Associate Professor
School of Economics, Yonsei University
[New!] Attention-Dependent Monetary Transmission to Household Beliefs with Jaemin Jeong and Choongryul Yang
August 2025
Revise and Resubmit at American Economic Journal: Macroeconomics
Inflation Indexation and Zero Lower Bound with Daeha Cho
Updated April 2025
Designing Optimal Progressive Taxation under Hours Constraints with Kitae Cho
Revise and Resubmit at Journal of Economic Dynamics and Control
A Bewley Model of Asset Pricing with Dong-Hyun Ahn and Hwagyun(Hagen) Kim
Updated September 2023
Real Wage Cyclicality and Monetary Policy
Forthcoming at B.E. Journal of Macroeconomics (Advances)
Intensive and Extensive Margins of Labor Supply in HANK: Aggregate and Disaggregate Implications
Journal of Money, Credit and Banking, September 2025, 57(6).
Housing Market Connectedness and Transmission of Monetary Policy with Woo Suk Lee
Economic Inquiry, July 2025, 63(3).
Gini in the Taylor Rule: Should the Fed Care About Inequality? with Kwangyong Park
B.E. Journal of Macroeconomics (Contributions), January 2025, 25(1).
Monetary Policy and Inequality: How Does One Affect the Other?
International Economic Review, May 2023, 64(2). Top Cited Article 2022-2023
The Heterogeneous Welfare Effects of Business Cycles with Daeha Cho
European Economic Review, April 2023, 153.
Real Wage Rigidity, Heterogeneity, and the Business Cycles
Macroeconomic Dynamics, October 2021, 25(7).
Homeownership and Housing Transitions: Explaining the Demographic Composition with Sarah Zubairy
International Economic Review, May 2021, 62(2).
Entrepreneurship and Income Distribution Dynamics: Why Is the Income Share of Top Income Earners Acyclical over the Business Cycle? with Noh-Sun Kwark
International Economic Review, February 2021, 62(1).
The Heterogeneous Responses of Consumption between Poor and Rich to Government Spending Shocks
Journal of Money, Credit and Banking, October 2019, 51(7).
Monetary Policy, Wealth Inequality, and Lifecycle Dynamics with Christian Bustamante and Heejeong Kim
The Macroeconomic Consequences of Government Consumption and Investment with Sarah Zubairy and Sunju Hwang
Tax Progressivity and Indexation