Sangkyun Park

Independent

SCHOLARLY PAPERS

22

DOWNLOADS
Rank 21,084

SSRN RANKINGS

Top 21,084

in Total Papers Downloads

3,392

SSRN CITATIONS
Rank 22,664

SSRN RANKINGS

Top 22,664

in Total Papers Citations

9

CROSSREF CITATIONS

34

Scholarly Papers (22)

1.

Capital Ratios as Predictors of Bank Failure

Economic Policy Review, Vol. 6, No. 2, July 2000
Number of pages: 20 Posted: 07 Mar 2006
Arturo Estrella, Sangkyun Park and Stavros Peristiani
Rensselaer Polytechnic Institute, Independent and Federal Reserve Bank of New York--Retired
Downloads 2,312 (8,773)
Citation 2

Abstract:

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bank regulation, capital requirements, Basel Accord, bank failures

2.

Why Did Thrift Goodwill Matter in 1989?

FRB of New York Staff Report No. 51
Number of pages: 34 Posted: 04 Mar 1999
Sangkyun Park
Independent
Downloads 185 (224,282)
Citation 1

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3.

A Critical Look at Public Private Partnership

Public Policy: The Second Best, Political Compromise, and Social Welfare (Chapter 3), Amazon Kindle, 2019.
Number of pages: 24 Posted: 28 Feb 2018 Last Revised: 17 May 2021
Sangkyun Park
Independent
Downloads 166 (245,946)

Abstract:

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public-private partnership, risk transfer, credit and insurance, infrastructure

4.

Are Bank Shareholders Enemies of Regulators or a Potential Source of Market Discipline?

FRB of New York Staff Report No. 138
Number of pages: 40 Posted: 02 Aug 2006 Last Revised: 15 Feb 2009
Sangkyun Park and Stavros Peristiani
Independent and Federal Reserve Bank of New York--Retired
Downloads 134 (292,028)
Citation 5

Abstract:

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market discipline, charter value, put option value, spline estimation

5.

Effects of Government Credit on Investment Efficiency in the Presence of Adverse Selection

Number of pages: 33 Posted: 10 Feb 2008 Last Revised: 27 Mar 2011
Sangkyun Park
Independent
Downloads 130 (298,849)
Citation 1

Abstract:

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Government Credit, Adverse Selection, Investment Efficiency, Credit Rationing

6.

Optimal Discount Rates for Government Projects

Number of pages: 42 Posted: 26 Dec 2008 Last Revised: 01 Dec 2010
Sangkyun Park
Independent
Downloads 110 (336,834)
Citation 1

Abstract:

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Discount Rates, Government Projects, Cost-Benefit Analysis, Investment Efficiency, Government Subsidies

The Relationship between Government Financial Condition and Expected Tax Rates Reflected in Municipal Bond Yields

FRB of New York Staff Report No. 7
Number of pages: 37 Posted: 22 Jun 2007
Sangkyun Park
Independent
Downloads 107 (345,450)
Citation 9

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tax rate, federal debt, municipal bonds, inflation

The Relationship between Government Financial Condition and Expected Tax Rates Reflected in Municipal Bond Yields

National Tax Journal, Volume 50 Number 1 (March 1997)
Posted: 07 Jan 1998 Last Revised: 31 Jan 2019
Sangkyun Park
Independent

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8.

Portfolio Choice When Relative Income Matters

Number of pages: 15 Posted: 19 Sep 2007 Last Revised: 30 Oct 2008
Sangkyun Park
Independent
Downloads 67 (453,163)
Citation 1

Abstract:

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Consumption externalities, keeping up with the Joneses, herding, portfolio choice, asset price

9.

Healthcare Policies from the Perspective of the Theory of the Second Best

Public Policy: The Second Best, Political Compromise, and Social Welfare (Chapter 6), Amazon Kindle, 2019.
Number of pages: 30 Posted: 15 Jun 2018 Last Revised: 02 Jan 2021
Sangkyun Park
Independent
Downloads 57 (490,323)

Abstract:

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healthcare policies, health insurance, affordable care act, theory of the second best

10.

The Credit Crunch: A Forced Outcome, an Overreaction, or a Rational Response?

Number of pages: 30 Posted: 07 Nov 2010
Sangkyun Park
Independent
Downloads 48 (528,436)

Abstract:

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Credit Crunch, Capital Requirements, Basel Accord, Loan Performance

11.

