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Details about Yongsung Chang

E-mail:
Homepage:http://sites.google.com/site/yongsungchang/
Workplace:Division of Economics, Seoul National University, (more information at EDIRC)

Access statistics for papers by Yongsung Chang.

Last updated 2018-09-11. Update your information in the RePEc Author Service.

Short-id: pch20


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Working Papers

2018

  1. Income Volatility and Portfolio Choices
    2018 Meeting Papers, Society for Economic Dynamics Downloads
  2. Individual and Aggregate Labor Supply in Heterogeneous Agent Economies with Intensive and Extensive Margins
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads
  3. Labor-Market Wedge under Engel Curve Utility: Cyclical Substitution between Necessities and Luxuries
    Working Paper, Federal Reserve Bank of Richmond Downloads
    Also in Working papers, Yonsei University, Yonsei Economics Research Institute (2018) Downloads

2017

  1. Optimal Taxation with Private Insurance
    Working papers, Yonsei University, Yonsei Economics Research Institute Downloads View citations (1)
    Also in 2017 Meeting Papers, Society for Economic Dynamics (2017) Downloads
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2017) Downloads View citations (1)

2016

  1. Ex-ante Heterogeneity and Equilibrium Redistribution(Preliminary)
    Working papers, Yonsei University, Yonsei Economics Research Institute Downloads
  2. How Sticky Wages In Existing Jobs Can Affect Hiring
    Working papers, Yonsei University, Yonsei Economics Research Institute Downloads View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2014) Downloads View citations (7)
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2014) Downloads View citations (7)
    2013 Meeting Papers, Society for Economic Dynamics (2013) Downloads
  3. Pareto Weights in Practice: A Quantitative Analysis Across 32 OECD Countries
    Working papers, Yonsei University, Yonsei Economics Research Institute Downloads View citations (3)

2015

  1. Pareto Weights in Practice: Income Inequality and Tax Reform
    2015 Meeting Papers, Society for Economic Dynamics Downloads View citations (2)
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2015) Downloads View citations (2)

2014

  1. Individual and Aggregate Labor Supply in a Heterogeneous Agent Economy with Intensive and Extensive Margins
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) Downloads View citations (12)
  2. Labor-Market Uncertainty and Portfolio Choice Puzzles
    Working Paper, Federal Reserve Bank of Richmond Downloads
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2014) Downloads

    See also Journal Article in American Economic Journal: Macroeconomics (2018)

2013

  1. Life Cycle Uncertainty and Portfolio Choice Puzzles
    2013 Meeting Papers, Society for Economic Dynamics Downloads

2012

  1. Accounting for Global Dispersion of Current Accounts
    Working papers, Yonsei University, Yonsei Economics Research Institute Downloads
    Also in IMF Working Papers, International Monetary Fund (2009) Downloads View citations (9)
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2009) Downloads View citations (9)

    See also Journal Article in Review of Economic Dynamics (2013)
  2. Hours and Employment in the Cross-Section and Over the Cycle
    2012 Meeting Papers, Society for Economic Dynamics Downloads View citations (1)
  3. Labor-Market Heterogeneity, Aggregation, and the Policy-(In)variance of DSGE Model Parameters
    Working papers, Yonsei University, Yonsei Economics Research Institute Downloads
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2011) Downloads View citations (2)

2011

  1. Asymmetric Phase Shifts in U.S. Industrial Production Cycles
    2011 Meeting Papers, Society for Economic Dynamics Downloads View citations (3)
    See also Journal Article in The Review of Economics and Statistics (2015)
  2. Asymmetric Phase Shifts in the U.S. Industrial Production Cycles
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) Downloads View citations (7)
  3. Interpreting Labor Supply Regressions in a Model of Full and Part-Time Work
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) Downloads View citations (7)
    See also Journal Article in American Economic Review (2011)
  4. Transition Dynamics in the Neoclassical Growth Model: The Case of South Korea
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) Downloads View citations (1)
    Also in Working Paper, Federal Reserve Bank of Richmond (2011) Downloads View citations (1)

