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2024 SERI(Sungkyun Economic Research Institute) International Conference

2024 SERI(Sungkyun Economic Research Institute) International Conference The Sungkyun Economic Research Institute (SERI), in collaboration with the BK21 Four Education and Research Group in Economics (Director: Sung-Hyun Kim, Dean of the College of Economics), the Institute of Applied Statistics (Director: Chan-Min Kim, Professor of Statistics), and the ICT Innovation Talent 4.0 Project Group (Director: Eun-Il Park, Professor of Interaction Science), will host the "2024 SERI International Conference" on Friday, July 12, and Saturday, July 13, at Dasan Hall of Economics. Since 2018, the Finance International Academic and International Research Collaboration Project, initiated by Professor Ryu, has successfully invited Nobel laureates in economics (Myron Scholes, Robert Merton, Robert Engle), appointed editors of SSCI journals to faculty positions, hosted major international conferences, and facilitated joint education and research with prestigious overseas universities. The upcoming 10th International Conference will feature lectures and presentations from editors of internationally renowned SSCI journals in Finance/Economics and professors from prestigious international universities. Keynote speakers include Prof. Peter Szilagyi, Editor-in-Chief of the Journal of International Financial Markets, Institutions & Money (SSCI, IF=4) from EDHEC Business School; Prof. Jonathan A. Batten, Co-Editor of Finance Research Letters (SSCI, IF=10.4), a top 1% journal in Business/Finance; and Prof. Robert I. Webb, Distinguished Research Professor at the University of Virginia. Additionally, Prof. Sandy Suardi from the University of Wollongong, whose work has been cited in Senate hearings, European financial market expert Prof. Jens Müller-Merbach from Frankfurt University of Applied Sciences, and Rayn Moon, CEO of Newsy Stock, will deliver lectures. Approximately 60 academic research papers will be presented. Papers presented at the conference will have the opportunity to be published in the Investment Analysts Journal, an internationally renowned SSCI journal published by Taylor & Francis, where Prof. Doo-Jin Ryu serves as Editor. Event Details: ○ Date: Friday, July 12, 2024, 9:00 AM - 6:00 PM, and Saturday, July 13, 2024, 9:00 AM - 11:00 AM ○ Location: Room 32211, Dasan Hall of Economics, and Room 33402, Business School building, Sungkyunkwan University, Seoul, South Korea ○ Attachment: Call-for-Paper * All current students and alumni of Sungkyunkwan University are welcome to attend.
- 작성일 2024-06-18
- 조회수 2013
[Faculty] Seminar in Honor of Professor Chong S. Hong Held

Seminar in Honor of Professor Chong S. Hong Held Seminar in Honor of Professor Chong S. Hong took place on June 7, 2024, at Sungkyunkwan University, Seoul. This seminar was held to celebrate the achievements and contributions of Chong S. Hong as a researcher, mentor, and academic leader. Over eighty participants, Professor Hong's former students, collaborators, colleagues, and friends, gathered for this seminar. Since his appointment as an assistant professor at Sungkyunkwan University in March 1989, Professor Hong as been recognized by academia through active research activities and training of younger students. Sunghyun Kim, Dean of the College delivered a congratulatory remarks, “Thank you for taking time out of your busy schedule to attend this seminar. I would like to express my gratitude once again to Professor Hong for his hard work in Sungkyunkwan University and academia over the past 35 years.” Then, professor Chong S. Hong conducted a seminar on the topic "Geometry in Generalized Linear Models." The seminar began with an exploration of geometry using the Pythagorean theorem in the context of generalized linear models, which are crucial in the field of statistics. Professor Hong then proposed a novel method for visually representing all the information derived from confusion matrices, such as TPR, TNR, FPR, FNR, PPV, and NPV. These matrices are widely used in credit scoring and biostatistics, among other fields. He elaborated on the practical applications and benefits of this visual representation technique. Concluding the seminar, Professor Hong emphasized that geometry has been a consistent area of research in statistics and predicted that many more visual statistical analysis methods would be developed in the future. After the professor's seminar, Professor Dong-uk Kim delivered a plaque of appreciation and a bouquet of flowers as a representative of the participants. Then, the seminar ended with the group photo shoot.
- 작성일 2024-06-10
- 조회수 2410
[Research] SKKU Global Finance Research Center Hosts International Scholar Research Workshops(6/15)

