Won-chang Choi (최원창)

I am an Assistant Professor of Finance at Yonsei University School of Business.

My research is in financial economics, with a focus on asset pricing and macro-finance. I study how market frictions affect investors’ portfolio choices and firms’ capital allocations. I develop dynamic general equilibrium models to examine how these decisions determine market liquidity, risk sharing, and aggregate risk. I also work on contract theory.

I received my Ph.D. in Economics from Washington University in St. Louis in 2024.

Here are my CV and research statement.

Contact

won-chang.choi@yonsei.ac.kr