Research

Publications

• Birth Rates, Longevity, and Monetary Transmission (with Myunghyun Kim)

   Economics Letters,  2026, 268, 113203.

• The Redistributive Effects of Monetary Policy in an OLG Model

   European Economic Review,  2023, 155, 104433.

• The Consumption Response to Universal Payments under the COVID-19 Pandemic: Case of South Korea (with Seongeun Kim, Tae-Hwan Rhee, and Wonmun Shin)

   Empirical Economics, 2023, 65(5), 2181–2211.

• Information Acquisition and Asset Price Volatility

         Finance Research Letters, 2022, 46(A), 102236.

• Optimal Policy in Lemon Markets with Flexible Information Acquisition

          Economic Modelling, 2022, 106, 105669. 

• Uncertainty, Incentives, and Misallocation

         Journal of Money, Credit and Banking, 2020, 52(7), 1821-1851.

• The Redistributive Effects of Forward Guidance

         Economics Letters, 2019, 182: 118-121.

Working Papers

• Dispersed Information in a Production Network (with Jonathan Kreamer)

• Imperfect Transparency and the Risk of Securitization

            [Previous version]

• Did Household Indebtedness Hamper Consumption During the Covid-19 Recession? Evidence from Micro Data (with Seongeun Kim)