Economist
Research Department
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, MO 64198
Email
Curriculum Vitae

Taeyoung Doh is an 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.

• "Long-Run Risks in the Term Structure of Interest Rates: Estimation" Journal of the Applied Econometrics, forthcoming.  
• "What Does the Yield Curve Tell Us About the Federal Reserve's Implicit Inflation Target?" Journal of Money, Credit, and Banking, forthcoming.
• "Yield Curve in an Estimated Non-linear Macro Model" Journal of Economic Dynamics and Control, forthcoming.
• "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
  

• "Is Unemployment Helpful in Understanding Inflation?"
  Fourth Quarter 2011
• "The Efficacy of Large-Scale Asset Purchases at the Zero Lower Bound" 
  Second Quarter 2010

• A Bayesian Evaluation of Alternative Models of Trend Inflation
  with Todd E. Clark, RWP 11-16
• "Yield Curve in an Estimated Nonlinear Macro Model" 
  RWP 09-04
• "Monetary Policy Regime Shifts and Inflation Persistence" 
  with Troy Davig, RWP 08-16
• "Long-Run Risks in the Term Structure of Interest Rates: Estimation" 
  RWP 08-11
• "What Does the Yield Curve Tell Us About the Federal Reserve's Implicit Inflation Target?" 
  RWP 07-10

• "Cyclical Fluctuations of Aggregate Hours, Wages, and Unemployment in DSGE Models with Alternative Wage Settings"
  with Willem Van Zandweghe.
• "A Bayesian Evaluation of Alternative Models of Alternative Models of Trend Inflation"
  with Todd Clark.
• "A Macro Finance Model of Term Structure and Large Scale Asset Purchases at the Zero Lower Bound"
• "Term Structure Implications of Time-varying Macroeconomic Volatility in a DSGE Model with Epstein-Zin Preferences"