Kyoung Jin Choi

University of Calgary - Haskayne School of Business

Dr

2500 University Drive, NW

Calgary, Alberta T2N 1N4

Canada

http://sites.google.com/site/kyoungjinchoiecon/

SCHOLARLY PAPERS

22

DOWNLOADS
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Top 19,516

in Total Papers Downloads

3,162

SSRN CITATIONS
Rank 14,606

SSRN RANKINGS

Top 14,606

in Total Papers Citations

26

CROSSREF CITATIONS

54

Scholarly Papers (22)

1.

Bitcoin Microstructure and the Kimchi Premium

Number of pages: 42 Posted: 18 Jun 2018 Last Revised: 14 Jan 2020
Kyoung Jin Choi, Alfred Lehar and Ryan Stauffer
University of Calgary - Haskayne School of Business, University of Calgary - Haskayne School of Business and Bucknell University - Freeman College of Management
Downloads 452 (78,857)
Citation 9

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Bitcoin, Limits to Arbitrage, Cryptocurrencies, Fintech

Optimal Portfolio, Consumption-Leisure and Retirement Choice Problem with Ces Utility

Number of pages: 40 Posted: 29 Aug 2006
Kyoung Jin Choi, Gyoocheol Shim and Yong Hyun Shin
University of Calgary - Haskayne School of Business, Bank of Korea and Department of Mathematics, Sookmyung Women's University
Downloads 350 (105,137)

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Consumption, leisure, portfolio selection, retirement, CES utility, labor income

Optimal Portfolio, Consumption-Leisure and Retirement Choice Problem with CES Utility

Mathematical Finance, Vol. 18, Issue 3, pp. 445-472, July 2008
Number of pages: 28 Posted: 16 Jun 2008
Kyoung Jin Choi, Gyoocheol Shim and Yong Hyun Shin
University of Calgary - Haskayne School of Business, College of Business, Korea Advanced Institute of Science and Technology (KAIST) and Department of Mathematics, Sookmyung Women's University
Downloads 4 (781,100)
Citation 4
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3.

Optimal Consumption and Investment under Time-Varying Liquidity Constraints

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 48 Posted: 08 Jan 2014 Last Revised: 17 Apr 2017
Seryoong Ahn, Kyoung Jin Choi and Byung Hwa Lim
POSTECH, University of Calgary - Haskayne School of Business and The University of Suwon - Department of Economics and Finance
Downloads 329 (113,455)
Citation 4

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Time-Varying Liquidity Constraints, Stochastic Borrowing Constraints, Debt-to-Income Ratio, Loan-to-Value Ratio, Consumption-Investment, Portfolio Selection, Martingale Method, Liquidity Constraints.

Endogenous Credit, Business Cycle, and Portfolio Selection

Number of pages: 32 Posted: 06 Feb 2015 Last Revised: 02 Jun 2021
Kyoung Jin Choi, Hyeng Keun Koo, Byung Hwa Lim and Jane Yoo
University of Calgary - Haskayne School of Business, Ajou University - Department of Business Administration, The University of Suwon - Department of Economics and Finance and Ajou University - School of Business
Downloads 238 (157,855)

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Endogenous Credit, Limited Commitment, Business Cycle, Consumption and Portfolio selection, Regime switching

Limited Commitment, Business Cycle, and Portfolio Selection

Number of pages: 60 Posted: 26 Sep 2018
Kyoung Jin Choi, Hyeng Keun Koo, Byung Hwa Lim and Jane Yoo
University of Calgary - Haskayne School of Business, Ajou University - Department of Business Administration, The University of Suwon - Department of Economics and Finance and Ajou University - School of Business
Downloads 30 (578,956)
Citation 2

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Consumption and investment, Endogenous Credit, Portfolio selection, Regime switching, Unsecured borrowing

5.

The Impact of Firm Size on Dynamic Incentives and Investment

RAND Journal of Economics, Forthcoming
Number of pages: 50 Posted: 24 Sep 2011 Last Revised: 28 Feb 2019
Chang Koo Chi and Kyoung Jin Choi
Norwegian School of Economics (NHH) and University of Calgary - Haskayne School of Business
Downloads 235 (160,310)
Citation 2

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Time-Varying Firm Size, Size-Dependence Regularity, Firm Size Effect, Dynamic Moral Hazard, Investment

6.

