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Session 1: Econometrics I
August 13, 2020 8:00 to 9:20
Zoom-1 |
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| Session Organizer: Myung Hwan Seo, Seoul National University |
| Session Chair:
Eric Schulman, University of Texas Austin |
| Session type: contributed |
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| Structural Regularization |
| presented by: Jiaming Mao, Xiamen University |
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| Testing for Time Stochastic Dominance |
| presented by: KYUNGHO LEE, Seoul National University |
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| Shapes as Product Differentiation: Neural Network Embedding in the Analysis of Markets for Fonts |
| presented by: Eric Schulman, University of Texas Austin |
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Session 2: Econometrics II
August 13, 2020 8:00 to 9:20
Zoom-2 |
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| Session Organizer: Myung Hwan Seo, Seoul National University |
| Session Chair:
Yongcheol Shin, Univ of York |
| Session type: contributed |
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| Clustering standard errors at the "session" level |
| presented by: Duk Gyoo Kim, University of Mannheim |
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| Forecast comparison tests under fat-tails |
| presented by: Jihyun Kim, Toulouse School of Economics |
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| Canonical Correlation-based Model Selection for the Multilevel Factors |
| presented by: Yongcheol Shin, Univ of York |
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Session 3: Gender issues
August 13, 2020 8:00 to 9:20
Zoom-3 |
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| Session Organizer: Cheolsung Park, Hanyang University |
| Session Chair:
Kyeongah Lee, Brandeis University |
| Session type: contributed |
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| Marriage and Misallocation: Evidence from 70 Years of U.S. History |
| presented by: Jay Euijung Lee, London School of Economics |
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| Understanding the Nature of the Gender Wage Gap: the Role of Women’s Labor Supply Decisions by Locations |
| presented by: Hyerim Park, University of Mississippi |
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| Gender Wage Gap: Evidence from South Korea |
| presented by: Kyeongah Lee, Brandeis University |
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Session 4: COVID-19
August 13, 2020 8:00 to 9:20
Zoom-4 |
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| Session Organizer: Cheolsung Park, Hanyang University |
| Session Chair:
Myung Hwan Seo, Seoul National University |
| Session type: contributed |
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| COVID-19 Doesn't Need Lockdowns to Destroy Jobs: The Effect of Local Outbreaks in Korea |
| presented by: Sangmin Aum, Myongji University |
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| Lockdown, Risk Avoidance Behavior, and Its Economic Costs during the COVID-19 Pandemic: Evidence from South Korea |
| presented by: Kanghyock Koh, Korea University |
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| Estimating a breakpoint in the spread pattern of COVID-19 in South Korea |
| presented by: Myung Hwan Seo, Seoul National University |
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Session 5: International Trade I
August 13, 2020 8:00 to 9:20
Zoom-5 |
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| Session Organizer: Jee-Hyeong Park, Seoul National University |
| Session Chair:
Hea-Jung Hyun, Kyung Hee University |
| Session type: contributed |
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| Product Churning and Dynamics within Firms and Trade Liberalization |
| presented by: Haeyeon Yoon, Singapore Management University |
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| Multi-brand Firms and Brand Acquisition: The Impact of Trade Liberalization on Reallocation of Brand Equity |
| presented by: Meeryung La, Korea Institute of International Economic Policy |
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| Technical Regulation and Trade: Export Quality Matters |
| presented by: Hea-Jung Hyun, Kyung Hee University |
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Session 6: Macro (Growth)
August 13, 2020 8:00 to 9:20
Zoom-6 |
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Hyeok Jeong, Seoul National University |
| Session type: contributed |
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| Asymmetric Effects of Financial Conditions on GDP Growth in Korea: A Quantile Regression Analysis |
| presented by: Noh-Sun Kwark, Sogang University |
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| Heterogeneity of intangible investment: findings from South Korean firms |
| presented by: Hyuk Chung, Chung-Ang University |
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| Productivity Growth and Efficiency Dynamics of Korea’s Structural Transformation |
| presented by: Hyeok Jeong, Seoul National University |
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Session 7: Macro (Empirical Macro)
August 13, 2020 8:00 to 9:20
Zoom-7 |
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Jihee Kim, KAIST |
| Session type: contributed |
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| Spillovers and Redistribution through Intra-Firm Networks: The Product Replacement Channel |
| [slides] |
| presented by: Jay Hyun, Columbia University |
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| Measuring the Cost of Living in Mexico and the US |
| presented by: Munseob Lee, University of California San Diego |
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| Institutional Changes and CEO Pay Inequality |
