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Kwark, Noh-Sun

Ph.D. : University of Rochester (1995)
B.A. : Seoul National University (1986)
Research Area : Macroeconomics, Financial Economics, International Finance/Open Economy Macroeconomics
Lab : GN-704
Tel : 705-8770
Webpage
Email : kwark@sogang.ac.kr

Research

"Entrepreneurship and Income Distribution Dynamics: Why Is the Income Share of Top Income Earners Acyclical over the Business Cycle?," (with E. Ma) International Economic Review, 62(1), pp. 321-356, 2021


"Asymmetric effects of financial conditions on GDP growth in Korea: A quantile regression analysis," (with C. Lee) Economic Modelling, 94, pp. 351-369, 2021


"Have the Free Trade Agreements Reduced Inflation Rates?," (with H. Lim) Economics Letters, 109054, 2020


"A Multilevel Factor Model: Identification, Asymptotic Theory and Applications," (with I. Choi, D. Kim, and Y.J. Kim) Journal of Applied Econometrics, 33(3), pp. 355-377, 2018


"Leading Behavior of Interest Rate Term Spreads and Credit Risk Spreads in Korea," (with W. Kim) Journal of Money and Finance, 26, pp. 1-25, 2012


 "Welfare Effect of Labor Union in a General Equilibrium Efficient Contract Model," (with H. Bae) Journal of Economic Theory and Econometrics, 20, pp. 82-92, 2009


"International R&D Spillovers Revisited: Human Capital as an Absorptive Capacity for Foreign Technology," (with Y. Shyn) International Economic Journal, 20, pp. 179-196, 2006


"Long-Run Comparative Advantage and Transitional Dynamics after Free Trade in an Endogenous Growth Model," Seoul Journal of Economics, 18, pp. 173-203, 2005


"Default Risks, Interest Rate Spreads, and Business Cycles," Journal of Economic Dynamics and Control,  26, pp. 271-302, 2002


"Decomposition of Hours Based on Extensive and Intensive Margings of Labor," (with Y. Chang) Economics Letters, 72, pp. 362-367, 2001


"Sources of International Business Fluctuations: Country-Specific Shocks or Worldwide Shocks," Journal of International Economics, 48, pp. 367-385, 1999


"Educational Wage Differentials in Korea," Seoul Journal of Economics, 6, pp. 1-35, 1993


"Business Cycle Fluctuations and Income Inequality in Korea," Korea Review of Applied Economics 20 (2018), 139-173. (written in Korean)


"Estimation of the Monetary Policy Reaction Function in Korea Before and After the Global Financial Crisis," Korean Journal of Economic Studies 64 (2016), 5-43. (written in Korean).


"Short-Run and Long-Run Macroeconomic Effects of Transfer Payments and Government Spending in Structural VAR Model with Long-Run Identifying Restrictions," Korean Journal of Public Finance 7 (2014), 41-82. (written in Korean)


"Determinants of Per Capita Income Volatility Across Countries Focusing on the Stabilization Effect of Government Spending," Economic Analysis 19 (2013), 79-110. (written in Korean)


"Predictive Power of Forecasts by Domestic and Foreign Research Institutions," (with J. Park and H. Lee) 29 (2011), Korea and the World Economy 35-70. (written in Korean)


"Determinants of Income Distributioon: Effects of Free Trade Agreement and Kuznets Curve," (with S. Kim) Kukje Kyungje Yongu 14 (2008), 77-100. (written in Korean)


"Evaluation on Financial Policies in Korea after the Financial Crisis Based on Market-Friendliness and Efficiency," (with H. Kim and J. Park) Journal of Regulation Studies 17 (2008), 183-219. (written in Korean)


"The Change in Potential Growth After the Currency Crisis in Korea Based on Growth Accounting Analysis," The Korean Journal of Economic Studies 55 (2007), 549-588. (written in Korean)


"Source of Economic Fluctuations in Korea: Foreign Shocks vs. Domestic Shocks," Korea and the World Economy 18 (2007), 211-236. (written in Korean)


"Business Cycles in a Small Open Economy: Facts and Models," Sogang Economic Review 34 (2005), 1-21. (written in Korean)


"Maintaining Liquidity in the Korean Government Bond Markets," (with C. Rhee) Journal of Money and Finance 9 (2004), 197-241. (written in Korean)


"Structural Vector Autoregressive Models: Methodology and Application," Sogang Economic Review 33 (2004), 1-20. (written in Korean)


"Decomposition of Cyclical Fluctuations in the Korean Total Hours Using a Structural VAR Model," Sogang Economic Review 32 (2003), 1-25. (written in Korean)