JANGYOUN LEE (0000-0001-5430-5553) (orcid.org)
RESEARCH INTERESTS
[Fields] Macroeconomics
[Keywords] Economic Inequality and Growth, Financial Stability
EDUCATION
2017–2021 PhD in Economics, University of Cambridge, United Kingdom
- Dissertation: "Three Essays in Economic Inequality"
(Committee: Prof. Ha-joon Chang, Prof. Tiago Cavalcanti, Prof. Facundo Alvaredo)
2016–2017 MPhil in Economic Research, University of Cambridge, United Kingdom
2015–2016 MSc in Economics, University of Warwick, United Kingdom
2000–2006 BA in Economics, Korea University, South Korea
(2002–2004) (On leave for two-year mandatory military service)
PROFESSIONAL EXPERIENCE
2022– Assistant Professor, Department of Economics, Incheon National University, South Korea
2006–2022 Senior Economist, Bank of Korea, South Korea
- International Department, Monetary Policy Department, Macro-prudential Department, etc.
- A member of the Korean delegation on the Financial Stability Board Shadow Banking Task Force
- A member of the Preparatory Task Force of Confirmation Hearings for Governor of the Bank of Korea
- A member of the Management Improvement Task Force of the Bank of Korea
- A member of the Bank of Korea Young Board
PUBLICATIONS
(In English)
Long-run Implications of Super Low Fertility on Korean Housing Markets (with H.D. Suh), Economic Modelling 107125, 2025. Link
Behind the elusive employment effect of the minimum wage: A regression discontinuity approach (with T.H. Oh), the Hitotsubashi Journal of Economics, 66(2), 2025.
Rising land values and the Post-1978 Growth-Inequality Relationship (sole author), Applied Economics, 2024.Link
Determinants of long-term institutional investors' investment: Insights from a machine-learning analysis (Jeon, Lee and Lee), Applied Economics Letters, 2024.Link
The Kimchi Premium and Bitcoin-Cashing Outlets (Oh and Lee), Finance Research Letters, 50, 103200, 2022.Link
Behind Rising Inequality and Falling Growth (sole author), Journal of Macroeconomics, 70, 103371, 2021.Link
Rentier Premium and Wealth Inequality (sole author), Economics Bulletin, 41(3), p. 1994-2002, 2021.Link
Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions (with the Other Shadow Banking Entities Workstream members), Financial Stability Board, Jan 2014Link
Strengthening Oversight and Regulation of Shadow Banking (with the Other Shadow Banking Entities Workstream members), Financial Stability Board, Aug 2013 Link
(In Korean)
우리나라 1인 가구의 한계소비성향 분석(서현덕, 오태희 공저), 한국경제의 분석, 31(1), pp.55-93, 2025. Link
The Marginal Propensity to Consume of Single-Person Households in South Korea, ournal of Korean Economic Analysis, 31(1), pp.55-93, 2025.
외국인 유입이 우리나라 노동시장에 미치는 영향(오태희 공저), 지역개발연구, 2025.
Impact of Foreign Workers on the Labor Market in South Korea.
우리나라 고령자의 은퇴 이후 소득절벽 효과 분석(오태희 공저), 경제학연구, 72(1), pp.29-71, 2024. Link
The Income Cliff Effect after Retirement in South Korea, Korean Journal of Economic Studies, pp.29-71, 72(1), 2024.
우리나라 노동시장에서의 흙수저 디스카운트 효과 (오태희 공저), 경제학연구, 70(4), pp.27-68, 2022. Link
Being born with a wooden spoon cannot guarantee a golden future?, Korean Journal of Economic Studies, 70(4), pp.27-68, 2022.
청년층 근로자의 이직을 통한 임금 사다리 효과 분석 (오태희 공저), 경제학연구, 70(3), pp.97-141, 2022. Link
Can Job Turnover Help Young Korean Workers Climb the Wage Ladder?, Korean Journal of Economic Studies, 70(3), pp.97-141, 2022.