| presented by: Jihee Kim, KAIST |
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Session 8: Econometrics III
August 13, 2020 9:30 to 10:50
Zoom-1 |
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| Session Organizer: Myung Hwan Seo, Seoul National University |
| Session Chair:
Sukjin Han, University of Texas Austin |
| Session type: contributed |
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| Nonparametric Identification and Estimation of Panel Quantile Models with Sample Selection |
| presented by: Sungwon Lee, National University of Singapore |
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| Identification and Estimation of Sequential Games of Incomplete Information with Multiple Equilibria |
| presented by: Jangsu Yoon, University of Wisconsin-Milwaukee |
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| Optimal Dynamic Treatment Regimes and Partial Welfare Ordering |
| presented by: Sukjin Han, University of Texas Austin |
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Session 9: Labor Market Policies
August 13, 2020 9:30 to 10:50
Zoom-2 |
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| Session Organizer: Cheolsung Park, Hanyang University |
| Session Chair:
Jeehyun Ko, University of Southern California |
| Session type: contributed |
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| Does Just Legislating Retirement Age Affect Actual Employment? |
| presented by: Jaeryang Nam, Korea Labor Institute |
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| How much higher can the minimum wage safely rise? |
| presented by: JANGYOUN LEE, University of Cambridge |
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| An Unintended Consequences of the Earned Income Tax Credit: Maternal Labor Supply and Children's Cognitive Achievement |
| presented by: Jeehyun Ko, University of Southern California |
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Session 10: Development
August 13, 2020 9:30 to 10:50
Zoom-3 |
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| Session Organizer: Cheolsung Park, Hanyang University |
| Session Chair:
Sangyoon Park, University of Hong Kong |
| Session type: contributed |
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| The Effects of Village Development Programs on Authoritarian and Democratic Elections |
| presented by: Hyunjoo Yang, Sogang University |
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| Quality Upgrading in Agricultural Supply Chains: A Field Experiment in Vietnam |
| presented by: Sangyoon Park, University of Hong Kong |
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| Determinants and Predictors of Credit Constraints: Empirical Evidence from Nigeria |
| presented by: Eun Jin Ryu, KDI School of Public Policy and Management |
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Session 11: Preferences and Happiness
August 13, 2020 9:30 to 10:50
Zoom-4 |
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| Session Organizer: Cheolsung Park, Hanyang University |
| Session Chair:
Seul-Ki Kim, Sogang University |
| Session type: contributed |
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| The Importance of Social Skills in Recovery from Graduating in a Recession |
| presented by: Sun Hyung Kim, Shanghai University-University of Technology Sydney |
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| Rebellious offspring of war children: parental exposure to the Korean War and risk aversion |
| presented by: Young-Il Kim, The University of The Fraser Valley |
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| Girls are Happier When with Boys Around: Emotional Peer Contagion and Coeducational Program |
| presented by: Seul-Ki Kim, Sogang University |
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Session 12: International Trade II
August 13, 2020 9:30 to 10:50
Zoom-5 |
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| Session Organizer: Jee-Hyeong Park, Seoul National University |
| Session Chair:
Wankeun Oh, Hankuk University of Foreign Studies |
| Session type: contributed |
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| China Shock, local credit supply, and the amplified impact on the U.S. labor market |
| presented by: Seung Hoon Lee, Georgia Institute of Technology |
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| Anxiety or Pain? The Impact of Tariffs and Uncertainty on Chinese Firms in the Trade War |
| presented by: Jaerim Choi, University of Hawaii at Manoa |
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| Technology Change in Global Value Chain: An Application of Structural Decomposition Analysis |
| presented by: Wankeun Oh, Hankuk University of Foreign Studies |
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Session 13: Macro (New Perspectives on Inequality)
August 13, 2020 9:30 to 10:50
Zoom-6 |
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Byoungchan Lee, Hong Kong University of Science and Technology |
| Session type: contributed |
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| Inequality of Fear and Self-Quarantine: Is There a Trade-off between GDP and Public Health? |
| presented by: Sang Yoon (Tim) Lee, Queen Mary University of London |
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| Monetary Policy and Inequality: How Does One Affect the Other? |
| presented by: Eunseong Ma, Louisiana State University |
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| Wealth inequality and real interest rates |
| presented by: Byoungchan Lee, Hong Kong University of Science and Technology |
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Session 14: Macro (Monetary Policy)
August 13, 2020 9:30 to 10:50
Zoom-7 |
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Zijian Wang, Bocconi University |
| Session type: contributed |
