Photo of Jin-Wook B. Chang

Jin-Wook B. Chang

Education

  • Ph.D., Economics, Yale University, 2019
  • M.Phil., Economics, Yale University, 2015
  • B.A., Economics, Seoul National University, 2011
Current Research Topics
  • Networks, Leverage, Systemic Risk
  • Economist

    Board of Governors of the Federal Reserve System

    2019 - present
  • Contagion in debt and collateral markets
    Jin-Wook Chang and Grace Chuan
    Journal of Monetary Economics (Forthcoming)
    https://doi.org/10.1016/j.jmoneco.2024.103600
    See also » FRB Working Paper (2023)
  • On the anatomy of cyberattacks
    Jin-Wook Chang, Kartik Jayachandran, Carlos A. Ramírez, and Ali Tintera
    Economics Letters (2024)
    https://doi.org/10.1016/j.econlet.2024.111676
  • Financial Stability Implications of CBDC
    Francesca Carapella, Jin-Wook Chang, Sebastian Infante, Melissa Leistra, Arazi Lubis, and Alexandros P. Vardoulakis
    Finance and Economics Discussion Series (2024)
    https://doi.org/10.17016/FEDS.2024.021
  • Contagion in Debt and Collateral Markets
    Jin-Wook Chang and Grace Chuan
    Finance and Economics Discussion Series (2023)
    https://doi.org/10.17016/FEDS.2023.016
  • Information Externalities, Funding Liquidity, and Fire Sales
    Levent Altinoglu and Jin-Wook Chang
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.052
  • Labor Market Tightness during WWI and the Postwar Recession of 1920-1921
    Haelim Anderson and Jin-Wook Chang
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.049
  • Moldy Lemons and Market Shutdowns
    Jin-Wook Chang and R. Matthew Darst
    Finance and Economics Discussion Series (2022)
    https://doi.org/10.17016/FEDS.2022.013
  • The Effect of the Central Bank Liquidity Support during Pandemics: Evidence from the 1918 Spanish Influenza Pandemic
    Haelim Anderson, Jin-Wook Chang, and Adam Copeland
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2020.050
  • Collateralized Debt Networks with Lender Default
    Jin-Wook Chang
    Finance and Economics Discussion Series (2019)
    https://doi.org/10.17016/FEDS.2019.083
  • conference

    2024

    American Economic Association Annual Meeting

    Moldy Lemons and Market Shutdowns

  • conference

    2023

    Annual Conference on Network Science and Economics

    Contagion in Debt and Collateral Markets

  • conference

    2022

    Society for the Advancement of Economic Theory Annual Conference

    Moldy Lemons and Market Shutdowns

  • conference

    2022

    Econometric Society - Asia Meeting

    Moldy Lemons and Market Shutdowns

  • conference

    2022

    Midwest Economic Association Annual Meeting

    Contagion in Debt and Collateral Markets

  • conference

    2022

    Econometric Society - North American Summer Meeting

    Moldy Lemons and Market Shutdowns

  • seminar

    2022

    FRB Research Webinar

    Moldy Lemons and Market Shutdowns

  • conference

    2022

    American Economic Association Annual Meeting

    The Effect of Pandemics on Labor Markets: Evidence from the 1918 Influenza Pandemic

  • conference

    2021

    LACEA-LAMES Annual Meeting

    Moldy Lemons and Market Shutdowns

  • seminar

    2021

    University of Macau

    Moldy Lemons and Market Shutdowns

  • conference

    2021

    Korean Economic Review International Conference

    Dynamic Trading in a Decentralized Market: A Mechanism Design Approach

  • conference

    2021

    Society for the Advancement of Economic Theory Annual Conference

    Dynamic Trading in a Decentralized Market: A Mechanism Design Approach

  • seminar

    2021

    Korea University

    Collateralized Debt Networks with Lender Default

  • seminar

    2021

    Fudan University

    Collateralized Debt Networks with Lender Default

  • conference

    2021

    Econometric Society - North American Summer Meeting

    Collateralized Debt Networks with Lender Default

  • conference

    2021

    Econometric Society - Australasia Meeting

    Collateralized Debt Networks with Lender Default

  • conference

    2021

    EEA-ESEM

    Collateralized Debt Networks with Lender Default

  • conference

    2020

    Econometric Society - European Winter Meeting

    The Effect of the Central Bank Liquidity Support during Pandemics: Evidence from the 1918 Influenza Pandemic

  • conference

    2020

    ECB Money Market Conference

    The Effect of the Central Bank Liquidity Support during Pandemics: Evidence from the 1918 Influenza Pandemic

  • conference

    2020

    Federal Reserve System Committee on Regional Analysis Conference

    The Effect of the Central Bank Liquidity Support during Pandemics: Evidence from the 1918 Influenza Pandemic

  • conference

    2020

    Midwest Finance Association Annual Meeting

    Collateralized Debt Networks with Lender Default

  • seminar

    2020

    Johns Hopkins Carey Business School

    Collateralized Debt Networks with Lender Default

  • conference

    2019

    Econometric Society - Asia Meeting

    Collateralized Debt Networks with Lender Default

  • conference

    2019

    Annual Conference on Network Science and Economics

    Collateralized Debt Networks with Lender Default

  • conference

    2019

    Federal Reserve Board Conference on the Interconnectedness of Financial Systems

    Collateralized Debt Networks with Lender Default

Conference Organization
  • 2024 | Washington, DC

    Third Conference on the Interconnectedness of Financial Systems

    Conference organizer

  • 2021 | Washington, DC

    Second Conference on the Interconnectedness of Financial Systems

    Conference organizer

  • 2021 | Seoul, South Korea

    Society for the Advancement of Economic Theory

    Session organizer

Referee
  • American Economic Journal: Microeconomics
  • Emerging Markets Review
  • International Journal of Central Banking
  • Journal of Credit Risk
  • Journal of International Financial Markets, Institutions and Money
  • Scandinavian Journal of Economics
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Last Update: August 2, 2024