selected publications academic article Kim, H., & Kim, J. H. (2023). Persistent Bubbles Kim, H., & Leonardy, J. (2023). Beta X Forecast Dispersion Kim, H., Kim, J. H., & Yang, N. (2023). Betting on Bond Ratings Disagreement Kang, L. L., Kim, H., Kim, J. H., Kim, S. J., & Sorescu, S. M. (2023). How to (Properly) Compute Credit Default Swap Returns Jang, I. J., Kim, H., & Mohseni, M. (2023). Alphas in Trading with Value of Votes Johnson, S. A., Kim, H., & Kim, J. H. (2023). Ambiguous Credit Information Quality and Debt Maturity Structure Kim, H., Kim, J. H., & Park, H. (2022). Credit Information Ambiguity Premia Kim, H., Kim, J. H., & Yang, N. (2022). Does Uncertain Credit Information Quality Matter for Bond Funds? Kim, H., Mathur, V., Shin, J. K., & Subramanian, C. (2022). Misallocation of Debt and Aggregate Productivity Chang, Y., Kim, H., & Qiu, S. (2021). Time-Varying Expectation Effects of Switching Financial Uncertainty Choi, S. M., Kim, H., & Ma, X. (2021). Trade, structural transformation and growth. 44(6), 1770-1794. Kim, H., Lee, E., & Park, J. Y. (2020). A Consumption-Based Identification of Global Economic Uncertainty Bouwman, C., Kim, H., & Shin, S. (2018). Bank Capital and Bank Stock Performance Kang, L. L., & Kim, H. (2016). Ambiguity, Macro Factors, and Stock Return Volatility Chang, Y., Choi, Y., Kim, H., & Park, J. Y. (2016). Evaluating factor pricing models using high-frequency panels. Quantitative Economics. 7(3), 889-933. Gallmeyer, M. F., Jhang, H., & Kim, H. (2015). Value or Growth? Pricing of Idiosyncratic Cash-Flow Risk with Heterogeneous Beliefs Jeong, D., Kim, H., & Park, J. Y. (2015). Does ambiguity matter? Estimating asset pricing models with a multiple-priors recursive utility. Journal of Financial Economics. 115(2), 361-382. Brown, A. L., & Kim, H. (2014). Do Individuals Have Preferences Used in Macro-Finance Models? An Experimental Investigation. Management science. 60(4), 939-958. Choi, S. M., & Kim, H. (2014). Momentum Effect as Part of a Market Equilibrium. Journal of Financial and Quantitative Analysis. 49(1), 107-130. Kim, H., & Park, H. (2013). Term structure dynamics with macro-factors using high frequency data. Journal of Empirical Finance. 22, 78-93. Kim, H. (2013). Ambiguous Information about Interest Rates and Bond Uncertainty Premiums Choi, S. M., Johnson, S. A., Kim, H., & Nam, C. (2012). Dividend Policy, Investment, and Stock Returns Kim, H., Mahajan, A., & Petkevich, A. (2012). Sources of Momentum in Bonds Cho, D. D., Kim, H., & Shin, J. S. (2011). The Effect of Seniority and Security Covenants on Bond Price Reactions to Credit News Kim, H., Choi, S. M., & MA, X. (2011). Trade, Urbanization, and Growth Kim, H., & Subramanian, C. (2009). Velocity of money and inflation dynamics. Applied Economics Letters. 16(18), 1777-1781. Yu, B., & Kim, H. (2009). Decomposition of Interest Rate Differentials (in Korean). 15(2), 97-135. Kim, H., & Moon, A. J. (2009). A Monetary Explanation of the Term Structure of Interest Rates and Bond Risk Premia Kim, H., Lee, H. I., Park, J. Y., & Yeo, H. (2009). Macroeconomic Uncertainty and Asset Prices: A Stochastic Volatility Model Kim, H. (2009). Yield Forecasts and Stochastic Volatility in Affine Models with Macro Factors Kim, H., & Subramanian, C. (2006). Transactions Cost and Interest Rate Rules. Journal of Money, Credit and Banking. 38(4), 1077-1091. Kim, H. (2005). Do Macroeconomic Variables Forecast Bond Returns? Kim, J. H., & Kim, H. CEO Ambiguity Aversion and Corporate Investment conference paper Hwang, Y., Min, H., McDonald, J. A., Kim, H., & Kim, B. (2010). Using the credit spread as an option-risk factor: Size and value effects in CAPM. Journal of Banking and Finance. 2995-3009.
teaching activities FINC428 Fixed Income Analysis Instructor FINC484 Finance Internship: In-ab Instructor FINC485 Directed Studies Instructor FINC489 Sptp: Quant Resc. Meth In Finc Instructor FINC489 Sptp: Quant Rsch Meth. In Finc Instructor FINC604 Fixed Income Securities Instructor FINC646 Technical Analysis Fincl Mkts Instructor FINC660 Fixed Income Analysis Instructor FINC685 Directed Studies Instructor FINC688 Doctoral Seminar Instructor FINC689 Sptp: Advanced Fixed Income Instructor FINC689 Sptp: Quant Resc. Meth In Fin Instructor FINC689 Sptp: Quant Rsch Meth. In Finc Instructor FINC690 Theory Of Research Fin Instructor FINC691 Research Instructor FINC691 Research Instructor
chaired theses and dissertations Haque, Syed Imranul (2016-07). Essays on Financial Institutions. Jhang, Ho Gyu (2014-05). Value or Growth? Pricing of Idiosyncratic Cash Flow Risk with Heterogeneous Beliefs. Kang, Le (2018-07). Two Essays on Ambiguity and Stock Return Volatility. Kim, Eul Jin (2012-10). Essays on Bank Optimal Portfolio Choice under Liquidity Constraint. Kim, Hyunjung (2011-02). Essays on the Market for Corporate Control. Nam, Changwoo (2011-10). Essays on A Rational Expectations Model of Dividend Policy and Stock Returns. Park, Ha-Il (2011-02). Term Structure Dynamics with Macroeconomic Factors. Shin, Sang-Ook (2019-06). Essays on Intermediary Asset Pricing. Yeo, Hyosung (2016-05). Three Essays in Macroeconomics and Empirical Finance.
education and training B.A. in Economics, Seoul National University - (Seoul, South Korea) M.A. in Economics, University of Chicago - (Chicago, Illinois, United States) Ph.D. in Economics, University of Chicago - (Chicago, Illinois, United States)