Top 25% Institutions and Economists in South Korea, as of October 2019

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This page is part of a larger set of rankings for research items, serials, authors and institutions made available on this site. A FAQ is available.

Only authors registered with the RePEc Author Service are considered.
Only works listed on RePEc and claimed as theirs by registered authors are counted.
A series of rankings by different criteria are aggregated. The average rank score is determined by taking a harmonic mean of the ranks in each criterion. For a list of criteria, see the general ranking page.
Authors with multiple affiliations have their score distributed across regions according to the affiliation shares they provided. The ranking is performed using the set of authors or institutions within the region, recomputing the scores within the set. The ranking done by simply looking up the worldwide ranking for those authors or institutions from this region is provided in the W.Rank column and put in [square brackets].
There are 57157 registered authors evaluated for all the rankings.
Authors with multiple affiliations are attributed to each institution according to the weights they have set to each in their profile, or by default according to a formula described here.
Authors affiliated with subentities of institutions listed in EDIRC are also counted in the latter.
Only institutions listed in EDIRC are counted.
Subentities of ranked institutions do not increment the rank count and have their rank listed in parentheses.
Authors with multiple affiliations have their score distributed across regions according to the affiliation shares they provided. The ranking is performed using the set of authors or institutions within the region, recomputing the scores within the set. The ranking done by simply looking up the worldwide ranking for those authors or institutions from this region is provided in the W.Rank column and put in [square brackets].
Please note that rankings can depend on the number of registered authors in the respective institutions. Register at the RePEc Author Service to be counted.
There are 7942 institutions with 57157 registered authors evaluated for all the rankings.

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Same ranking by authors, institutions, countries and regions, and more rankings for , including the individual criteria used here.

The rankings

Top 25% institutions in South Korea, all authors, all publication years

For South Korea, there are 331 authors affiliated with 107 institutions. All institutions in this region.

Rank	W.Rank	Institution	Score	Authors	Author shares
1	[1]	Department of Economics, Korea University Seoul, South Korea	1.36	25	22.27
2	[2]	Division of Economics, Seoul National University Seoul, South Korea	1.57	21	20.9
3	[3]	College of Economics, Sogang University Seoul, South Korea	3.13	22	20.3
4	[4]	College of Business and Economics, Yonsei University Seoul, South Korea	4.17	19	18.32
---	[---]	School of Economics, College of Business and Economics, Yonsei University Seoul, South Korea	5.16	18	16.84
5	[5]	School of Economics, Sungkyunkwan University Seoul, South Korea	6.27	12	12
6	[6]	Economics, Chung-Ang University Seoul, South Korea	7.71	10	9.99
7	[7]	Division of Economics, Inha University Incheon, South Korea	9.6	5	4.95
8	[8]	Business School, Korea University Seoul, South Korea	11.99	3	3
9	[10]	Technology Management, Economics and Policy Program (TEMEP), Seoul National University Seoul, South Korea	12.67	12	9.84
10	[9]	College of Economics and Business Administration, Hanyang University Ansan, South Korea	13.1	12	12
11	[11]	Business School, Seoul National University Seoul, South Korea	13.5	2	2
12	[13]	Department of Economics, Kyung Hee University Seoul, South Korea	13.71	6	5.5
13	[12]	KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST) Seoul, South Korea	13.78	5	4.5
14	[14]	Department of Energy Policy, Graduate School of Energy and Environment, Seoul National University of Science and Technology Seoul, South Korea	14.09	1	1
15	[15]	Korea Development Institute (KDI) Seoul, South Korea	17.61	7	6.01
---	[---]	KAIST Graduate School of Management (KGSM), KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST) Seoul, South Korea	17.74	3	3
16	[16]	College of Economics and Finance, Hanyang University Seoul, South Korea	19.15	4	4
17	[17]	Department of Economics, Pusan National University Pusan, South Korea	19.44	4	3.85
18	[18]	Division of International Studies, Korea University Seoul, South Korea	20.09	4	4
---	[---]	School of Public Policy and Management, Korea Development Institute (KDI) Seoul, South Korea	21.05	3	3
19	[19]	Department of Economics, Chonnam National University Kwangju, South Korea	21.08	5	4.5
20	[20]	Graduate School of Public Administration, Seoul National University Seoul, South Korea	25.15	1	1
21	[22]	Department of International Trade and Business, Kangwon National University Chuncheon, South Korea	25.28	1	1
22	[25]	Department of Economics, Myongji University Seoul, South Korea	25.45	2	2
23	[21]	College of Economics and Business, Kookmin University Seoul, South Korea	26.06	2	2
24	[23]	Bank of Korea Seoul, South Korea	26.27	12	10.51
25	[24]	College of Economics and Business Administration, Kyungpook National University Daegu, South Korea	27.86	7	7
26	[26]	Department of Economics, Ewha Womans University Seoul, South Korea	27.99	3	3

