Jong-Wha Lee

Ph.D., Harvard University

 Fields: Macroeconomics, Finance, Economic Growth Ph: +82 2-3290-2216
Office: 419 PSE		 jongwha@korea.ac.kr

Education

  •  87.9 – 92.6: 미국 하버드 대학교 대학원 경제학과(경제학 석사, 박사, 전공: 거시경제학)
  •  81.3 – 83.2: 고려대학교 대학원 경제학과 (경제학 석사)
  •  77.3 – 81.2: 고려대학교 경제학과 (경제학사)

Job Experiences

  • 2013.8 – 현재: 고려대학교 아세아문제연구소장
  • 2011.1 – 2013.2: 청와대 국제경제보좌관 및 G20 셰르파
  • 2009.6 – 2010.9: 아시아 개발은행, 수석 이코노미스트
  • 2008.10 – 2009.6: 아시아 개발은행, 수석 이코노미스트 대행
  • 2007.3 – 2010.1: 아시아 개발은행, 지역협력국 국장
  • 2003.5 – 2007.1: International Center for Korean Studies, Korea University(국제한국학센터), Director
  • 2004.7-2006.6: 국민경제 자문회의 위원
  • 2005.1-2: IMF 초빙교수
  • 2000.3 – 현재: 고려대학교 정경대학 경제학과 교수
  • 1995.3 – 2000.2: 고려대학교 정경대학 경제학과 부교수
  • 2003.6: Central Bank of Chile 초빙교수
  • 2003.5-2007.1: International Center for Korean Studies, Korea University(국제한국학센터), Director
  • 2002.12-2003.3: 일본 고베 대학교, 경제경영 연구소 초빙교수
  • 2001.7-2006.12: 금융 발전심의회 심의위원
  • 2001.7-2007.1: 호주국립대학 겸임교수
  • 2001.7-2003.6: 한국은행 조사부 자문교수
  • 1999.1 – 2000.1: 미국 하버드 대학교, 국제개발연구원(HID) 연구위원
  • 2001.2: Asian Development Bank Institute 방문교수
  • 2000.8: Australian National University 방문교수
  • 99.9 – 00.1: 미국 하버드 대학교, 경제학과 초빙교수
  • 99.1 – 99.6: 미국 하버드 대학교, 행정대학원 겸임교수
  • 99.1, 98. 1,2: 국제통화기금(IMF) 초빙교수
  • 98.1-6, 94.6-12: 국제연합개발계획(UNDP) 자문위원(Consultant)
  • 97.1-2, 94.6-7: 국제통화기금(IMF) 초빙교수
  • 95.12 – 97.6: 세계은행(World Bank) 자문위원(Consultant)
  • 93.5 – 96.5: 미국 N.B.E.R. 연구위원(Faculty Research Fellow)
  • 93.3 – 95.2: 고려대학교 정경대학 경제학과 조교수
  • 95.1-2, 94.1-2: 미국 후버연구소 초빙교수
  • 94.6-8: 미국 하버드 대학교 경제학과 방문교수
  • 93.6 – 94.5: 한국금융연구원 비상임 연구위원
  • 92.9 – 93.4: 국제통화기금(IMF) 이코노미스트(Economist)
  • 88.6 – 92.6: 미국 하버드 대학교 경제학과 연구조교(Research Assistant)및 강사요원(Teaching Fellow)
  • 86.3 – 87.7: 호서대학교 사회과학대학 경제학과 조교수
  • 84.3 – 86.2: 호서대학교 사회과학대학 경제학과 전임강사
  • 81.3 – 82.12: 한국농어촌연구원 연구원

