Phone: 02-760-0487
Email: yjeon@skku.edu
Academic Background
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Associate Professor (March 2007- Present), School of Economics, Sungkyunkwan
University
Associate Professor (July 2005- ), Assistant Professor (2000-2005), Economics, Central
Michigan University. Tenured since March 2005
Postdoctoral Research Fellow, CBRSS, Harvard University, 1999/2000.
Ph.D., Economics, UCSD (University of California, San Diego), 1999.
MS, Statistics, Seoul National University, Korea, 1994.
MA, Economics, Yonsei University, Korea, 1990.
BA, Economics, Yonsei University, Korea, 1988.
Teaching Preferences
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Undergraduate Money and Banking (SKKU)
Undergraduate Monetary Policy (SKKU)
Undergraduate Macroeconomics (SKKU)
Undergraduate Econometrics (UCSD)
Graduate Macroeconomics (SKKU)
Graduate Macroeconometrics (SKKU)
Economic Forecasting, Graduate Econometrics, Environmental Economics (Previous
teaching experiences)
Publications
37. “Technological Long-term Forecasting on the Korean Biotechnology Industry –
Forecasting Validity in Government Plans”, forthcoming, Journal of Policy
Modeling (with Sunung Moon)
36. “A Note on Spurious Regression in Seasonal Time Series” Journal of Statistical Computation
and Simulation, forthcoming (with S.A. Ahn and B.C. Seong).
35. “Stationary Perfect Equilibria of an n-Person Noncooperative Bargaining Game and
Cooperate Solution Concepts”, European Journal of Operational Research, forthcoming
(with Taekwon Kim).
34. “Reputation and Efficiency: A Nonparametric Assessment of America’s Top-Rated MBA
Program,” European Journal of Operational Research, 189(1), 245-268, 2008 (with Subhash
Ray).
33. “Is There a Global Market for Tunas? - Policy Implications for Tropical Tuna Fisheries”,
Ocean Development and International Law, 31(1), 32-50, 2008 (with Dale Squires and
Chris Reid).
32. “Productivity Growth in Natural Resource Industries and the Environment: An Application to
the Korean Tuna Purse Seine Fleet in the Pacific Ocean” International Economic Journal,
22(1), 81-93, 2008, Taylor & Francis (with Dale Squires and Christopher Reid).
31. “Popular Global Models: Review and Possible Extensions,” 21(2), 2007, Review of Financial
Studies (금융연구), 한국금융연구원.
30. “Long-term Forecasting and Evaluation”, International Journal of Forecasting, 23(4),
539-555, 2007 (with Sir Clive W.J. Granger).
29. “Evaluation of Global Models,” Economic Modelling, 24(6), 980-989, 2007 (with Sir Clive
W.J. Granger).
28. “Birth, Deaths, and Marriages in the U.S. Commercial Banking Industry,”
Economic Inquiry, 45(2), 325-341, 2007 (with Stephen M. Miller)
27. “Price Transmission in Pacific Tuna Markets: Implications for the South Pacific Tuna Treaty”,
Environment and Development Economics, 11(6), 747-767, 2006 (with Dale Squires, T. Kim
and R. Clarke).
26. “Building Econometric Models with Large Data Sets,” Festschrift for Tarmo Pukkila (Eds. by
E.P. Liski, J. Isotalo, J. Niemela, S. Puntanen, and G.P.H Styan), 101-113, 2006 (with Sir Clive
W.J. Granger).
25. “Developing Country Fisheries and Technical Efficiency: The Java Sea Purse Seine Fishery”,
Applied Economics, 38, 1541-1552, 2006 (with O. Ishak, K. Kuperan, D. Squires and I.
Susilowati)
24. “Dynamics of Model Overfitting Measured in terms of Autoregressive Roots”, Journal of Time
Series Analysis, 27(3), 347-365, 2006 (with Sir Clive W.J. Granger); presented at Annual
Meeting of the European Economic Association in August, 2002, Venice, Italy; presented at
Midwest Econometrics Group in October 2001, the Federal Reserve Bank of Kansa City.
23. "Do Foreign Bank Operations Provide Stabilizing Influence in Korea?", Quarterly Review of
Economics and Finance, 46(1), 82-109, 2006 (with S.M. Miller and P.A. Natke); presented
at Midwest Economic Association Meeting in March 2002, Chicago.
22. “Japanese Foreign Direct Investment in Korea: From a Political Economic Perspective”,
Journal of Japanese Studies, 21, 145-173, 2005, Institute of Japanese Studies (with Sang
Young Rhyu).
21. “Performance of Domestic and Foreign Banks: The Case of Korea and the Asian Financial
Crisis”, Global Economic Review, 34(2), 145-165, 2005, Taylor & Francis (with Stephen M.
Miller); presented at ASSA/KAEA meeting in New Orleans, January, 2001.
20. "Integration and Utilization of Public Education Resource in Remote and
Homogenous Areas: A Case study of the Upper Peninsula of Michigan",
Contemporary Economic Policy, 23(4), 601-614, 2005 (with M.P. Shields)
19. "Productive Efficiency, Property Rights and Sustainable Renewable Resource
Development in the Mini-Purse Seine Fishery of the Java Sea", Environment and
Development Economics, 10(6), 837-859, 2005 (with I. Susilowati et al).
18. “The Easterlin Hypothesis in the Recent Experience of Higher-Income OECD
Countries: A Panel-Data Approach”, Journal of Population Economics, 18(1), 1-13,
2005 (with M.P. Shields); presented at European Society for Population Economics,
June 2002, Bilbao, Spain.
