Research

Working Papers

12. Network Structures and Resilience of Supply: Insights from the U.S. Airline Industry, 2021 with Qi Ge, Donggeun Kim, and Jangsu Yoon (under review) 

11. What Occurs When a Shot is Fired? Gender Differences in Housing Markets, 2023 with Suman Basuroy and Yongseok Kim (under review) 

10. Product Market Effects of Mergers and Unionization: Roll Together or Clash?, 2020 with Qi Ge, Donggeun Kim, and Jangsu Yoon (under review) 

9. Uneven Business Recovery from the Pandemic: The Racial Disparity, 2023 with Suman Basuroy and Yongseok Kim (under review) 

8. Controlling for Entry Threat Effects in Merger Analysis, 2022 with Joe Mazur and Yongjoon Park 

7. The Dual Effects of Mergers on Peripheral Markets: Evidence from the U.S. Airline Industry, 2021 with Joe Mazur 

6. Does Flu Vaccination Affect Wages? State-Level Evidence from the US, 2021 with Junying Zhao, Ahmed Chaudry, Firat Demir and Pallab Ghosh (under review) 

5. What Spurs Investment in the Vaccine Industry? Interplay of Competition and Subsidies, 2022 with Ahmed Fatmaoui, Firat Demir, Qi Ge, Pallab Ghosh, and Junying Zhao (under review) 

4. Do Marriage and Children Deprive Women's Hiring Opportunities - A Field Experiment, 2020 with Jiawei Lyu, Daniel Nedelescu, and Leilei Shen 

3. Tax Reform and Product Quality Improvement, 2021 with Junyeol Ryu, Georgia Kosmopoulou, and Jangsu Yoon 

2. Backward Compatibility in Two-Sided Markets, 2017 with Richard Gretz and Suman Basuroy (Reject & Resubmit at International Economic Review)

1. Strategic Responses to Used Goods Markets: Airbus and Boeing, (Online appendix), 2024 with Jangsu Yoon (Revise & Resubmit at AEJ: Micro)


 Publications 

17. Fuel Hedging and Behavior Bias: An Empirical Look at the U.S. Airline Industry, with Long Shi and Qihong Liu, Forthcoming at Journal of Economics & Management Strategy

16. When do Firms Offer Higher Product Quality? Evidence from the Allocation of Inflight Amenities, with Qihong Liu and Nicholas Rupp, Review of Industrial Organization, 62, 149-177 (2023)   

15. One for All or All for One: Does the Category Captain Play Favorites?, with Leilei Shen, Suman Basuroy and Sri Beldona, Canadian Journal of Economics,  Vol 56, Issue 1, February 2023, 87-113

14. Does Competition Increase or Decrease Price Dispersion? Insights from One-way vs. Round-Trip Airfares, with Leilei Shen and Qi Ge, Oxford Bulletin of Economics and Statistics, Vol 85, Issue 2, April 2023, 435-455

13. Gender Gap in Tenure & Promotion: Evidence from the Economics Ph.D. Class of 2008, 2016 with Susan Chen and Qihong Liu, Southern Economic Journal, Vol 88, Issue 4, April 2022, 1277-1312  (Media Coverage: INSIDE HIGHER ED

12. Carry-On Baggage Fee, Airline Pricing and Subcontracting, with Lei He and Qihong Liu, Journal of Economics & Management Strategy, 2022;31:115-145 

11. Does Competition Increase Quality? Evidence from the U.S. Airline Industry, with Ricard Gil, International Journal of Industrial Organization, Vol 77, June 2021,

102742.   2021 IJIO Best Empirical Paper Award 

10. Tacit Collusion and Price Dispersion in the Presence of Southwest Airline, with Donggeun Kim and Kerry Tan, Southern Economic Journal, Vol 88, Issue 1, July 2021, 3-32

9. Relational Contracting in the Airline Industry,  with Ricard Gil and Giorgio Zanarone, Management Science, Vol 68, Issue 2, February 2022, 809-1589

8. Mergers and Labor Market Outcomes in the U.S. Airline Industry, with Qi Ge and Donggeun Kim, Contemporary Economic Policy,  Vol 39, Issue 4, October 2021, 849-866

7. Returns to Job Satisfaction in the Presence of Horizontal Mismatch, with Qi Ge and Leilei Shen and Eunjung Jordan, Applied Economics, 2020, 52:27, 2913-2930 

6. Help or Hindrance? U.S. Aid on Growth , with Leilei Shen, Applied Economics Letters, 2020, 27:21, 1746-1753

5. Relational Contracting in Developed Economies:Lessons from Slot Exchanges in the US Airline Industry, with Ricard Gil and Giorgio Zanarone, Japanese Economic Review, Vol.70, Issue 3 (Sep. 2019)

4. I am Jane. Do I Pay More in the Housing Market?, 2018 with Sean Oconnor and Brent Norwood and Leilei Shen, Economics Bulletin, Vol.39 No.2 p.A151 (2019)

3. Does Job Satisfaction Increase Sales and Customer Satisfaction? Evidence from Retail Banking in South Korea, with Ricard Gil and Inhyouk Koo, The B.E. Journal of Economic Analysis & Policy, Vol.17, Issue 3 (Jul 2017) 

2. A Comparative Study of COVID-19 Emergency Funds Allocated to the Health Sector: US, UK, and Canada, with Junying Zhao, Gabrielle Westbrook and Dale Bratzler, Health Policy 126(6): 493-503 (2022)

1. Reforming the Countermeasures Injury Compensation Program for Covid-19 and Beyond: An Economic Perspective, with Junying Zhao, Firat Demir, Pallab Ghosh, Austin Earley, Journal of Law and the Biosciences, 9(1): 1-31 (2022)


Publications - in Korean

The Impact of IT-Industry Development on the Korean Economy, with Youngsub Chun, Economics Journal (in Korean), (2005)

Recent Drafts available upon request