Books

  • 미래 한국의 선택 글로벌 상생 : 위기와 기회의 한국경제, 다자외교시대에 날개를 펴다! (공저), 동아일보사, 2012.
  • Costs and Benefits of Economic Integration in Asia (with R. Barro), Oxford University Press, January 2011.
  • Asian Regionalism in the World Economy (with M. Kawai and P. Petri), Edward Elgar, December 2010.
  • The Future Global Reserve System-an Asian Perspective (with Jeffrey D. Sachs, M. Kawai, and Wing Thy Woo), Asian Development Bank, July 2010.
  • 거시경제학 (공저), 박영사, 2009.
  • 교육의 질의 결정요인 분석 (공저), [경제학 연구], 2006.
  • 지역무역협정에 따른 생산성증대효과 분석 (공저), 대외 경제 정책연구원, 2006.12.
  • 기초연구와 응용개발투자의 최적 구조에 관한 연구 (공저) 경제분석, 12(3), 2006.10.
  • 인구구조 변화가 저축과 경상수지에 미치는 영향 한국경제의 분석, 12(1), 2006.4.
  • R&D 투자와 인적자본 확충을 통한 생산성과 성장잠재력 확대 방안 심층연구 연구보고, 2005.
  • 한국 경제 성장요인의 산업별 분석, 1970-2001 (공저), [경제학 연구], 53(2), 2005.6.
  • 한중일 FTA의 경제성장효과 (공저), 대외 경제 정책연구원, 2005.2.
  • 생산성제고:기술혁신과 교육의 질적개선 함정호 편, [선진국진입을 위한 한국경제의 새로운 성장전략], 한국은행, 2004,12.
  • 지역무역협정에 있어 환율제도가 무역에 미치는 영향과 한중일 FTA에의 시사점 (공저),대외경제정책연구원,(2004)
  • 국제 금융 협력에서 동아시아 및 한국의 위상 제고 방안 재경부 정책 연구 용역 보고서 (2003.12)
  • [동아시아 경제의 성장과 금융위기의 재조명: 재도약할 것인가.] 아세아문제연구소,2003
  • 동아시아 통화 통합의 비용 편익 분석과 정치 경제학적 함의 (신관호,왕윤종 공저) 대외경제정책연구소 (2003.10)
  • 벤처캐피탈 도덕적해이 방지 방안에 관한 연구,(공저), 연구보고서, (2002.2)
  • 자본시장개방과 한국의 실질이자율,(공저: Robert Barro), 한국금융연구원, (1994. 12)
  • [금융부문의 비효율성과 금융위기],한국금융연구원, (2000년.10).
  • [전환기의 북한경제: 북한경제의 성장잠재력 분석],고려대학교 출판부, (2000년.9).
  • [한국의 IMF프로그램 3년] (공저), 대외경제정책연구원, (2000년.12).