Decision Horizon and Idiosyncratic Risk

Number of pages: 61 Posted: 07 Dec 2013 Last Revised: 30 May 2020
Kyoung Jin Choi, Minsuk Kwak, Gyoocheol Shim and Wei Wei
University of Calgary - Haskayne School of Business, Department of Mathematics, Hankuk University of Foreign Studies, Ajou University - Department of Financial Engineering and University of Oklahoma
Downloads 205 (182,493)

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Real options, Decision horizon, Idiosyncratic volatility, Project selection, Firm investments, Incomplete markets

7.

Time Preference and Real Investment

Journal of Economic Dynamics and Control, Vol. 83, 2017
Number of pages: 46 Posted: 30 Jan 2014 Last Revised: 28 Feb 2019
Kyoung Jin Choi, Minsuk Kwak and Gyoocheol Shim
University of Calgary - Haskayne School of Business, Department of Mathematics, Hankuk University of Foreign Studies and Ajou University - Department of Financial Engineering
Downloads 179 (206,130)
Citation 1

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time preference, risk attitude, wealth effect, real option, idiosyncratic risk

8.

A Simple Asset Pricing Model with Heterogeneous Agents, Uninsurable Labor Income and Limited Stock Market Participation

Journal of Banking and Finance, Vol. 55, 2015
Number of pages: 25 Posted: 11 Jan 2014 Last Revised: 22 Sep 2016
Seryoong Ahn, Kyoung Jin Choi and Hyeng Keun Koo
Korea Housing Finance Corporation, University of Calgary - Haskayne School of Business and Ajou University
Downloads 149 (240,603)
Citation 1

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asset pricing, general equilibrium, equity premium, uninsurable labor income, limited stock market participation, heterogeneous preference

9.

Mirrlees Meets Modigliani-Miller: Double Taxation and Capital Structure

Number of pages: 43 Posted: 25 Sep 2011 Last Revised: 21 Oct 2012
Kyoung Jin Choi
University of Calgary - Haskayne School of Business
Downloads 137 (257,435)
Citation 1

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Corporate Income Tax, Double Taxation, Capital Structure, Mirrlees Taxation, Capital Tax, Debt and Equity

10.

A Proposal for a Canadian CBDC

Number of pages: 39 Posted: 18 Feb 2021
University of Calgary - Haskayne School of Business, University of Calgary - Department of Computer Science, University of Calgary - Haskayne School of Business, University of Calgary - Department of Computer Science and University of Calgary - Department of Computer Science
Downloads 125 (275,892)

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11.

What Determines Household Credit Limits?

Number of pages: 36 Posted: 08 Sep 2015 Last Revised: 19 May 2021
Kyoung Jin Choi, Hyeng Keun Koo, Byung Hwa Lim and Jane Yoo
University of Calgary - Haskayne School of Business, Ajou University - Department of Business Administration, The University of Suwon - Department of Economics and Finance and Ajou University - School of Business
Downloads 112 (298,430)
Citation 5

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Unsecured Credit Limit; Endogenous Credit; Unsecured Borrowing; Labor Income

12.

Intertemporal Preference with Loss Aversion: Consumption and Risk Attitude

Number of pages: 59 Posted: 23 Oct 2019 Last Revised: 02 May 2021
Kyoung Jin Choi, Junkee Jeon and Hyeng Keun Koo
University of Calgary - Haskayne School of Business, Kyung Hee University - Department of Applied Mathematics and Ajou University - Department of Business Administration
Downloads 96 (330,852)

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consumption irreversibility, intertemporal loss aversion, excess sensitivity and smoothness, asymmetric sensitivities, consumption heterogeneity, U-shaped risky share

13.

Asset Pricing with Consumption Frictions

Number of pages: 44 Posted: 08 Nov 2019 Last Revised: 28 Jun 2021
Kyoung Jin Choi, Junkee Jeon and Hyeng Keun Koo
University of Calgary - Haskayne School of Business, Kyung Hee University - Department of Applied Mathematics and Ajou University - Department of Business Administration
Downloads 85 (357,048)
Citation 2

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Frictional Consumption, Adjustable Consumption, Asset Pricing, Habit Model, Intertemporal Loss Aversion, Hansen-Scheinkman Decomposition

14.

