Jaedo Choi
I am an economist at the Federal Reserve Board of Governors.
This is a personal website. Any results or conclusions in the research presented on this website are my own and do not necessarily represent the view of the Federal Reserve System.
Research Fields: International Economics, Macroeconomics
Address: Constitution Ave NW & 20th St NW, Washington, DC 20551
Telephone: +1 (734) 263-4680
E-mail: jaedo.research@gmail.com
Curriculum Vitae: CV
Working Papers
Superstars or Supervillains? Large Firms in the South Korean Growth Miracle (with Andrei A. Levchenko, Dimitrije Ruzic, Younghun Shim)
Latest Draft (June 2024)
NBER Working Paper 32648 | CEPR Discussion Paper 19207
Coverage: Marginal Revolution
Technology Adoption and Late Industrialization (with Younghun Shim)
Latest Draft (October 2023)
From Adoption to Innovation: State-Dependent Technology Policy in Developing Countries (with Younghun Shim)
Reject and resubmit, American Economic Review
Latest Draft (March 2024)
STEG Working Paper 091, IMF Working Paper 2024/154
The Long-Term Effects of Industrial Policy (with Andrei A. Levchenko)
Latest Draft (May 2024)
NBER Working Paper 29263 | CEPR Discussion Paper 16534
A non-technical summary: NBER Digest, VoxEU.org
Press: 2024 Economic Report of the President (p.233)
Internal Migration Adjustment and Recovery from Large Crises
Latest Draft (June 2024)
Lobbying, Trade, and Misallocation
2nd round revised and resubmitted, Journal of International Economics
Latest Draft (April 2024), Older Version (October 2021)
Publication
Sequentially Estimating the Structural Equation by Power Transformation (with Roger H. Moon, Jin Seo Cho)
Econometric Theory, 40 (Feb 2024), 98-161
Final Draft (July 2022) | Journal Link
Research in Progress
Quid-Pro-Quo: Did US Multinationals Transfer Too Much Technology? (with George Cui, Younghun Shim, Yongseok Shin)
Social Network in Production Network (with Barthélémy Bonadio)