Published Papers

  • Will the Renminbi emerge as an International Reserve Currency?, Forthcoming The World Economy, 2014.
  • Does Trade Integration Contribute to Peace?, (with J. Pyun), Forthcoming Review of Development Economics, 2014.
  • Symposium on human capital and economic development: An introduction, (with R. Barro and F. Caselli), Journal of Development Economics, 104, 2013.
  • A New Data Set of Educational Attainment in the World, 1950-2010 (with R. Barro), Journal of Development Economics, 104, 2013.
  • Welfare implications of international financial integration (with K. Shin), Japan and the World Economy, 24(4), 2012.
  • “How Effective are Capital Controls in Asia?,” (with M. S. Gochoco-Bautista and J. Juthathip) Asian Economic Papers, 11(2) 2012.
  • “Real and Financial Integration in East Asia,” (with S. Kim), Review of International Economics, 20(2), 2012.
  • “Human Capital Accumulation in Emerging Asia, 1970-2030,” (with R. Francisco), Japan and the World Economy, 24(2), 2012.
  • “Economic Growth in Asia: Determinants and Prospects,” (with K. Hong), Japan and the World Economy, 24(2), 2012.
  • “Introduction,” (with K. Shin), International Economic Journal, 25(4), 2011.
  • “Financial Integration in Emerging Asia: Challenges and Prospects,” (with C. Park) Asian Economic Policy Review, 6(2), 2011.
  • “When Are Capital Control Effective: Evidence from Malaysia and Thailand,” (with M. S. Gochoco-Bautista and J. Juthathip), International Economic Journal, 25(4), 2011.
  • “Emerging Asia: Decoupling or Recoupling,” (with S. Kim and C. Park), The World Economy, vol. 34(1), 2011.
  • “Ties Binding Asia, Europe and the USA,” (with S. Kim and C. Park), China & World Economy, 19(1), 2011.
  • “Technological Change, Human Capital Structure, and Multiple Growth Paths,” (with Y. Kim), The Japanese Economic Review, 62(3), 2011.
  • “Developing Indicators for Regional Economic Integration and Cooperation,” with G. Capannelli and P. Petri, Singapore Economic Review 55(1), 2010.
  • “Exchange Rate Regimes and Economic Linkages,” with K. Shin, International Economic Journal, 24 (1), 2010.
  • “Crises in Asia: Historical Perspectives and Implications,” with K. Hong and H. Tang, Journal of Asian Economics, 21 (3), 2010.
  • “Closing Development Gaps: Challenges and Policy Options,” (with H. Brooks, Douglas, Hasan, Rana, H. Son, Hyun and Zhuang, Juzhong), Asian Development Review, 27(2), 2010.
  • “Economic Interdependence in Asia: Developing Indicators for Regional Economic Integration and Cooperation,” (with G. Capannelli and P. Petri), Singapore Economic Review 55(1), 2010.
  • “The Optimal Structure of Technology Adoption and Creation: Basic Research vs. Development in the Presence of Distance to Frontier,” with J. Ha and Y. Kim, Asian Economic Journal 23 (3), 2010.
  • “Global Financial Turmoil: Impact and Challenges for Asia’s Financial Systems,” with C. Park, Asian Economic Papers 8(1), 2009.
  • “Proliferating Regional Trade Arrangements: Why and Wither?” with I. Park and K. Shin, World Economy 31(12), 2008.
  • “IMF Bailouts and Moral Hazard,” with K. Shin, Journal of International Money and Finance 27(5), 2008.
  • “Currency Regime and Monetary Independence in the Post-Crisis East Asia: Application of Regime-Switching Model with Endogenous Explanatory Variable,” with C. Kim, Pacific Economic Review 13(2), 2008.
  • “Demographic Changes, Saving, and Current Account: An Analysis based on a Panel VAR Model,” with S. Kim, Japan and the World Economy 20(2), 2008.
  • “Crisis and Recovery: What We Have Learned from the Korean Experience?,” with C. Rhee, Asian Economic Policy Review 2(1), 2007.
  • “Integration and Growth in East Asia,” with S. Ahn, Monetary and Economic Studies 25(S1), 2007.
  • “Demographic Changes, Saving, and Current Account in East Asia,” with S. Kim, Asian Economic Papers 6(2), 2007.
  • “Investment by Korean Chaebols before and after the Crisis,” with K. Hong and Y. Lee, Japan and the World Economy 19(3), 2007.
  • Does Regionalism Lead to More Global Trade Integration in East Asia? with K. Shin,North American Journal of Economics and Finance 17(3), 2006.
  • “The Transpacific Trade Imbalances: Causes and Cures” with W. McKibbin and Y. C. Park, World Economy. 29, 2006, 281-203.
  • “A Model of Self-fulfilling Financial Crises,” with Y.J. Kim, Japanese Economic Review 57(1), 2006, 87-100.
  • “IMF Programs: Who Is Chosen and What Are the Effects,” with R.Barro, Journal of Monetary Economics 52, October 2005.
  • “Human Capital and Technology for Korea’s Sustained Growth,” Journal of Asian Economics 16, 2005, 663-687.
