Kwanho Shin


Department of Economics, Korea University

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Selected Papers

Inter- and Intra-Sectoral Shocks: Effects on the Unemployment rate, Journal of Labor Economics, 1997, v.15, pp. 376-401.

Sectoral Shocks and Movement Costs: Effects on Employment and Welfare, Journal of Economic Dynamics and Control, 1997, v.21, pp. 449-471.

Intranational Business Cycles in the U.S., (co-authored with Gregory D. Hess), Journal of International Economics, 1998, v.44, pp.289-314.

Some Intranational Evidence on Output-Inflation Tradeoffs(co-authored with Gregory D. Hess), Macroeconomic Dynamics, 1999, v.3, 187-203 

The Role of Labor Input in the Relationship between Investment and Uncertainty, (co-authored with Jaewoo Lee), American Economic Review, 2000, v90, pp.667-80. 

Risk Sharing by Households Within and Across Regions and Industries, (co-authored with Gregory D. Hess), Journal of Monetary Economics, 2000, v.45, pp. 533-560. 

IMF Bailouts and Moral Hazard  (co-authored with Jong-Wha Lee), Journal of International Money & Finance, 27, 2008, pp.816-830.

Why Are The Wages of Job Stayers Procyclical?  (co-authored with Donggyun Shin), Macroeconomic Dynamics, vol.12 no.1, Feb.2008, pp. 1-21.

Are Initial Wage Losses of Inter-Sectoral Movers Compensated by Their Subsequent Wage Gains?  (co-authored with Donggyun Shin and Seonyoung Park), Macroeconomic Dynamics, Volume 14, Issue 04, Sep 2010, pp. 501-526.

A Semiparametric Cointegrating Regression: Investigating the Effects of Age Distributions on Consumption and Saving  (co-authored with Joon Y. Park and Yoon-Jae Whang, Journal of Econometrics, Volume 157, Issue 1, July 2010, pp. 165-178.

Understanding the Backus-Smith Puzzle: It's the (Nominal) Exchange Rate, Stupid   (co-authored with Gregory Hess), Journal of International Money & Finance, Volume 29, Issue 1, February 2010, pp. 169-180.

When Fast Growing Economies Slow Down: International Evidence and Implications for China  (Co-authored with D. Park and B. Eichengreen) Asian Economic Papers, Vol. 11, No.1, Winter 2012, pp.42-87.

Noncore Bank Liabilities and Financial Vulnerability (co-authored with Joon-Ho Hahm and Hyun Song Shin), Journal of Money, Credit and Banking, 45 (s1), August 2013, pp.3-36. 

Contagion through National and Regional Exposures to Foreign Banks during the Global Financial Crisis (co-authored with Cyn-Young Park), Journal of Financial Stability, Volume 46, Article 100721, February 2020. 

Financial Stress in Lender Countries and Capital Outflows from Emerging Market Economies (co-authored with Ilhyock Shim),  Journal of International Money and FinanceVolume 113, 102356, May 2021.

COVID-19, Nonperforming Loans, and Cross-Border Bank Lending  (co-authored with Cyn-Young Park),  Journal of Banking and Finance, Volume 133, December 2021, 106233.


From Miracle to Maturity: The Growth of the Korean Economy (Co-authored with Barry Eichengreen and Dwight Perkins), Harvard University Asia Center and Harvard University Press, 2012.