Dr. Bae is currently a research fellow at KERI (Korea Economic Research Institute). After he received his M.A. and Ph.D. in economics from the University of Missouri in 1998 (and his B.A. from Yonsei University in 1988), he worked as a research fellow at KIET (Korea Institute for Industrial Economics and Trade). Before joining SAIS as a visiting scholar, he also served as a visiting scholar at the Federal Reserve Bank of San Francisco and the University of Missouri. He is currently a member of both the Korean Shadow Financial Regulatory Committee and the Committee on Finance and Taxation, the Federation of Korean Industries. Dr. Bae has also served as a member in the Policy Evaluation Committee, Office for Government Policy Coordination, and the PECC PEO/Structure Committee, and lectured at the Graduate School of Business and Sogang School of Economics, Sogang University (Korea).
Dr. Bae’s major fields are Monetary Economics, Macroeconomics, Financial Economic, and International Finance and he has published several outstanding papers including: “Long-Run Neutrality, High Inflation, and Bank Insolvencies in Argentina and Brazil (with Ronald A. Ratti)”, Journal of Monetary Economics, 2000, “Korea (with Dongsoon Lim)”, Fiscal Deficits in the Pacific Region (ed. by Akira Kohsaka, Routledge, London, 2004), “Long-Run Neutrality in a Fractionally Integrated Model (with Mark Jensen and Scott Murdock)”, Journal of Macroeconomics, 2005, “Political Influence and the Banking Sector: Evidence from Korea (with Jaewook An and Ronald A. Ratti)”, Oxford Bulletin of Economics and Statistics, 2007, and “Conservative Central Banks, and Nominal Growth, Exchange Rate and Inflation Targets (with Ronald A. Ratti)”, Economica, forthcoming, etc.