SKKU Global Finance Research Center Hosts International Scholar Research Workshops The SKKU Global Finance Research Center, under the Sungkyun Institution of Economic Research at Sungkyunkwan University, holds a Research Workshop (Saturday Seminar) every Saturday, inviting renowned scholars and experts. On Saturday, June 15th, Professor Kyoung Jin Choi(University of Calgary) will present his research on “Portfolio Choice and Market Equilibrium under Standard of Living Preferences.” Professor Choi will also discuss students' papers and provide feedback on their research. Professor Choi holds dual Ph.D. degrees in mathematics and economics, having earned a Ph.D. in mathematics from KAIST, and a Ph.D. in Economics from Washington University in St. Louis. He has served as a Fellow at the Korea Institute for Advanced Study (KIAS) and is currently an Area Chair at the Haskayne School of Business, University of Calgary. Professor Choi is an authority in the fields of financial mathematics and financial economics, with numerous publications in top journals, including the Journal of Financial and Quantitative Analysis, Operations Research, and Mathematical Finance, which is considered the premier journal in mathematical finance. He has frequently presented at Sungkyunkwan University's international finance conferences organized by Professor Doo-Jin Ryu, Director of the Sungkyun Institution of Economic Research, with whom he has maintained research exchanges and international collaborations since their time at KIAS 20 years ago. This Saturday Seminar is open to all students affiliated with the Institute of Economic Research, the College of Economics (Departments of Economics, Global Economics, Statistics, and Trade), the BK21 Four Education and Research Group in Economics, and the ICT Innovation Talent 4.0 Project Group. Presentation Details: ○ Date: Saturday, June 15, 2024, at 9:30 AM (Student paper presentations begin at 8:30 AM) ○ Speaker: Prof. Kyoung Jin Choi (University of Calgary) ○ Topic: Portfolio Choice and Market Equilibrium under Standard of Living Preferences ○ Location: Room 32211, Dasan Hall of Economics 2F ○ Superviser: SKKU Global Finance Research Center (Director: Prof. Doo-Jin Ryu)
- 작성일 2024-06-07
- 조회수 2306
[Student] Undergraduate researchers, Ah-Hyun Kim and Won-Hee You, Published Papers in Q1 SSCI Journal

Undergraduate researchers, Ah-Hyun Kim and Won-Hee You, Published Papers in Q1 SSCI Journal ▲ (From left) Prof. Doo-Jin Ryu, undergraduate researchers Ah-Hyun Kim and Won-Hee You Undergraduate students Ah-Hyun Kim and Won-Hee You from the Department of Economics have each published papers in the Borsa Istanbul Review, a top-tier (Q1) SSCI journal in the Business/Finance field, published by Elsevier (Impact Factor = 5.2). A. Kim's paper, "Evolving roles of energy futures markets: A Survey," provides a comprehensive bibliometric analysis of research topics related to energy-related derivative financial products. This paper was co-authored with Robert I. Webb, an eminent research professor at the University of Virginia and senior research fellow at the Sungkyun Institute of Economic Research(SIER). W. You's paper, "ESG activities and financial stability: The case of Korean financial firms," uses panel analysis to confirm that ESG activities of financial institutions have a positive impact on the stability of domestic companies. Both students are participating as undergraduate researchers at the Global Finance Research Center of the Sungkyunkwan University’s Institute of Economic Research (Director: Doo-Jin Ryu). They are also enrolled in Professor Ryu's team research credit program and WAVE class. W. You expressed his joy, saying, "I am delighted that my first paper has been published in an SSCI journal. I am currently conducting follow-up research on corporate social responsibility (CSR) under the guidance of Professor Ryu and co-authoring with Professor Jens Müller-Merbach, a visiting research scholar at the Sungkyun Institute of Economic Research. I hope to present this research at an internationally renowned academic conference." A. Kim remarked, "I have heard that it is rare for a survey paper to be published in an SSCI journal. Through acquiring research methodologies accumulated at the Institute of Economic Research and conducting extensive bibliometric analysis, I was able to publish my paper. I am currently engaged in follow-up research using machine learning with Alexander Webb, a doctoral student at the University of Wollongong, as part of Professor Ryu's WAVE class. I plan to present our research findings during visits to Australia and the United States through this program." Details of Ah-Hyun Kim and Won-Hee You's published papers are as follows, Kim, A., Ryu, D., Webb, R.I. (2024). Evolving roles of energy futures markets: A Survey. Borsa Istanbul Review (SSCI), In-press, Elsevier Choi, S.Y., Ryu, D., You, W. (2024). ESG activities and financial stability: The case of Korean financial firms. Borsa Istanbul Review (SSCI), In-press, Elsevier
- 작성일 2024-05-31
- 조회수 1980
[General] Department of Quantitative Applied Economics Hosts 2024 Homecoming Day Event