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| The Cross-Sectional Distribution of Price Stickiness and Inflation Stability |
| [slides] |
| presented by: Woong Yong Park, Seoul National University |
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| Endogenous Uncertainty and Monetary Policy |
| presented by: ShinHyuck Kang, Korea Labor Institute |
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| Rational Inattention, Financial Heterogeneity and Effectiveness of Monetary Policy |
| presented by: Zijian Wang, Bocconi University |
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Session 15: Invited Speaker: Econometrics: Mikkel Plagborg-Moller (Princeton)
August 13, 2020 11:00 to 11:40
Zoom-1 |
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| Session Organizer: Myung Hwan Seo, Seoul National University |
| Session Chair:
Myung Hwan Seo, Seoul National University |
| Session type: invited |
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Session 16: Invited Speaker: Hanming Fang (University of Pennsylvania)
August 13, 2020 11:00 to 11:40
Zoom-2 |
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| Session Organizer: Cheolsung Park, Hanyang University |
| Session Chair:
Cheolsung Park, Hanyang University |
| Session type: invited |
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Session 17: Invited Speaker: Alan Spearot (UC Santa Cruz)
August 13, 2020 11:00 to 11:40
Zoom-3 |
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| Session Organizer: Jee-Hyeong Park, Seoul National University |
| Session Chair:
Jee-Hyeong Park, Seoul National University |
| Session type: invited |
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Session 18: Special Panel on Covid-19
August 13, 2020 11:50 to 12:50
Zoom-1 |
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| Session Organizer: Yongseok Shin, Washington University in St. Louis |
| Session type: panel |
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Session 19: Micro Theory I
August 14, 2020 8:00 to 9:20
Zoom-1 |
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| Session Organizer: Sung-Ha Hwang, Korea Advanced Institute of Science and |
| Session Chair:
Ilwoo Hwang, University of Miami |
| Session type: contributed |
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| Second-degree Price Discrimination by a Two-sided Monopoly Platform |
| presented by: Byung-Cheol Kim, University of Alabama |
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| Performance Measurement in Agency Models |
| presented by: Chang-Koo Chi, Norwegian School of Economics |
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| Comparative Advertising and Pricing |
| presented by: Ilwoo Hwang, University of Miami |
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Session 20: Macro (Money and Finance)
August 14, 2020 8:00 to 9:20
Zoom-2 |
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Kwangyong Park, Bank of Korea |
| Session type: contributed |
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| Performance-based effects of the corporate governance in Korea’s debtor-inpossession |
| presented by: Young Jun Choi, the Bank of Korea |
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| The Excess Volatility of Long-term Interest Rates and Central Bank Credibility |
| presented by: Kwangyong Park, Bank of Korea |
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| The Supply of Money under Asymmetric Information: Monopoly versus Competition |
| presented by: Jaevin Park, University of Mississippi |
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Session 21: Macro (Labor: Models with Uninsured Risk)
August 14, 2020 8:00 to 9:20
Zoom-3 |
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Youngsoo Jang, Shanghai University of Finance and Economics |
| Session type: contributed |
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| Nonlinear Occupations and Female Labor Supply Over Time |
| presented by: Minchul Yum, University of Mannheim; Goethe Universit |
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| Macro Uncertainty and Unemployment Risk |
| presented by: Joonseok Oh, Freie Universität Berlin |
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| Credit, Default, and Optimal Health Insurance |
| presented by: Youngsoo Jang, Shanghai University of Finance and Economics |
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Session 22: Urban
August 14, 2020 8:00 to 9:20
Zoom-4 |
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| Session Organizer: Chamna Yoon, KAIST College of Busines |
| Session Chair:
Byunggeor Moon, Sejong University |
| Session type: contributed |
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| The Impact of Internal Migration Controls on Urban Fiscal Policies and Access to Educational Opportunities in China |
| presented by: Chamna Yoon, KAIST College of Busines |
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| Do Roadworks Benefit Road Users? Evidence From California Freeways |
| presented by: Jinwon Kim, California State University, Long Beach |
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| The Effects of FAR Regulations in a Model of Durable Building with Redevelopment: The Case of New York City |
| presented by: Byunggeor Moon, Sejong University |
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Session 23: Labor 1
August 14, 2020 8:00 to 9:20
Zoom-5 |
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| Session Organizer: Chamna Yoon, KAIST College of Busines |
| Session Chair:
Donghan Shin, Sogang University |
| Session type: contributed |
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| Internal Labor Markets and Corporate Innovation: Evidence from Korean Chaebols |
| presented by: Frederick Dongchuhl Oh, Korea Advanced Institute of Science and Technology |
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| Labor Market Segmentation, and Resource Allocation |
