KIM, JUNG-WOOK

Professor of Behavioral Finance, Investment, Corporate Finance


Professor Introduction

Jung-Wook Kim joined the faculty of Seoul National University Graduate School of Business in 2010. He graduated from Seoul National University summa cum laude in 1991. He received his PhD in Economics from Harvard University in 2001. He taught at the University of Alberta School of Business in Canada from 2001 until 2010 before he joined SNU. Jung-wook Kim is recently working on the issues in behavioral finance, dynamics of firm-performance heterogeneity, the impact of productivity growth on asset returns, and the importance of allocative efficiency in economic growth. Jung-wook Kim was awarded several prizes for his excellence in teaching, including the Allyn Young Prize from Harvard University in 2001. He published research papers in leading journals of finance and economics including the Journal of Financial Economics and the Review of Economics and Statistics. His work on trading volume published in the Financial Analysts Journal has been covered by many investment banks’ research digests.

Education & Experiences

[학력]
Ph.D 1995-2001 Harvard University (Economics)  
B.A 1987-1991 Seoul National University (Economics) 


[경력]

  1. Presidential Award for Academic Excellence, Seoul National University (1991).
  2. Harvard University, Economics 10 (Ec10), Excellence in teaching (6 Consec. Semesters).
  3. Harvard University, Allyn Young Prize for Excellence in Teaching (2001).

  4. Seoul National University, Graduate School of Business, Professor
  5. Seoul National University, Graduate School of Business, Associate Professor
  6. University of Alberta, School of Business, Assistant Professor


Publications

[Journal Articles]

  1. "Additional Credit for Liquidity-Constrained Individuals: High-Interest Consumer Credit in Korea" (with Seungyeon Won and Jung-In Kim), Emerging Markets Finance and Trade, 2017.
  2. "Productivity Growth and Stock Returns: Firm- and Aggregate-Level Analyses" (with Hyunbae Chun, and Randall Morck), Applied Economics, 2016.
  3. "Investors' Interacting Demand and Supply Curves for Common Stocks" (with Martin Dierker, Jason Lee and Randall Morck), Review of Finance, 2016.
  4. "How Does Information Technology Improve Aggregate Productivity? A New Channel of Productivity Dispersion and Reallocation" (with Hyunbae Chun and Jason Lee), Research Policy, 2015.
  5. "Firm Heterogeneity, R&D, and Economic Growth" (with Hyunbae Chun and Joonkyung Ha), Economic Modelling, 2014.
  6. "Technology Shocks and Employment: Evidence from U.S. Firm-Level Data" (with Hyunbae Chun), B.E. Journal of Macroeconomics, 2011.
  7. "Technology Shocks and Employment: Evidence from U.S. Firm-Level Data" (with Hyunbae Chun), B.E. Journal of Macroeconomics, 2011.
  8. "Capital Allocation, Stock Return Volatility, and Productivity Growth in U.S. Industries" (with Hyunbae Chun), Applied Economics Letters, 2011.
  9. Varying Heterogeneity among U.S. Firms: Facts and Implications (with Hyunbae Chun and Randall Morck), Review of Economics and Statistics, 2011
  10. Capital Gains Overhang and the Earnings Announcement Volume Premium (with Wonseok Choi and Kenton Hoyem), Financial Analysts Journal, 2010
  11. Declining output growth volatility: A sectoral decomposition (with Hyunbae Chun), Economics Letters, 2010
  12. Analyst Forecast Dispersion, Trading Volume, and Stock Return (with Wonseok Choi and Kenton Hoyem), Seoul Journal of Economics, 2009
  13. Underreaction, Trading Volume, and Post-Earnings Announcement Drift (with Wonseok Choi), Korea Review of Applied Economics, 2009
  14. Creative Destruction, Heterogeneous Firm Growth, and Efficient Resources Reallocation (with Hyunbae Chun), Journal of Economics Resarch, 2009
  15. Creative Destruction and Firm-Specific Performance Heterogeneity (with Hyunbae Chun, Randall Morck and Bernard Yeung), Journal of Financial Economics, 2008