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- [Research] Won the First Prize in FIS field at 2024 Winter Conference Hosted by Korean Insurance Academic Society
- SKKU students research team(Adviser: Jinhyung Lee), consisting of Seungju Bae, Minju Lee, and Byoungwoon Youn, won the First Prize under the guidance of Professor Jinhyung Lee in FIS category of the 2024 Winter Conference held by the Korean Insurance Academic Society. The research team conducted a study under the topic “The impact of the case payment system on legal copayment and new private insurance subscriptions: focusing on Cataract Surgery.” The meaning of this study is to analyze the relationship between the Korea's public system and private insurance in a new perspective and present the role of private insurance in Korea in the future. Seungju Bae, the Research team leader, said “It was a big challenge to research and present at the conference as an undergraduate student. But thanks to the guidance Professor Lee and other team members, I was able to learn many things and even received the first prize.”
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- 작성일 2024-03-26
- 조회수 115
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- 2024 Economics Freshman Orientation Held
- The Department of Economics held the "2024 Economics Major Freshman Orientation" at the Songchu Crown Haitai Training Center in Yangju, Gyeonggi-do, from February 15th to 16th. This event was held for students entering the Department of Economics in 2024 to help school life. It was organized by student council of Department of Economics working in collaboration with the administrative office of College of Economics. In particular, unlike previous years' events, it was held in the form of a 1 night 2 days workshop for the first time since 1948. Junghwa Park ,a temporary student president, hosted the event and 5 faculty members, including Hyunchul Kim, Chair of Department of Economics, also attended to add an occasion. The event began with a welcome speech from the Chair of Department of Economics. Since then, various information for school life has been shared, including introduction of departments and curriculum guidance, scholarship system and how to design career, introduction of academic activities, and giving a welcome kits. After that, students had recreation and talent show to promote friendship.
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- 작성일 2024-03-26
- 조회수 93
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- 2024 College of Economics Winter Commencement Ceremony Held
- 2024 College of Economics Winter Commencement Ceremony was held on February 19 (Mon) in Jo Byungdu Hall on the 5th floor of the 600th Anniversary Hall. With the school flag at the head, Sunghyun Kim (Dean of College of Economics), Byungsun Min (President of College of Economics Alumni Association), Kiyeon Kim(Secretary General of College of Economics Alumni Association) Jaesung Choi (Chair, Department of Global Economics), Jaejik Kim (Chair, Department of Statistics), Hyunchul Kim (Chair, Department of Economics), Professor Ho-yeon Kim, Professor Junsang Lee, Professor Dukgyoo Kim, Professor Keunbaik Lee, Professor Keeyoung Rhee, and Professor Yeonha Jung attended the event. In particular, all graduates who attended the commencement ceremony had time to receive their degree certificates directly from the dean of College of Economics. A total of 248 students were awarded degrees at the ceremony, with 199 bachelors, 45 masters, and 4 doctors. Sunghyun Kim, Dean of College of Economics, said, “Graduation is not an end but a new beginning. The seniors who graduated earlier will lead you, and the professors will show support for your success. And once again, congratulate to all students who graduated safely at a difficult time.” In addition, the valedictorians, Jeongseok Bang (Master in Economics) and Song Kim (Bachelor in Economics), expressed their will “Let's move forward confidently to the future.” Many parents and acquaintances, and faculty attended the ceremony and the event ended successfully as graduates thanked their parents and professors and threw their caps in the sky.
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- 작성일 2024-03-25
- 조회수 92
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- Special lecture given by Prof. Myron Scholes, Nobel Laureate in Economics
- Special lecture given by Prof. Myron Scholes, Nobel Laureate in Economics World Enlightening Sungdae Myeongnyun Special Lecture - Invitation of overseas scholars such as Nobel laureate scholars and diagnosis of Korean economy and society - Leading a future education model by combining contents with renowned professors from foreign universities The Office of Academic Affairs, BK21 Education Research Center of College of Economics, and SKKU Nobel Prize Candidate Sponsorship Committee is holding a special lecture given by Professor Myron Scholes (Stanford University), Nobel Prize Laureate in Economics, on September 7 (Wed) at 10 a.m. in the first conference room of the 600th Anniversary Hall. The purpose of Sungdae Myeongnyun lecture is to spread the school philosophy of 인의예지 (Benevolence, Righteousness, Propriety, Wisdom) and to produce premium lecture that cultivates the personality of students and leads the education of community spirit by inviting local and international scholars and opening it up to the public. Scholes is the originator of the Black-Scholes-Merton model and Nobel laureate in Economic