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 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)