DONGHOON YOO
DONGHOON YOO
Associate Professor (without tenure)
Department of Economics
Korea University
Visiting Associate Professor
Institute of Social and Economic Researh (ISER)
Osaka University
Contact: donghoonyoo at gmail.com
Associate Professor (without tenure)
Department of Economics
Korea University
Visiting Associate Professor
Institute of Social and Economic Researh (ISER)
Osaka University
Contact: donghoonyoo at gmail.com
“When Is the Trend the Cycle?” Working paper, 2024, revise and resubmit in Journal of Economic Theory. (with Dan Cao and Jean-Paul L'Huillier)
“What Is Consumer Confidence?” Working paper, 2022. (with Jean-Paul L'Huillier, and Robert Waldmann)
“Overreaction and Macroeconomic Fluctuation of the External Balance.” Journal of Monetary Economics 151, 2025. (with Seunghoon Na)
“How to Interpret Consumer Confidence Shocks? State-level Evidence.” Economics Letters 244, 2024. (with Sangyup Choi and Jaehun Jeong)
The supplementary online appendix can be found here.
“Incorporating Diagnostic Expectations into the New Keynesian Framework.” The Review of Economic Studies 91 (5), 2024. (with Jean-Paul L'Huillier and Sanjay R. Singh)
The supplementary online appendix can be found here.
“News or Animal Spirits? Consumer Confidence and Economic Activity: Redux.” Journal of Applied Econometrics (replication section) 39 (5), 2024. (with Sangyup Choi, Jaehun Jeong, and Dohyeon Park)
“Statistics and Common Sense.” Journal of Statistics and Data Science Education 31 (3), 2023. (with Nobuyuki Hanaki and Jan Magnus)
The supplementary material is available here.
“Ambiguous Economic News and Heterogeneity: What Explains Asymmetric Consumption Responses?” Journal of Macroeconomics 72, 2022. (with Luisa Corrado, Edgar Silgado-Gómez, and Robert Waldmann)
“Ambiguous Information, Permanent Income, and Consumption Fluctuations.” European Economic Review 119, 2019.
The supplementary online appendix can be found here.
“Where Is the GE? Consumption Dynamics in DSGEs.” Journal of Money, Credit and Banking 51 (6), 2019. (with Jean-Paul L'Huillier)
This paper was previously circulated under "The New Keynesian Model and the Small Open Economy RBC Model: Equivalence Results for Consumption." An older version of the paper can be found here. The replication kit is available here.
“Bad News in the Great Depression, the Great Recession, and other U.S. Recessions: A Comparative Study.” Journal of Economic Dynamics and Control 81, 2017. (with Jean-Paul L'Huillier)
The replication kit is here.