Working Papers

1. Strategic Responses to Used Goods Markets: Airbus and Boeing, (Online appendix), 2016 (Revise & Resubmit at AEJ: Micro)

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

3. Fuel Hedging and Behavior Bias: An Empirical Look at the U.S. Airline Industry, 2021 with Long Shi and Qihong Liu (Revise & Resubmit at Journal of Economics & Management Strategy)

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

5. "Entry Threat and Price Dispersion: Evidence from US Airline Mergers,” 2021 with Qi Ge and Joe Mazur

6. "Does Flu Vaccination Affect Earnings? Evidence of the US, 2010-2019" 2021 with Junying Zhao, Ahmed Chaudry, Firat Demir and Pallab Ghosh (under review)

7. Labor Unions and Product Quality: A Case Study of the U.S. Airline Industry, 2020 with Qi Ge and Donggeun Kim (under review)

8. "What Spurs Investment in the Vaccine Industry? Interplay of Competition and Subsidies" 2021 with Junying Zhao, Firat Demir and Pallab Ghosh

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

10. "Cost-Minimization and Adaptation in Crisis Mode: Insights from the Airline Industry" 2021 with Qi Ge and Donggeun Kim

11. “Spillover Impact of Airline Bankruptcy: Evidence from the Housing Market in Smaller Communities”, 2018 with Qi Ge, Georgia Kosmopoulou, and Sean Oconnor

Work in Progress

1. “Subcontracting and Tacit Collusion in the Airline Industry” with Silke Forbes, Donggeun Kim and Joe Mazur

2. “Relational Adaptation within and between Firms: Evidence from the US Airline Industry” with Ricard Gil and Giorgio Zanarone

3. “Air Defense R&D: Technological Spillovers to the Civil Aircraft Industry”

4. "The Financial Impact of COVID-19 on Publicly Traded Healthcare Firms" 2021 with Donggeun Kim and Junying Zhao

5. "Product Unbundling and Consumer Welfare: A Study of Full Fare Advertising Rule" with Qi Ge

6. "Tax Reform and Product Quality Improvement" 2021 with Donggeun Kim and Michael Luca


16. When do Firms Offer Higher Product Quality? Evidence from the Allocation of Inflight Amenities, with Qihong Liu and Nicholas Rupp, conditionally accepted at Review of Industrial Organization

15. One for All or All for One: What Does the Category Captain Do?, with Leilei Shen, Suman Basuroy and Sri Beldona, Forthcoming at Canadian Journal of Economics

14. Competition and Price Dispersion under Pricing Asymmetry, with Leilei Shen and Qi Ge, Forthcoming at Oxford Bulletin of Economics and Statistics

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,


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)

Publications - Health Policy

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, Forthcoming at Health Policy

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

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