Hyeok Jeong, Ph.D. in Economics from University of Chicago, worked at the Economics Department of University of Southern California and Vanderbilt University in the United States, at the National Graduate Institute for Policy Studies (GRIPS) in Japan, and also at the KDI School of Public Policy and Management in Korea, before he joined the faculty of Graduate School of International Studies at the Seoul National University in 2015, where he works now. Professor Jeong’s core research areas are economic growth and development, income distribution dynamics, human capital, and finance. His recent research agenda include understanding Korea’s development process of the past and future, demography and economy, sustainable global development, balanced regional development, technology innovations and urban development, macroeconomic dynamics of land and housing, firm dynamics and international trade, higher education reform, North Korean economy, and international development cooperation issues such as knowledge sharing and development finance to facilitate the global development. He has served public domains by consulting Korean government and public agencies (Blue House, Office of Prime Minister, Ministry of Economy and Finance, Ministry of Foreign Affairs, Ministry of Land, Infrastructure, and Transport, Ministry of Unification, Bank of Korea, Export-Import Bank of Korea, and Korean Chamber of Commerce and Industry) as well as the US public agencies (National Committee on American Foreign Policy), international agencies (World Bank, UNESCAP, UNFPA, OECD DAC), and various government agencies of developing countries including Bangladesh, Brazil, Cambodia, India, Indonesia, Kazakhstan, Nepal, Papua New Guinea, Saudi Arabia, Thailand, and Zambia.
Mar. 2015 – present
Seoul National University, Professor, Graduate School of International Studies
Sep. 2016 – present
Seoul National University, Director of Center for International Development Strategy (CIDS) of Institute of International Affairs
2020 – present
Seoul National University, Director of SNU International Studies Library
2022 – present
Seoul National University, Chair of International Development Major of Graduate School of International Studies
2021 – 2023
2020 – 2022
Seoul National University, Chair of International Commerce Major of Graduate School of International Studies
Sep. 2016 – 2022
Seoul National University, Director of Development Cooperation Policy Program of Graduate School of International Studies
March 2015 – 2016
Seoul National University, Associate Dean of International Affairs of Graduate School of International Studies
2013- Jan. 2015
KDI Center for International Development (CID), Director of Development Research Division
2011 – 2012
KDI School of Public Policy and Management, Director of Capacity Building Team
2011- Feb. 2015
KDI School of Public Policy and Management, Associate Professor
2011 – 2013
National Graduate Institute for Policy Studies (GRIPS), Associate Professor, 2010- 2011, Adjunct Associate Professor
2010 – 2011.
Foundation for Advanced Studies on International Development (FASID), Faculty Fellow
2007 – 2010
Vanderbilt University, Assistant Professor, Economics Department
June 2007
Institute of Empirical Macroeconomics of the Federal Reserve Bank of Minneapolis, Visiting Scholar
Fall 2005
UCLA, Visiting Scholar, California Center for Population Research and Economics Department
Fall 2003
University of Chicago, Visiting Assistant Professor, Population Research Center and Economics Department
2000 – 2007
University of Southern California, Assistant Professor, Economics Department
1998, 2019-2020
World Bank, Consultant Economist
1997 – 2000
University of Chicago, Lecturer, Economics Department
June 2000
University of Chicago, Chicago IL, Ph.D. Economics
February 1991
Seoul National University, Seoul Korea, BA Economics(Summa Cum Laude)
- 1. International Development
– Empirical Quest for ODA Effectiveness
– Development Finance and Global Development
– International Cooperation for Industrial and Structural Transformation
– Alignment of Development Cooperation with Development Needs for SDG
– Migration and Refugee Policy
- 2. Economic Growth and Inequality
– Impacts of Finance, Human Capital and Technology on Economic Growth and Inequality
– Trade-Innovation Matching for Economic Growth
– Innovation Network and Global Supply Chains
– Local Extinction, Regional Development and Spatial Values
– Economic Changes under Fundamental Demographic Transformation
– Urban Development and Smart City
– Impacts of ESG on National and Firm Level Performance
– Economic and Social Polarization
– Technology Divide
– Virtual Economy and New Economic Order
- 3. Korean Economy
– Long-term Transformation of Korean Economy
– Institutional Reforms for Future Korea
– Knowledge Sharing of Korean Development Experience
– North Korean Economic Openness Reforms and Development
[Published]
- 1. “경험자본-노동 보완성과 노동시장 인구구조 변화가 한국경제 성장과 분배에 미친 효과,” 『한국경제의 분석』, 28권 3호, pp. 39-109, 2022.
- 2. “A Conditional Gini: Measure, Estimation, and Application,” with Christian Ahlin, Journal of Economic Inequality,19: 363-384, 2021.
- 3. “북중무역이 북한경제에 미치는 경제적 후생효과에 대한 정량분석과 북한 비핵화 전략 시사점,” 『국제지역연구』 29권 3호 가을, pp. 169~201, 2020.