The rankings

Top 25% institutions in South Korea, 10 best authors for each, publications last 10 years

Rank	W.Rank	Institution	Score	Authors	Author shares
1	[1]	Department of Economics, Korea University Seoul, South Korea	1.49	25	10
2	[2]	Division of Economics, Seoul National University Seoul, South Korea	1.85	21	10
3	[3]	College of Economics, Sogang University Seoul, South Korea	3.98	22	10
4	[4]	College of Business and Economics, Yonsei University Seoul, South Korea	4.55	19	10
---	[---]	School of Economics, College of Business and Economics, Yonsei University Seoul, South Korea	5.25	18	10
5	[5]	Economics, Chung-Ang University Seoul, South Korea	7.66	10	8.99
6	[6]	School of Economics, Sungkyunkwan University Seoul, South Korea	8.2	12	9
7	[7]	Technology Management, Economics and Policy Program (TEMEP), Seoul National University Seoul, South Korea	10.31	12	9.84
8	[8]	KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST) Seoul, South Korea	13.73	5	4.5
9	[10]	Division of Economics, Inha University Incheon, South Korea	14.21	5	4.95
10	[9]	College of Economics and Finance, Hanyang University Seoul, South Korea	14.42	4	2
11	[13]	Business School, Korea University Seoul, South Korea	16.1	3	3
12	[11]	Business School, Seoul National University Seoul, South Korea	16.16	2	2
13	[12]	College of Economics and Business Administration, Hanyang University Ansan, South Korea	16.57	12	8
14	[14]	Department of Economics, Pusan National University Pusan, South Korea	16.94	4	2.85
15	[15]	Division of International Studies, Korea University Seoul, South Korea	17.55	4	4
16	[17]	Department of Energy Policy, Graduate School of Energy and Environment, Seoul National University of Science and Technology Seoul, South Korea	18.25	1	1
17	[16]	Korea Development Institute (KDI) Seoul, South Korea	18.28	7	5.01
---	[---]	KAIST Graduate School of Management (KGSM), KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST) Seoul, South Korea	20.09	3	3
18	[18]	Bank of Korea Seoul, South Korea	20.74	12	7.51
19	[19]	Graduate School of Business, Sungkyunkwan University Seoul, South Korea	21.9	1	1
20	[20]	Department of Economics, Kyung Hee University Seoul, South Korea	24.39	6	2.5
21	[23]	Department of Economics, Chonnam National University Kwangju, South Korea	25.15	5	4.5
22	[21]	College of Economics and Business Administration, Kyungpook National University Daegu, South Korea	25.99	7	6
23	[22]	Samsung Economic Research Institute (SERI) Seoul, South Korea	26.79	2	2
24	[24]	Department of Economics, Ewha Womans University Seoul, South Korea	27.99	3	3
---	[---]	School of Public Policy and Management, Korea Development Institute (KDI) Seoul, South Korea	29.45	3	2
---	[---]	KAIST Graduate School of Innovation and Technology Management, KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST) Seoul, South Korea	29.67	2	1.5
25	[26]	College of International Studies, Kyung Hee University Seoul, South Korea	30.21	2	2
26	[25]	Graduate School of Public Administration, Seoul National University Seoul, South Korea	30.84	1	1

The rankings

Top 25% authors in South Korea, all publications years

For South Korea, there are 331 authors affiliated with 107 institutions. All institutions in this region.

