Byoungchan Lee
Assistant Professor
Department of Economics
Hong Kong University of Science and Technology
Curriculum Vitae: (PDF)
Contact: bclee@ust.hk
Publication
"Forecast Error Variance Decompositions with Local Projections," (with Yuriy Gorodnichenko), 2020. Journal of Business and Economic Statistics 38(4), 921-933. Link (PDF, Appendix, Code, NBER, SSRN).
A previous version circulated under the title “A Note on Variance Decomposition with Local Projections,” NBER Working Paper No. 23998, November 2017.
Working Papers
"Wealth Inequality, Aggregate Consumption, and Macroeconomic Trends under Incomplete Markets." (PDF).
"A Guide to Single Equation Regressions for Impulse Response Estimations," (with ChaeWon Baek). (PDF, Appendix).
Previous versions circulated under the titles “Model Selection and Impulse Responses with Single Equation Regressions” and “ABCs of Understanding Single Equation Regressions.”
"A Three-Factor Model of the Earnings Distribution." (PDF).
"Lag Order Selection in Local Projections." (PDF, Appendix, Fixed-b Table)
Work in Progress
"Endogenous Wedges in the Aggregate Euler Equation due to Wealth Inequality."
Publication in Korean
"A Dynamic Analysis of Income Composition and Transition in Korea," (with Jae-Young Kim), 2013. Korean Economic Journal (경제논집) 52(2), 119-144.