- 4. “Productivity Growth and Efficiency Dynamics of Korean Structural Transformation,” World Bank Policy Research Working Paper, No. 9285, June 2020.
- 5. “북한경제 대외개방과 무역의 이익 수량적 추정,” 한국경제의 분석, 제25권 제3호, 12월, pp. 63~116, 2019.
- 6. “Demographic Change in the Republic of Korea: Policy Lessons for Other Asia-Pacific Countries,” Social Development Working Papers 2019-08, United Nations ESCAP, 2019.
- 7. “Analysis of Korea’s Long-Term Growth Process and Lessons for Sustainable Development,” Korean Economic Review, 34 No. 2, July 2018.
- 8. “북한경제의 대외개방에 따른 경제적 후생변화 분석,” 최창용, 최지영 공저, BOK 경제연구, 5월호, 2018.
- 9. “Finance, Growth, and Inequality: New Evidence from Panel VAR Perspective,” Seoul Journal of Economics, 31 No. 2, May 2018.
- 10. “북한이탈주민의 취업, 소득 및 인적자본 형성에 관한 이해와 정책함의,” KDI 북한경제리뷰, 4월호, 2018.
- 11. “유상원조와 무상원조의 개발효과성에 대한 비교 연구,” 김홍기 공저, 경제연구, 36권 1호, pp. 1-27, 2월, 2018.
- 12. “삼각협력과 국제개발협력 전략,” 국제지역연구, 26권 4호, pp. 213-236, 12월, 2017.
- 13. “Korea’s Growth Experience and Long-term Growth Model,” World Bank Policy Research Working Paper Series #8240, November, 2017.
- 14. “한국 소득불평등 구조의 실증적 이해와 포용적 성장전략에 대한 제언,” 『소득분배와 경제성장』 제3장, 경제인문사회연구회 미래사회 협동연구총서 17-07-01.
- 15. “Firm Level Heterogeneity and the Aggregate Disconnect between Exchange Rates and Exports,” with Robert Dekle and Heajin Ryoo, Economic Record, 92 No. 298: 435-447, 2016.
- 16. “대외개방정책과 수출품목의 동태적 변화가 생산성 향상과 구조전환을 통해 한국 경제발전에 미친 효과에 관한 분석,” 『개방과 발전』 제3장, KDI 연구보고서 2016-02, 2016.
- 17. “한국인의 역량: 실증분석과 개혁과제,” 13인 공저, 한국경제포럼, 2016, 4월 봄호.
- 18. “ODA 규모 결정요인 실증분석과 한국에의 적용,” 국제지역연구, 25(1), 6월, 2016.
- 19. “금융발전, 경제성장, 소득불평등의 실증적 관계와 한국경제에의 정책함의,” 한국경제포럼, 8권 4호, 1월, 2016 겨울호.
- 20. “한국인의 역량과 연령: PIAAC 데이터의 실증분석,” 『한국인의 역량: 실증분석과 미래전략』 제1장, KDI 연구보고서 2015-08, 12월, 2015.
- 21. “한국의 구조전환과 경제발전 관계에 대한 거시경제 이론적 고찰 및 실증 분석,” 『농업부문 개발과 구조전환을 통한 한국경제 발전』 제2장, KDI 연구보고서 2015-02, 2015.
- 22. “The Price of Experience,” with Yong Kim and Iourii Manovskii, American Economic Review, 105(2): 784-815, 2015.
- 23. “한국은 인적자본 일등국가인가?“, 『인적자본정책의 새로운 방향에 대한 종합연구』 제1장, KDI 연구보고서 2014-08, 2014.
- 24. “Legacy of Khmer Rouge Regime on Skill Formation in Cambodia,” Journal of International and Area Studies, V. 21 No. 1, pp. 1-19, 2014.
- 25. “Complementarity and Transition to Modern Economic Growth,” with Yong Kim, E. Journal of Macroeconomics, May, 2014, (Ahead of Print Online Publication at http://www.degruyter.com/printahead/j/bejm).
- 26. “Testing Solow’s Implications on the Effectiveness of Development Policy,” KDI Journal of Economic Policy, V. 36 No. 1, pp. 107-126, 2014.
- 27. “Features of Korean ODA System and Suggestions for Its Improvement,” Journal of Korea’s Development Cooperation, (Korean) No. 4, pp. 3-50, 2012.
- 28. “Inquiry into Effective Development Policy from Economic Growth Theory’s Perspectives,” Journal of Korea’s Development Cooperation, (Korean) No. 2, pp. 3-16, 2012.
- 29. “Growth and Inequality: Model Evaluation Based on an Estimation-Calibration Strategy,” with Robert M.Townsend, Macroeconomic Dynamics, Volume 12, pp. 231-284, 2008.
