JAEJOON WOO

(PhD, Harvard)
Economics Department DePaul

Hello, I am currently on leave from DePaul University (as a tenured Associate Professor of Economics).

Since November 2009, I have been working as Senior Economist at the International Monetary Fund (IMF), Washington DC.

Currently, I am also an associate editor of International Economic Journal (IEJ), which is published for Korea International Economic Association by Routledge.

Previously, I also held an economist position at the OECD Development Centre (during 2009) and at the economics department (during 2000-2002) in the OECD (Organisation for Economic Cooperation and Development) in Paris, France. You can download the papers that I co-authored with OECD colleagues at the Research Papers Link below. Our paper on firm dynamics and productivity was covered in the economic focus section of The Economist on May 23, 2002! Also, our work on the US health system was covered at the Financial Times on October 18, 2002.

While working at the OECD, I also taught Fondements de la Politique Economique et Mondialisation at Institute D'Etudes Politiques De Paris (a grandes écoles in France and commonly known as Sciences Po) in 2001 and 2002. More recently, I visited Helsinki School of Economics in Finland to teach an intensive course in international economics during the fall of 2004-08.

Also, I was elected the Treasurer of the Korea-America Economic Association for year 2007.

I received my Ph.D. in Economics from Harvard University in 1999, and BA & MA in Economics from Yonsei University in Seoul, South Korea in 1990 and 1992, respectively.

Grants and Fellowships: Research Grants from Kellstadt at DePaul, 2005-09, Bank of Korea Research Grant 2004, University Research Council Grant, DePaul, 2004, Graduate School of Arts and Science Teaching Fellowship, Harvard University, 1995-99; Korea Foundation for Advanced Studies (KFAS) Full Fellowship, 1993-98; Simon Kuznets Travel Grant, Harvard University, summer 1997.

Areas of Research Interest

Growth and Productivity, Fiscal Policy, Public Debt and Deficits, Political Economy in Macroeconomics, International Economic Integration (Capital Flows, FDI)

Research Papers

New and Forthcoming!

“Public Debt and Growth.” (co-authored with M. Kumar), The IMF Working Paper, No. 10/174, July 2010.

“Public Expenditures on Social Programs and Household Consumption in China.” (co-authored with E. Baldacci, G. Callegari, D. Coady, D. Ding, M. Kumar, P. Tommasino), The IMF Working Paper, No. 10/69, March 2010.

“Technological Upgrading in China and India: What Do We Know?” The OECD Development Centre (forthcoming in 2010).

“Growth, Income Distribution, and Fiscal Policy Volatility.” The Journal of Development Economics (forthcoming in 2010-11).

Selected Recent Publications:

“Why Do More Polarized Countries Run More Pro-cyclical Fiscal Policy?” The Review of Economics and Statistics, 91(4): 850-870, November 2009.

“Productivity Growth and Technological Diffusion through Foreign Direct Investment.” Economic Inquiry, 47(2), 226-248, April 2009.

The Political Economy of Fiscal Policy. Springer, Berlin; New York. (Lecture Notes in Economics and Mathematical Systems series, Vol. 570), February 2006.

“Social Polarization, Fiscal Instability, and Growth.” The European Economic Review, 49(6): 1451-1477, August 2005.

“Growth, Government Policies and Institutions in the Globalized World Economy.” The Bank of Korea Institute Research Paper, No.198, October 2004. Also, reprinted as Chapter 1 in Jeong-ho Hahm (ed.) Sustaining Korean Economic Growth – A Way Forward: Augmenting Growth Potential and Upgrading the Financial System, The Bank of Korea: Seoul, December 2004, pp. 3-105.

“Social Polarization, Industrialization, and Fiscal Instability: Theory and Evidence.” The Journal of Development Economics, 72: 223-252, October 2003.

“Economic, Political and Institutional Determinants of Public Deficits.” The Journal of Public Economics, 87: 387-426, March 2003. Lead article. Most requested articles in Journal of Public Economics 2003: ranked 6^th

The OECD Economic Survey of the United States. (with Hannes Suppanz, Michael Kiley, Peter Jarret and Elizabeth Docteur), Vol. 2002/18, Paris: OECD, November 2002.

“The Role of Policy and Institutions for Productivity and Firm Dynamics: Evidence From Micro and Industry Data.” (with S. Scarpetta, P. Hemmings, T. Tressel), OECD Economics Department Working Paper, No. 329, April 2002.

You can download some of the firm-level data that were used in this study from the OECD site.

Lecture (Course Webpage Link)

Lecture that I delivered at the KPMG (Accounting Firm) in New York, June 26, 2007.

Title: South Korea and the World Economy in the Globalization Process (Power point slide show)

CV (Curriculum Vitae)

Useful Links (US and International Data, Working Papers, Favorite Economists)

STATA Resources: Boston College | Stata.Com | UCLA