Rank	W.Rank	Author	Score
1	[1]	Jong-Wha Lee Department of Economics, Korea University, Seoul	1.48
2	[4]	Soyoung Kim Division of Economics, Seoul National University, Seoul	3.97
3	[6]	Yongsung Chang Division of Economics, Seoul National University, Seoul	4.75
4	[5]	In Choi College of Economics, Sogang University, Seoul	4.88
5	[2]	Almas Heshmati College of Economics, Sogang University, Seoul	4.98
6	[7]	Jinill Kim Department of Economics, Korea University, Seoul	7.98
7	[9]	Tack Yun Division of Economics, Seoul National University, Seoul	8.83
8	[8]	Kwanho Shin Department of Economics, Korea University, Seoul	8.87
9	[3]	Chang-Jin Kim Department of Economics, Korea University, Seoul	9.4
10	[10]	Yoon-Jae Whang Division of Economics, Seoul National University, Seoul	10.3
11	[11]	Myoung-jae Lee Department of Economics, Korea University, Seoul	10.73
12	[12]	Keun Lee Division of Economics, Seoul National University, Seoul	13.56
13	[13]	Seung-Hoon Yoo Department of Energy Policy, Graduate School of Energy and Environment, Seoul National University of Science and Technology, Seoul	15.95
14	[16]	Myeong-Su Yun Division of Economics, Inha University, Incheon	16.83
15	[20]	Byung Sam Yoo School of Economics, College of Business and Economics, Yonsei University, Seoul	19.56
16	[18]	Sun-Bin Kim School of Economics, College of Business and Economics, Yonsei University, Seoul	19.78
17	[15]	Jungmin Lee Division of Economics, Seoul National University, Seoul	19.82
18	[17]	Tae-Hwan Kim School of Economics, College of Business and Economics, Yonsei University, Seoul	20.75
19	[19]	Sunghyun Henry Kim School of Economics, Sungkyunkwan University, Seoul	21.03
20	[22]	Cheolbeom Park Department of Economics, Korea University, Seoul	22.76
21	[21]	Syngjoo Choi Division of Economics, Seoul National University, Seoul	23.77
22	[23]	Young Hoon Lee College of Economics, Sogang University, Seoul Research Institute for Market Economy, Sogang University, Seoul	24.1
23	[25]	Chirok Han Department of Economics, Korea University, Seoul	25.2
24	[26]	Sang-Seung Yi Division of Economics, Seoul National University, Seoul	25.41
25	[27]	Jang-Ok Cho College of Economics, Sogang University, Seoul	25.61
26	[24]	Byung-Yeon Kim Division of Economics, Seoul National University, Seoul	27.67
27	[28]	Woochan Kim Business School, Korea University, Seoul	28.39
28	[30]	Woojin Kim Business School, Seoul National University, Seoul	29.3
29	[31]	Ryo Okui Division of Economics, Seoul National University, Seoul	29.32
30	[29]	Jinyoung Kim Department of Economics, Korea University, Seoul	29.7
31	[32]	Soosung Hwang School of Economics, Sungkyunkwan University, Seoul	30.35
32	[34]	Myung Hwan Seo Division of Economics, Seoul National University, Seoul	31.82
33	[33]	Seong-Min Yoon Department of Economics, Pusan National University, Pusan	32.58
34	[35]	Minseong Kim School of Economics, Sungkyunkwan University, Seoul	33.83
35	[37]	Jeong-Yoo Kim Department of Economics, Kyung Hee University, Seoul	34.6
36	[36]	Chulhee Lee Division of Economics, Seoul National University, Seoul	35.11
37	[38]	Jay H. Hong Division of Economics, Seoul National University, Seoul	37.47
38	[39]	Seonghoon Cho Yonsei University School of Economics, College of Business and Economics, Yonsei University, Seoul	37.83
39	[43]	Dukpa Kim Department of Economics, Korea University, Seoul	42.1
40	[46]	Jihong Lee Division of Economics, Seoul National University, Seoul	42.11
41	[40]	Jai S. Mah	42.22
42	[42]	Chul-In Lee Division of Economics, Seoul National University, Seoul	42.56
43	[41]	Sang-Ho Lee Department of Economics, Chonnam National University, Kwangju	42.73