Sciences for proposing an innovative model that changed the paradigm of the pricing theory of derivatives. The topic of this special lecture is "The Future of Finance," which begins with a congratulatory speech by Chairman Kim Junyoung. Shortly after the lecture, economists from SKKU including Sunghyun Kim (Dean of College of Economics), Prof. Younghan Kim (College of Economics), and the senior researchers at SKKU’s Economics Research institute, Prof. Robert Webb (University of Virginia), and Prof. Jonathan Batten (Royal Melbourne Institute of Technology/Editor-in-chief, Journal of International Financial Markets, Institutions and Money, SSCI) will join the Q&A session. Additionally, undergraduates attending the lecture are also given a chance to ask questions. Any member of our university (students, professors, employees, alumni) can attend the special lecture given by the Nobel Laureate online through Zoom. Professor Dujin Ryu of the economics department, who organized the event, said, "Robert Merton, the Nobel Prize winner in Economic Sciences, visited Sungkyunkwan University in 2019 to discuss lectures and international cooperation, and the Nobel Laureates’ special lecture, which got canceled due to COVID-19, has restarted now. Our university has invited both Nobel laureates who invented the Black-Scholes-Merton model, the most famous theory in finance and finance (except for late Professor Fisher Black, due to the statutes of the Nobel Committee on posthumous awards). We will continue to support special lectures and research cooperation from scholars abroad, and in particular, we hope that our university students will actively participate to get inspired for the direction of world-class research." [Lecture Information] Date: 2022. 9. 7. (Wed) 10:00~11:30 (90 minutes) Method: Online/Offline Hybrid Lecture (Zoom Live Streaming) ※ Zoom URL https://us02web.zoom.us/j/7766237789?pwd=SDRHZjJWdTdvUjB5OTZiZ1Awbkp6Zz09
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- 작성일 2022-09-02
- 조회수 2335
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- 2022 College of Economics Summer Commencement Ceremony Held
- 2022 College of Economics Summer Commencement Ceremony Held 2022 College of Economics Summer Commencement Ceremony was held on August 23 (Tue) in Jo Byungdu Hall on the 5th floor of the 600th Anniversary Hall. It was the first offline ceremony in three years since 2019, and was held as a meaningful celebration. With the school flag at the head, Sunghyun Kim (Dean of College of Economics), Jaehong Choi (President of College of Economics Alumni Association) Dongwon Lee (Chair, Department of Global Economics), Minsu Park (Chair, Department of Quantitative Applied Economics), Hyunchul Kim (Chair, Department of International Trade), Professor Jinhyung Lee, and Professor Jaesung Choi. In particular, all graduates who attended the commencement ceremony had time to receive their degree certificates directly from the dean of College of Economics. A total of 216 students (excluding 17 students from the Department of Quant Applied Economics) were awarded degrees at the ceremony, with 152 undergraduate students, 58 masters, and six PhDs. Sunghyun Kim, Dean of College of Economics, said, "The knowledge and experiences I saw and learned at this school will be a foundation for success," and once again congratulated them on their meaningful graduation after finishing university life safely during difficult times. In addition, the valedictorians, Jinyeong Yoo (Ph.D. in Economics) and Yoonbin Kim (undergraduate in Economics), expressed their strong will to “challenge with the mindset that we can start again even if there are various obstacles in the future.” Many parents and acquaintances including faculty members of the College of Economics, attended the ceremony and the event ended successfully as graduates thanked their parents and professors and threw away their hats.
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- 작성일 2022-09-02
- 조회수 2293
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- The 1st KWEN(Korean Women Economists Network) Summer Workshop
- BK21 Education Research Center of College of Economics holds the 1st KWEN(Korean Women Economists Network) Summer Workshop BK21 Education Research Center of the College of Economics (Director: Sunghyun Kim, Dean of College of Economics) held the first KWEN Summer Workshop on June 14th (Tue) at Dasan Hall of Economics. The Korean Women Economists Network (KWEN) is a group of overseas Korean female economists, created in 2018 for academic exchange and networking of Korean female economics professors working at universities or research institutes in Korea and abroad. At the Seoul meeting, many female economists including Prof. Yoosoon Chang (Indiana Univ.), Dr. Jihee Hong (IMF), Prof. Soojin Kim (Georgia State Univ), Prof. Soojin Jo (Yonsei Univ), and Prof. Suryun Lee (Chung-Ang Univ) presented their papers and had discussions about them. Also, there were mentoring sessions on studying abroad or getting jobs at foreign universities for female students who are attending graduate schools of economics or currently studying abroad. The participants said they had a satisfactory time sharing useful information and various experiences as women studying abroad or studying economics in Korea, where female economics professors are extremely rare. BK21 Education Research Center plans to continue to provide such opportunities for female economists to network and exchange information.