  • “Financial Reform and the Efficiency of Credit Allocation in Korea,” with Eduardo Borensztein, Journal of Policy Reform 8(1), March 2005.
  • “Free Trade Areas in East Asia: Discriminatory or Nondiscriminatory?” with I. Park, World Economy 28(1), January 2005.
  • Free Trade Areas in East Asia: Discriminatory and non-discriminatory, World Economy 1995
  • Growth and Adjustment in East Asia and Latin America Economia Vol.5, No.1
  • Globalization and Disease: The Case of SARS Asian Economic Papers, 3(1)
  • “지역무역협정의 경제적 효과와 동아시아 지역주의에의 시사점,” (공저), 한국경제의 분석 10(1), 2004.4
  • “원화 환율의 변동성 추이에 관한 연구,” (공저),계량경제연구15(1),2004.3
  • “A Dynamic Analysis of the Korea-Japan Free Trade Area,” (with W. McKibbin and I. Cheong), International Economic Journal 18(1),2004.3
  • “Education and Income Inequality: New Evidence from Cross-country Data,” (with J. De Gregorio, Review of Income and Wealth 48(3), 2002.
  • “Financial Crisis and Credit Crunch: Evidence form the Korean Firm Level Data,” (with E. Borensztein), Journal of Monetary Economics 14(2), 2002.
  • “Over-Investment, Collateral Lending and Economic Crisis,” (with Y.J. Kim), Japan and World Economy 14(2), April 2002.
  • “China’s Accession to the World Trade Organization: Implications for the Korean Economy,” (with J. Lee), Journal of Economic Integration, 16(4), December 2001.
  • “A Model of Variety Expansion and Sustainable Growth,” (with Se-Jik Kim and Yong-Jin Kim), Korean Economic Review, 17(2), Winter 2001.
  • “Macroeconomic Impacts of the Korean Financial Crisis: Comparison with the Cross-country Patterns,” (with C.Y. Rhee),World Economy,April 2002
  • “Education for Technology Readiness: Prospects for Developing Countries,”2(1), Journal of Human Development, 2001.
  • International Data on Educational Attainment: Updates and Implications,” (with Robert J. Barro), 53(3), Oxford Economic Papers, 2001.
  • Schooling Quality in a Cross-section of Countries,” (with Robert J. Barro), Economica 68, 2001.
  • Determinants and Prospects of Economic Growth in Asia,” (with Steve Radelet and Jeffrey D. Sachs), 15(3), International Economic Journal, 2001,
  • “The Determination of Corporate Debt in Korea,” (with Y. Lee and B. Lee), Asian Economic Journal, 14(4), December 2000.
  • “Monetary Policy and Credit Conditions: Evidence from Korea the Korean Firm Data,” Economic Papers, 2(2), December1999.
  • “How Does Foreign Direct Investment Affect Economic Growth?” (with Eduardo Borenstein and Jose De Gregorio), Journal of International Economics, 45, June 1998.
  • “Trade Barriers and Trade Flows across Countries and Industries, (with Phill Swagel), Review of Economics and Statistics, 79(3), 1997.
  • “Estimates of Human Capital Stock in Korea, 1963-1993,” (with S. Kim), Korea Social Science Journal, 23, 1997.
  • “Government Interventions and Productivity Growth,” Journal of Economic Growth, 1(3), September 1996, 391-414.
  • “International Measures of Schooling Years and Schooling Quality,” (with Robert Barro), American Economic Review, May 1996.
  • “Capital Goods Imports and Long-Run Growth,” Journal of Development Economics, 337, September 1995.
  • “Sources of Economic Growth,” (with Robert Barro), Carnegie Rochester Conference Series on Public Policy. 40, June 1994.
  • “Losers and Winners in Economic Growth,” (with Robert Barro), World Bank Economic Review, supplement. World Bank Annual Conference on Development Economics 1993, January 1994
  • “Structural Adjustment and International Linkages of the Korean Economy,” (with Jeffrey D. Sachs and Peter Boone), Seoul Journal of Economics 6, December 1993.
  • “International Comparisons of Educational Attainment,” (with Robert Barro), Journal of Monetary Economics, 32, December 1993.
  • “International Trade, Distortions and Long-Run Economic Growth,” IMF Staff Papers, June 1993.
  • 환율제도와 통화정책의 독립성,(공저)[경제분석],9.pp1-30.2003.6
  • 산업별 정보통신투자의 생산성 파급효과와 정보통화정책의 방향에 관한 연구,(공저), 연구보고서, (2002.12)
  • 동아시아의 금융 위기와 회복과정의 평가,『아세아연구』, 제45권, 2호, pp. 275-300. 2002.6
  • 금융위기의 경제적 비용 결정요인 분석,『경제분석』, 제8권, 4호, pp. 75-103. 2002.12
  • 동아시아 단일통화지역의 가능성과 금융협력의 방향 『한국경제의 분석』, 제 8권, 3호, pp. 119-178 2002.12
  • 한국기업집단의 투자의 비효율성분석 (공저), [금융학회지] 6, 2001.12.
  • 외환위기 전후의 거시경제변수의 조정과정: 국가간 자료를 이용한 분석 (공저), [경제학연구], 2001
  • 성장이론의 소개 (공저),[계량경제연구], (2000년.9).”
  • 한국 기업의 부채구조 특징: 재벌과 비재벌기업의 비교, (공저), [국제경제연구], (1999년).”
  • 한국 경제의 생산성 변화와 산업 정책의 역할,(공저), [한국 경제의 분석], (1999년))”
  • 통화정책과 은행대출경로,(공저), [경제분석], 한국은행, (1999. 1)
  • 정부저축과 저축율,(공저), [한국 경제의 분석], 3(2), (1997년 12월).
  • 한국의 인적자본추계,(공저), [국제경제연구], 1(2), (1995년 12월).
  • 인적자본과 경제성장, [계량경제학회지], 6, (1995년 12월)
  • 자본시장개방하의 우리나라 통화정책의 효과분석, [경제분석], 한국은행, (1995. 11)

