Working Papers

• "Hidden Hawkish-Dovish Factor in Monetary Policy Rule" (Under Review)

•  “Stationary Bayesian Markov Equilibria in Bayesian Stochastic Games with Periodic Revelation”  (Last updated on 07/26/2023) (Under Review) Online Appendix 

• "Markup Polarization and Efficacy of Monetary Policy: A Tale of Two Firms'' (Under Review)

Journal Publications

• "An Affine Term Structure Model with Fed Chairs' Speeches." (accepted) Finance Research Letters

• "Optimal Central Bank Forward Guidance."  International Journal of Central Banking. 19. 4 (2023): 401–447. Print and Online.

•  “Changes in Wage Differentials among College Graduates in South Korea, 1999–2008." (in English). Korean Journal of Labor Economics. 34.1(2011): 103–138. Print and Online. (Media coverage (in Korean): Economy Insight , September 1, 2011. Print and Online.) 

Work In Progress

• “The  Athey,  Atkeson,  and  Kehoe  Model  with  Periodic  Revelation  of  Private  Information”  (Joint  with Narayana Kocherlakota) (Presented at the Midwest Macro Meetings at Michigan State University, East Lansing, Michigan in November 2019)

•  “Optimal Central Bank Communication in a Basic New Keynesian Model with Risk Premium” (Presented at the A. Stockman Memorial Conference at the University of Rochester, Rochester, New York in October 2019)

• "A Concise and Intuitive Introduction to Financial Economics (working title)" (A preparation of a textbook for the Financial Economics course)