| presented by: Hyung Joon Chung, The George Washington University |
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| The Rise of E-Commerce and the Local Wage Structure: New Evidence from Korean Retail Industry |
| presented by: Donghan Shin, Sogang University |
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Session 24: IO 1
August 14, 2020 8:00 to 9:20
Zoom-6 |
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| Session Organizer: Chamna Yoon, KAIST College of Busines |
| Session Chair:
You Suk Kim, Federal Reserve Board |
| Session type: contributed |
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| How do national firms respond to local shocks? Evidence from excise taxes |
| presented by: Boyoung Seo, Indiana University |
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| Asymmetric Information and Borrowing Constraints in the Consumer Credit Market |
| presented by: Meeroo Kim, Korea Development Institute (KDI) |
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| Government Advertising in Market-Based Public Programs: Evidence from the Health Insurance Marketplace |
| presented by: You Suk Kim, Federal Reserve Board |
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Session 25: International Trade III
August 14, 2020 8:00 to 9:20
Zoom-7 |
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| Session Organizer: Jee-Hyeong Park, Seoul National University |
| Session Chair:
JaeBin Ahn, Seoul National University |
| Session type: contributed |
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| Does It Matter Where You Invest? The Impact of FDI on Domestic Job Creation and Destruction |
| presented by: Hayato Kato, Osaka University |
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| The Dynamic Impact of International Trade Liberalization: Entry Timing of Exporters and Financial Development |
| presented by: Jae Wook Jung, Sogang University |
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| Hybrid Vertical FDI |
| presented by: JaeBin Ahn, Seoul National University |
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Session 26: International Finance/Open Macroeconomics I
August 14, 2020 8:00 to 9:20
Zoom-8 |
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| Session Organizer: JaeBin Ahn, Seoul National University |
| Session Chair:
Roman Merga, University of Rochester |
| Session type: contributed |
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| Housing and Consumption Volatility |
| presented by: Wonmun Shin, Sejong University |
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| Pricing-to-Market, Imperfect Financial Integration, and Optimal Monetary Policy |
| presented by: WONTAE HAN, The Chinese University of Hong Kong, Shenzhen |
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| Real Exchange Rate Uncertainty Matters. Trade, Shipping Lags and Default |
| presented by: Roman Merga, University of Rochester |
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Session 27: Micro Theory II
August 14, 2020 9:30 to 10:50
Zoom-1 |
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| Session Organizer: Sung-Ha Hwang, Korea Advanced Institute of Science and |
| Session Chair:
Wooyoung Lim, HKUST |
| Session type: contributed |
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| Informed Agent's Advice: Theory and Evidence |
| presented by: Sanghoon Kim, University at Buffalo, The State University of New York |
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| Cheap Talk with Non-Bayesian Updating |
| presented by: Wooyoung Lim, HKUST |
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Session 28: Micro Theory III
August 14, 2020 9:30 to 10:50
Zoom-2 |
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| Session Organizer: Sung-Ha Hwang, Korea Advanced Institute of Science and |
| Session Chair:
Sang-Ho Lee, Chonnam National University |
| Session type: contributed |
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| Merger incentive and strategic CSR by a multiproduct corporation |
| presented by: Sang-Ho Lee, Chonnam National University |
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| Why are we not allowed to use rational agent models as the instrument to recount the behavior in preference space? |
| presented by: Sung Sup Rhee, Soongsil University |
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Session 29: Macro (Business Cycle)
August 14, 2020 9:30 to 10:50
Zoom-3 |
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Jiwoon Kim, Hongik University |
| Session type: contributed |
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| Excessive Firm Turnover in the Shadow of Unemployment |
| presented by: Yurim Lee, Central Washington University |
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| Striking While the Iron Is Cold: Fragility after a Surge of Lumpy Investments |
| presented by: Hanbaek Lee, University of Pennsylvania |
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| Emerging Market Business Cycle: Trend Shock Matters |
| presented by: Jiwoon Kim, Hongik University |
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Session 30: Macro (Policy Analysis)
August 14, 2020 9:30 to 10:50
Zoom-4 |
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Boreum Kwak, Martin-Luther University / Halle Institute for Economic Research |
| Session type: contributed |
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| Stamping Out Stamp Duty: Property or Consumption Taxes? |
| presented by: Yunho Cho, Jinan University |
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| Financial inclusion and welfare: New evidence from the role of government |
| presented by: Talnan Aboulaye Toure, Kobe University |
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| How Does FinTech Affect Monetary Policy Transmission Efficiency? |
