User:Elenamvenegoni/sandbox

Yoonsoo Lee (born______ ) is a Korean economist and Associate Professor of Economics at Sogang University in Korea. He has conducted extensive research within his main field of study: macroeconomics, and has written over 25 research articles that have been frequently cited. Additionally, he has consulted with the World Bank and was a contributing author to the Federal Reserve Bank of Cleveland.

Early Life and Education: Lee earned his B.A. from Seoul National University in 1995 and received both his masters and his Ph.D. from University of Rochester before graduating in 2005. He is currently a professor at Sogang University School of Economics in Korea.

Contributions to Economics: “Entry, exit and plant-level dynamics over the business cycle” Published in 2008, co-authored by Toshihiko Mukoyama, and cited by 190 individuals. Lee looks into the patterns of entry and exit of american manufacturing firms from 1972-1997, including creating an equilibrium model to further analyze these patterns, along with employment. “Entry and exit of manufacturing plants over the business cycle” Published in 2015, co-authored by Toshito Mukoyama, and cited by 119 individuals. Lee examines the patterns of entry and exit of American manufacturing plants between 1972-1997 in this paper as well. Unique findings in this study conclude that there is a higher amount of recurrence (more cyclical) in the entry rates than exit rates for firms. “Geographic redistribution of US manufacturing and the role of state development policy” Published in 2008 and cited by 95 individuals. Lee: State economic development incentives are largely ineffective at attracting plants/firms to move in. Growing states have not only a higher fraction of employment gains from plant openings and a higher fraction of employment losses from plant closings, which means a higher turnover rate.