Optimal Long-term Contracts with Limited Commitment and Unobservable Disability

Number of pages: 57 Posted: 18 Jul 2019 Last Revised: 29 Jan 2021
Kyoung Jin Choi, Junkee Jeon, Ho-Seok Lee and Hsuan-Chih Lin
University of Calgary - Haskayne School of Business, Kyung Hee University - Department of Applied Mathematics, Kwangwoon University - Department of Mathematics and Academia Sinica - Institute of Economics
Downloads 76 (381,131)

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Dynamic Contracting, Disability Insurance, Limited Commitment, Truth-Telling

15.

Blockchain, Information Production, and Ownership Structure: The Case of a Decentralized Academic Journal

Number of pages: 54 Posted: 12 Feb 2021 Last Revised: 10 May 2021
Kyoung Jin Choi and Jaevin Park
University of Calgary - Haskayne School of Business and University of Mississippi - Department of Economics
Downloads 74 (389,816)

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Blockchain, Decentralization, Coordination Failure, Moral Hazard, Negative Externality

16.

Intertemporal Preference with Loss Aversion: Aggregate Consumption and Asset Management

Number of pages: 28 Posted: 12 Jun 2019 Last Revised: 13 Jan 2020
Kyoung Jin Choi, Junkee Jeon and Hyeng Keun Koo
University of Calgary - Haskayne School of Business, Kyung Hee University - Department of Applied Mathematics and Ajou University - Department of Business Administration
Downloads 70 (398,905)

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Consumption irreversibility, intertemporal loss aversion, consumption autocorrelation, asset management, durable good, multiple goods

17.

When Does Limited Commitment Matter in a Production Economy?

Number of pages: 34 Posted: 07 Jan 2014 Last Revised: 03 Jun 2018
Kyoung Jin Choi and Jungho Lee
University of Calgary - Haskayne School of Business and Singapore Management University - School of Economics
Downloads 69 (402,038)

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Limited Commitment, Enforcement Constraints, First Best Allocation, Production Economy

18.

Consumption and Portfolio Selection with Recursive Utility, Stochastic Income, and Liquidity Constraints

Number of pages: 40 Posted: 22 Apr 2021 Last Revised: 20 Jun 2021
Kyoung Jin Choi, Minsuk Kwak and Byung Hwa Lim
University of Calgary - Haskayne School of Business, Department of Mathematics, Hankuk University of Foreign Studies and The University of Suwon - Department of Economics and Finance
Downloads 47 (481,438)

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Recursive utility, liquidity constraints, stochastic income, portfolio optimization

19.

Real Options with Endogenous Payoff

Number of pages: 28 Posted: 28 Aug 2020 Last Revised: 09 Sep 2020
Kyoung Jin Choi and Minsuk Kwak
University of Calgary - Haskayne School of Business and Department of Mathematics, Hankuk University of Foreign Studies
Downloads 39 (517,364)

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real options, irreversible investment, endogenous payoff, risk management, risk-return tradeoff

20.

Performance Measurement in Agency Models

NHH Dept. of Economics Discussion Paper No. 5/2019
Number of pages: 28 Posted: 28 Feb 2019
Chang-Koo Chi and Kyoung Jin Choi
Norwegian School of Economics (NHH) - Department of Economics and University of Calgary - Haskayne School of Business
Downloads 32 (553,002)

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agency problems, performance measurement, informativeness criterion, signal orderings

21.

Disutility, Optimal Retirement, and Portfolio Selection

Mathematical Finance, Vol. 16, No. 2, pp. 443-467, April 2006
Number of pages: 25 Posted: 08 May 2006
Kyoung Jin Choi and Gyoocheol Shim
University of Calgary - Haskayne School of Business and College of Business, Korea Advanced Institute of Science and Technology (KAIST)
Downloads 20 (628,747)
Citation 4
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22.

보험업 시스템 리스크 가능성 및 부실 보험회사 정리제도 연구 (A Study on Systemic Risks in Insurance Sectors and Resolution Schemes of Insolvent Insurance Firms)

KDI Research Monograph 2018-05(Kor)
Number of pages: 130 Posted: 17 Jan 2020
Keeyoung Rhee and Kyoung Jin Choi
Korea Development Institute (KDI) and University of Calgary - Haskayne School of Business
Downloads 9 (710,316)

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