÀ¶¿¬±¸, ¿¬¼¼°æ¿µ¿¬±¸, Seoul Journal of Business.
¿ì¼ö³í¹®»ó: Çѱ¹À繫ÇÐȸ (2009, 2014), Çѱ¹±ÝÀ¶ÇÐȸ (À繫,ÀÚº»½ÃÀå ºÎ¹® 2017, ±ÝÀ¶±â°ü ºÎ¹® 2019), Çѱ¹Áõ±ÇÇÐȸ (2023).
¿ì¼ö¿¬±¸½ÇÀûǥâ: ¿¬¼¼´ëÇб³, 2010.
ÃÊÇåÇмú»ó: ¿¬¼¼´ëÇб³ »ó°æ °æ¿µ´ëÇÐ µ¿Ã¢È¸, 2010.
¿ì¼ö°ÀÇ»ó: ¿¬¼¼´ëÇб³ (2008, 2009, 2010, 2013, 2019), ¿¬¼¼´ëÇб³ °æ¿µ´ëÇÐ (2008, 2010, 2012, 2015, 2019, 2023)
Doctoral Fellowship, Graduate School of Business, Columbia University, 1997 - 2001
Mathew Fryde Prize for Excellence in Economics, Columbia University, 1997
Peter K. Block Scholarship, Columbia University, 1994-1997
G.S. Scholarship, Columbia University, 1993-1994
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¿¬¼¼´ëÇб³ ±³¼öÆòÀÇȸ ±³¹«ºÐ°úÀ§¿øÀå: 2017³â 6¿ù ~ 2019³â 5¿ù.
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¿¬¼¼´ëÇб³ °æ¿µÀü¹®´ëÇпø Finance MBA Program ÁÖÀÓ±³¼ö: 2017³â 3¿ù~2019³â 2¿ù, 2009³â 9¿ù~2013³â 8¿ù.
CFA Partnership Program Director: 2010³â 3¿ù ~ ÇöÀç.
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