44	[48]	Jin Seo Cho School of Economics, College of Business and Economics, Yonsei University, Seoul	42.95
45	[44]	Hyun-Hoon Lee Department of International Trade and Business, Kangwon National University, Chuncheon	43.35
46	[45]	Jeong-Dong Lee Technology Management, Economics and Policy Program (TEMEP), Seoul National University, Seoul Seoul National University	44.02
47	[47]	Hyunbae Chun College of Economics, Sogang University, Seoul	45.1
48	[50]	Biung-Ghi Ju Division of Economics, Seoul National University, Seoul	47.74
49	[49]	Hahn Shik Lee College of Economics, Sogang University, Seoul	48
50	[52]	Illoong Kwon Graduate School of Public Administration, Seoul National University, Seoul	48.02
51	[51]	Jung Hur College of Economics, Sogang University, Seoul	48.42
52	[53]	Changhui Kang Economics, Chung-Ang University, Seoul	49.12
53	[54]	Dong Heon Kim Department of Economics, Korea University, Seoul	50.62
54	[55]	Hyeok Jeong School of Public Policy and Management, Korea Development Institute (KDI), Seoul	51.14
55	[56]	Sung Y. Park Economics, Chung-Ang University, Seoul	54.69
56	[57]	Kiho Yoon Department of Economics, Korea University, Seoul	57.22
57	[58]	In-Moo Kim School of Economics, Sungkyunkwan University, Seoul	57.97
58	[61]	Changkyu Choi Department of Economics, Myongji University, Seoul	59.46
59	[60]	Songman Kang College of Economics and Finance, Hanyang University, Seoul	60.21
60	[63]	Sung-Ha Hwang KAIST Graduate School of Management (KGSM), KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST), Seoul	63.23
61	[62]	Sanghack Lee College of Economics and Business, Kookmin University, Seoul	63.9
62	[65]	Jong-Hee Hahn School of Economics, College of Business and Economics, Yonsei University, Seoul	64.25
63	[59]	Sangyup Choi School of Economics, College of Business and Economics, Yonsei University, Seoul	64.68
64	[64]	Keun-Yeob Oh Department of International Trade, College of Economics and Management, Chungnam National University, Taejon	64.83
65	[66]	Chang-Yang Lee KAIST Graduate School of Management (KGSM), KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST), Seoul	65.19
66	[72]	Jörn Altmann Technology Management, Economics and Policy Program (TEMEP), Seoul National University, Seoul	66.32
67	[69]	Doo Yong Yang College of International Studies, Kyung Hee University, Seoul	66.65
68	[67]	Bonggeun Kim Division of Economics, Seoul National University, Seoul	67.19
69	[70]	Hassan Naqvi Graduate School of Business, Sungkyunkwan University, Seoul	68.78
70	[71]	Yeonbae Kim Technology Management, Economics and Policy Program (TEMEP), Seoul National University, Seoul	68.91
71	[68]	Jinkwon Lee College of Economics, Sogang University, Seoul	69.38
72	[74]	Dirk Bethmann Department of Economics, Korea University, Seoul	71
73	[73]	Beum Jo Park Department of Economics, College of Business and Economics, Dankook University, Yongin	72.31
74	[76]	Heejoon Han School of Economics, Sungkyunkwan University, Seoul	74.14
75	[77]	Joonkyung Ha College of Economics and Business Administration, Hanyang University, Ansan	74.38
76	[75]	Jinwoo Kim School of Economics, College of Business and Economics, Yonsei University, Seoul	74.99
77	[78]	Euna Han	75.18
78	[79]	Taehyun Ahn College of Economics, Sogang University, Seoul Research Institute for Market Economy, Sogang University, Seoul	75.2
79	[80]	Jinook Jeong School of Economics, College of Business and Economics, Yonsei University, Seoul	75.62
80	[81]	Dong-hyun Oh Samsung Economic Research Institute (SERI), Seoul	75.64
81	[85]	Woong Yong Park Division of Economics, Seoul National University, Seoul	78.53
82	[84]	Taeyoon Sung School of Economics, College of Business and Economics, Yonsei University, Seoul	79.46

