Research

Publications

[1] How to Interpret Consumer Confidence Shocks? State-level Evidence 

         with Sangyup Choi, and Donghoon Yoo, Economics Letters, 2024, 244    

[2] News or Animal Spirits? Consumer Confidence and Economic Activity: redux 

         with Sangyup Choi, Dohyeon Park, and Donghoon Yoo, Journal of Applied Econometrics, 2024, 39(5)       

[3] On the Welfare Cost of Business Cycles: The Role of Labor-Market Heterogeneity 

         with Myungkyu Shim, Journal of Macroeconomics, 2022, 73   [Slides]   [Codes]

[4] Quantitative Evaluation of Effects of Universal Basic Income on Aggregate Economy and Labor Market

      with Myungkyu Shim, Kukje Kyungje Yongu, 2021 (in Korean)