Donghoon Yoo

Associate Professor, Department of Economics, Korea University

Ph.D. in Economics, University of Rome Tor Vergata, 2015


CV



Research:

Overreaction in Expectations under Signal Extraction: Experimental Evidence
with John Duffy & Nobuyuki Hanaki
July 2026

Behavioral Expectations under Indeterminacy: An Empirical Evaluation
with Yasuo Hirose
May 2026

What Is Consumer Confidence?
with Jean-Paul L'Huillier & Robert Waldmann
December 2022

When Is the Trend the Cycle
with Dan Cao & Jean-Paul L'Huillier
Journal of Economic Theory, forthcoming

Overreaction and Macroeconomic Fluctuation of the External Balance
with Seunghoon Na
Journal of Monetary Economics, 151, April 2025, 103750

How to Interpret Consumer Confidence Shocks? State-level Evidence
with Sangyup Choi & Jaehun Jeong
Economics Letters, 244, November 2024, 111985
[Online Appendix]

Incorporating Diagnostic Expectations into the New Keynesian Framework
with Jean-Paul L'Huillier & Sanjay 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 Sangyup Choi, Jaehun Jeong & Dohyeon Park
Journal of Applied Econometrics (replication section), 39 (5), August 2024, 960–966

Statistics and Common Sense
with Nobuyuki Hanaki & Jan 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 Luisa Corrado, Edgar Silgado-Gómez & Robert 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 Jean-Paul 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 Jean-Paul L'Huillier
Journal of Economic Dynamics and Control, 81, August 2017, Pages 79–98
[Replication Kit]


Teaching (Korea University):

ECON335 International Finance
ECON465 Behavioral Finance


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

Email

donghoonyoo (at) korea.ac.kr


© 2026 Donghoon Yoo.