Social Costs of Bank Capital Requirements in Relation to Lending Incentives

Number of pages: 29 Posted: 25 Sep 2012 Last Revised: 20 Feb 2013
Sangkyun Park
Independent
Downloads 33 (605,201)

Abstract:

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Capital Requirements, Social Costs, Welfare Costs, Option Value

12.

Design and Implementation of Federal Credit and Insurance Programs

Public Policy: The Second Best, Political Compromise, and Social Welfare (Chapter 5), Amazon Kindle, 2019.
Number of pages: 38 Posted: 29 Apr 2019 Last Revised: 02 Jan 2021
Sangkyun Park
Independent
Downloads 18 (709,531)

Abstract:

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government credit, catastrophe insurance, government sponsored enterprises, fair value budgeting

13.

Roles and Contributions of Federal Credit and Insurance Programs

Public Policy: The Second Best, Political Compromise, and Social Welfare (Chapter 4), Amazon Kindle, 2019.
Number of pages: 23 Posted: 27 Nov 2018 Last Revised: 02 Jan 2021
Sangkyun Park
Independent
Downloads 15 (734,158)
Citation 1

Abstract:

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government credit, subsidized loans, insurance policy, government sponsored enterprise

14.

Government Lending As a Tool to Mitigate the Effect of Asymmetric Information

Number of pages: 25 Posted: 03 Dec 2020 Last Revised: 17 May 2021
Sangkyun Park
Independent
Downloads 10 (779,180)

Abstract:

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Government Credit, Asymmetric Information, Adverse Selection, Investment Efficiency, Credit Rationing

15.

Stock Market Reaction to Recession and Buying the Dips

The Journal of Investing, Forthcoming
Posted: 18 Nov 2021 Last Revised: 09 May 2022
Sangkyun Park
Independent

Abstract:

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stock-market volatility, overreaction to recession, irrational fear, rational herding, market efficiency, buying the dips

16.

The P-E Ratio, the Business Cycle, and Timing the Stock Market

Journal of Portfolio Management 47(8), August 2021
Posted: 01 Apr 2020 Last Revised: 12 Aug 2021
Sangkyun Park
Independent

Abstract:

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stock-market performance, irrational exuberance, irrational fear, investor sentiment, market efficiency, market timing

17.

The Survey-Based Term Premium in Comparison to the Realized Term Premium

The Journal of Investing February 2019, 28 (1) 77-85
Posted: 19 Jul 2017 Last Revised: 03 Feb 2019
Sangkyun Park
Independent

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realized term premium, ex post term premium, survey-based term premium, interest rate forecast

18.

Screening Ability of Private Insurers in the Federal Crop Insurance Program

Sangkyun Park, (2019) "Screening ability of private insurers in the federal crop insurance program", Agricultural Finance Review, Vol. 79 Issue: 1, pp.107-118.
Posted: 23 Mar 2017 Last Revised: 30 Jan 2019
Sangkyun Park
Independent

Abstract:

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crop insurance, private information, asymmetric information, public private partnership

19.

Is Aggregate Consumer Borrowing Consistent with the Permanent Income Hypothesis?

Manchester School, Vol. 68, No. 3, June 2000
Posted: 22 Sep 2001 Last Revised: 17 May 2021
Sangkyun Park and Anthony P. Rodrigues
Independent and Federal Reserve Bank of New York

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20.

Consumer Rationality and Credit Card Pricing: An Explanation Based on the Option Value of Credit Lines

Managerial and Decision Economics Volume 25 Number 5 (July-August 2004)
Posted: 28 Jul 2000 Last Revised: 31 Jan 2019
Sangkyun Park
Independent

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21.

Market Discipline by Depositors: Evidence from Reduced-Form Equations

THE QUARTERLY REVIEW OF ECONOMICS AND FINANCE, Vol. 35, Special Issue
Posted: 13 Jul 1998
Sangkyun Park
Independent

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22.

Market Discipline by Thrift Depositors

Journal of Money, Credit and Banking, Vol. 30, No. 3, Part 1 (August 1998)
Posted: 06 Apr 1998
Sangkyun Park and Stavros Peristiani
Independent and Federal Reserve Bank of New York--Retired

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