17. “Long-term Technological Forecasting”, Telektronikk – Telenor’s Journal of
Technology, 4, 3-12, 2004 (with C.W.J. Granger and K.R. Hyun)
16. “Forecasting Performance of Information Criteria with Many Macro Series”,
Journal of Applied Statistics, 31(10), 82-94, 2004 (with C.W.J. Granger); presented
at Midwest Econometrics Group in October 2002, the Ohio State University
15. "The Effect of the Asian Financial Crisis on the Performance of Korean Nationwide
Banks", Applied Financial Economics, 14(5), 351-260, 2004 (with S. Miller);
presented at Conference on Transforming Korean Business and Management,
Michigan State University.
14. "Thick Modeling", Economic Modelling, 21, 323-343, 2004 (with C.W.J. Granger);
presented at Canadian Economics Association Meeting in May/June, 2002, Calgary,
Canada.
13. "An Analysis of Fishing Capacity in the Western and Central Pacific Ocean Tuna
Fishery and Management Implications", Marine Policy, 27(6), 449-469, 2003 (with
C. Reid, D. Squires, L. Rodwell and R. Clarke).
12. "Interactions Between Large Macro Models and Time Series Analysis",
International Journal of Finance and Economics, 8(1), 1-10, 2003 (with C.W.J.
Granger)
11. "Deregulation and Structural Change in the U.S. Commercial Banking Industry",
Eastern Economic Journal, 29 (3), 391-414, 2003 (with S. Miller).
10. "Excess Capacity and Sustainable Development in Java Sea Fisheries", Environment and
Development Economics, 8, 105-123, 2003 (with D. Squires et al).
9. "Comparing Forecasts of Inflation Using Time Distance", International Journal of
Forecasting, 19(3), 339-349, 2003 (with C.W.J. Granger); presented at MEA
meeting in Cleveland, March 2001.
8. "A Time Distance Criteria for Evaluating Forecasting Models", International
Journal of Forecasting, 19(2), 199-215, 2003 (with C.W.J. Granger).
7. "Fishing Skill in Developing Country Fisheries: The Kedah, Malaysia Trawl
Fishery", Marine Resource Economics, 16(4), 293-314, 2002 (with K. Kuperan et
al).
6. "Copycats and Common Swings: the Impact of the Use of Forecasts in Information Sets", IMF
Staff Papers, 49(1), 4-21, 2002 (with C.W.J. Granger and G. Gallo); presented at ASSA
meeting in New Orleans, January, 2001.
5. "The Distributional Properties of Shocks to a Fractional I(d) Process Having a
Marginal Exponential Distribution", Applied Financial Economics, 11(5), 469-474,
2001 (with C.W.J. Granger).
4. "Spurious Regressions With Stationary Series", Applied Economics, 33, 899-904,
2001 (with C.W.J. Granger and N. Hyung).
3. "Model Evaluation Based on Residual Analysis of Two Similar Models", Applied
Economics, 32(7), 861-867, 2000 (with C.W.J. Granger).
2. " The Relationship Between Air Pollution Emissions and Income: U.S. Data",
Environment and Development Economics, 2,433-450, 1997 (With Richard T.
Carson and Donald R. McCubbin).
1. "Fractional Stochastic Unit Root Processes", P.M. Robinson and M. Rosenblatt eds,
Athens conference on Applied probability and time series analysis, Volume II: Time
series analysis, Springer, 1996. (with C.W.J. Granger and N. Hyung)
Working Papers
(A) Applied Micro-Econometrics and Population Economics
“Capacity and Capacity Utilization with Transferable Property Rights and Common Pool
Resources”, under revision request (with D. Squires, R.Q. Grafton and J. Kirkeley).
"On Overcoming Inherent Informational Deficiencies in Estimating the Distribution of
Willingness to Pay", (with R. Carson), 2000; presented at Canadian Agricultural
Economic Meeting in Vancouver, June, 2000; at American Agricultural Economic
Meeting in Tampa, July, 2000.
"The Impact on Births of Relative Cohort Size in the U.S.: A Reexamination of the
Easterlin Hypothesis", 2001 (with M.P. Shields); presented at Canadian Economics
Association Meeting in Montreal, Canada.
"MBA Program Reputation: Objective Rankings for Students, Employers, and Program
Administrators", 2003 (with Stephen M. Miller and S. Ray)
(B) Money and Banking, Macroeconomics and Time Series Analysis
"Bank Concentration and Performance", under revision request (with S. Miller)
“Forecasting Output and Prices, the Benefits of Using International Linkages”, (with
C.W.J. Granger)
"An 'Ideal' Decomposition of Industry Dynamics: An Application to the Nationwide
and State Level U.S. Banking Industry", 2002 (with S. Miller); presented at Bank
of England, July, 2002.
"Foreign and Domestic Bank Performances: An 'Ideal' Decomposition of Industry
Dynamics" (with S. Miller and I. Yi)
“Density Forecasting with Macroeconomic Survey Data”, 2002 (with C.W.J. Granger)
“Determining the Optimal Parameters in Exponential Smoothing: Investigating Old
Techniques Using A New Data Form”, 2003
“Information Advantages from Modeling State-level Coincident Indexes”, 2002,
presented at FED/Philly Conference on the Use of Composite Indexes in Regional
Analysis.
“Forecasting Combination over Multiple Forecasting Horizons”, 2003.
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“Time Distance and Causality”, in progress
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“Explaining U.S. Commercial Bank Births, Deaths, and Marriages”, 2002 (with S.
Miller); presented at Eastern Economic Association Meeting in March 2002,
Boston.