Assistant Professor, School of Economics
Sangyup (Sam) Choi is an Assistant Professor at School of Economics and Underwood Division of Yonsei University since 2017. He is also a Research Affiliate at the Global Research Unit of City University of Hong Kong. Prior to joining Yonsei University, he was an economist (Economist Program) at the Middle East and Central Asia Department of International Monetary Fund. Previously, he also worked in the IMF’s Statistics Department and the Research Department. He received a Ph.D. in Economics from UCLA in 2015, B.A. in Economics from Yonsei University in 2009, and also studied at UC Berkeley from 2007 to 2008. His primary field of research is international finance. His research, thus far, has focused on credit market imperfections, fluctuations in uncertainty, credit channel of monetary policy, and international spillovers with a focus on emerging market economies. He is ranked 52nd among 6,035 economists (less than 5 years) from IDEAS Top Young Economists Ranking.
Ph.D. in Economics, UCLA (2015)
B.A. in Economics, Yonsei University (2009)
Courses and Current Research Areas
Undergraduate Courses: Analysis of International Financial Market, Macroeconomics
Current Research Areas
International Finance, Financial Markets, Macroeconomics, Applied Econometrics
Choi, Sangyup. "Changes in the effects of bank lending shocks and development of public debt markets" Finance Research Letters (forthcoming)
Choi, Sangyup and Davide Furceri. "Uncertainty and cross-border banking flows" Journal of International Money and Finance May 2019, 93, pp 260-274.
Choi, Sangyup and Myungkyu Shim. "Financial vs. policy uncertainty in emerging market economies" Open Economies Review April 2019, 30(2), pp 297-318.
Choi, Sangyup, Davide Furceri, Yi Huang, and Prakash Loungani. "The effect of aggregate uncertainty on sectoral productivity growth: the role of credit constraints" Journal of International Money and Finance November 2018.
Choi, Sangyup and Yuko Hashimoto. "Does transparency pay? Evidence from IMF data transparency policy reforms and emerging market sovereign bond spreads" Journal of International Money and Finance November 2018.
Choi, Sangyup, Davide Furceri, Prakash Loungani, Saurabh Mishra, and Marcos Poplawski-Ribeiro. "Oil prices and inflation dynamics: evidence from advanced and developing economies" Journal of International Money and Finance April 2018.
Choi, Sangyup. "The impact of US financial uncertainty shocks on emerging market economies: an international credit channel" Open Economies Review February 2018.
Choi, Sangyup. "Variability in the effects of uncertainty shocks: new stylized facts from OECD countries" Journal of Macroeconomics September 2017.
Choi, Sangyup and Prakash Loungani. "Uncertainty and unemployment: the effects of aggregate and sectoral channels" Journal of Macroeconomics December 2015.
Choi, Sangyup. "Are the effects of Bloom’s uncertainty shocks robust?" Economics Letters May 2013.