HWAN-SIK CHOI

SELECTED WORKING PAPER

Information-Theoretic Perspective on Human Ability, In Chen et al. (eds.), Advances in Info-Metrics, Chap 4, forthcoming.

CURRICULUM VITAE

Click here for C.V.

ARTICLES

The Credit Card Debt Puzzle and Non-cognitive Ability (with Ron A. Laschever), Review of Finance, 22(6), 2109-2137, 2018.

Information Theory for Maximum Likelihood Estimation of Diffusion Models, Journal of Econometrics, 191(1), 110-128, 2016.

Expert Information and Nonparametric Bayesian Inference of Rare Events, Bayesian Analysis, 11(2), 421-445, 2016.

An Asymptotic Analysis of Likelihood-Based Diffusion Model Selection Using High Frequency Data  (with M. Jeong and Joon Y. Park), Journal of Econometrics, 178 (3), 539-557, 2014.

Geometry of the Log-Likelihood Ratio Statistic in Misspecified Models (with N. Kiefer), Journal of Statistical Planning and Inference, 141 (6), 2091-2099, 2011. 

Improving Robust Model Selection Tests for Dynamic Models (with N. Kiefer), Econometrics Journal, 13(2), 177-204, 2010. 

Development and Validation of Credit Scoring Models (with D. Glennon, E. Larson, and N. Kiefer),  Journal of Credit Risk, 4(3), 41-101, 2008.

Robust Nonnested Testing and Demand for Money (with N. Kiefer), Journal of Business & Economic Statistics, 26, pp. 9-17, 2008.

Software Evaluation: EasyReg International (with N. Kiefer), International Journal of Forecasting, 21, pp. 609-616, 2005.

RESEARCH

Econometrics:

Model selection; Diffusions; Robust inference with misspecified models; Bayesian methods; Forecasting; Statistical curvature and differential geometrical methods in statistics.

Financial economics:

Household finance; Credit risk; Macro-finance.

Behavioral economics: 

Noncognitive ability; Health economics; Genoeconomics; Neuroeconomics.

TEACHING

ECON615 Graduate Economic Statistics

ECON439 Risk Management and Insurance

ECON542 Advanced Financial Economics 

LINKS

Binghamton Economics

Cornell Economics / Statistics / Nick Kiefer

CRAN