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- 작성일 2022-06-16
- 조회수 2650
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- Prof. SeungDuck Lee's article, selected to feature in Wiley’s Research Headlines
- Prof. SeungDuck Lee's article about 'CBDC', selected to feature in Wiley’s Research Headlines Wiley, publishing summaries of the most newsworthy research from more than 1,600 journals nominated by WEAI(Western Economic Association International) has selected 'Central bank digital currency, tax evasion, and inflation tax' written by Prof. Seungduck Lee (Department of Economics) as Wilely's Research Headlines. Wiley post the research summaries on the Wiley Newsroom, share on EurekAlert (a science newswire that provides exposure to more than 14,000 reporters from 90+ countries), and amplify on @WileyNews with more than 4,700 followers. (https://newsroom.wiley.com/press-releases/press-release-details/2022/Can-introducing-a-central-bank-digital-currency-improve-social-welfare/default.aspx) ※ Abstract: Can introducing a central bank digital currency (CBDC) improve social welfare? We construct a dual currency model to study whether CBDC with a record‐keeping technology can reduce tax evasion incentives in cash transactions and further achieve better allocations than a cash‐only economy with respect to fiscal arithmetic. We show that when there is inefficiency associated with tax evasion in cash transactions, introducing CBDC with strictly positive interest can remove the inefficiency and thus improve welfare by discouraging tax evasion and rewarding tax payments. This beneficial effect of the CBDC depends on the central bank's fiscal role. Full paper: https://onlinelibrary.wiley.com/journal/14657295
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- 작성일 2022-05-26
- 조회수 2558
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- 2022 Spring Semester Wooseok Chung Ho Scholarship Awards Held
- 2022 Spring Semester Wooseok Chung Ho Scholarship Awards Held The 10th Wooseok Chung Ho Scholarship Awards was held on April 22 (Fri) in the Sohyang Lecture Room on the 6th floor of the 600th Anniversary Hall. Seojin Chung, the president of Hwashin and the son of the late Chairman Chung Ho, visited our university and awarded the Wooseok Chung Ho scholarship to the selected students. The late Chairman Chung Ho has given back a substantial part of his possessions to society which he collected from his usual frugal lifestyle and remarkable corporate management, and he continues his love for his juniors with his donation to this school, which is 7.92 billion won in total. 19 scholarship students, the main actors of the ceremony, attended this event, along with the school officials including Junyoung Kim (Chairman of Board), Junmo Cho (Vice President of Humanities and Social Sciences Campus), Sunghyun Kim (Dean of College of Economics), Heejoon Ahn (Dean of SKK Business School), Seongwoo Ji (Director of External Affairs & Public Relations office), and Hyundae Shin (Manager of External Affairs & Public Relations office). The Wooseok Chung Ho Scholarship was founded to support undergraduates to contribute to society and grow into talents leading the Republic of Korea, and the scholarships have been awarded to a total of 392 students since 2012. This semester, the scholarship of 40 million won in total was given to 20 students; 16 students from the College of Economics and 4 students from SKK Business School. The awards ceremony was continued by congratulations from President Seojin Chung and greetings from Chairman Junyoung Kim. There was also a remembrance video of the late Chairman Chung Ho which showed an interview with the representative of the graduates, Muhyun Kim and Jaejun Lee, and the representative of the undergraduates, Seonyoung Lee and Minsu Shin. Then, Vice President Junmo Cho and Dean Heejun Ahn delivered a gift of gratitude to President Seojin Chung. President Seojin Chung said, “Only the ones who dream can change the world, make beautiful things more beautiful, and make new things more new.” He also added that he would carry on Hwashin’s business spirit by sharing with our school, which is taking a newer, greater leap forward to create a world that enriches human life.
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- 작성일 2022-05-25
- 조회수 1721
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- The Third “Enlightening the World” Sungdae Myeongnyun Special Lecture
- The Third “Enlightening the World” Sungdae Myeongnyun Special Lecture SKKU is inviting local and international scholars to diagnose issues of 2022 Korean society in a series of special lectures. The “Enlightening the World” Sungdae Myeongnyun lecture invites local and international scholars to predict and prepare for prospects and future strategies by sharing issues of different topics such as politics, economics, humanities, society. etc. The purpose of this lecture is to spread the school philosophy of 인의예지 (Benevolence, Righteousness, Propriety, Wisdom), to produce premium lecture that cultivates the personality of students and leads education of values by inviting local and international scholars. And to enhance our students’ practical global competence with faculties of globally distinguished universities starting from this semester. [Photo] Prof. David Weil (Brown University), Prof. Sung Hyun Kim (SKKU) On April 12th , Professor Walter Scheidel (Stanford University) held a lecture with Professor Ja Myung, Choi (Department of History, SKKU) moderating on the topic: “History of Economic Inequality: Past, Present, and Future. In this upcoming third special lecture. And on April21st(Thu.), at 10 am, Professor David N. Weil from Brown University will lecture about the topic “Robots, Prosperity, and Inequality” with Professor Sung Hyun Kim (Dean of School of Economics) moderating. Professor Weil is renowned in economic development, growth, and income inequality and is well known for being the author of “Economic Growth” and “African Successes.” The host of the special lecture, Dean SungHyun Kim, said, “The concerns about AI and robots will displace human labor andcause income inequality is increasing as technology develops. In this speciallecture, historical events that caused economic disparity in the past will beintroduced and then have a meaningful time by examining more fundamentalfactors: the advancement of technology that forms the labor market, humanmotivation, and social cohesiveness through economic and policyconsiderations.” This special lecture is open both off/online (Real-time streaming) simultaneously; any faculty or student interested can access it through Zoom without prior application. ※ Sungdae Myeongnyun Special Lecture ZOOM URL https://us02web.zoom.us/j/7766237789?pwd=SDRHZjJWdTdvUjB5OTZiZ1Awbkp6Zz09 ※ Inquiries: Office of Academic Affairs(02-760-1053, hhgil@skku.edu)
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- 작성일 2022-05-10
- 조회수 1632