    See also Journal Article in The B.E. Journal of Macroeconomics (2015)

2010

  1. Financial Frictions, Aggregation, and the Lucas Critique
    2010 Meeting Papers, Society for Economic Dynamics Downloads
  2. Labor-Market Heterogeneity, Aggregation, and the Lucas Critique
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) Downloads View citations (1)
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2010) Downloads View citations (5)
  3. The Price of Egalitarianism
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) Downloads
    See also Journal Article in The B.E. Journal of Macroeconomics (2012)

2009

  1. Comparative Advantage and Aggregate Unemployment
    2009 Meeting Papers, Society for Economic Dynamics Downloads
  2. Comparative Advantage and Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (3)
    Also in RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2009) Downloads View citations (4)

    See also Journal Article in Journal of Monetary Economics (2012)
  3. Heterogeneity and Cyclical Unemployment
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (2)
    Also in Discussion Paper Series, Institute of Economic Research, Korea University (2008) Downloads View citations (3)
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) (2008) Downloads View citations (2)

2008

  1. Can a Representative-Agent Model Represent a Heterogeneous-Agent Economy?
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) Downloads
    Also in Discussion Paper Series, Institute of Economic Research, Korea University (2007) Downloads View citations (2)
    Microeconomics Working Papers, East Asian Bureau of Economic Research (2008) Downloads

    See also Journal Article in American Economic Journal: Macroeconomics (2009)
  2. Comparative Advantage in Cyclical Unemployment
    RCER Working Papers, University of Rochester - Center for Economic Research (RCER) Downloads
    Also in Discussion Paper Series, Institute of Economic Research, Korea University (2007) Downloads View citations (10)
    2007 Meeting Papers, Society for Economic Dynamics (2007) Downloads View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2007) Downloads View citations (8)

2006

  1. Home production
    Working Paper, Federal Reserve Bank of Richmond Downloads View citations (5)
  2. Non-stationary hours in a DSGE model
    Working Papers, Federal Reserve Bank of Philadelphia Downloads View citations (13)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2005) Downloads View citations (4)

    See also Journal Article in Journal of Money, Credit and Banking (2007)
  3. Understanding how employment responds to productivity shocks in a model with inventories
    Working Paper, Federal Reserve Bank of Richmond Downloads View citations (6)

2005

  1. Do technological improvements in the manufacturing sector raise or lower employment?
    Working Papers, Federal Reserve Bank of Philadelphia Downloads View citations (3)
    Also in Working Paper, Federal Reserve Bank of Richmond (2005) Downloads View citations (7)

    See also Journal Article in American Economic Review (2006)

2004

  1. Heterogeneity and Aggregation in the Labor Market: Implications for Aggregate Preference Shifts
    Macroeconomics, University Library of Munich, Germany Downloads
    Also in Working Paper, Federal Reserve Bank of Richmond (2004) Downloads View citations (3)
  2. Productivity, Employment, and Inventories: Smoothing Over Sticky Prices
    2004 Meeting Papers, Society for Economic Dynamics
  3. Productivity, employment, and inventories
    Working Paper, Federal Reserve Bank of Richmond View citations (3)

2003

  1. From Individual to Aggregate Labor Supply: A Quantitative Analysis Based on a Heterogeneous Agent Macroeconomy
    Macroeconomics, University Library of Munich, Germany Downloads View citations (6)
    Also in Working Paper, Federal Reserve Bank of Richmond (2003) Downloads View citations (36)

    See also Journal Article in International Economic Review (2006)
  2. Labor shifts and economic fluctuations
    Working Paper, Federal Reserve Bank of Richmond Downloads View citations (8)
  3. On the Employment Effect of Technology: Evidence from US Manufacturing for 1958-1996
    Macroeconomics, University Library of Munich, Germany Downloads
    Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2003) Downloads View citations (1)
    Working Paper, Federal Reserve Bank of Richmond (2003) Downloads View citations (2)

