Jae Ho Yoon
Dr. Jae Ho Yoon made the Theory of Housing Business Cycles. ( H V = P Y )
He consulted more than 200 projects as a senior principal economist of POSCO Research Institute for 21 years (1995-2016). He was a project leader of top 184th supercomputer in the world (POSDATA, 2001). He consulted Gale Int'l ltd through Songdo International City Project (2005).
His research focuses on Housing Business Cycles in the Asset Economy. His research area includes issues of growth, wealth of nation, Korean industries, AI.
He holds a B.A. in Economics from Korea University, an M.A. in Econometrics from Korea University, and a Ph.D. in Urban Development and Management from Hanyang University. He is an alumnus of HARVARD Kennedy School Executive Education (HKSEE 2019).
Current Position
Visiting Professor of Architecture & Urban Planning, Hongik University
E-mail : beowulfkorea@gmail.com
Web : http://sites.google.com/site/beowulfkorea/
Address:
Department of Urban Planning
Hongik University
94 Wausan-ro, Mapo-gu, Seoul, 04066, South Korea
Papers
Past Position
Adjunct Professor, WGST (2023.3 - 2024.2)
Lecturer, Chungbuk National University (2019.9 - 2022.8)
Lecturer, Korea University (2018.9 - 2019.2)
Adjunct Professor, Hanyang University (2017.9 - 2018.8)
Senior Principal Economist, POSCO Research Institute (1995.11-2016.6)
Senior Researcher, First Economic Research Institute (1993.9-1995.10)
Dealer, Lucky Securities Co.(1989.8-1990.6)
Education
Executive Education, HARVARD Kennedy School, (HKSEE 2019)
Ph.D., Urban Development and Management, Hanyang University, 2011.9-2015.2
M.A., Econometrics, Korea University, 1991.9-1994.2
B.A., Economics, Korea University, 1983.3-1989.8
Current Professional Society Membership
The Society for Economic Measurement, Membership
The Korean Economic Association, Life Membership
Korean Academic Society of Business Administration, Life Membership
Past Professional Society Membership
The Econometric Society, Membership
The American Economic Association, Membership
The American Finance Association, Membership
International Association for Applied Econometrics, Membership
Korea Planning Association, Membership
Awards
Outstanding Ph.D. Paper Award, Hanyang University, 2015
Best Researcher, POSCO Research Institute, 2007
Scholarship, Korea University, Dept of Economics, 1983
Session Chair in the Conference
Session 100: Macroeconometrics III, 2009 Far East and South Asia Meeting of the Econometric Societ, The University of Tokyo , Japan, Econometric Society, 2009
Session: D-5: Banking, Monetary Economics, Financial Economics, Macroeconomics ,Society of Economic Measurement , Xiamen University, China, Society of Economic Measurement, 2018
Primary Fields
Housing Business Cycles FIML Markov-Switching Model, Supercomputer
Publications
Jae-Ho Yoon, 2004. "Oil and the G7 business cycle" 경제연구(Journal of Korean National Economy), Vol 22, No.4, 253-273
Jae-Ho Yoon, 2006. "The Co-movement of Inflation and the Real Growth of Output," The Journal of the Korean Economy, Vol. 7, No. 2 (Winter 2006), 213-229
Jae-Ho Yoon, 2008.“Has the G7 business cycle become more synchronized ?”, 동아시아경제사회연구(Review of East Asian Economic and Social Studies), Vol.3, 61-92, No1, June
Jae-Ho Yoon, Joo-Hyung Lee, 2014. "The Linked Movement of House Prices and GDP in the G7 Countries," 국토연구(The Korea Spatial Planning Review) , Vol. 82, 49-60
Jae-Ho Yoon, Joo-Hyung Lee, 2014. "Marginal Propensity to Consume with Economic Shocks - FIML Markov-Switching Model Analysis," 한국산학기술학회논문지, Vol. 15, No 11, 6565-6575
Jae-Ho Yoon, Katarzyna Anna Nawrot, 2022, "Impact of BREXIT on G7 properties ", Applied Economics, (SSCI) Vol 54, No. 57, 6551-6558
Dissertation (Korean)
Ph.D. 2015. 주택가격과 거시경제변수의 경기동행성 분석 : FIML Markov-Switching 모델을 기반으로
M.A. 1994. 새로운 先行 綜合 指數
Books
World Steel Company (Korean), POSCO Research Institute, 1996
Alzza Linux 6.1 (Korean), Infobook, 2000
The Eye to the World 2 (Korean), Issuetoday, 2001
Finance & Economics Readings, Springer, 2018
e-Books
FIML Markov-switching model , 2019-
International Conference
Oil and the G7 business cycle : Friedman’s Plucking Markov Switching Approach, The 2004 Far Eastern Meeting of the Econometric Society, Yonsei University (2004)
Has the G7 business cycle become more synchronized ?, The 2004 Far Eastern Meeting of the Econometric Society, Yonsei University (2004)
Instrumental variables estimation of a flexible nonlinear model, Korea and the World Economy, V , Korea University (2006) (coauthored with Young-Wan Goo)
Simultaneous Equations in the Markov-Switching Model, The 2009 Far East and South Asia Meeting of the Econometric Society, University of Tokyo (2009)
Instrumental variables estimation of a flexible nonlinear model, The 30th International Symposium on Forecasting, San Diego (2010) (coauthored with Young-Wan Goo)
The Co-movement of Housing Price and the Growth of Output, The 33rd International Symposium on Forecasting, KAIST (2013) (coauthored with Joo-Hyung Lee)
The co-movement of house price and stock price with shocks, Korea and the World Economy, XV, Seoul (2016)
The co-movement of house price and stock price in the G7 countries, The Korean Economic Association, Sogang University (2016) (coauthored with Young-Wan Goo)
US Monetary Policy and the G7 House Business Cycle,"ppt" The 4th International Association for Applied Econometrics, Sapporo (2017)
The linked movement of house price and stock price with shocks, Asia-Pacific Conference on Economics & Finance, Singapore (2017)
US Monetary Policy and the G7 House Business Cycle, "ppt" The Society for Economic Measurement (SEM), Program, MIT (2017)
The Wealth Effect in the G7 House Business Cycle, The Society for Economic Measurement , Xiamen University (2018)
Is the UK Housing Business Cycle an Outlier in the G7 Countries?, The Korean Economic Association, Sogang University (2019) (coauthored with Katarzyna Anna Nawrot)
Impact of BREXIT on G7 properties, 6th International Symposium in Computational Economics and Finance, Paris (2020) (coauthored with Katarzyna Anna Nawrot)
Conference in Korea
The co-movement of house price and stock price with shocks , 대한국토도시계획학회, Seoul 2016
Working Papers
Estimation of Hamilton’s flexible nonlinear model with endogenous random field Unpublished Manuscript 2006
Beowulf Supercomputer
NASA's Goddard Space Flight Center in 1994 by Don Becker
"Beowulf Community" (1997-)
"Korea Beowulf Supercomputer" 1999
"POSDATA's Top 184 Supercomputer in the World" 2001
My Photos
Top 184th Supercomputer (2001, Posdata)
Harvard Kennedy School (2019) - Boston