Quantitative Applied Economics Department Hosts 2024 Homecoming Day Event On Saturday, May 25, from 6 PM, the Department of Quantitative Applied Economics at Sungkyunkwan University held the <2024 Homecoming Day Event> in the Fairmont Ambassador Seoul Hotel. The Department of Quantitative Applied Economics, established in 2020, aims to train specialists in economic data analysis and forecasting using the latest big data and machine learning techniques. It is the only specialized graduate program in South Korea that offers a tailored curriculum for professionals in institutions and companies needing expertise in data analysis. About 90 alumni and current students attended the Homecoming Day event, including around 40 graduates from the first to third cohorts and about 40 current students from the fourth and fifth cohorts. Distinguished guests included Kim Sung-hyun, Dean of the College of Economics, Han Chul-woo, Head of the Department of Quantitative Applied Economics, Professors Han Hee-joon, Park Min-soo, Kim Hyun-chul, Choi Jae-sung, and Kim Duk-gyoo. The event commenced with a welcome address from the representative of the fourth cohort student council, expressing gratitude to the professors and welcoming the alumni. This was followed by greetings and well-wishes from representatives of the third cohort alumni and the fifth cohort current students, emphasizing their hopes for the department’s continued growth and promotion. Kim Jae-hun, 4th President of student council, expressed his gratitude, saying, "Thanks to the guidance from our professors over the past year, I was able to gain fresh inspiration for my work and research, achieving great results. Additionally, the past year with my peers has left me with cherished memories. I hope this event helps build strong connections between alumni and current students that go beyond mere acquaintances." In his remarks, Han Chul-woo, Head of the Department of Quantitative Applied Economics, said, "I am especially grateful to the alumni who attended despite their busy schedules. I hope we can maintain strong relationships through frequent communication between alumni and current students." Following the speeches, representatives of the alumni and current students presented plaques of appreciation to the professors. Dean Kim Sung-hyun, who received a plaque, stated in his congratulatory speech, "This Homecoming Day is particularly meaningful as it marks my fourth time attending as Dean. I extend my heartfelt thanks to Professor Han and the many participating faculty members who played a significant role in establishing the Department. I also urge the alumni, especially those from the first to third cohorts, to remain actively involved and contribute to the department’s growth as part of our College community. Our faculty will continue to provide high-quality education and support to ensure that the Department remains the best in its field." The event concluded with a buffet dinner and a toast, providing an opportunity for alumni and current students to reconnect and strengthen their bonds through lively interactions.
- 작성일 2024-05-28
- 조회수 1669
[General] WAVE International Scholars’ Special Lecture and Mentoring Program Successfully Concluded