- 30. “Assessment of Relationship between Growth and Inequality: Micro Evidence from Thailand,” Macroeconomic Dynamics, Volume 12, pp. 155-197, 2008.
- 31. “Sources of TFP Growth: Occupational Choice and Financial Deepening,” with Robert M. Townsend, Economic Theory, Volume 32, Number 1, pp. 179-221, 2007.
[Ongoing Projects]
- 1. “Measured Gains from ESG on National Productivity Growth and Firm-level Profitability,” 2024.
- 2. “Korean National Innovation System,” 2024.
- 3. “Long-term Forecast of the Impacts of Demographic Transformation on Korean Economy,” 2024.
- 4. “Trade-Innovation Alignment and Economic Growth,” with Woosik Yu, 2024.
- 5. “Empirical Quest for Development Effectiveness,” with Jean Lee, 2024.
- 6. 개발도상국의 지속가능발전을 위한 사업발굴 체계와 전략 연구, 2024.
- 7. 개발금융 활용을 통한 통상협정의 신흥국 협력사업 강화 방안, 2024.
- 8. “Consequences of Outward FDI on Domestic Employment and Skill Composition,” with Woosik Yu, 2023.
- 9. “Productivity Growth and Efficiency Dynamics of the Long-term Economic Growth of Korea,” updated mimeo, 2023.
- 10. “북한경제 대외환경 변화와 무역구성 변화 관계 고찰을 통한 한반도 통일전략에 관한 연구,” 2018.
- 11. “삼각협력 주축국 선정 실증분석과 한국 개발협력 전략에의 적용,” 2018.
- 12. “Dynamics of Firms and Trade in General Equilibrium,” with Robert Dekle and Nobuhiro Kiyotaki, 2018.
- 13. “Global Prosperity Sharing: A Model of Sustainable and Effective International Development Cooperation,” mimeo, 2017.
- 14. “Experience-Labor Complementarity and Cross-country Transition Dynamics,” with Yong Kim, 2016.
[Books]
- 1. Human Capital and Development: Lessons and Insights from Korea’s Transformation, with Ju-Ho Lee and Song Chang Hong, Edward Elgar, Foreword by Rt. Hon. Gordon Brown, May 2018.
- 2. Studies on Promotion Plans of Triangular Cooperation in Korean Development Cooperation, National Research Council for Economics, Humanities, and Social Sciences, Joint Research Series 14-41-01, 2014.
- 3. Korean Economic Development from Agriculture Sector Development and Structural Transformation, KDI Research Monograph, 2015.
[Policy Research]
- 1. 「한국 인구소멸 지역 실증진단: 인구구조 변화 대 인구이동」, 서울대학교 시장과 정부 연구센터, 연구보고서, 2024.
- 2. 「경제활동 공간밀도와 직업 구조가 인구구조 지역 분포에 미치는 영향 분석과 부동산 가치와 성장정책 함의」, 서울대학교 금융경제연구원, 연구보고서, 2023.
- 3. 「한국경제 공간분포 관점 부동산 시장 실증분석」, 서울대학교 시장과 정부 연구센터, 연구보고서, 2023.
- 4. 「확률형 아이템이 게임 경제 후생에 미치는 영향에 관한 이론적 고찰」, PM, 넥슨, 연구보고서, 2023.
- 5. 『새마을금고 국제개발협력사업의 SDG 글로벌 기여 전략』, PM, 새마을금고중앙회, 2023.
- 6. 『The Use of Capital Flow Management Tools for Promoting Economic Development of Kazakhstan 』, BOK Knowledge Partnership Program with Kazakhstan, PM, 한국은행, 2023.
- 7. 「한국 부동산 시장 거시경제 실증 분석과 정책 함의」, 서울대학교 시장과 정부 연구센터, 연구보고서, 2022.
- 8. 『새마을금고 국제개발협력 사업 고도화 방안』, PM, 새마을금고중앙회, 2022.
- 9. 『재정비전 2050』, PM, 기획재정부, 2022.
- 10. 『Property Market Risk Monitoring Framework of Cambodia』, Knowledge Sharing Program(KSP) with Cambodia, PM, KDI, 2022.
- 11. 「메이플스토리 경제특성 분석」, 공동연구원, 넥슨, 연구보고서, 2022.
- 12. 『새마을금고 북한개발협력 사업』, PM, 새마을금고중앙회, 2021.
- 13. 『FX Transaction Monitoring and Market Stabilization Measures』, BOK Knowledge Partnership Program with Cambodia, PM, 한국은행, 2021.
- 14. 『부동산 안정화 정책 실효성 제고 이론 및 실증분석』, 대통령직속 정책기획위원회 연구보고서, PM, 2021.
- 15.『개발금융 활성화를 위한 기반 구축 방안』, 한국수출입은행 EDCF, PM, 2021.
