Welcome to my website! I am an Assistant Professor of Finance at the University of Guelph, Gordon S. Lang School of Business and Economics.
Research Interests: Banking, Financial Intermediation, Corporate Finance, Climate Finance
Email: dbstn971209@gmail.com
50 Stone Road East, Guelph, Ontario N1G 2W1, Canada
Education
KAIST, Ph.D. in Finance, 2026
University of South Carolina, Visiting Ph.D. Student, Mar 2025 - Feb 2026 (Host: Allen N. Berger, Hugh H. Kim)
Seoul National University, B.A. in Economics, 2020
Working Papers
The SOFR Premium in Nonbank Loans (Job Market Paper)
Revise & Resubmit, Journal of Financial and Quantitative Analysis
Presentations: FMA 2026, University of Guelph, University of South Carolina
Lending in the Smog: Bank Exposure to Air Pollution and the Amplification of Transition Risk
(with Allen N. Berger, Hyun-Soo Choi, and Hugh H. Kim)
Revise & Resubmit, Journal of Financial Intermediation
Best Ph.D. Paper Award, Sydney Banking and Financial Stability Conference 2024
Presentations: CICF 2026, SFA 2025, FMA 2025, Sydney Banking and Financial Stability Conference 2024, Conference on Asia-Pacific Financial Markets 2024, Federal Reserve Board, Monash University, University of South Carolina, KAIST
Stock Mispricing and Dual Holders' Loan Pricing (with Yeonggyu Yun)
Revise & Resubmit, Journal of Banking and Finance
Best Ph.D. Student Paper Award, Korean Finance Association 2023
Best Ph.D. Student Paper Award, Joint Conference with the Allied Korea Finance Associations 2024
Presentations: AFA PhD Poster 2025, FMA 2024, Australasian Finance & Banking Conference 2024, Sydney Banking and Financial Stability Conference 2023,
Joint Conference with the Allied Korea Finance Associations 2024, Korean Finance Association 2023, KAIST
(with Hyun-Soo Choi, Hugh H. Kim, and Paul Kim)
Revise & Resubmit, Journal of Law and Economics
Semifinalist for Best Paper Award in Investments, FMA 2022
KB Securities Best Paper Award, Conference on Asia-Pacific Financial Markets (CAFM) 2022
Presentations: ASSA-AREUEA 2023, CICF 2022, ABFER 2022, SFA 2022, FMA 2022, Conference on Asia-Pacific Financial Markets 2022, AsRES-AREUEA Joint Conference 2022, Annual Conference of the Asia-Pacific Association of Derivatives 2022, Joint Conference with the Allied Korea Finance Associations, University of Wisconsin-Madison
Dishonest or Misunderstood? Corporate Environmental Commitment and the Value of Persistence
(with Hyun-Soo Choi and Hugh H. Kim)
Presentations: ASSA-IBEFA 2023, FMA 2022, Conference on Asia-Pacific Financial Markets 2022, Global AI Finance Research Conference 2022,
Annual Conference of the Asia-Pacific Association of Derivatives 2022, Joint Conference with the Allied Korea Finance Associations 2022,
University of South Carolina, KAIST
Media Coverage: Duke Law School FinReg Blog