2nd WAVE International Scholars’ Special Lecture and Mentoring Program Successfully Concluded The Department of Economics at Sungkyunkwan University successfully concluded the WAVE International Scholar Lectures and the WAVE Tutorial/Mentoring Program. From Monday, May 20th to Saturday, May 25th, a week-long event was held featuring esteemed scholars: Eminent Research Professor Robert I. Webb from the University of Virginia, Professor Gilbert Park from Willamette University, Professor Maria Kim from the University of Wollongong, Professor Jens Müller-Merbach from Frankfurt University of Applied Sciences, and Professor Jin-young Yu from Xi'an Jiaotong-Liverpool University. These scholars visited Sungkyunkwan University to deliver lectures on Financial Economics, conduct face-to-face consultations, and provide guidance on student research papers. This program was supported by the Office of Academic Affairs (Director: Prof. Bae Sang-hoon), the BK21 Four Education Research Group of the Department of Economics (Group Leader: Prof. Kim Sung-hyun), the ICT Innovation Talent 4.0 Project Group (Head: Prof. Park Eun-il), and the Global Finance Research Center (Director: Prof. Ryu Doo-jin). Professor Ryu Doo-jin of the Department of Economics, who oversaw the WAVE lectures, stated, “Starting from the beginning of the semester, our students received online advice on presentation content, research topics, and methodologies from the five international scholars. These scholars then visited our university’s Global Finance Research Center to provide lectures, mentoring, and research guidance in person. In line with the center's purpose of the establishment to 『Fostering the Next Generation of Global Scholars』, we plan to have undergraduate and graduate students involved in the research project visit prominent international universities and institutions after this semester's WAVE classes conclude. This will facilitate further research discussions and expand international exchange and collaboration.”
- 작성일 2024-05-28
- 조회수 1434
[Student] Grand Prize and Excellence Award Won at the 14th DB Finance & Economics Contest

On May 21, students from SKKU, Kim Gyure and Sim Wooseok won the Grand prize at the <14th DB Finance & Economics Contest>, hosted by the DB Kim Joon Ki Cultural Foundation. They submitted a paper titled "The Impact of Differential Policies by Company Size on Corporate Growth." Additionally, Yang Jaehyeok and Lee Jin-kyu were awarded the Excellence Award in the 'Insurance/Banking' category for their proposal on "Emergency Budget Insurance Products in Response to Climate Risks." This contest aims to enhance the interest of university (graduate) students nationwide in the insurance and finance fields and to foster future talented individuals. This year, a total of 424 teams participated, with scholarships awarded as follows: one team received the Grand prize of 5 million KRW, three teams received the Excellence award of 3 million KRW each, five teams received the merit award of 3 million KRW each, ten teams received the Encouragement award of 1 million KRW each, and 51 teams received the honorable mention of 500,000 KRW each. The grand prize-winning team and the three excellence award-winning teams will have the opportunity to visit prestigious financial institutions such as Goldman Sachs, JP Morgan, BlackRock, and Kohlberg Kravis Roberts (KKR) in the United States. Kim Gyure, who won the grand prize, expressed his gratitude by saying, "I am grateful to the professors at the Quantitative Laboratory who always strive to teach us more. I believe that their guidance helped us achieve this result. Despite numerous trials and errors, I learned a bit about the rewarding process of research. I consider this not as an end but as an opportunity, and I will continue to do my best." Sim Wooseok, who also won the grand prize, shared his thoughts, "I participated in the contest to earn creative credits, and I am delighted with the great outcome of winning the grand prize. I gained much more from the preparation process than the result itself. The process of facing and overcoming obstacles was an opportunity for significant growth. I encourage other interested students to take on the challenge." Yang Jaehyeok, who received the excellence award, said, "From collecting statistical data to calculating insurance premiums, stepping out of theoretical models and performing practical tasks helped me solidify my career path in actuarial science. Although I initially feared writing the paper and presenting it, I overcame these fears by preparing with my team. The process itself was a valuable learning opportunity, and I feel a sense of pride and accomplishment from achieving a good result."
- 작성일 2024-05-28
- 조회수 1417
Department of Economics Conducts Tutorial Session & Mentoring Program in Collaboration with WAVE

