Employment:

• Assistant Professor in Economics, University of Rochester, July 2006 - present

Education:

• Ph.D. in Economics, University of Pennsylvania, 2006
• Graduate School in Economics, Seoul National University, Seoul, Korea, 1997
• B.A. in Economics, summa cum laude, Seoul National University, Seoul, Korea, 1997

Publications:

1. “Life Insurance and Household Consumption,” (with José-Víctor Ríos-Rull) , Accepted for Publication American Economic Review.
2. “Social Security, Life Insurance and Annuities for Families,” (with José-Víctor Ríos-Rull), Journal of Monetary Economics, (Carnegie-Rochester Conference Series), 54(1), 2007.
3. “Do Technological Improvements in the Manufacturing Sector Raise or Lower Employment?,” (with Yongsung Chang), American Economic Review, 96(1), 2006.

Working Papers:

1. “Constrained Efficiency in the Neoclassical Growth Model with Uninsurable Idiosyncratic Shocks,” (with Julio Dávila, Per Krusell, & José-Víctor Ríos-Rull) , Revised and Resubmitted to Economietrica.
2. “Life Insurance and the Value of Spouses: Labor Supply vs. Household Production,”.
3. “Wage Volatility and Changing Patterns of Labor Supply,” (with Byoung Hoon Seok & Hye Mi You).
4. “Life Cycle Uncertainty and Portfolio Choice Puzzles,” (with Yongsung Chang & Marios Karabarbounis).

Research in Progress:

• “Labor Supply, Endogenous Wage Dynamics and Tax policy,” (with Árpád Ábrahám & Ricardo M. Santos).
• “On the Time-Varying Substitutability of Labor Inputs and Biased Technical Change,” (with Raul Santaeulalia-Llopis).
• “The Role of Unemployment Risk for Aggregate Dynamics During the Great Depression,” (with Satyajit Chatterjee).
• “Firm Size Distribution along the Business Cycle,” (with Árpád Ábrahám  & Eva Carceles-Poveda).

Grants, Honors and Awards:

• Young Scholar Award, Korea-America Economic Association, 2008
• Graduate Fellowship, University of Pennsylvania, 2001
• KFAS Scholarship, the Korea Foundation for Advanced Studies, 2000-2005
• Award for Academic Excellence, Seoul National University, 1997
• Department Fellowship, Seoul National University, 1996

Professional Activities:

• Visiting Scholar: Minneapolis Fed (2010), St. Louis Fed (2010, 2011)
• Referee: American Economic Review; Journal of Economic Dynamics and Control; Review of Economic Studies; Journal of Public Economic Theory; International Economic Review; Journal of Monetary Economics; Review of Economic Dynamics.
• Invited Seminar: Yonsei Univ (2011), Seoul Nat’l Univ (2011), Minneapolis Fed (2010), St. Louis Fed (2010), EUI (2010), Korea Univ (2008), Seoul Nat’l Univ (2007), Georgetown (2007), Queen’s (2006), Korea Univ (2006), San Francisco Fed (2006), Federal Reserve (2006), Rutgers (2006), Rochester (2006), Toronto (2006), Richmond Fed (2006), Lehigh (2006), Penn (2005)
• Conference: Asian Meeting of the Econometric Society (2011); WCU conference (2010); Econometric Society Summer Meeting (2009); Carnegie-Rochester Conference on Public Policy (2006); Murray S. Johnson Memorial Conference, the University of Texas at Austin (2005); NBER Summer Institutes (2003)
• Committee: University of Rochester Research Computing Committee (2006-present), Placement Director (2011)

Students:

• Marios Karabarbounis, Co-advisor, Expected in 2012
• Ömer T. Açıkgöz, Committee Member, 2011, Yeshiva Univ
• Gonzalo Castex, Committee Member, 2010, Central Bank of Chile
• Ricardo M. Santos, Committee Member, 2009, ITAM
• Juan M. Sanchez, Committee Member, 2008, Richmond Fed.

Research and Teaching Experience:

• Instructor, Intermediate Macroeconomics (Undergraduate), Rochester
• Instructor, Macroeconomics I (Graduate), Rochester
• Instructor, Topics in Macroeconomics (Graduate), Rochester
• Instructor, Quantitative Macroeconomics (Gradulate), Rochester
• Senior Economic Analyst, Federal Reserve Bank of Philadelphia, 2003 - 2005

Additional Skills:

• Languages: Korean, English
• Extensive programming experience in: FORTRAN, parallel computing (MPI), STATA, MATLAB, GAUSS and EVIEWS

Personal:

• US Permanent Resident (Citizenship: Korean)
• Married, one child