معرفی
Dr. Hanbaek Lee is a University Assistant Professor in the Faculty of Economics at the University of Cambridge. He received his Ph.D. in Economics from the University of Pennsylvania in 2021. His research focuses on macroeconomics and finance, with particular expertise in business cycle modeling, computational methods, and heterogeneous-agent models.
Dr. Lee's research interests include:
- Macroeconomics and business cycle dynamics
- Computational economics and numerical methods for DSGE models
- Heterogeneous-agent models with occasionally binding constraints
- Financial frictions and investment dynamics
- Fiscal policy and infrastructure investment
- Income inequality and its macroeconomic implications
Dr. Lee has developed a unified framework for globally solving dynamic stochastic general equilibrium models with high accuracy and computational efficiency in sequence space. His work on the generalized transition function has provided new insights into state-dependent dynamics and the interaction between growth and uncertainty. His research on lumpy investments has revealed how synchronized investment patterns at the firm level can lead to persistent fragility in the aggregate economy, particularly after negative TFP shocks when large firms' investment timings become synchronized.
Dr. Lee's research has been recognized with several prestigious awards:
- Best Paper Award for Early Career Academics at the Econometric Society Australasia Meeting 2022
- Hiram C. Haney Fellowship Award in Economics
- Thomas J. Sargent Dissertation Fellowship at the Federal Reserve Bank of San Francisco
Dr. Lee teaches Advanced Macroeconomics I for MPhil students and Computational Methods for PhD students at Cambridge. He maintains an active research agenda with numerous working papers exploring various aspects of macroeconomic dynamics, corporate finance, and labor market phenomena, including studies on infrastructure investment multipliers, disclosure regulation effects on public firms, and the macroeconomic implications of top income inequality.
