Joon Woo Bae

Joon Woo Bae is an Associate Professor at the Weatherhead School of Management, Case Western Reserve University, specializing in international financial markets. His research explores economic interconnectedness, asset pricing, and portfolio management in global contexts.

• Appointed: 2017
• Office Location: Peter B. Lewis Building 321
• Contact: joon.bae@case.edu

Bae earned his PhD and Master of Financial Economics (MFE) from the Rotman School of Management, University of Toronto, after working in the pension industry at the University of Toronto Asset Management Corporation (UTAM).

Research Focus

Bae’s research bridges international finance and economic interconnectedness, examining how cross-firm and cross-country dependencies influence:

• Asset pricing dynamics
• Portfolio optimization strategies
• Market volatility transmission

His work published in Journal of Finance and Management Science reveals novel insights into:

• Equity correlation patterns
• FX carry trade mechanisms
• Climate risk impacts on financial markets

Awards & Grants

• Graduate Faculty Teaching Excellence Award (2022)
• Intramural Grant Funding (2018)
• Canadian Securities Institute Research Foundation PhD Scholarship (2016)
• Doctoral Completion Award (2016)
• Multiple PhD and graduate fellowships (2012-2016)
• Academic excellence scholarships (2007-2009)