University of Rochester
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Economics Department Faculty

Yongsung Chang


Associate Professor of Economics
Office: Harkness 219
Phone: (585) 275-1871
Email: ychang14 at mail.rochester.edu

Homepage: http://troi.cc.rochester.edu/~ychang14/

Ph.D. University of Rochester, 1997.

Research Interests: Macroeconomics, Economic Fluctuations and Growth, Labor Market Dynamics.

Selected Papers and Publications:

  • "Heterogeneity and Aggregation: Implications for Labor Market Fluctuations," (joint with Sun-Bin Kim), American Economic Review, forthcoming.
  • "Non-stationary Hours in a DSGE Model (with Taeyoung Doh and Frank Schorfheide), Journal of Money, Credit, and Banking, 39 (6), 1357-1373, 2007.
  • "Do Technological Improvements in Manufacturing Raise or Lower Employment?" (with Jay H. Hong), American Economic Review, 96 (1), 352-368, 2006.
  • "From Individual to Aggregate Labor Supply: A Quantitative Analysis based on a Heterogeneous-Agent Macroeconomy," (with Sun-Bin Kim), International Economic Review, 47 (1), 1-27, 2006 (lead article).
  • "Understanding Trends in Unemployment Rates in Korea," (with Jaeryang Nam and Changyong Rhee), Journal of the Japanese and International Economies, 18 (2) 241-163, 2004.
  • "Labor-Supply Shifts and Economic Fluctuations" (with Frank Schorfheide), Journal of Monetary Economics, 50 (8) 1751-1768, 2003.
  • "Welfare Cost of Sticky Wages When Effort Can Respond" (with Mark Bils), Journal of Monetary Economics, 50 (2) 310-330, 2003.
  • "Learning-by-doing as a Propagation Mechanism" (with Joao Gomes and Frank Schorfheide), American Economic Review, 92 (5) 1498-1520, 2002.
  • "Understanding How Price Responds to Costs and Production" (with Mark Bils), Carnegie-Rochester Conference Series on Public Policy, 52, 33-78, June 2000.
  • "Comovement, Excess Volatility and Home Production," Journal of Monetary Economics, 46 (2) 385-396, 2000.
  • "Wages, Business Cycles, and Comparative Advantage," Journal of Monetary Economics, 46 (1) 143-172, 2000.
  • "Home Production" (with Andreas Hornstein), New Palgrave Dictionary of Economics 2nd edition, New York, McMillan, forthcoming.


[ Vita ]

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Department of Economics, Harkness Hall, University of Rochester,
Rochester, NY 14627, USA. (585) 275-5252
Rev. 08/31/07; mk