2002

  1. Cyclical Movements in Hours and Effort under Sticky Wages
    Macroeconomics, University Library of Munich, Germany Downloads View citations (1)
  2. Labor-Supply Shifts and Economic Fluctuations
    Macroeconomics, University Library of Munich, Germany Downloads
    See also Journal Article in Journal of Monetary Economics (2003)
  3. Learning by Doing as a Propagation Mechanism
    CEPR Discussion Papers, C.E.P.R. Discussion Papers Downloads View citations (86)
    Also in Macroeconomics, University Library of Munich, Germany (2002) Downloads View citations (79)

    See also Journal Article in American Economic Review (2002)
  4. Trends in Unemployment Rates in Korea: A Search-Matching Model Interpretation
    Labor and Demography, University Library of Munich, Germany Downloads
    See also Journal Article in Journal of the Japanese and International Economies (2004)
  5. Welfare Costs of Sticky Wages When Effort Can Respond
    Macroeconomics, University Library of Munich, Germany Downloads View citations (2)
    See also Journal Article in Journal of Monetary Economics (2003)

2000

  1. Decomposition of Hours Based on Extensive and Intensive Margins of Labor
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society Downloads View citations (1)
    See also Journal Article in Economics Letters (2001)
  2. Persistence
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society Downloads View citations (3)

1999

  1. Understanding How Price Responds to Costs and Production
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (1)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (2000)
  2. Wages and the Allocation of Hours and Effort
    NBER Working Papers, National Bureau of Economic Research, Inc Downloads View citations (5)

Journal Articles

2018

  1. Labor Market Uncertainty and Portfolio Choice Puzzles
    American Economic Journal: Macroeconomics, 2018, 10, (2), 222-62 Downloads
    See also Working Paper (2014)
  2. Pareto Weights in Practice: A Quantitative Analysis of 32 OECD Countries
    Review of Economic Dynamics, 2018, 28, 181-204 Downloads
    See also Software Item (2017)

2016

  1. On the Aggregate Labor Supply: A Progress Report
    Global Economic Review, 2016, 45, (3), 275-293 Downloads
  2. The impacts of Dual Labour Markets on Unemployment and Productivity (in Korean)
    Economic Analysis (Quarterly), 2016, 22, (1), 1-34 Downloads

2015

  1. Asymmetric Phase Shifts in U.S. Industrial Production Cycles
    The Review of Economics and Statistics, 2015, 97, (1), 116-133 Downloads
    See also Working Paper (2011)
  2. Optimal Income Tax Rates for the Korean Economy
    KDI Journal of Economic Policy, 2015, 37, (3), 1-30 Downloads
  3. Transition dynamics in the neoclassical growth model: the case of South Korea
    The B.E. Journal of Macroeconomics, 2015, 15, (2), 649-676 Downloads View citations (2)
    See also Working Paper (2011)

2014

  1. Heterogeneity and Aggregation: Implications for Labor-Market Fluctuations: Reply
    American Economic Review, 2014, 104, (4), 1461-66 Downloads View citations (2)

2013

  1. Accounting for Global Dispersion of Current Accounts
    Review of Economic Dynamics, 2013, 16, (3), 477-496 Downloads View citations (5)
    See also Software Item (2012)
    Working Paper (2012)
  2. LABOR-MARKET HETEROGENEITY, AGGREGATION, AND POLICY (IN)VARIANCE OF DSGE MODEL PARAMETERS
    Journal of the European Economic Association, 2013, 11, 193-220 Downloads View citations (14)

2012

  1. Comparative advantage and unemployment
    Journal of Monetary Economics, 2012, 59, (2), 150-165 Downloads View citations (16)
    See also Working Paper (2009)
  2. The Price of Egalitarianism
    The B.E. Journal of Macroeconomics, 2012, 11, (1), 1-24 Downloads View citations (1)
    See also Working Paper (2010)

