Blind Refereed Academic Journal Articles in English
27. Kyung Soon Kim, Jin Hwon Lee, Yu-Jin Kim, and Yun W. Park, 2022, Share Repurchases and Insider Trading Behavior: New Evidence on Managerial Opportunism, Korean Journal of Financial Studies, Forthcoming
26. Kim, Kyung Soon, Jin Hwon Lee, and Yun W. Park, 2022, Combined Dividend and Earnings Reporting Policies: Signaling or Managerial Opportunism?, Korean Accounting Review, 47, 205-242
25. Kim, Kyung Soon, Jin Hwon Lee and Yun W. Park, 2022, Acquiring Firms’ Earnings Management in Stock-for-Stock Mergers within Korean Business Groups, Managerial Finance, 27-48
24. Kyung Soon Kim and Yun W. Park, 2021, Long-term Performance Following Share Repurchase, Signaling Costs and Accounting Transparency: Korean Evidence, Review of Accounting and Finance, 20, 143-166
23. Kim, Jihun, Seok-Kyun Hur, Yun W. Park, 2020, The Housing Consumption Capital Asset Pricing Model with an Antichresis Rent Market: Nonseparability and Composition Risk, Real Estate Economics, 49, 297-317
22. Park, Hye Hyun, Posang Lee, Yun W. Park, 2020, Information Asymmetry and the Effect of Financial Openness on Firm Growth and Wage in Emerging Markets, International Review of Economics & Finance 69, 901-916
21. Park, Jinwoo, Kengo Shiroshita, Naili Sun, Yun W. Park, 2018, Involuntary Delisting in the Japanese Stock Market, Managerial Finance, 44(9), 1155-1171
20. Kim, Kyung-Soon, Jin Hwon Lee and Yun W. Park, 2018, Voluntary Disclosure of Externally-Sourced Technological Innovation and the Managerial Opportunism: Evidence from the Korean Stock Market, Asia-Pacific Journal of Financial Studies, 47, 81-106
19. Yun W. Park, 2017, An Exploratory Study of Agency Costs of Sponsored REITs in Singapore, Hong Kong and Japan, Journal of Real Estate and Portfolio Management, 23(1), 35-50.
18. Kim, Kyung-Soon, Jinwoo Park and Yun W. Park, 2017, Differential Informativeness of Analyst Reports by Investor Types: Evidence from the Korean Stock Market, Managerial Finance, 43(5), 567-594.
17. Jinwoo Park, Posang Lee and Yun W. Park, 2014, Information Effect of Involuntary Delisting and Informed Trading, Pacific-Basin Finance Journal, 30, 251-269
16. Jinwoo Park, Posang Lee and Yun W. Park, 2014, Embezzlement Disclosure Request and Information Asymmetry between Individual and Institutional Investors, Investment Analysts Journal, 80, 13-24
15. Yun W. Park and Doo Won Bang, 2014, Loss Given Default of Residential Mortgages in a Low LTV Regime: Role of Foreclosure Auction Process and Housing Market Cycles, Journal of Banking and Finance, 39(1), 192-210
14. Kim, Kyung Soon, Yun W. Park and Jinwoo Park, 2013, Analyst Tipping on Neglected Firms: Evidence from the Korean Stock Market, Asia Pacific Journal of Financial Studies, 42(2), 262-286
13. Park, Yun W. and Doo-Won Bang, 2013, Valuation of Brokers over Real Estate Cycles: A Korean Evidence, International Real Estate Review, 16(2), 166-188.
12. Michael LaCour-Little, Yun W. Park, Richard Green, 2012, Parameter Stability and the Valuation of Mortgages and Mortgage-Backed Securities, Real Estate Economics, 40, 1, 23-63
11. Park, Yun W. and Doo-Won Bang, 2012, Direct Commercial Real Estate as an Inflation Hedge: Korean Evidence, Journal of Real Estate Property Management, 18(2), 187-203.
