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DONGGYU LEE

 

 

CONTACT DETAILS                                                                                                                                

Macroeconomic and Monetary Studies Function                                            Donggyu.Lee@ny.frb.org

Research and Statistics Group                                                                        donggyulee81@gmail.com

Federal Reserve Bank of New York                                         http://sites.google.com/view/donggyulee

33 Liberty Street, New York, NY 10045, USA

 

PROFESSIONAL EXPERIENCE

2021-present           Federal Reserve Bank of New York. Macroeconomic and Monetary Studies 

Research Economist.

2011-2015              Bank of Korea. Payment and Settlement System Department. Junior Economist.

 

 

EDUCATION

2015-2021              Ph.D. in Economics, University of Maryland, College Park

2009-2011              M.A. in Economics, Seoul National University (South Korea).

2001-2009              B.A. in Economics, Seoul National University (South Korea). Distinction 

 

 

PUBLICATIONS 

“Estimating Hank for Central Banks,” with Sushant Acharya, Marco Del Negro, Aidan Gleich, Ethan Matlin, Reca Sarfati, William Chen, Keshav Dogra, Shlok Goyal, Donggyu Lee, and Sikata Sengupta, Central Banking, Analysis and Economic Policies, Vol. 30 [Link]

 

WORKING PAPERS

“Income Inequality and Job Creation,” with Sebastian Doerr and Thomas Drechsel. (R&R at ReStud) [Link]

“Unconventional Monetary Policies and Inequality” (R&R at RED) [Link]

“The Uneven Effects of Monetary Policy on Household Consumption” [Link]

“Tradeoffs for the Poor, Divine Coincidence for the Rich,” with Marco Del Negro, Ibrahima Diagne, Keshav Dogra, Pranay Gundam, and Brian Pacula [Link]

 

WORK IN PROGRESS

“Business Cycles with Stratified Labor Markets,” with Luminita Stevens

“Forecast Uncertainty and Forward Guidance,” with Emma Ko

“Distributional Consequences of a Higher Inflation Target,” with Jun Hee Kwak