학력

Sep 2007-Aug 2013 PhD in Finance | Northwestern University, Evanston, IL
Mar 1998-Feb 2002 BA, Economics | Seoul National University, Seoul, South Korea

주요경력

Jun 2020-Now, Assistant Professor of Finance KAIST, Seoul, South Korea
Jun 2013-May 2020, Assistant Professor of Finance Georgia Institute of Technology, Atlanta, GA

주요논문 (특허등)

- Analyzing Active Fund Managers' Commitment to ESG: Evidence from the United Nations Principles for Responsible Investment, Management Science, Accepted with Aaron Yoon

- Revealed Heuristics: Evidence from Investment Consultants’ Search Behavior, Review of Asset Pricing Studies,
Forthcoming with Sudheer Chava and Daniel Weagley

- Characteristic-based Returns: Alpha or Smart Beta?, Journal of Investment Management, Forthcoming with Robert Korajczyk and Andreas Neuhierl

- Arbitrage Portfolios, Review of Financial Studies, (2021) with Robert Korajczyk and Andreas Neuhierl

- Self-fulfilling arbitrages necessitate crash risk, Journal of Financial Market (2020) with Donghyun Ahn and Kyoungwon Seo

- Ex-post risk premia estimation and asset pricing tests using large cross sections: The regression-calibration approach, Journal of Econometrics, (2018) with Georgios Skoulakis

WORKING PAPERS
- Capital Allocation and the Market for Mutual Funds: Inspecting the Mechanism (2021) with Jules van Binsbergen and John Kim

- Large Sample Estimators of Stochastic Discount Factor (2021) with Robert Korajczyk

- Payoff Estimation of Analysts’ Herding Incentive (2021) with Jonathan Clarke and Kyoungwon Seo

- The More Resilient, the More Vulnerable (2021) with Donghyun Ahn and Kyoungwon Seo

- Testing Ex-post Implications of Asset Pricing Models using Individual Stocks over Short Horizons (2019) with Georgios Skoulakis

- A Hidden Markov Modeling of Momentum (2018) with Kent Daniel and Ravi Jagannathan

- Global Diversification with Local Stocks: A Road Less Traveled (2017) with Cheol Eun, Fengrong Wei, and Teng Zhang

연구분야