- 16. 「한국과 신남방 지역 ODA 주요 공여국 비교우위 및 규모 경쟁력 비교분석과 신남방정책 함의」, KIEP 연구보고서, 2021.
- 17. 『코로나사태 이후 국제질서 변동과 한반도 평화프로세스- 신남북방 정책을 중심으로』, PM, 통일연구원, 2020.
- 18. 『Monetary Operations and FX Policy』, BOK Knowledge Partnership Program with Cambodia, PM, 2020.
- 19. 『글로벌 가치사슬 관점 코로나19의 한국경제 임팩트 진단』, 시장과 정부 연구소, PM, 2020.
- 20. 『국가경쟁력 제고를 위한 거시정책 Framework』, 공동연구원, 기획재정부, 2020.
- 21. 『분야별 지출구조조정 작업반 지출효율화 방안』, PM, 외교∙통일분야, 2020.
- 22.『동남아 개발협력 효과성 제고에 관한 소고: 개발효과성과 경제협력 유기적 연계를 통한 상생발전 관점』, PM, 한국수출입은행 EDCF, 2019.
- 23. 『2019–2023 국가재정운용계획』 중기재정 작업반, 외교∙통일 분과, 분과위원장, 2019.
- 24.「Perspectives and Key Issues of Interbank Market Development of Cambodia」, 『캄보디아 은행간 시장 발전방안』 제1장, 공동연구원, 한국은행 KPP 정책자문, 2019.
- 25. Demographic Dividend with a Gender Dimension: The Case of the Republic of Korea, Consultant, UN ESCAP, 2019.
- 26. 『다자협력 성과 제고 방안 연구』, PM, 국무조정실, 2019.
- 27. Advanced Sectoral Growth Tool and Extensions of the Long-Term Growth Model, Consultant, Global Facility on Growth for Development, World Bank, 2018.
- 28. 『글로벌 개발협력 환경변화에 따른 유상원조 역할 재조명과 한국 ODA 추진체계 발전방향』, PM, 한국수출입은행 EDCF, 2017.
- 29. 「유상원조의 수원국 개발효과성」, 『유상원조의 경제성 효과 분석』 4장, 한국수출입은행 EDCF, 2016.
- 30. Long-Term Growth in the Face of Macroeconomic Constraints, Global Facility on Growth for Development, World Bank, 2016.
- 31.「북한이탈주민의 취업, 소득 및 인적자본 형성에 관한 이해와 정책함의」, KDI 비공개 연구보고서, 2016.
- 32. 『EU 지식공유사업 체계가 한국의 개발협력 전략수립에 주는 함의에 관한 연구』, PM, KDI CID, 2016.
- 33. 『2016–2020 국가재정운용계획』 중기재정 작업반, 외교∙통일 분과, 분과위원장, 2016.
- 34. 「중장기 경제어젠다 지수개발 방법론 연구」, 대한상공회의소, 2016.
- 35. Nuts and Bolts of the Aid for Vocational Education: Insights from a Good Practice, Background Research Paper for Education Commission, International Commission on Financing Global Education Opportunity, 2016
- 36. 「중장기 양허성차관 선진화 방안: 한국 ODA의 금융협력 활성화」, PM, 한국수출입은행 EDCF, 2016.
- 37. 「삼각협력을 활용한 우리나라 ODA 발전방안」, PM, 국무조정실, 2015.
- 38. 「한국 ODA 민간협력 활성화 방안」, 2015–2019 국가재정운용계획 중기재정 작업반, 외교∙통일 분과, 2015.
- 39. 「KSP 체계 개선방안」, PM, 기획재정부, 2014-2015.
- 40. 「캄보디아의 지속가능한 성장을 위한 교육개혁: 고등교육을 중심으로」Cambodia 지식공유사업 (KSP), 2014-2015..
- 41. 「개발금융 도입을 통한 한국의 개발협력체제 발전 방향에 대한 고찰」, PM, 한국수출입은행 EDCF, 2013.
- 42. 「캄보디아의 기술인력 부족 및 수급불일치 문제 분석과 정책 제언」Cambodia 지식공유사업 (KSP), 2013-2014.
- 43. 「한국 ODA 현황과 중기재정계획을 위한 적정규모 전망」, 2013–2017 국가재정운용계획 중기재정 작업반, 외교∙통일 분과, 2013.
- 44. 「캄보디아 노동시장 숙련기술 인력 수요 평가」Cambodia 지식공유사업 (KSP), 2012-2013.
- 45. 「한국형 ODA를 위한 원조체제 강화 방안」, PM, 한국수출입은행 EDCF, 2012.
- 46. Microeconomics of Income Distribution Dynamics in East Asia and Latin America, Joint IDB-World Bank Project, Consultant Economist, PI: Francois Bourguignon, World Bank, 1998-2000.
