Phone: 02-760-0487 Email: yjeon@skku.edu Academic Background o o o o o o o 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 o o o o o o o 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. " “Time Distance and Causality”, in progress " “Explaining U.S. Commercial Bank Births, Deaths, and Marriages”, 2002 (with S. Miller); presented at Eastern Economic Association Meeting in March 2002, Boston.