The rankings

Top 25% authors in South Korea, publications last 10 years

Rank	W.Rank	Author	Score
1	[1]	Jong-Wha Lee Department of Economics, Korea University, Seoul	1.99
2	[3]	Kwanho Shin Department of Economics, Korea University, Seoul	4.03
3	[5]	Yongsung Chang Division of Economics, Seoul National University, Seoul	4.97
4	[2]	Almas Heshmati College of Economics, Sogang University, Seoul	5.27
5	[4]	Keun Lee Division of Economics, Seoul National University, Seoul	7.73
6	[10]	Ryo Okui Division of Economics, Seoul National University, Seoul	8.9
7	[7]	Seung-Hoon Yoo Department of Energy Policy, Graduate School of Energy and Environment, Seoul National University of Science and Technology, Seoul	9.01
8	[6]	Soyoung Kim Division of Economics, Seoul National University, Seoul	9.17
9	[11]	Sun-Bin Kim School of Economics, College of Business and Economics, Yonsei University, Seoul	9.63
10	[8]	Jungmin Lee Division of Economics, Seoul National University, Seoul	9.67
11	[13]	Songman Kang College of Economics and Finance, Hanyang University, Seoul	10.17
12	[9]	Seong-Min Yoon Department of Economics, Pusan National University, Pusan	10.85
13	[12]	Jinill Kim Department of Economics, Korea University, Seoul	13.01
14	[14]	Syngjoo Choi Division of Economics, Seoul National University, Seoul	13.53
15	[22]	Dong-hyun Oh Samsung Economic Research Institute (SERI), Seoul	16.84
16	[16]	Yoon-Jae Whang Division of Economics, Seoul National University, Seoul	17.36
17	[26]	Jihong Lee Division of Economics, Seoul National University, Seoul	17.86
18	[24]	Hassan Naqvi Graduate School of Business, Sungkyunkwan University, Seoul	19.65
19	[15]	Myoung-jae Lee Department of Economics, Korea University, Seoul	19.75
20	[17]	Sung Y. Park Economics, Chung-Ang University, Seoul	20.01
21	[19]	Sangyup Choi School of Economics, College of Business and Economics, Yonsei University, Seoul	20.23
22	[18]	Chirok Han Department of Economics, Korea University, Seoul	22.34
23	[33]	Jörn Altmann Technology Management, Economics and Policy Program (TEMEP), Seoul National University, Seoul	23.8
24	[20]	Myung Hwan Seo Division of Economics, Seoul National University, Seoul	24.85
25	[25]	Cheolbeom Park Department of Economics, Korea University, Seoul	26.27
26	[23]	Woojin Kim Business School, Seoul National University, Seoul	26.28
27	[30]	Woong Yong Park Division of Economics, Seoul National University, Seoul	27.17
28	[21]	Sang-Ho Lee Department of Economics, Chonnam National University, Kwangju	28.8
29	[27]	In Choi College of Economics, Sogang University, Seoul	29.05
30	[31]	Seonghoon Cho Yonsei University School of Economics, College of Business and Economics, Yonsei University, Seoul	29.12
31	[28]	Jeong-Dong Lee Technology Management, Economics and Policy Program (TEMEP), Seoul National University, Seoul Seoul National University	29.24
32	[34]	Yun Jung Kim College of Economics, Sogang University, Seoul	30.86
33	[32]	Taehyun Ahn College of Economics, Sogang University, Seoul Research Institute for Market Economy, Sogang University, Seoul	30.87
34	[29]	Young Hoon Lee College of Economics, Sogang University, Seoul Research Institute for Market Economy, Sogang University, Seoul	31.78
35	[36]	Woochan Kim Business School, Korea University, Seoul	35.73
36	[37]	Sunghyun Henry Kim School of Economics, Sungkyunkwan University, Seoul	36.45
37	[39]	Jai S. Mah	37.8
38	[62]	Jihee Kim KAIST Graduate School of Innovation and Technology Management, KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST), Seoul Department of Management Science, Korea Advanced Institute of Science and Technology (KAIST), Seoul	37.81
39	[41]	Jin Seo Cho School of Economics, College of Business and Economics, Yonsei University, Seoul	37.84
40	[43]	Tae-Hwan Kim School of Economics, College of Business and Economics, Yonsei University, Seoul	37.87
