Associate Professor
Department of International Finance
Hankuk University of Foreign Studies (HUFS)
81 Oedae-ro, Cheoin-gu, Yongin-si, Gyeonggi-do, Republic of Korea, 17035
Email: yongkim@hufs.ac.kr
Research Interests
Empirical Asset Pricing; Market Liquidity; Stock Market Efficiency; International Finance
Education
KAIST, Ph.D. in Management Engineering (Finance)
KAIST, M.S. in Management Engineering (Managerial Economics)
Yonsei University, B.S. in Electrical & Electronic Engineering (Minor in Economics)
Academic Positions
Associate Professor, Department of International Finance, HUFS, 2025.3-present
Assistant Professor, Department of International Finance, HUFS, 2021.3-2025.2
Associate Research Fellow, Securities & Derivatives R&D Center, Korea Exchange, 2017.7-2021.2
Publications
Simultaneous inference in testing conditional alphas of momentum portfolios (with J.Kim and S.Lee), North American Journal of Economics and Finance, 82, 2026, 102557
Resiliency, Short Sales, and Expected Returns in the Korean Stock Market (with J.Kim), Global Economic Review, 54, 2025, 388-415
Industry-adjusted book-to-market ratio and value premium (with J.Kim and S.Lee), Finance Research Letters, 86, 2025, 108347
Predicting the Korean Won-U.S. Dollar Exchange Rate Using Cross-currency and Interest Rate Swap Rates (with J. Kim), Asian Review of Financial Research, 38(2), 2025, 31-58
Impacts of analyst coverage initiation on market quality (with D. Ryu), Investment Analysts Journal, 53(4), 2024, 484-500
Which stock price component drives the Amihud illiquidity premium? (with J. Kim), North American Journal of Economics and Finance, 64, 2023, 101876
Is the Kimchi premium a speculative bubble? (with H.Ok and J. Kim), Finance Research Letters, 57, 2023, 104207
Price informativeness: a potential explanation for the idiosyncratic volatility puzzle (with J. Kim), Applied Economics Letters, 30, 2023, 2264-2269
Firm-specific or market-wide information: How does analyst coverage influence stock price synchronicity? (with D. Ryu), Borsa Istanbul Review, 22(6), 2022, 1069-1078
Market‐wide shocks and the predictive power for the real economy in the Korean stock market (with J. Kim), Pacific Economic Review, 27(4), 2022, 380-399
Bank Transparency and the Market’s Perception of Bank Risk (with J. Kim and M. Kim), Journal of Financial Services Research, 5, 2020, 115-142
Transitory prices, resiliency, and the cross-section of stock returns (with J. Kim), International Review of Financial Analysis, 63, 2019, 243-256
Foreign investors and the speed of price adjustment across multiple correlation regimes in Korea (with J. Kim), Finance Research Letters, 25, 2018, 137-144
Export Competitiveness and Firm Value through ESG Management and Supply Chain Finance (with J. Baek and Y. Cho), Asia Pacific Journal of Small Business, 45(4), 2023, 61-88 (in Korean)
Short Sales, Refixing Clauses, and the Convertible Bond Announcement Effect, Korean Journal of Financial Engineering, 21(4), 2022, 21-50 (in Korean)
Teaching Experience
Undergraduate Courses
Investments, Money and Banking, Financial Derivatives, Principles of Economics
Graduate Courses
Seminar in Investments, Research Methods on Financial Markets, Financial Derivatives, Finance Machine Learning
Honors & Awards
Outstanding Paper Award - Spring Conference of the Korean Association of Small Business Studies (2024)
Outstanding Paper Award - Joint Conference with the Allied Korea Finance Associations (2017)
HUFS Teaching Award (2023, 2025)
HUFS Research Award (2023)
Non-Academic Experience
Staff, Procurement Management Team, Samsung Engineering, 2009.2-2011.1