Working papers

From Yonsei University, Yonsei Economics Research Institute
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2019rwp-153: Parametric Inference on the Mean of Functional Data Applied to Lifetime Income Curves

Jin Seo Cho, Peter Phillips and Juwon Seo

2019rwp-152: Testing for the Sandwich-Form Covariance Matrix Applied to Quasi-Maximum Likelihood Estimation Using Economic and Energy Price Growth Rates

Lijuan Huo and Jin Seo Cho

2019rwp-151: Comprehensive Testing of Linearity against the Smooth Transition Autoregressive Model

Dakyung Seong, Jin Seo Cho and Timo Teräsvirta

2019rwp-150: Measuring the energy poverty and the severity in Korea

Ha-Hyun Jo, Hyung-Woo Lim and Hae-Dong Kim

2019rwp-149: Improvement of energy poverty indicators by capturing the multifaceted nature

Ha-Hyun Jo and Hae-Dong Kim

2019rwp-148: The policy issues for improvement of the Korean energy policies and implications of foreign energy poverty indicators

Ha-Hyun Jo and Hae-Dong Kim

2019rwp-147: Can Partisan News Shift Political Preference and Voting Behavior? An Experimental Evidence from Taiwan's General Elections 2016

Chun-Fang Chiang, Semin Kim, SunTak Kim, Chien-Hsun Lin and Ming-Jen Lin

2019rwp-146: Decision Making and Games with Vector Outcomes

Jaeok Park

2019rwp-145: International Bank Lending Channel of Monetary Policy

Silvia Albrizio, Sangyup Choi, Davide Furceri and Chansik Yoon

2019rwp-144: Policy Uncertainty and FDI Flows: The Role of Institutional Quality and Financial Development

Sangyup Choi, Davide Furceri and Chansik Yoon

2019rwp-143: Inflation Anchoring, Real Borrowing Costs, and Growth: Evidence from Sectoral Data

Sangyup Choi, Davide Furceri and Prakash Loungani

2019rwp-142: Uncertainty, Financial Markets, and Monetary Policy over the Last Century

Sangyup Choi and Chansik Yoon

2019rwp-141: Preemptive Entry in Sequential Auctions with Participation Cost

Jeongwoo Lee and Jaeok Park

2019rwp-140: Changes in the Effects of Bank Lending Shocks and the Development of Public Debt Markets

Sangyup Choi

2018rwp-139: Stable Constitutions

Daeyoung Jeong and Semin Kim

2018rwp-138: Unanimity and Local Incentive Compatibility

Miho Hong and Semin Kim

2018rwp-137: Strict Liability, Settlement, and Moral Concern

Chulyoung Kim, S. David Kim and Sangyoon Nam

2018rwp-136: Court-Appointed Experts and Accuracy in Adversarial Litigation

Chulyoung Kim and Paul S. Koh

2018rwp-135: Minimum Asset and Liability Insurance Requirements on Judgment-Proof Individuals When Harm is Endogenous

Chulyoung Kim and Paul S. Koh

2018rwp-134: Social Image or Social Norm?: Re-examining the Audience Effect in Dictator Game Experiments

Chulyoung Kim and Sang-Hyun Kim

2018rwp-133: Pre-planning and the Continuation of Dishonest Behavior: An Experiment

Subhasish Chowdhury, Chulyoung Kim and Sang-Hyun Kim

2018rwp-132: Deciphering Monetary Policy Committee Minutes with Text Mining Approach: A Case of South Korea

Youngjoon Lee, Soohyon Kim and Ki Young Park

2018rwp-131: Can Investors Profit from Security Analyst Recommendations?