41	[38]	Dukpa Kim Department of Economics, Korea University, Seoul	38.37
42	[42]	Heejoon Han School of Economics, Sungkyunkwan University, Seoul	39.95
43	[45]	Illoong Kwon Graduate School of Public Administration, Seoul National University, Seoul	40.41
44	[40]	Byung-Yeon Kim Division of Economics, Seoul National University, Seoul	40.51
45	[48]	Youjin Hahn School of Economics, College of Business and Economics, Yonsei University, Seoul	40.88
46	[47]	Dirk Bethmann Department of Economics, Korea University, Seoul	43.64
47	[60]	Sok Chul Hong College of Economics, Sogang University, Seoul	44.33
48	[53]	Dong Beom Choi Business School, Seoul National University, Seoul	44.69
49	[46]	Hyun-Hoon Lee Department of International Trade and Business, Kangwon National University, Chuncheon	45.14
50	[50]	Ju Hyun Pyun Business School, Korea University, Seoul	47.19
51	[49]	Jeong-Yoo Kim Department of Economics, Kyung Hee University, Seoul	47.42
52	[55]	Chulhee Lee Division of Economics, Seoul National University, Seoul	47.49
53	[51]	Hyunduk Suh Division of Economics, Inha University, Incheon	47.66
54	[64]	Serena Rhee Economics, Chung-Ang University, Seoul	49.6
55	[57]	Sung-Ha Hwang KAIST Graduate School of Management (KGSM), KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST), Seoul	49.98
56	[54]	Chung Choe College of Economics and Business Administration, Hanyang University, Ansan	51.37
57	[52]	Sangwon Suh Economics, Chung-Ang University, Seoul	51.39
58	[56]	Hyunbae Chun College of Economics, Sogang University, Seoul	51.77
59	[69]	Yeonbae Kim Technology Management, Economics and Policy Program (TEMEP), Seoul National University, Seoul	51.81
60	[61]	Myeong-Su Yun Division of Economics, Inha University, Incheon	52.59
61	[79]	Dr. Muhammad Zeshan Division of Economics, Pukyong National University, Pusan	54.21
62	[58]	Jung Hur College of Economics, Sogang University, Seoul	54.47
63	[66]	Wonjoon Kim KAIST Graduate School of Innovation and Technology Management, KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST), Seoul	56
64	[67]	Doo Yong Yang College of International Studies, Kyung Hee University, Seoul	56.55
65	[78]	Hyun Seok Kim Department of Agricultural Economics, College of Agriculture and Life Sciences, Kyungpook National University, Daegu	58.96
66	[35]	Chang-Jin Kim Department of Economics, Korea University, Seoul	59.12
67	[68]	Sunghoon Chung Korea Development Institute (KDI), Seoul	59.13
68	[77]	Jongsu Lee Technology Management, Economics and Policy Program (TEMEP), Seoul National University, Seoul	59.17
69	[63]	Do Won Kwak Division of International Studies, Korea University, Seoul	59.7
70	[75]	Wonho Song Economics, Chung-Ang University, Seoul	60.82
71	[65]	Vladimir Hlasny Department of Economics, Ewha Womans University, Seoul	61.28
72	[73]	SeEun Jung Division of Economics, Inha University, Incheon	62.3
73	[72]	Euna Han	64.4
74	[59]	Sang Soo Park Department of Economics, Korea University, Seoul	64.43
75	[70]	Dooyeon Cho School of Economics, Sungkyunkwan University, Seoul	64.44
76	[74]	Beum Jo Park Department of Economics, College of Business and Economics, Dankook University, Yongin	64.64
77	[81]	Jay H. Hong Division of Economics, Seoul National University, Seoul	66.02
78	[71]	Chrysostomos Tabakis School of Public Policy and Management, Korea Development Institute (KDI), Seoul	66.74
79	[88]	Changkyu Choi Department of Economics, Myongji University, Seoul	67.35
80	[82]	Chang-Yang Lee KAIST Graduate School of Management (KGSM), KAIST Business School, Korea Advanced Institute of Science and Technology (KAIST), Seoul	68.17
81	[76]	Jinyoung Kim Department of Economics, Korea University, Seoul	69.66
82	[95]	Junsang Lee School of Economics, Sungkyunkwan University, Seoul	71

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