10. Yun W. Park, Doo-Won Bang, Hyeon-Jin Lee, 2011, The Prepayment Decisions of Mortgage Loans and the Housing Market Dynamics: Korean Evidence, Journal of Emerging Markets, Vol. 15(3), 35-47
9. Park, Sae Woon, Doo Woan Bahng and Yun W. Park, 2010, "Price Run-up in Housing Markets, Access to Bank Lending and House Prices in Korea," Journal of Real Estate Finance and Economics, 40, 332-367
8. Park, Yun W. Park, Sae Woon and Doo Woan Bahng, 2010, "Are Broker Quotes Too Optimistic: Korean Evidence," International Real Estate Review, 13, 46-78
7. Park, Yun W., Zekiye Selvili and Moon Song, 2008, “Large Outside Shareholders as Monitors: Evidence from Partial Acquisitions,” International Review of Economics and Finance, 17, 529-545
6. Stohs, Mark Hoven and Yun W. Park, 2007, “Residential Stability or Rational Bubble: Proposition 13 in Southern California,” International Real Estate Review, 10, 26-47.
5. Erickson, John, Yun W. Park., Joe Reising and Han Shin, 2005, “Board Composition and Firm Value under Concentrated Ownership: the Canadian Evidence” Pacific Basin Journal of Finance, 13, 387-410
4. Park, Yun W. and Shin, H., 2004, “Board Composition and Earnings Management in Canada,” Journal of Corporate Finance, 10, 431-457
3. Liu, Hongyu, Yun W. Park, and Siqi Zheng, 2002, “The Interaction between Housing Investment and Economic Growth in China,” International Real Estate Review, 5, 40-60.
2. Park, Yun W., Toni Nelson, and Mark Huson, 2001, “Executive Pay and the Disclosure Environment: Canadian Evidence,” Journal of Financial Research, 24, 347-365.
1. Park, Yun W., Khalil Torabzadeh, and Toni Nelson, 2000, “Controlling Shareholder and Executive Incentive Structure: Canadian Evidence,” Canadian Journal of Administrative Sciences, 17, 245-253
Papers Currently under Review
Kyung Soon Kim, Jin Hwon Lee, Hyeon Kee Kim, and Yun W. Park, Price Efficiency of Audit Fees after Adoption of New International Standards on Auditing
Kyung Soon Kim, Jin Hwon Lee, Yun W. Park, Are Foreign Institutional Investors Long-Term Investors in Korea?: Relationship between Influence Level and Opportunistic Earnings Management
Working Papers
Kyung Soon Kim, Jin Hwon Lee, Hyeon Kee Kim, and Yun W. Park, Price Efficiency of Audit Fees after Adoption of New International Standards on Auditing
Kyung Soon Kim, Jin Hwon Lee, Yun W. Park, Are Foreign Institutional Investors Long-Term Investors in Korea?: Relationship between Influence Level and Opportunistic Earnings Management
Park, Yun W., Forbearance and Cure of Residential Mortgage Defaults in a Full Recourse Jurisdiction: Korean Experience
Park, Yun W., Discrete Proportional Hazard Model of Residential Mortgage Prepayment
Park, Yun W., Hedonistic House Price Index as a Financial Prudential Indicator
Park, Yun W., A Study of House Price Bubble: Evidence from the US Housing Market
Park, Yun W., Asian Commercial Real Estate as Inflation Hedge: A Multi-Country Multi-Asset Class Analysis
Park, Yun W., Cross-Country Funds Flow and the Distortion on Dollar-Won Currency Market: Evidence from Interest Rate Swaps and Cross-Currency Swaps
Blind Refereed Academic Journal Articles in Korean
12. Kang Dong-Seok and Yun W. Park, 2019, A Study on the Valuation of Early Termination Payment Option of Toll Road PPP Project in the Context of PPP Restructuring: Application of LSMC Simulation, Journal of Korea Real Estate Analysts Association, 25(4), 55-67
[강동석, 박연우, 2019, 국내 민자사업 재구조화 관련 민자도로사업의 매수청구권 가치평가에 관한 연구: LSMC 시뮬레이션의 적용, 부동산학연구, 25(4), 55-67]
11.
Yun W. Park and Seok-Kyun Hur, 2018, Determinants of Household Debt, Financial Distress of Overindebted Households and Analysis of Credit Risk, Journal of Financial Information, 7, 1-31
[박연우, 허석균, 2018, 가계부채 결정요인과 부채부담취약계층의 재무곤경 및 신용위험 분석, 금융정보연구, 7, 1-31]
10.
