Byoung Hark Yoo (유병학)

Associate Professor

Research Interests: International Macroeconomics, Bayesian Financial Econometrics, Financial Crisis

Working Papers:

Sudden Stops and Foreign Reserves, (2015)

Selected Published Papers:

<International Macroeconomics>

The Role of Foreign Debt and Financial Frictions in a Small Open Economy DSGE Model, (forthcoming) (with Myung-Soo Yie), Singapore Economic Review.

Markov-switching Open-economy DSGE Model: the Case of Korea, (2015) (with Seonghoon Cho) Panel for Korean Economic Analysis, 21-2, pp 1-44 (in Korean).

Bayesian Analysis on Regime Shifts in Korea's Monetary Policy, (2014) Journal of the Korean Data Analysis Society, 16-3, Pages 1195-1206.

Countercyclical Capital Buffer and Monetary Policy, , (2012) (with Kyoo-Hwan Jo) KDI Journal of Economic Policy, 34-4, pp 69-90 (in Korean).

The Effects of Inter-Korean Integration Type on Economic Performance: the Role of Wage Policy, (2012) (with Mun Sung Min) International Economic Journal, 26-3, Pages 447-470.

Interest Arbitrage and Interest Rates in Korea, (2008), Economic Analysis, 14-3 (in Korean).

The Role of Money under an Interest Rate Rule, (2008) (with Junhan Kim) Journal of Money and Finance, 22-1 (in Korean).

<Bayesian Financial Econometrics>

On the Bayesian Risk Evaluation of Minimum Guarantees in Variable Annuities, (forthcoming) (with B. Ko and H. Kwon) Asia-Pacific Journal of Risk and Insurance.

Bayesian Analysis of Reserving Minimum Guarantees in Variable Annuities, (2013) (with B. Ko and H. Kwon) Journal of Insurance Studies, 24-3, pp 3-26.

The Volatility Of The Won-Dollar Exchange Rate During The 2008-9 Crisis, (2012) (with Hyun Kook Shin) Journal of Economic Development ,37-4, Pages 61-77.

The Korean Stock Market Volatility during the Currency Crisis and the Credit Crisis, (2011) (with Jaeho Cho) Japan and the World Economy, 23-4, Pages 246-252.

Estimating the Term Premium by Markov Switching Models with ARMA-GARCH Errors, (2010) Studies in Nonlinear Dynamics and Econometrics, 14-2.

Old Working Published Papers:

Estimating U.S. Monetary Policy Rule Using a Markov Switching DSGE Model, (2011)