Donghoon Yoo
Associate Professor, Department of Economics, Korea University
Ph.D. in Economics, University of Rome Tor Vergata, 2015
Research Papers:
Overreaction in Expectations under Signal Extraction: Experimental Evidence, J. Duffy & N. Hankai. (JME, revise and resubmit)
When Is the Trend the Cycle, with D. Cao & J.-P. L'Huillier. (JET, conditionally accepted)
Behavioral Expectations under Indeterminacy: An Empirical Evaluation, with Y. Hirose.
What Is Consumer Confidence? with J.-P. L'Huillier & R. Waldmann.
Overreaction and Macroeconomic Fluctuation of the External Balance, with S. Na. Journal of Monetary Economics, 151, April 2025, 103750.
How to Interpret Consumer Confidence Shocks? State-level Evidence, S. Choi & J. Jeong. Economics Letters, 244, November 2024, 111985. [Online Appendix]
Incorporating Diagnostic Expectations into the New Keynesian Framework, J.-P. L'Huillier & S. R. Singh. Review of Economic Studies, 91 (5), October 2024, 3013–3046. [Online Appendix]
News or Animal Spirits? Consumer Confidence and Economic Activity: Redux, with S. Choi, J. Jeong & D. Park. Journal of Applied Econometrics (replication section), 39 (5), August 2024, 960–966.
Statistics and Common Sense, with N. Hanaki & J. Magnus. Journal of Statistics and Data Science Education, 31 (3), 2023, 295–304. [Replication Kit]
Ambiguous Economic News and Heterogeneity: What Explains Asymmetric Consumption Responses? with L. Corrado, E. Silgado-Gómez & R. Waldmann. Journal of Macroeconomics, 72, June 2022, 103412.
Ambiguous Information, Permanent Income, and Consumption Fluctuations. European Economic Review, 119, October 2019, 79–96. [Online Appendix]
Where Is the GE? Consumption Dynamics in DSGEs, with J.-P. L'Huillier. Journal of Money, Credit and Banking, 51 (6), September 2019, 1491–1502. [Replication Kit]
Bad News in the Great Depression, the Great Recession, and Other U.S. Recessions: A Comparative Study, with J.-P. L'Huillier. Journal of Economic Dynamics and Control, 81, August 2017, Pages 79–98. [Replication Kit]
Teaching (Fall 2026):
ECON335 International Finance (at) Korea University
Contact:
Mailing address
Department of Economics
Korea University
145 Anam-ro, Seongbuk-gu
Seoul 02841, Korea (Rep)
Office
College of Political Science & Economics Builidng 609, Korea University
donghoonyoo (at) korea.ac.kr
© 2026 Donghoon Yoo.