Photo of Dong Hwan Oh

Dong Hwan Oh

Education

  • Ph.D., Economics, Duke University, 2014
  • M.A., Economics, Duke University, 2009
  • M.A., Economics, Seoul National University, 2008
  • B.A., Economics, Seoul National University, 2003
Current Research Topics
  • Improving forecasts of a misspecified model
  • GARCH option pricing
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2018 - present
  • Economist

    Board of Governors of the Federal Reserve System

    2014 - 2018
  • Better the devil you know: Improved forecasts from imperfect models
    Dong Hwan Oh and Andrew J. Patton
    Journal of Econometrics (2024)
    https://doi.org/10.1016/j.jeconom.2024.105767
    See also » FRB Working Paper (2021)
  • Dynamic factor copula models with estimated cluster assignments
    Dong Hwan Oh and Andrew J. Patton
    Journal of Econometrics (2023)
    https://doi.org/10.1016/j.jeconom.2022.07.012
    See also » FRB Working Paper (2022)
  • Default Clustering Risk Premium and its Cross-Market Asset Pricing Implications
    Kiwoong Byun, Baeho Kim, and Dong Hwan Oh
    Finance and Economics Discussion Series (2023)
    https://doi.org/10.17016/FEDS.2023.055
  • GARCH option pricing with volatility derivatives
    Dong Hwan Oh and Yang-Ho Park
    Journal of Banking & Finance (2023)
    https://doi.org/10.1016/j.jbankfin.2022.106718
  • Dynamic Factor Copula Models with Estimated Cluster Assignments
    Dong Hwan Oh and Andrew J. Patton
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2021.029r1
  • Better the Devil You Know: Improved Forecasts from Imperfect Models
    Dong Hwan Oh and Andrew J. Patton
    Finance and Economics Discussion Series (2021)
    https://doi.org/10.17016/FEDS.2021.071
  • Time-Varying Systemic Risk: Evidence From a Dynamic Copula Model of CDS Spreads
    Dong Hwan Oh and Andrew J. Patton
    Journal of Business & Economic Statistics (2018)
    https://doi.org/10.1080/07350015.2016.1177535
  • Accurate Evaluation of Expected Shortfall for Linear Portfolios with Elliptically Distributed Risk Factors
    Dobrislav Dobrev, Travis D. Nesmith, and Dong Hwan Oh
    Journal of Risk and Financial Management (2017)
    https://doi.org/10.3390/jrfm10010005
    See also » FRB Working Paper (2017)
  • Modeling Dependence in High Dimensions With Factor Copulas
    Dong Hwan Oh and Andrew J. Patton
    Journal of Business & Economic Statistics (2017)
    https://doi.org/10.1080/07350015.2015.1062384
    See also » FRB Working Paper (2015)
  • High-Dimensional Copula-Based Distributions with Mixed Frequency Data
    Dong Hwan Oh and Andrew J. Patton
    Journal of Econometrics (2016)
    https://doi.org/10.1016/j.jeconom.2016.04.011
    See also » FRB Working Paper (2015)
  • Simulated Method of Moments Estimation for Copula-Based Multivariate Models
    Dong Hwan Oh and Andrew J. Patton
    Journal of the American Statistical Association (2013)
    https://doi.org/10.1080/01621459.2013.785952
  • conference

    June 2023

    2023 North American Summer Meeting

    Better the devil you know: Improved forecasts from imperfect models

  • conference

    June 2023

    15th Annual SoFiE Conference

    Better the devil you know: Improved forecasts from imperfect models

  • seminar

    October 2022

    University of Connecticut

    Better the devil you know: Improved forecasts from imperfect models

  • conference

    March 2018

    26th Symposium of the Society of Nonlinear Dynamics and Econometrics, Tokyo

    Estimation and Inference for Large Panel Copula Models

  • conference

    June 2016

    North American Econometric Society Summer Meeting, University of Pennsylvania

    Time-Varying Systemic Risk: Evidence from a Dynamic Copula Model of CDS Spreads

  • conference

    January 2016

    2016 ASSA Annual Meeting, San Francisco, CA

    Time-Varying Systemic Risk: Evidence from a Dynamic Copula Model of CDS Spreads

  • conference

    November 2015

    2015 INFORMS, Philadelphia, PA

    Stochastic Intensity Margin Modeling of Credit Default Swap Portfolios

  • conference

    August 2015

    11th World Congress of the Econometric Society

    High-Dimensional Copula-Based Distributions with Mixed Frequency Data

  • conference

    August 2014

    Joint Statistical Meetings, Boston, MA

    Time-Varying Systemic Risk: Evidence from a Dynamic Copula Model of CDS Spreads

  • conference

    December 2013

    Triangle Econometrics Conference, Durham, NC

    Modelling High Dimension Distributions with High Frequency Data and Copulas

  • conference

    June 2012

    North American Econometric Society Summer Meeting, Northwestern University

    Simulated Method of Moments Estimation for Copula-Based Multivariate Models

  • conference

    July 2011

    Asian Econometric Society Summer Meeting, Seoul, Korea

    Modelling Dependence in High Dimensions with Factor Copulas

Awards
  • 2015

    American Statistical Association

    Zellner Thesis Award in Business and Economic Statistics, Honorable Mention

Conference Organization
  • June 24-26, 2022 | University of Cambridge, UK

    SoFiE 2022 (14th Annual Society for Financial Econometrics Conference)

    Program committee

Referee
  • Econometric Theory
  • Econometrics Journal
  • Economic System
  • European Central Bank Working Papers
  • International Journal of Central Banking
  • Journal of Applied Econometrics
  • Journal of Banking and Finance
  • Journal of Business and Economic Statistics
  • Journal of Credit Risk
  • Journal of Econometrics
  • Journal of Empirical Finance
  • Journal of Financial Econometrics
  • Journal of the American Statistical Association
  • Management Science
  • Quantitative Finance
  • Studies in Nonlinear Dynamics & Econometrics
Professional Affiliation
  • American Economic Association
  • American Statistical Association
  • Econometric Society
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Last Update: August 2, 2024