| presented by: Boreum Kwak, Martin-Luther University / Halle Institute for Economic Research |
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Session 31: Empirical Microeconomics
August 14, 2020 9:30 to 10:50
Zoom-5 |
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| Session Organizer: Chamna Yoon, KAIST College of Busines |
| Session Chair:
Jihee Kim, KAIST |
| Session type: contributed |
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| Incentivization or expropriation? All ESOPs are not created equal |
| presented by: Jingshu Wen, SKEMA Business School |
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| Economic Cost of Obesity: The Case of Work Hours |
| presented by: Young-Joo Kim, Hongik University |
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| Teaching Machines to Measure Economic Activities from Satellite Images: Challenges and Solutions |
| presented by: Jihee Kim, KAIST |
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Session 32: Labor 2
August 14, 2020 9:30 to 10:50
Zoom-6 |
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| Session Organizer: Chamna Yoon, KAIST College of Busines |
| Session Chair:
Joseph Han, Korea Development Institute(KDI) |
| Session type: contributed |
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| Understanding High-Wage and Low-Wage Firms |
| presented by: Horng Chern Wong, University of Warwick |
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| Temporary Immigrant Workers and Task Specialization: Evidence from Employment Permit System in Korea |
| presented by: Jongkwan Lee, Korea Development Institute |
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| Capping University Enrollment to Suppress Population Growth: An Unintended Consequence on College Major Choice |
| presented by: Joseph Han, Korea Development Institute(KDI) |
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Session 33: IO 2
August 14, 2020 9:30 to 10:50
Zoom-7 |
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| Session Organizer: Chamna Yoon, KAIST College of Busines |
| Session Chair:
Jinhyuk Lee, Korea University |
| Session type: contributed |
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| An Exploration into Geographic Variations in Online Shopping: Determinants and Implications |
| presented by: Jisoo Kang, Sogang University |
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| Revisiting the Classical Relationship between Entry Barrier and Firm Profitability with a New Measure: a Cycle Time of Technology of a Sector |
| presented by: Sung Hoon Lee, Bocconi University |
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| The Competitive Effects of Entry: Evidence from A Retail Gasoline Market |
| presented by: Jinhyuk Lee, Korea University |
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Session 34: International Finance/Open Macroeconomics II
August 14, 2020 9:30 to 10:50
Zoom-8 |
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| Session Organizer: JaeBin Ahn, Seoul National University |
| Session Chair:
Woo Jin Choi, Korea Development Institute |
| Session type: contributed |
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| Uncertainty and foreign capital inflows: examining heterogeneity across types of flows and countries |
| presented by: Sangyup Choi, Yonsei University |
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| Bank Globalization and Monetary Policy Transmission in Small Open Economies |
| presented by: Inhwan So, Bank of Korea |
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| Reserve Accumulation and Firm Investment: Evidence from Matched Bank-Firm Data |
| presented by: Woo Jin Choi, Korea Development Institute |
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Session 35: Invited Speaker Ben Golub (Harvard)
August 14, 2020 11:00 to 11:40
Zoom-1 |
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| Session Organizer: Sung-Ha Hwang, Korea Advanced Institute of Science and |
| Session Chair:
Euncheol Shin, KAIST |
| Session type: invited |
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Session 36: Invited Speaker: Benjamin Pugsley (Notre Dame)
August 14, 2020 11:00 to 11:40
Zoom-2 |
|---|
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| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Yoonsoo Lee, Sogang University |
| Session type: invited |
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Session 37: Invited Speaker: Matt Shum (Cal Tech)
August 14, 2020 11:00 to 11:40
Zoom-3 |
|---|
| |
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| Session Organizer: Chamna Yoon, KAIST College of Busines |
| Session Chair:
Chamna Yoon, KAIST College of Busines |
| Session type: invited |
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Session 38: Invited Speaker: Jingfeng Lu (NUS)
"Electoral College versus Popular Vote: Should the U.S. Change Its Presidential Election Scheme?
August 14, 2020 11:50 to 12:30
Zoom-1 |
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| Session Organizer: Sung-Ha Hwang, Korea Advanced Institute of Science and |
| Session Chair:
Sung-Ha Hwang, Korea Advanced Institute of Science and |
| Session type: invited |
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Session 39: Invited Speaker: Vincenzo Quadrini (USC)
August 14, 2020 11:50 to 12:30
Zoom-2 |
|---|
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|---|
| Session Organizer: Yoonsoo Lee, Sogang University |
| Session Chair:
Jay Hong, Seoul National University |
| Session type: invited |
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Session 40: Invited Speaker: Julian Wright (NUS)
August 14, 2020 11:50 to 12:30
Zoom-3 |
|---|
| |
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| Session Organizer: Chamna Yoon, KAIST College of Busines |
| Session Chair:
Younghwan In, Korea Advanced Institute of Science and Technology |
| Session type: invited |