지역경제발전과 금융시스템의 역할 (양준모·최기산·조기숙 공저), 지역발전연구, 23(1), pp.31-58, 2014. Link
The Role of Financial Sector in Regional Economic Development, Journal of Regional Studies and Development, 23(1), pp.31-58, 2014.
금융위기 이후 저신용 가계 차주 현황 (임영주 공저), 한국은행 이슈노트, 2, 2014. Link
강원도 신재생에너지산업의 현황과 발전방안 (안경철 공저), 한국은행 강원본부, 2009. Link
강원지역 서비스산업의 현황과 발전방향 (양성우 공저), 한국은행 강원본부, 2009. Link
WORK IN PROGRESS
Becoming a Homeowner and Tightening the Belt in South Korea (with T.H. Oh, R&R at the Pacific Economic Review)
In Search of the Origin of Original Sin Dissipation (with B.D. Han and T.H. Oh, IMF working paper; R&R at the Journal of International Money and Finance) Link
Economic Consequences of Self-Employment Exit in Later Life (with T.H. Oh)
Conflict Trap and Economic Slowdown
The Impact of Super-low Fertility rate on Housing Market
Testing Piketty’s Hypothesis on the Drivers of Economic Inequality in South Korea
REFEREEING EXPERIENCE
Journal of Macroeconomics, Finance Research Letters, International Economic Journal, Korean Journal of Economic Studies, Journal of Northeast Asian Economic Studies, 노동경제논집
TEACHING EXPERIENCE
2025 Economic Growth and Business Cycles (Spring), Mathematical Economics (Spring)
2024 Economic Growth and Business Cycles (Spring), Mathematical Economics (Spring), Mathematics for Economics (Fall), Economics of Inequality (Fall)
2023 Economic Growth and Business Cycles (Spring), Seminar on Money, Banking and Financial Markets (Spring), Mathematics for Economics(Fall)
2022 Economic Growth (Spring), International Trade (Spring), Mathematics for Economics (Fall), Financial Economics (Fall)
PROFESSIONAL ACTIVITIES
2025 Researcher, Bank of Korea Knowledge Partnership Program for State Bank of Vietnam
Adviser, Bank of Korea Incheon Branch
Adviser, Financial Supervisory Service
Discussion Committee, Korea Electric Power Corporation
2024 Project Manager, Bank of Korea Knowledge Partnership Program for National Bank of Cambodia
Adviser, Bank of Korea Incheon Branch
Adviser, Financial Supervisory Service
Discussion Committee, Korea Electric Power Corporation
2023 Discussion Committee, Korea Electric Power Corporation
Adviser, Bank of Korea Incheon Branch
Researcher, Bank of Korea Knowledge Partnership Program for Bank of Mongolia
2022 Researcher, Bank of Korea Knowledge Partnership Program for State Bank of Vietnam
Adviser, Ministry of the Interior and Safety, Local Regulatory Innovation
HONOURS, SCHOLARSHIPS, AND AWARDS
2025 Research Grant, Incheon National University
2024 Research Grant, Incheon National University
Research Grant(3years), National Research Foundation of Korea
2023 Academic Award, Incheon National University
Research Grant, Incheon National University
2022 Research Grant, Incheon National University
2019 Best Graduate Paper (2nd rank), Korea Labor Institute
2017 Cambridge International Full Scholarship (3 years), University of Cambridge
2015 Overseas Study Full Sponsorship (2 years), Bank of Korea
2015 Chevening Scholarship, the UK Foreign & Commonwealth Office
2014 Monthly Best Paper Prize, Journalists Association of Bank of Korea
2009 Governor’s Prize for Annual Awards, Bank of Korea
2008 Governor’s Prize for Special Awards, Bank of Korea
2004 External Scholarship for Academic Excellence, Korea University
Honors Scholarship for Academic Excellence, Korea University