Munseob Lee

326 posts

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Munseob Lee

Munseob Lee

@MunseobLee

Associate Professor of Economics and Krause Chair in Korean Studies, UC San Diego @GPS_UCSD | Macroeconomist, Director of Korea-Pacific Program

San Diego, CA Katılım Eylül 2017
3.8K Takip Edilen1.8K Takipçiler
Munseob Lee
Munseob Lee@MunseobLee·
This piece in @GJIA_Online is the result of my self-study into this booming sector, where Korea's share of U.S. beauty imports skyrocketed from just 7% in 2016 to 25% in 2025. Read my full breakdown of the K-Beauty Trinity here: gjia.georgetown.edu/business-econo… (2/3)
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Munseob Lee
Munseob Lee@MunseobLee·
When tariffs hit last year, I expected media questions about semiconductors or shipbuilding, which are the sectors I know best. Surprisingly, global journalists only wanted to know about one thing: the impact on K-Beauty. 🇰🇷💄 (1/3)
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Munseob Lee
Munseob Lee@MunseobLee·
For a deeper dive into Paula’s fantastic JMP, check out my previous thread here: x.com/MunseobLee/sta…
Munseob Lee@MunseobLee

Proud @UCSDEcon student Paula Donaldson @paudonaldson discovered something huge: We have been measuring government spending effects wrong for years. When using state comparisons to estimate fiscal policy, we assumed interest rates affect all states equally. But they don't🧵

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Munseob Lee
Munseob Lee@MunseobLee·
Incredibly proud that @UCSDEcon candidate Paula Donaldson (@paudonaldson) has been selected for the 2026 @RevEconStudies European Tour! If you are in Nottingham, Zurich (@UZH_en), or Rome (@UniLUISS), do not miss a great opportunity to hear her presentation on fiscal multiplier!
The Review of Economic Studies@RevEconStudies

Paula Donaldson (@paudonaldson) is a PhD candidate in Economics at UC San Diego. She is a macroeconomist whose work spans fiscal policy, monetary economics, and international economics. 13/16

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The Korea Society
The Korea Society@koreasociety·
Check out this article by Sherman Scholar @MunseobLee @GPS_UCSD showing "a range of forensic methods, such as satellite imagery, mirror trade data, price monitoring, refugee surveys, humanitarian data, and text mining" to learn about North Korea's economy. voxdev.org/topic/methods-…
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Becker Friedman Institute for Economics
Becker Friedman Institute for Economics@BeckerFriedman·
Did inflation run higher than policymakers believed? A new methodology for constructing an aggregate price index suggests a widely used measure understated annual inflation by 0.3–1.0 percentage points on average (1959–2019).
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Munseob Lee
Munseob Lee@MunseobLee·
After 2017 sanctions, prices of import-sanctioned goods (e.g., refrigerators) rose and nighttime luminosity dimmed in areas producing export-sanctioned goods (e.g., coal), identified via hand-collected firm catalogue. Sanctions worked! But with growing Russia ties, less so today.
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Munseob Lee
Munseob Lee@MunseobLee·
Had a chance to teach this in my Korean Economy class. Students found two of the six forensic methods especially eye-opening. A thread on which two 🧵
VoxDev@vox_dev

🆕 North Korea's economy: The study of economic black holes Today on VoxDev, @StephanHaggard (@GPS_UCSD), Kyoochul Kim (@EwhaWomansUniv) & @MunseobLee discuss the range of forensic methods available to researchers when official statistics are unavailable: voxdev.org/topic/methods-…

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Oliver Hanney
Oliver Hanney@oliverhanney·
How can you study an economy when official statistics don't exist, or can't be trusted? Really enjoyed today's article which outlines six 'forensic' methods available to economists, and applies them to North Korea ⤵️
VoxDev@vox_dev

🆕 North Korea's economy: The study of economic black holes Today on VoxDev, @StephanHaggard (@GPS_UCSD), Kyoochul Kim (@EwhaWomansUniv) & @MunseobLee discuss the range of forensic methods available to researchers when official statistics are unavailable: voxdev.org/topic/methods-…

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Daniela Vidart
Daniela Vidart@daniela_vidart·
🌱Really happy to see this paper published in EEH 👉authors.elsevier.com/a/1miWX3I%7Eda… I study how electrification shaped the 1900-1940 US fertility decline by disentangling two opposing channels: time-saving appliances and rising female wages. Punchline: the overall effects are modest!
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Paula Donaldson
Paula Donaldson@paudonaldson·
Thank you, Sebnem! I’m thrilled to join the Economics Department at @BrownUniversity this fall and to become part of such a fantastic community! I’m deeply grateful to my advisors, the macro group at @UCSDEcon, and to my family and friends for their constant support. GRACIAS!
Sebnem Kalemli-Ozcan@skalemliozcan

We are super excited that Paula Donaldson @paudonaldson is joining @BrownEconomics @BrownUniversity @GautiEggertsson @instrumenthull Paula has a terrific macroeconomics research agenda, spanning fiscal, monetary and international economic policy by focusing on cross-sectional data and cross-sectional identification methods to answer macroeconomic questions. lnkd.in/eZzsn4cw

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NBER
NBER@nberpubs·
Expenditure shares can be used to measure aggregate inflation while correcting for quality change, new varieties, and misweighting. Applied to BEA data, inflation is understated, from @dargente05, Chang-Tai Hsieh, and @munseoblee nber.org/papers/w34803
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Munseob Lee
Munseob Lee@MunseobLee·
@expiwell Thank you! It would be great to see these methods applied to more global contexts beyond North Korea!
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ExpiWell
ExpiWell@expiwell·
@MunseobLee Incredible work. It really puts into perspective the human cost and effort required to bypass state censorship.
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Munseob Lee
Munseob Lee@MunseobLee·
We demonstrate that despite data scarcity, it is possible to extract meaningful economic signals from authoritarian regimes. One prominent example is prices: data is gathered from informal markets by risk-taking collectors, even while North Korean law mandates "unified prices."
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Keşfet

@GJIA_Online @NBCNews @BBCWorld @UCSDEcon @paudonaldson @RevEconStudies @UZH_en @UniLUISS