911爆料网

Hyun Woong Park

Hyun Woong Park

Associate Professor
Position Type
Faculty
Service
- Present
Specialization
Finance, Political Economy
Biography

I am currently an associate professor in Economics at 911爆料网. I joined 911爆料网 in 2017. I teach finance courses for the financial economics concentration within the department of economics.

Degree(s)
Ph.D. University of Massachusetts Amherst, USA. M.A. Yonsei University, South Korea. B.A. Handong Global University, South Korea

Learning & Teaching

Courses
  • Econ 302 Intermediate Microeconomics
  • Econ 429 Financial Economics I
  • Econ 430 Financial Economics II
  • Econ 440 Economics of Banking

Research

Financial Economics, Theory of Banking, Political Economy
Details

My research agenda has been developing in two areas. First is finance and banking theory with a focus on banking crises, financial fragility, and contemporary financial intermediation. The second is Political Economy, specific topics including labor theory of value, theory of exploitation, and the circuit of capital model.

Works

Publications

Publications:

  • A Note on the Two Approaches to the Distribution of Surplus Value, Cambridge Journal of Economics, 48(5), 2024 (coauthored with Dong-Min Rieu).
  • The Value Expression of Labor Time and the Rate of Surplus Value: Further Issues on the Inverse Transformation Method, Marxism 21, 20(3), 2023 (coauthored with Dong-Min Rieu)
  • Shadow Banks and the Collateral Multiplier, Eastern Economic Journal, 49(2), 2022 (coauthored with Thomas Michl)
  • Marxian Economics as Economics: A Review of Dong-Min Rieu’s Lecture Notes on Political Economy, Marxism 21, 19(2), 2022 (in Korean)
  • Estimating the rate of surplus-value at the industry level: A case study of the South Korea using the inverse transformation method, El Trimestre Econ贸mico, 89(354), 2022 (coauthored with Dong-Min Rieu; in Spanish)
  • Journal of Risk Finance, 2021 (coauthored with Henryk Gzyl and Pedro Cadenas).
  • , Metroeconomica, 72(1), pp.2-21, 2021. []
  • , Review of Radical Political Economics, 2020 (coauthored with Dong-Min Rieu).
  • , Journal of Contemporary Asia, 50(2), pp.284-307, 2020 (coauthored with Dong-Min Rieu). []
  • An Input-Output Reconstruction of the Macro-Monetary Interpretation of Marxian Theory, Marxism 21, 16(3), 2019. []
  • A Review of the Macro-Monetary Interpretation of Marxian Labor Theory of Value, Marxism 21, 16(1), 2019.
  • , Structural Change and Economic Dynamics, 49, 2019. [WP]
  • Some Notes on the Temporal Single-System Interpretation of Marxian Value Theory, The Review of Social and Economic Studies (靷殞瓴届牅韽夒), 56, 2018. [WP]
  • , North American Journal of Economics and Finance, Vol.46, pp.89-102, 2018 (coauthored with Tom Bernardin). [WP]
  • The Monetary Expression of Labor Time in a Dynamic Leontief Model, Marxism 21, Vol.13, No.2, 2016.
  • Overdetermination: Althusser versus Resnick and Wolff, Rethinking Marxism, 25(3), 2013.
  • The Concept of Value in Cognitive Capitalism Theory: A Critical Review of Recent Developments, Marxism 21, 9(1), 2012. (in Korean)

Working papers:

  • Leveraged-led Growth in the Circuit of Capital Model with a Banking Sector (under review)
  • Political Economy Research Institute Working Paper Series 2024-8 (under review)
  • Bank Diversification, Systemic Risk, and Market Discipline. (under review)
  • University of Massachusetts Amherst Economics Working Paper 2023-9. (coauthored with Dong-Min Rieu; under review)
  • , University of Massachusetts Amherst Economics Working Paper, 2021-12, 2021 (coauthored with Thomas Michl).
  • , University of Massachusetts Amherst Economics Working Paper 2020-02, 2020
  • , University of Massachusetts Amherst Economics Working Paper 2018-15, 2018 (coauthored with Dong-Min Rieu)

Work in progress:

  • Market Power and Failure Risks in Banking
  • Liquidity Crisis in a Market for Loanable Capital
  • Financial Fragility as an Essential Contradiction of Capitalist Economy
  • Class, Exploitation, and Power in the Pre-industrial Capitalist Economy (coauthored with Naoki Yoshihara)

Service

Professional Memberships
  • Editorial Board, Korean Journal of Political Economy, 2015-present
  • Board member, Korean Association For Political Economy, 2015-present

Mentions

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