Discussion Paper Series

From Institute of Economic Research, Korea University
Contact information at EDIRC.
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1501: On Budget Balance of the Dynamic Pivot Mechanism

Kiho Yoon

1406: Competition, Corruption and Institutional Design

Seung Han Yoo

1405: Stock Market Predictability: Global Evidence and an Explanation

Cheolbeom Park and Dong-hun Shin

1404: Can Monetary Policy Cause the Uncovered Interest Parity Puzzle?

Cheolbeom Park and Sookyung Park

1403: Composition of Portfolio and Cost of Inflation

Manjong Lee and Sung Guan Yun

1402: Optimal Allocation of Social Cost for Electronic Payment System: A Ramsey Approach

Pidong Huang, Young Sik Kim and Manjong Lee

1401: Learning a Population Distribution

Seung Han Yoo

1309: A Theory of Group Inequality

Seung Han Yoo

1308: Constrained or Unconstrained Price for Debit Card Payment?

Manjong Lee

1307: Inflation, Credit, and Indexed Unit of Account

Hyung Sun Choi, Ohik Kwon and Manjong Lee

1306: Bayesian Inference in Regime-Switching ARMA Models with Absorbing States: The Dynamics of the Ex-Ante Real Interest Rate Under Structural Breaks

Chang-Jin Kim and Jaeho Kim

1305: Trend Inflation and the Nature of Structural Breaks in the New Keynesian Phillips Curve

Chang-Jin Kim, Pym Manopimoke and Charles Nelson

1304: Auctions with imperfect commitment when the reserve may serve as a signal

Byoung Jun and Elmar Wolfstetter

1303: Security bid auctions for agency contracts

Byoung Jun and Elmar Wolfstetter

1302: Exchange Rate Predictability and a Monetary Model with Time-varying Cointegration Coefficients

Cheolbeom Park and Sookyung Park

1301: Unobserved Investment, Signaling, and Welfare

Gea M. Lee and Seung Han Yoo

1210: Regional convergence and divergence of the old-age dependency ratio in Korea

Yitaek Park, Junghun Seung and Kyeongrok Lee

1209: Regional population structure and changes in South Korea, 1992-2010

Hyoungjong Kim, Yitaek Park and Hunchang Lee

1208: On asymmetry in all-pay auctions

Kiho Yoon

1207: The optimal allocation of prizes in contests: An auction approach

Kiho Yoon

1206: Recognizability and Liquidity of Assets

Young Sik Kim and Manjong Lee

1205: Disappearing Dividends: Implications for the Dividend-Price Ratio and Return Predictability

Chang-Jin Kim and Cheolbeom Park

1204: The Mortality of Newborns and Nurse Staffing Levels

Beomsoo Kim and Minjee Kim

1203: Improving the Health Coverage of the Rural Poor:Does Contracting Out Medical Mobile Teams Work?

Julian Cristia, William Evans and Beomsoo Kim

1202: Money Transfer and Birth Weight: A Causal Link from Alaska

Wankyo Chung and Beomsoo Kim

1201: Does Air Pollution Matter for Low Birth Weight?

Seonyeong Cho, Choongki Lee and Beomsoo Kim

1105: Ideology and Voting in Korean Elections: 2006-2010

Woojin Lee and Wonseok Lee

1104: Unit of Account, Medium of Exchange, and Prices

Young Sik Kim and Manjong Lee

1103: Intermediary Cost and Coexistence Puzzle

Young Sik Kim and Manjong Lee

1102: The Evolution of the Monetary Policy Regimes in the U.S

Jinho Bae, Chang-Jin Kim and Dong Heon Kim

1101: Competitive mixed bundling of vertically differentiated products

Illtae Ahn and Kiho Yoon

1014: Father and Son: How unequal opportunities are in Korea?

Jayee Ko and Woojin Lee

1013: Are Korean Voters Faithful to Their Ideologies in Voting?:The Case of the 2010 Local Election

Woojin Lee

1012: Can Unions Grow in Undemocratic Political and Social Environments? The Korean Case from a Comparative Perspective

Jooyeon Jeong

1011: The Estimation of Meta-Frontiers by Constrained Maximum Likelihood

Alexandre Repkine

1010: Licensing a common value innovation when signaling strength may backfire

Cuihong Fan, Byoung Jun and Elmar Wolfstetter

1009: FTA and Economic Growth: A Nonparametric Approach

Jung Hur and Cheolbeom Park

1008: Borrowing Constraints, the Marginal Propensity to Consume, and the Effectiveness of Fiscal Policy

Thomas Bishop and Cheolbeom Park

1007: What is an oil shock? Panel data evidence

Dong Heon Kim

1006: The Influence of University Research on Industrial Innovation

Jinyoung Kim, Sangjoon John Lee and Gerald Marschke

1005: Patent Portfolio Management of Sequential Innovations

Jinyoung Kim

1004: Inventor Mobility and Knowledge Transmission in Nanotechnology

Jinyoung Kim, Sangjoon John Lee and Gerald Marschke

1003: Impact of University Scientists on Innovations in Nanotechnology

Jinyoung Kim, Sangjoon John Lee and Gerald Marschke

1002: Diversification in Children

Jinyoung Kim

1001: Inheritances, Health and Death

Beomsoo Kim and Christopher Ruhm

0918: The Loan Contract with Costly State Verification and Subjective Beliefs

Carsten Nielsen

0917: LAD Asymptotics under Conditional Heteroskedasticity with Possibly Infinite Error Densities

Jin Seo Cho, Chirok Han and Peter Phillips

0916: Rational Overconfidence and Social Security

Carsten Nielsen

0915: Testing for a Constant Mean Function using Functional Regression

Jin Seo Cho, Meng Huang and Halbert White

0914: Infinite Density at the Median and the Typical Shape of Stock Return Distributions

Chirok Han, Jin Seo Cho and Peter Phillips