Chen, Shasha and Yun W. Park, 2016, Housing Prices and Real Estate Development Loans in China: Evidence from Tier 1 Cities, Journal of Korea Real Estate Analysts Association, 22(4), 93-102
[진사사, 박연우, 2016, 중국 주택가격과 부동산개발대출의 상관관계에 관한 연구: 1선 도시 중심으로, 부동산학연구, 22(4), 93~102]
9.
Choi, Seongil and Yun W. Park, 2015, An Assessment of the Effect of Macro-Prudential Regulations in Korea Based on Mortgage Default Analysis, Journal of Money and Finance, 29(3), 1-46
[최성일, 박연우, 2015, 주택담보대출 부도요인 분석을 통한 LTV 및 DTI 등 거시건전성 규제의 효과에 관한 연구, 금융연구, 29(3), 1-46]
8.
Yun W. Park and Doo Woan Bang, 2012, Effect of Prepayment and Call Limit on the Duration of CMO (Multi-tranche MBS): Full vs. Partial Pass-Through Structure, Korean Journal of Futures and Options, 20 (4), 391-425
[박연우, 방두완, 2012, 조기상환과 콜한도가 CMO(다계층MBS)의 듀레이션에 미치는 영향분석: 부분이체(Partial Pass-Through)구조를 중심으로, 선물연구, 20 (4), 391-425]
7.
Doo Woan Bang and Yun W. Park , 2012, Loss-Given-Default of Residential Mortgage Loans: Korean Evidence, Quarterly Economic Analysis, 18(4), 51-84
[방두완, 박연우, 2012, 국내 주택담보대출 LGD의 기본특성과 결정요인 분석: 아파트시장을 중심으로, 경제분석, 18(4), 51-83]
6.
Yun Woo Park and Doo Won Bang, 2012, An Analysis of the Relationship between House Prices and Bank Lending in Korea, Journal of Money and Finance, 26(1), 1-35
[박연우, 방두완, 2012, 주택가격과 은행대출의 상관관계에 관한 연구, 금융연구, 제 26권 1호, 1-35]
5.
Yun Woo Park and Doo Won Bang, 2011, Estimation of the Credit Risk of Mortgage Loans Using Stress Test and Monte Carlo Simulation, Housing Studies Review, 19(4), 79-109
[박연우, 방두완, 2011, 스트레스 테스트와 Monte Carlo 시뮬레이션을 통한 국내금융기관의 주택담보대출 신용위험분석, 주택연구, 제19권 제4호, 79-109]
4.
Yun Woo Park and Doo Won Bang, 2011, Financial Soundness of the Construction Firms and the Stress Tests of the Construction Industry, Journal of Korea Real Estate Analysts Association, 17(3), 105-119 [박연우, 방두완, 2011, 건설업체의 재무건전성모형 추정과 건설업의 스트레스 테스트, 부동산학연구, 제17권 제3호, 105-119]
3.
Yun W. Park, Doowon Bang, 2011, An Analysis of the Determinants of Fixed Rate Mortgage Loans' Conditional Prepayment Rates: Using Pool Level Time-Series Regression, Housing Studies Review, 19(3), 77-99
[박연우, 방두완, 2011, 고정금리 주택담보대출 조건부 조기상환률의 결정요인 분석: Pool 단위 시계열 회귀분석 중심으로, 주택연구, 제19권 제3호, 77-99]
2.
Yun W. Park, Doowon Bang, 2011, Asymmetrical Smoothing in the Appraisal Based Apartment Price Based Index, Housing Studies Review, 19(2), 23-46
[박연우, 방두완, 2011, 평가기반 아파트가격지수에서의 비대칭 평활화 현상에 관한 연구, 주택연구, 제19권 제2호, 23-46]
1.
Bang, Doowon, Sae Woon Park and Yun W. Park, 2010, An Analysis of Default and Prepayment in Korean Mortgage Markets, Journal of Money and Finance, 24(4), 87-118
[방두완, 박세운, 박연우, 2010, 한국 모기지시장의 채무불이행과 조기상환 분석, 금융연구, 제24권 제4호, 87-118]