2011

  1. Interpreting Labor Supply Regressions in a Model of Full- and Part-Time Work
    American Economic Review, 2011, 101, (3), 476-81 Downloads View citations (9)
    See also Working Paper (2011)
  2. Worker Heterogeneity and Endogenous Separations in a Matching Model of Unemployment Fluctuations
    American Economic Journal: Macroeconomics, 2011, 3, (1), 128-54 Downloads View citations (27)

2009

  1. Can a Representative-Agent Model Represent a Heterogeneous-Agent Economy
    American Economic Journal: Macroeconomics, 2009, 1, (2), 29-54 Downloads View citations (6)
    See also Working Paper (2008)
  2. On the employment effects of productivity shocks: The role of inventories, demand elasticity, and sticky prices
    Journal of Monetary Economics, 2009, 56, (3), 328-343 Downloads View citations (19)

2007

  1. Heterogeneity and Aggregation: Implications for Labor-Market Fluctuations
    American Economic Review, 2007, 97, (5), 1939-1956 Downloads View citations (65)
  2. Non-stationary Hours in a DSGE Model
    Journal of Money, Credit and Banking, 2007, 39, (6), 1357-1373 Downloads View citations (60)
    See also Working Paper (2006)

2006

  1. Do Technological Improvements in the Manufacturing Sector Raise or Lower Employment?
    American Economic Review, 2006, 96, (1), 352-368 Downloads View citations (51)
    See also Working Paper (2005)
  2. FROM INDIVIDUAL TO AGGREGATE LABOR SUPPLY: A QUANTITATIVE ANALYSIS BASED ON A HETEROGENEOUS AGENT MACROECONOMY *
    International Economic Review, 2006, 47, (1), 1-27 Downloads View citations (136)
    See also Working Paper (2003)

2005

  1. On the aggregate labor supply
    Economic Quarterly, 2005, (Win), 21-37 Downloads View citations (9)

2004

  1. Trends in unemployment rates in Korea: A search-matching model interpretation
    Journal of the Japanese and International Economies, 2004, 18, (2), 241-263 Downloads View citations (5)
    See also Working Paper (2002)

2003

  1. Labor-supply shifts and economic fluctuations
    Journal of Monetary Economics, 2003, 50, (8), 1751-1768 Downloads View citations (67)
    See also Working Paper (2002)
  2. Welfare costs of sticky wages when effort can respond
    Journal of Monetary Economics, 2003, 50, (2), 311-330 Downloads View citations (5)
    See also Working Paper (2002)

2002

  1. Learning-by-Doing as a Propagation Mechanism
    American Economic Review, 2002, 92, (5), 1498-1520 Downloads View citations (88)
    See also Working Paper (2002)

2001

  1. Cyclical Movements in Hours and Effort Under Sticky Wages-super-*
    International Economic Journal, 2001, 15, (2), 1-26 Downloads View citations (2)
  2. Decomposition of hours based on extensive and intensive margins of labor
    Economics Letters, 2001, 72, (3), 361-367 Downloads View citations (3)
    See also Working Paper (2000)

2000

  1. Comovement, excess volatility, and home production
    Journal of Monetary Economics, 2000, 46, (2), 385-396 Downloads View citations (23)
  2. Understanding how price responds to costs and production
    Carnegie-Rochester Conference Series on Public Policy, 2000, 52, (1), 33-77 Downloads View citations (22)
    See also Working Paper (1999)
  3. Wages, business cycles, and comparative advantage
    Journal of Monetary Economics, 2000, 46, (1), 143-171 Downloads View citations (16)

Software Items

2017

  1. Code and data files for "Pareto Weights in Practice: A Quantitative Analysis of 32 OECD Countries"
    Computer Codes, Review of Economic Dynamics Downloads
    See also Journal Article in Review of Economic Dynamics (2018)

2012

  1. Code and data files for "Accounting for Global Dispersion of Current Accounts"
    Computer Codes, Review of Economic Dynamics Downloads
    See also Journal Article in Review of Economic Dynamics (2013)
 
Page updated 2019-03-19