Department of Economics Conducts Tutorial Session & Mentoring Program in Collaboration with WAVE (May 21-23) - Featuring Professors Jonathan Batten, Maria Kim, Jens Müller-Merbach, Alexander Webb, and Robert Webb
- 작성일 2024-05-28
- 조회수 1135
[Alumni] Global Economics Alumni Special Lecture Series (Law School/Legal Professionals Edition)

The Department of Global Economics held the first career talk for alumni (Law School/Legal Professionals Edition) on May 9th at 7 PM in Room 9B217 of the International Building. This career talk was organized for students of the Global Economics Department interested in legal careers. The speakers included alumni Kwanjoo Kim (currently attending our Law School, Global Economics 19) and Soohyun Oh (Approach Law Office, Global Economics 09). Alumnus Kwanjoo Kim provided an overview of the entire law school admissions process, including the LEET, university grades, personal statements, and interviews. He shared practical information that could benefit students aspiring to enter law school, such as effective study methods for the LEET. Additionally, alumnus Soohyun Oh discussed the detailed career paths available to legal professionals after graduating from law school, which are not widely known to students. She shared her personal experiences and offered advice on what students need to do to become competitive in the legal field. A participating student commented, "It was great to hear specific experiences from professionals that are hard to find with just surface-level information. I was also really grateful that the alumni provided their contact information and encouraged us to reach out anytime we had questions or needed help." Another student shared, "Listening to someone currently attending law school and someone working in the field after graduating provided more detailed insights. It was a really valuable experience, as we received advice that isn't easily accessible elsewhere." The second career talk for alumni of the Global Economics Department is scheduled for Thursday, May 23, and will feature speakers from the financial sector. The Head of the Global Economics Department remarked, "We are very grateful that our alumni are willing to dedicate their time to participate in these career talks. I hope that current students will use the information and networking opportunities with professionals to help set their career paths." The Global Economics Department plans to continue organizing various seminars and talks to assist students in their career planning.
- 작성일 2024-05-28
- 조회수 1254
The College of Economics' WAVE Course: Financial Economics, 2nd Invited Lecture by Overseas Scholars

The College of Economics' 2nd WAVE Course will be Held ▲ (From left) Professor Ryu Doo-jin, Professor Robert Webb, and Professor Maria Kim Tuesday, May 21, 2024, Professor Robert Webb(University of Virginia) (lecture: The housing affordability crisis: Causes, potential solutions, and the efficiency of policy responses) and Professor Maria Kim(University of Wollongong) (lecture: Sustainable investing: Who are the players and where are we heading to?) will visit our university to give special lectures. Students who are taking Professor Ryu's Financial Economics class and SKKU Global Finance Research Center researchers(Jonathan Batten and Alexander Webb) will participate in this lecture and interact with together. Professor Jens Müller-Merbach(Frankfurt University of Applied Sciences), a visiting scholar at our university's Sungkyun Institute of Economics Research(SIER), will host a Q&A session as Discussant. Professor Ryu Doo-jin said, "Based on this WAVE class, students will challenge to publish papers in international prestigious SSCI academic journals through the Joint Research Project with students of oversea universities and scholars in connection with the SKKU Graduate Team's team research credit program. In addition, they will visit prestigious universities to promote academic exchanges and international cooperation research. We will give these opportunities for any students in our school." ○ Date and time: Tuesday, May 21, 2024 at 18:00 ○ Place: Live Virtual Studio (No. 33203), Business School Building, Humanities and Social Sciences Campus, Seoul, Korea ○ Speaker1(On-site): Robert Webb (University of Virginia) ○ Speaker2(On-site): Maria Kim (University of Wollongong) ○Zoom: https://us02web.zoom.us/j/5216726975?pwd=ckZrdFhOUUhReGRjRjZuNC8vWndsUT09
- 작성일 2024-05-14
- 조회수 1549