HWAN-SIK CHOI

ASSOCIATE PROFESSOR
DEPARTMENT OF ECONOMICS
BINGHAMTON UNIVERSITY

Email: hwansik@binghamton.edu
Address: 4400 Vestal Parkway E, Binghamton, NY 13902
Phone: (607) 777-7356 Fax: (607) 777-2681






Selected working paper

The Credit Card Debt Puzzle and Non-cognitive Ability (with Ron A. Laschever), forthcoming in Review of Finance.


CURRICULUM VITAE

Click here for C.V.

ARTICLES

Information Theory for Maximum Likelihood Estimation of Diffusion ModelsJournal of Econometrics, 191(1), 110-128, 2016.
Expert Information and Nonparametric Bayesian Inference of Rare EventsBayesian 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 Econometrics178 (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