Articles in Books

  • “East Asian Currency Union,”(with R. Barro), in Costs and Benefits of Economic Integration in Asia, edited by R. Barro and J.-W. Lee, Oxford University Press, January 2011.
  • “Patterns and Determinants of Cross-border Financial Asset Holdings in East Asia,” in Asian Regionalism in the World Economy, edited by M. Kawai, J.-W. Lee, and P. Petri, Edward Elgar, forthcoming in 2010.
  • Comment on T. Ito, “China as Number One: How about the Renminbi?”, Asian Economic Policy Review, Volume 5, Issue 2, 2010
  • Comment on A. Mason, R. Lee and S. Lee, “The Demographic Transition and Economic Growth in the Pacific Rim”, NBER Chapters, in The Economic Consequences of Demographic Change in East Asia, edited by T. Ito and A. Rose, National Bureau of Economic Research, 2010.
  • Comments on W. Dobson, “A Window of Opportunity Opens: Asian and American Views of the International Economic Architecture,” Asian Economic Policy Review, Volume 4, Number 2, 2009.
  • Comment on Joshua Aizenman, “Financial Crisis and the Paradox of Underregulation and Overregulation”, in Lessons from East Asia and the Global Financial Crisis, Annual World Bank Conference on Development Economics Proceedings 2009.
  • “Competition and Integration: Financial Centres and Financial Market Integration in Asia,” in Competition Among Financial Centres in Asia-Pacific: Prospects, Benefits, Risks, and Policy Challenges, edited by S. Young, D. Choi, J. Seade, and S. Shirai, Singapore: ISEAS Publishing, 2009.
  • Comment on I. J. Ahluwalia, “Rapid Economic Growth: Contributing Factors and Challenges Ahead”, Asian Economic Policy Review, Volume 3, Issue 2, 2008
  • “Domestic Investment and External Imbalances in East Asia,” (with W. McKibbin), in The International Monetary System, the IMF, and the G-20: A Great Transformation in the Making, edited by R. Samas, M.Uzan, and A. Lopez-Claros, New York: Palgrave Macmillian, 2007.
  • “Regional and Global Financial Integration in East Asia,” (with S. Kim and K. Shin), in China, Asia and the New World Economy, edited by B. Eichengreen, C. Wyploz, and Y.C. Park, Oxford University Press, 2007.
  • Comment on C. Wyplosz, “Deep Economic Integration: Is Europe a Blueprint?”, Asian Economic Policy Review, Japan Center for Economic Research, Volume 1, Issue 2, 2006.
  • Comment on B. Eichengreen and H. Tong, “How China is Reorganizing the World Economy”, Asian Economic Policy Review, Volume 1, Issue 1, 2006.
  • “Lessons from Korean Financial Crisis,” in The Korean Economy: Post-Crisis Policies, Issues and Prospects, edited by C. Harvie, H-H. Lee, and J. Oh, Edward Elgar, 2004.
  • “Recurrence of Financial Crises: Cross Country Patterns and Implications for the Korean Economy,” (with K. Hong and C. Rhee), in The Korean Economy Beyond the Crisis, edited by D. Chung and B. Eichengreen, Edward Elgar, 2004.
  • “Exchange Rate Regime and Monetary Independence in East Asia,” (with C. J. Kim), in Exchange Rate Regimes in East Asia, edited by G. De Brouwer and M. Kawai, Routledge, 2004.
  • “A Currency Union in East Asia,” (with Y. Park and K. Shin), in Monetary and Financial Integration in East Asia: The Way Ahead, Volume 2, edited by Asian Development Bank, Palgrave MacMillan, 2004.
  • “The Impact of SARS,” in China: New Engine for World Growth, edited by R. Garnaut and L. Song, Asia Pacific Press, 2003.
  • “Recovery and Sustainability in East Asia”, (with Y.C. Park), in Managing Currency Crises in Emerging Markets, edited by M. Dooley and J. Frankel, 2003.
  • Book Review of Adams, G. and W. James (eds.), Public Policies in East Asian Development: Facing New Challenges, Journal of Economic Literature, September 2000.
  • Book Review of Lim Y., Technology and Productivity: The Korean Way of Learning and Catching Up, Asian-Pacific Economic Literature, November 2000.
  • 신경제와 국가간 격차, 박인원 편, [정보통신기술의 발달과 New Economy], 한국통신 경영연구소, 2001,3.
  • 경제제도와 경제성장, 좌승희,이수희 편저, [제도와 경제발전],pp.179-215, (2000년).
  • 한국 제조업의 기술력과 무역경쟁력에관한 연구(공저), 연구보고서, (1998년)
  • 국민저축운동 방향과 추진조직의 발전방향,(공저), 연구보고서, (1996.12)
  • “Policy Reforms and the Prospects of Economic Growth in North Korea,” in R.Lau and C. Yoon eds. North Korea in Transition, Edward Elgar, 2001.
  • “Korea: Returning to Sustainable Growth”, (with Kiseok Hong), in W.T. Woo, J.D. Sachs, and K. Schwab eds.The Asian Financial Crisis: Lessons for A Resilient Asia, MIT Press, 2000.
  • “Korea,” in World Economic Forum, the Asia Competitiveness Report 1999, 1999.
  • “The Social Impacts of Asian Crisis,” (with Changyong Rhee), Background Papers for the Human Development Report 1999, UNDP Human Development Office, January 1999.
  • Comments on M. Itoh and S. Urata, “Upgrading Technological Capabilities of Small and Medium Size Enterprises: Public and Private Support in the Japanese and Korean Auto Parts Industries,” in The Institutional Foundations of East Asian Economic Developme edited by Y. Hayami and M. Aoki, MacMillan Press Ltd., 1998.
  • “Trade Barriers and Economic Growth: Theory and Evidence,” (with Phill Swagel), in Gupta D. and N. Choudhry (eds), Studies in Globalization and Development, Kluwer Academic Publishers, 1997.
  • “Economic Growth and Human Development in the Republic of Korea, 1945-1992,” Occasional Papers 24, United Nations Development Program, 1996.
  • “Human Development and Economic Growth: Theory and Evidence,” Background Papers for the Human Development Report 1996, United Nations Development Program.
  • Real Interest Rates in Korea (with Robert J. Barro), Korea Institute of Finance, 1994.

