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