Research Interests

Open Macroeconomics, International Finance, Macroeconomics


  1. Choi, Jae Hoon. "Capital Controls and Foreign Exchange Market Intervention." Journal of International Money and Finance 101 (2020): 102098. [View]

Working Papers

  1. Choi, Jae Hoon and Munro, David. "Liquidity and Financial Market Runs: Theory and Experiment" - Submitted
  2. Choi, Jae Hoon and Limnios, Christopher. "Cost of Floating Exchange Rates: Event Study and Synthetic Control Estimation" [View] - Submitted
  3. Choi, Jae Hoon and Song, Seongho. "Revisiting PPP Puzzle: Nominal Exchange Rate Rigidity and Region of Inaction"
  4. Choi, Jae Hoon and Limnios, Christopher. "A Simple Theoretical Model of Exchange Rate Regime Choice"

Work in Progress

  1. "Can the Fed's corridor system divorce money from monetary policy?" with Christopher Limnios
  2. "Market Liquidity and International Financial Crises" with David Munro
  3. "Exchange Rate Determination in the Three-country Model"
  4. "Effect of Capital Controls in Small Open Economy: Regional Approach" with Mario Gonzalez
  5. Identification of de facto Exchange Regimes using Structural Breaks in Unit-root Process” with Amit Sen
  6. "Do stress tests affect banking sectors?: Synthetic control estimation" with Eric Fischer

Awards / Grants

  • Faculty Development Leave - Xavier University (2020)
  • University Summer Fellowships - Xavier University (2019)
  • Summer Research Grants - Department of Economics, Xavier University (2018 and 2019)
  • CBRT 2017 Research Awards (3rd place) - Central Bank of the Republic of Turkey (2017)