Working Paper

  • “Technological Change, Skill Demand, and Wage Inequality in Indonesia” (with D. Wie,), ADB Working paper, 2011
  • “Rebalancing Growth in the Republic of Korea,” (with J. Ha and L. Sumulong), ADBI Working Paper, No. 224, July 2010.
  • “Global Implications of Demographic Changes,” (with S. Kim), working paper, Korea University, August 2005.
  • “Quantity and Quality of Higher Education in Transitional Economics,” working paper, Korea University, July 2005.
  • “Transpacific Trade Imbalances : Causes and Cures,” (with W.Mckibbin and Y.C.Park), Working Paper, August 2004
  • “Human Capital and Productivity for Korea’s Sustained Economics Growth,” Working Paper, Korea University, August 2004
  • “Growth and Adjustment in East Asia and Latin America,” (with Jos? De Gregorio), Working Paper, Central Bank of Chile, August 2003.
  • “Free Trade Areas in East Asia: Discriminatory or Nondiscriminatory?” (with I. Park), working paper, Korea University, July 2003.
  • “Lessons from Korean Financial Crisis,” working paper, Korea University, July 2003
  • “Globalization and Disease: The Case of SARS,” (with W. McKibbin), working paper, Australian National University, June 2003.
  • “Exchange Rate Regime and Monetary Independence in East Asia,” (with C.J.Kim), working paper, KIEP, November 2002.
  • “IMF Programs: Who Is Chosen and What Are the Effects,” (with R.Barro), working paper, Harvard University, April 2002.
  • “A Currency Union in East Asia,” (with K. Shin and Y.C. Park), working paper March 2002.
  • “A Dynamic Analysis of the Korea-Japan Free Trade Area,” (with W. McKibbin and I. Cheong), working paper, KIEP, April 2002. “
  • Recovery and Sustainability in East Asia”, (with Y.C. Park), NBER Working Paper No. 8373. July 2001.
  • “Financial Crisis and Credit Crunch: Evidence from Korean Firm Data,” (with E. Borensztein), Working Paper WP/00/25, International Monetary Fund, February 2000. http://www.imf.org/external/pubs/ft/wp/2000/wp0025.pdf
  • “Technological Change, Investment in Human Capital, and Economic Growth,” (with Y.J. Kim), CID Working Paper No.29, Harvard University, November 1999. http://www.ksg.harvard.edu/cid/cidwp/029.htm
  • “The Determination of Corporate Debt in Korea,” (with Y. Lee and B. Lee), Development Discussion Paper No. 718 HIID, 1999. http://www.hiid.harvard.edu/pub/pdfs/718.pdf
  • “Education and Income Distribution: New Evidence from Cross-country Data,” (with J. De Gregorio), Development Discussion Paper No. 714, HIID, 1999. . http://www.hiid.harvard.edu/pub/pdfs/714.pdf
  • “Over-Investment, Collateral Lending and Economic Crisis,” (with Y.J. Kim), CID Working Paper No.4, Harvard University, March 1999. http://www.ksg.harvard.edu/cid/cidwp/004.htm
  • “Credit Allocation and Financial Crisis in Korea,” (with E. Borensztein), Working Paper WP/99/20, International Monetary Fund, February 1999. http://www.imf.org/external/pubs/ft/wp/1999/wp9920.pdf
  • “Social Impacts of the Asian Crisis: Policy Challenges and Lessons,” (with C. Rhee) Occasional Papers 33, 1998, UNDP. http://www.undp.org/hdro/oc33a.htm
  • “Economic Growth in Asia,” (with S. Radelet and J. D. Sachs), Development Discussion Paper No. 609, Harvard Institute for International Development, November 1997.http://www.hiid.harvard.edu/pub/other/ecgasia.pdf
  • “Schooling Quality in a Cross-section of Countries,” (with Robert J. Barro), NBER Working Paper 6198, September 1997. Revised. 1998. http://www.hiid.harvard.edu/pub/pdfs/659.pdf

