Taeyoung Doh

Taeyoung Doh

Senior Economist
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, Missouri

Biography

Taeyoung Doh is a Senior Economist in the Economic Research Department of the Federal Reserve Bank of Kansas City. He joined the department in July 2007. He received a bachelor's degree in economics from Seoul National University in 1996, an M.A. degree from Seoul National University in 1998 and a Ph.D. in economics from the University of Pennsylvania in 2007. His current research interest include monetary policy and term structure of interest rates, estimation of dynamic stochastic general equilibrium models, and asset pricing based on long run macroeconomic risks.

Professional Journals and Books

  • "A Bayesian Evaluation of Alternative Models of Trend Inflation"
    with Todd Clark, International Journal of Forecasting, pp. 426-448, Vol 30(3), July-September 2014
  • "Monetary Policy Regime Shifts and Inflation Persistence"
    with Troy Davig, Review of Economics and Statistics, pp. 862-75, Vol 96(5), December 2014
  • Book Chapter Contribution: "The State Space Representation and Estimation of a Time-Varying Parameter VAR with Stochastic Volatility"
    with Michael Connolly, in State-Space Models, edited by Zeng, Yong and Shu Wu, Springer: 2013
  • "Long-Run Risks in the Term Structure of Interest Rates: Estimation"
    Journal of Applied Econometrics, 2013, 28(3), 478-497 
  • "What Does the Yield Curve Tell Us About the Federal Reserve's Implicit Inflation Target?"
    Journal of Money, Credit, and Banking, 2012, 44 (2-3), 469-486
  • "Yield Curve in an Estimated Nonlinear Macro Model"
    Journal of Economic Dynamics and Control, 2011, 35 (8), 1229-1244
  • "Non-stationary Hours in a DSGE Model"
    with Yongsung Chang and Frank Schorfheide, Journal of Money, Credit, and Banking, 2007, 39 (6), 1357-1373
  • "Analysis of Loan Guarantees among the Korean Chaebol Affiliates"
    with Keunkwan Ryu, International Economic Journal, 2004, 18 (2), 161-178

Work in Progress

  • "An Arbitrage-Free Model of the Term Structure of Interest Rates with the Zero Lower Bound"
  • "Term Structure Implications of Time-varying Macroeconomic Volatility in a DSGE Model with Recursive Preferences"
  • "A New Approach to Assessing the Misspecification of a DSGE Model"
    with Woong Yong Park.