Danbee Park
Columbia University
5 Papers
10 Citations
Danbee Park is an academic researcher from Columbia University. The author has contributed to research in topics: Stock market & Derivative (finance). The author has an hindex of 3, co-authored 4 publications. Previous affiliations of Danbee Park include Yonsei University.
Chat about Author
Papers
Financial Derivatives Usage and Monetary Policy Transmission: Evidence from Korean Firm-level Data
Danbee Park,Joocheol Kim +1 more
TL;DR: In this article, the impacts of the financial derivative usage on corporate debt capability and stock return using Korean non-financial firms data from 2002 to 2012 were investigated and the conjecture that financial derivatives tend to increase debt capability by transferring risks and reducing financial cost.
13
Short-Term External Debt and Foreign Exchange Rate Volatility in Emerging Economies: Evidence from the Korea Market
TL;DR: The authors empirically analyzed the main determinants of foreign exchange rate (FX) volatility in emerging market economies using the data of Korea corporations and financial institutions and found that short-term external debt is more important than trading volume of foreign investors in explaining FX volatility.
11
RCEP’s financial integration before and after the global financial crisis: an empirical analysis
Hyun-Hoon Lee,Danbee Park,Donghyun Park,Shu Tian +3 more
- 05 Sep 2022
TL;DR: The authors empirically investigated whether the Regional Comprehensive Economic Partnership (RCEP) economies are more financially integrated with global economies, particularly the U.S., or with each other, using the gravity framework and the IMF's Coordinated Portfolio Investment Survey (CPIS) data.
Bankers on the Board, Market Competition, and Conflicts of Interest
Taeyoon Sung,Danbee Park +1 more
TL;DR: In this article, the authors empirically analyse the impact of banker-directors on corporate leverage and investment, using Korean firm data during the period from 2000 to 2012, and find that the presence of bankers on the board has higher leverage and more active investment, which can align with the interest of shareholders.
Revisiting a story of two countries in East Asia after Abenomics
Danbee Park,Joocheol Kim +1 more
TL;DR: In this paper, Choi et al. provided empirical evidence of the relationship between currency depreciation and stock market return using Korean and Japanese non-financial firms' data and showed that Japanese exporting firms would be advantageous due to the Japanese Yen (JPY) depreciation, and this situation is expected to continue under the Abenomics policy regime.