Other Research 2011 KDI Journal of Economic Policy Conference: Globalization, Human Capital and Inequality November 30, 2011

Series No. 2011
November 30, 2011
- Contents
-
CHAPTER 1
Integrating Personality Psychology into Economics(James Heckman)
1. A Brief History of Personality Psychology
2. Cognition: “g”- a single factor that is claimed to represent intelligence
3. Personality Traits
4. The Person-Situation Debate: A Strong Influence on Behavioral Economics
5. Personality Psychology After the Person-Situation Debate
6. The Predictive Power of Personality Traits
7. Difficulties in Synthesizing Studies of the Effects of Personality
8. Main Findings from Predictive Analyses
9. Conceptualizing Personality Within an Economic Model
10. An Economic Framework for Conceptualizing and Measuring Personality and Personality Traits
11. A Definition of Personality
12. Stability and Change in Personality Traits and Preferences
13. Personality and Preference Parameters
14. Summary and Conclusions
References
CHAPTER 2
‘학교교육 수준 및 실태 분석 연구: 중학교’ 자료를 이용한 사교육비 지출의 성적 향상 효과 분석(강창희)
제1절 서 론
제2절 계량분석모형
제3절 분석자료: 학교교육 수준 및 실태 분석 연구
제4절 실증분석 결과
제5절 결 론
참고문헌
CHAPTER 3
Education and Globalization on Income Inequality: Cross-Country Evidence(Kang H. Park)
1. Introduction
2. Review of Literature
3. Model, Data and Variables
4. Emprirical Results
5. Conclusions
References
CHAPTER 4
Should I Marry Again?(Jinyoung Kim)
1. Introduction
2. The Model
3. Empirical Implementation
4. Empirical Findings
5. Concluding Remarks
References
Appendix
CHAPTER 5
Stereotypes and Inequality: A Structure of Identity Choice(Young Chul Kim, Glenn C. Loury)
1. Introduction
2. Model with the Identity Choice
3. Stereotyping Equilibrium
4. Affective Stereotyping Equilibria with Multiple PSE
5. Affective Stereotyping Equilibria with Unique PSE
6. Further Discussions
7. Conclusion
8. Appendix: Proofs
References
CHAPTER 6
The Dynamics of Income Inequality in Korea(Jongsung Kim)
1. Introduction
2. Income Inequality in Korea
3. Trends in Income Inequality in Korea
4. New Evidence of Income Inequality and its Decomposition
5. Discussion and Conclusions
References
CHAPTER 7
The Impact of Mortgage Securitization on the Housing Bubble and Subprime Mortgage Crisis: A Self-organization Perspective
(Hong Y. Park, Hyejung Chang, Kaustav Misra)
1. Introduction
2. Securitization of Mortgages: Its Complexity and Impact
3. Securitization of Mortgages, Mortgage Rates and Housing Bubble
4. Model and Empirical Results
5. Empirical Analysis and Discussion
6. Solutions to the Subprime Mortgage Crisis
7. Summary and Conclusion
References
Appendix
CHAPTER 8
Real Estate Investors, the Leverage Cycle and the Housing Market Crisis(Andrew Haughwout, Donghoon Lee, Joseph Tracy, Wilbert van der Klaauw)
1. Related Literature
2. Investors and the Leverage Cycle
3. Results
4. Mortgage Products and Leverage
5. Delinquencies and de-leveraging during the bust
6. Conclusion
References
CHAPTER 9
Optimal Provision of Loans and Insurance against Unemployment from Lifetime Perspective(Joseph Stiglitz, Jungyoll Yun)
1. Introduction
2. The Model and Baseline Optimum
3. Presence of Private Loan Market
4. Welfare Effects of Loan-Cosigning in the Provision of Loans
5. Conclusion
References
Appendix
CHAPTER 10
The Effects of Free Trade Agreements and Fair Trade for All(Junsoo Lee)
1. Introduction
2. Econometric Issues
3. Estimation Methods and Empirical Results
4. Concluding Remarks
References
Appendix
CHAPTER 11
Floating Exchange Rates and Macroeconomic Independence(Yoonbai Kim, Lian An, Yu You)
1. Introduction
2. Methodology
3. Empirical Results
4. Conclusion
References
CHAPTER 12
Uncovered Interest Parity Puzzle: Asymmetric Responses(Byung-Joo Lee)
1. Introduction
2. The forward premium puzzle
3. Empirical analysis
4. Conclusion
References
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