







1. "The Forward Method as a Solution Refinement in Rational Expectations Models"
with Antonio Moreno, (Working Paper version)
Journal of Economic Dynamics and Control, March, 2011 Matlab Codes
This paper was previously circulated under the title:
"The Forward Solution for Linear Rational Expectations Models"
2. "New-Keynesian Macroeconomics and Term Structure"
with Geert Bekaert and Antonio Moreno,
Journal of Money, Credit and Banking, Feb, 2010 (Working Paper version)
Matlab Codes
3. "Another Weakness of ¡°Determinacy¡± as a Selection Criterion
for Rational Expectations Models" with Bennett T. McCallum,
Economics Letters, July, 2009 (Working Paper version)
4. "A Small-Sample Study of New-Keynesian Macro Model"
with Antonio Moreno, Journal of Money, Credit and Banking, Sep, 2006
5. "The Deaton Paradox in the Context of Long Memory with a Structural Break"
with Luis A. Gil-Alana and Antonio Moreno, Applied Economics, Forthcoming
1. "Estimating Monthly Macro-Finance Model for Korea"
Economic Analysis, 2009. II [in Korean]
2. "Monetary Policy Transmission Channel under Balance of Payment Restriction",
Kyong Je Hak Yon Gu, Dec 2007 [in Korean]
3. "An Empirical Assessment of the Korean Monetary Policy
since the Foreign Exchange Crisis", Korean Economic Review, Winter 2007
4. "A Test on the Efficiency of Monetary Policy in Korea"
with Hyeon-Seung Huh and Hee Yeul Woo
KDI Journal of Economic Policy, 2007. II
1. "Macroeconomic Regimes"
with Lieven Baele, Geert Bekaert, Koen Inghelbrecht and Antonio Moreno
2. Characterizing Markov-Switching Rational Expectation Models, 2011 (Working Paper)
Matlab Codes and Technical Guide
3. "Refining Linear Rational Expectations Models and Equilibrium¡±
with Bennett T. McCallum(Under Revision), 2011 (Working Paper)
4. "Expectional Stability in Multivariate Models"
with Antonio Moreno, (Under revision)
1. "Stochastic Risk Aversion, Time-Varying Term Premia and Macro Dynamics"
with Geert Bekaert and Antonio Moreno
2. "Optimal Monetary Policy under Habit Persistence and Stochastic Risk Aversion"
with Geert Bekaert and Antonio Moreno
Ad hoc reviewer for American Economic Review, Journal of Money,Credit and Banking,
Journal of Economic Dynamics and Control, Review of Economics and Statistics,
Review of Financial Studies