I am an Assistant Professor in the Department of Economics at the Catholic University of Korea. 

My research focuses on topics at the intersection of empirical macroeconomics and international finance, including firm financing, capital flows, demographic changes, and sustainable finance. 

CV: Download

Google scholar: Link

Email: yjheo [at] catholic [dot] ac [dot] kr

Publications

ESG Performance and Trade Credit: Evidence from OECD Countries, Applied Economics Letters Forthcoming

Capital Flows to Emerging Markets: the Role of Information Transparency, The Journal of Economic Integration Vol. 39, No. 4 (2024) , 811-830.

The Effect of Trade Credit on Firm Performance: Evidence from Korean Firms during the Global Financial Crisis, Journal of International Money and Finance 140 (2024), 102987.

Population Aging and House Prices: Who Are We Calling Old?, The Journal of the Economics of Ageing 23 (2022), 100417.

Capital Flight from Africa: New Estimates, 1950-1970, In Juan Flores Zendejas, Gisela Hürlimann, Luigi Lorenzetti, Hans-Ulrich Schiedt, editors, Texte und Zahlen / Des textes et des chiffres, 149-176. Chronos Verlag, Zürich, 2019

Working Papers & Work in Progress

Yield Spread Synchronization and Capital Inflows

Carbon Pricing and Foreign Direct Investment Dynamics 

The Interaction between Investment–Cash Flow Sensitivity and Macroeconomic Shock

Bank Lending to Emitting Firms