Research Activities

  • 2013.8 – 현재 한국금융학회 부회장
  • 2005.9 – 2007.1 국제경제연구 편집위원장
  • 2006.8 – 현재 Editorial Board, Japan and the World Economy
  • 2006.1- 현재 Editorial Board, Review of International Organization
  • 2006.1- 현재 Associate Editor, Asian Economic Policy Review
  • 2003. 7 – 2006.12
  • 2002.9 – 현재 Advisory Board, Journal of Economic Integration
  • 2002.3 – 2003.2 한국경제학회 청람상 심사위원
  • 2002.3- 2003.2 한국계량경제학회 평의원
  • 2002.3-2006.12
  • 2001.7-2004.2 한국금융학회 이사
  • 2001.3-2003.12 Board of Editors, The Korean Economic Review
  • 2000. 1 – Co-editor, The Journal of Korean Economy
  • 2000. 1 – Advisory Board, The Journal of Human Development
  • 1997.12 – 1998.12 한국국제경제학회 사무국장
  • 1996. 1 – 1997.12 한국국제경제학회 감사
  • 1996. 1 – 1997.12 한국국제경제학회 평회원
  • 1993. 3 – 1996.2 한국경제학회 경제학연구 발간위원
  • 논문 심사위원 (Referee)
  • American Economic Review, Quarterly Journal of Economics, Journal of Political Economy, Econometrica,Economic Journal, Journal of Monetary Economics, Journal of Development Economics, Journal of Economic Growth, Scandinavian Journal of Economics,

Honors

  • 1987. 7 – 1992. 6: Fulbright Award (해외유학장학생)
  • 1994. 1 – 1994. 12: Rockerfeller Grant
  • 1995.12 – 1997. 1: World Bank Grant
  • 1994.6-1997.6: National Science Foundation Grant
  • 1996.12: 중한청년학술상
  • 1997.2: 한국경제학회 청람상
  • 1997.4: 매경Economist상
  • 2002.6: Listed as top 1000 of economists based on citations
  • 2003.6: Listed in Who’s Who in Economics, 4th ed. By M. Blaug and H. Vane, Edward Elgar, 2003
  • 1993-2005: Korea Research Foundation Grant
  • 2003, 2004, 2005: 석탑강의상
  • 2006: Bradley Fellowship
  • 2007: 학술진흥재단 우수연구자
  • 2009: Listed in Marquis Who’s Who in the World 2010