Sung Jun Park and Ki Young Park

2018rwp-130: New Evidence on Procyclical Bank Capital Regulation: The Role of Bank Loan Commitments

Ki Young Park

2018rwp-129: An Econometric Identification of Abnormally Low Bids in Procurement Market: Discriminant Analysis

Jinook Jeong and Hyunwoo Lee

2018rwp-128: Labor-Market Wedge under Engel Curve Utility: Cyclical Substitution between Necessities and Luxuries

Yongsung Chang, Andreas Hornstein and Marios Karabarbounis

2018rwp-127: Labor Market Dynamics in Developing Economies: the Role of Subsistence Consumption

Sangyup Choi and Myungkyu Shim

2018rwp-126: Bank Lending Standards, Loan Demand, and the Macroeconomy: Evidence from the Emerging Market Bank Loan Officer Survey

Sangyup Choi

2018rwp-125: Uncertainty and Cross-Border Banking Flows

Sangyup Choi and Davide Furceri

2018rwp-124: An IV framework for combining sign and long-run parametric restrictions in SVARs

Lance A. Fisher and Hyeon-seung Huh

2018rwp-123: Testing for the Conditional Geometric Mixture Distribution

Jin Seo Cho, Jin Seok Park and Sang Woo Park

2018rwp-122: Combining sign and parametric restrictions in SVARs by Givens Rotations

Lance A. Fisher and Hyeon-seung Huh

2018rwp-121: Human Capital, Positional Good, or Social Network?: Exploring a Korean Model of Education

Jongick Jang, Hoon Hong, Chung Sik Yoo and Jonghyun Park

2018rwp-120: Hayek in the context of South Korea

Hoon Hong

2018rwp-119: Towards a Critique of Neoclassical Economics: how to Neutralize and Radicalize our Understanding of the Postulate of Independence of Agents and Goods

Hoon Hong

2018rwp-118: Input price discrimination with differentiated final products

Jong-Hee Hahn and Chan KIm

2018rwp-117: The Welfare Effect of Input Price Discrimination with Horizontally Differentiated Final Products

Chan KIm and Jong-Hee Hahn

2018rwp-116: Financial vs. Policy Uncertainty in Emerging Market Economies

Sangyup Choi and Myungkyu Shim

2017rwp-115: Radius Restriction and Firms' Survival: Evidence from the Coffee Franchise Industry

Yun Jeong Choi, Jee Young Kim and Min Hee You

2017rwp-114: On the Profitability of Interfirm Bundling in Oligopolies

Sang-Hyun Kim and Jong-Hee Hahn

2017rwp-113: The Impact of US Financial Uncertainty Shocks on Emerging Market Economies: An International Credit Channel

Sangyup Choi

2017rwp-112: The Effects of Data Transparency Policy Reforms on Emerging Market Sovereign Bond Spreads

Sangyup Choi and Yuko Hashimoto

2017rwp-111: Oil Prices and Inflation Dynamics: Evidence from Advanced and Developing Economies

Sangyup Choi, Davide Furceri, Prakash Loungani, Saurabh Mishra and Marcos Poplawski-Ribeiro

2017rwp-110: Fiscal Stabilization and Growth: Evidence from Industry-level Data for Advanced and Developing Economies

Sangyup Choi, Davide Furceri and Joao Jalles

2017rwp-109: Aggregate Uncertainty and Sectoral Productivity Growth: The Role of Credit Constraints

Sangyup Choi, Davide Furceri, Yi Huang and Prakash Loungani

2017rwp-108: Interim Self-Stable Decision Rules

Daeyoung Jeong and Semin Kim

2017rwp-107: Vertical Foreclosure with Product Choice and Allocation: Evidence from the Movie Industry

Jaedo Choi, Yun Jeong Choi and Minki Kim

2017rwp-106: On the Efficiency of Racetrack Betting Market: A New Test for the Favorite-Longshot Bias

Jinook Jeong, Jee Young Kim and Yoon Jae Ro

2017rwp-105: Optimal Taxation with Private Insurance

Yongsung Chang and Yena Park

2017rwp-104: Statistical Estimation of the Casual Effect of Scoial Economy on Subjective Well-Being

Tae-Hwan Kim, Hoon Hong, Jonghyun Park, Chung Sik Yoo and Jongick Jang