Work in Progress

• Estimating a Dynamic Game of State Fiscal Policies under Partisan Governments (with Holger Sieg)

• Childcare and Long-Term Care: A Tale of Altruism and Strategic Motives within the Family (with Chao Fu and Ami Ko)

• Property Taxation and the Intergenerational Transfer of Housing Wealth during the Lifecycle, (with Jun Peng, Holger Sieg, Nancy Wallace)

Working Papers

• Land development and frictions to housing supply over the business cycle (with Hyunseung Oh and Choongryul Yang) [link]

• Early Specialization in Higher Education and Labor Market Outcomes (with Joseph Han and Jae-Yun Lee) [link]

• Impact of Urban Sprawl on Greenhouse Gas Emissions (with Myeonghwan Na) [link]

• Competing with Airbnb: Strategies of Incumbent and Entrant Hotels (with Hyunbae Chun, Hailey Hayeon Joo, Ian Jaeyeon Kim, Sangkon Park) [link]

Publications

[10]  Inclusionary Housing Policy and Rent Burdens: Evidence from New York City's 421-a Tax Exemption Program (with Myeonghwan Na) [link]

1. • Housing Studies, 2025, published online

[9] The Cost of Free: The Effects of “Wait-for-Free” Pricing Schemes on the Monetization of Serialized Digital Content (with Angela Aerry Choi, Ki-Eun Rhee, Wonseok Oh) [link]

1. • MIS Quarterly, 2023, 47(3), 1073-1100 

[8] The Impact of Local Fiscal and Migration Policies on Human Capital Accumulation and Inequality in China (with Holger Sieg and Jipeng Zhang) [link]

1. • International Economic Review, 2023, 4(1), 57-93. 

[7] Electoral Accountability and Control in U.S. Cities (with Holger Sieg) [link]

1. • Journal of Political Economy, 2022, 130(11): 2985-3023

[6] Time to Build and the Real-Options Channel of Residential Investment (with Hyunseung Oh) [link]

1. • Journal of Financial Economics, 2020, 135(1): 255-269

[5] Waiting for Affordable Housing in New York City (with Holger Sieg) [link]

1. • Quantitative Economics, 2020, 11(1): 277–313

[4] Measuring the welfare cost of air pollution in Shanghai: evidence from the housing market (with Jie Chen and Qianjin Hao) [link]

1. • Journal of Environmental Planning and Management, 2018, 61(10), 1744-1757

[3] Estimating Dynamic Games of Electoral Competition to Evaluate Term Limits in U.S. Gubernatorial Elections (with Holger Sieg) [link]

1. • American Economic Review, 2017, 107(7): 1824 – 57

[2] Estimating a Dynamic Spatial Equilibrium Model to Evaluate the Welfare Implications of Regional Adjustment Processes: The Decline of the Rust Belt [link]

1. • International Economic Review, 2017, 58(2): 473 – 497

[1] How should the graduate economics core be changed? (with Jose Miguel Abito, Katarina Borovickova, Hays Golden, Jacob Goldin, Matthew A. Masten, Miguel Morin, Alexandre Poirier, Vincent Pons, Israel Romem, Tyler Williams ) [link]

1. • Journal of Economic Education, 2011, 42(4), 414-417