I am an Assistant Professor of Economics at NYU Shanghai. My research focuses on macroeconomics, monetary economics, and financial economics. I am co-organizing the Pan-Asian Macro/Finance Seminar Series. My recent CV is available here, and I can be reached at sukjoon.lee@nyu.edu.

We, NYU Shanghai, seek to provide students with a strong, globally-oriented foundation in the liberal arts and sciences. My teaching statement can be found here.

Working Papers

How Does Asset Market Liquidity Affect the Real Economy? A Quantitative Assessment of the Transmission Channels
with Miroslav Gabrovski, Athanasios Geromichalos, Lucas Herrenbrueck, and Ioannis Kospentaris

Why Do (So Many) Corporate Bonds Pay Coupons?
with Nicolas Caramp, Athanasios Geromichalos, and Yijing Wang

What's So Inconvenient About TIPS?
with Athanasios Geromichalos, Lucas Herrenbrueck, and Changhyun Lee

The Impact of Asset Market Liquidity on Monetary Policy Transmission and Optimal Policy
(previously titled Liquidity Premium, Credit Costs, and Optimal Monetary Policy)

Publications

The Real Effects of Financial Disruptions in a Monetary Economy
with Miroslav Gabrovski, Athanasios Geromichalos, Lucas Herrenbrueck, and Ioannis Kospentaris
Journal of Monetary Economics, 2025

Asset Safety versus Asset Liquidity
with Athanasios Geromichalos and Lucas Herrenbrueck
Journal of Political Economy, 2023

The Strategic Determination of the Supply of Liquid Assets
with Athanasios Geromichalos and Lucas Herrenbrueck
Review of Economic Dynamics, 2023

Work in Progress

Automation, Occupational Choice, and Entrepreneurship in the Labor Market
with Haopeng Shen

Labor Market Implications of Population Decline
with Haopeng Shen

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