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C.Y. Choi

[Chi-Young Choi]

Professor, Economics
Last Updated: January 7, 2021
about me

Research Interests

Research Interests
Regional growth policy issues Money and Macro Economics Open economy macro economics and finance Time series econometrics Financial econometrics

Teaching Interests

Teaching Interests
As a firm believer that “teaching is more than imparting knowledge, it is inspiring change”, I view teaching as the most important mission to educators who can turn a rock into a diamond every day. This is particularly relevant to the students at UTA where many of them are first-generation college students with great potentials. As a researcher working on the topic of long-run economic growth, I am also well aware of the importance of education in determining the quality of human capital as a driving factor behind the future well-being of community as well as individuals. Moreover, as a former central banker who considers teaching as privilege rather than a routine duty in academia, I am always excited when I see my students growing into more knowledgeable citizens with critical thinking who can apply what they learned from class to address issues in the real world.

Biography

Biography

C.Y. Choi joined UTA in July 2006 after teaching at University of New Hampshire for five years as assistant professor. He received his Ph.D. in 2000 from the Ohio State University, focusing his studies in the areas of open economy macroeconomics and time series econometrics. Prior to moving to Ohio, he worked for several years at the Bank of Korea (the central bank of South Korea) as economist in the Research Department. His research focuses on applying econometric techniques to address issues in open economy macroeconomics, monetary economics, and regional economic growth. He is currently interested in the dynamic behavior of relative prices and its implications on monetary policy.

Education

Education

    • 2000 PhD in Economics
      The Ohio State University, Columbus, Ohio, 2000
    • 1996 MA in Economics
      The Ohio State University, 1996
    • 1995 Certificate of completion in Financial Programming and Policies
      The International Monetary Fund (IMF), Washington D.C., 1995

Licensure and Certifications

Licensure and Certifications

    • 2018 UTA Inaugural Leadership Academy, UTA
    • 1995 Certificate of Completion on Financial Programming and Policies, International Monetary Fund (IMF)

Appointments

Appointments

    • Aug 2018 to Present Senior Research Fellow
      2M Research Services
    • Mar 2014 to Present Research Associate
      The Federal Reserve Bank of Dallas
    • Jan 2020 to Jan 2021 President Elect
      KAEA (United States)
    • Jan 2018 to Jan 2019 Vice President
      KAEA
    • Dec 2017 to Jan 2018 Visiting Professor
      Economics, Monash University (Melbourne, Australia)
    • Jan 2014 to Jan 2017 Secretary General
      The Korea-America Economic Association (KAEA)
      As Executive Secretary of the Korea-America Economic Association (KAEA) since January 2017, I have played a key role in the design, implementation, and overseeing of all the businesses of the KAEA that includes, but not limited to, organizing three academic sessions at the ASSA meeting in January, in addition to organizing the General Assembly Meeting and Annual Workshops, conducting elections of officials, forming various committees for regular businesses, periodic contacts of external donors and media, and orchestrating year-around other routine businesses.
    • Aug 2014 to Sept 2016 Faculty Advisor
      Korean Student Assoication
    • May 2015 to June 2015 Visiting Scholar
      SKKU in Korea
    • July 2010 to July 2010 Visiting Scholar
      Academia Sincina in Taiwan
    • Jan 1991 to Aug 1995 Economist
      The Bank of Korea (the central bank of Korea)
      Analyze the key issues in Korean and global economies at Research Department.
    • 1988 to 1990 Sergeant (E5)
      Republic of Korea (ROK) Army

Memberships

    • Jan 2017 to Present American Real Estate and Urban Economics Assc. (AREUEA)
      No
    • Jan 2014 to Present International Economics and Finance Society
      life-time member
    • Jan 2014 to Present The Korea-America Economic Association
      Secretary General
      http://kaea.org/
    • Jan 2010 to Present Southern Economic Association
    • Jan 2009 to Present The Society for Nonlinear Dynamics and Econometrics
    • Oct 2004 to Present Western Economic Association
    • Sept 2000 to Present Midwest Econometrics Group
      No
    • Jan 2000 to Present Econometric Society
      member
    • Jan 1999 to Present The American Economic Association
      member

Awards and Honors

    • Jun  2005 Summer Research Fund sponsored by University of New Hampshire
    • Jun  2004 Summer Faculty Fellowship sponsored by University of New Hampshire
    • Jun  2003 Summer Research Fund sponsored by University of New Hampshire
    • Jun  2002 Summer Research Fund sponsored by University of New Hampshire
    • Oct  2000 Departmental Citation for Excellence sponsored by The Ohio State University
    • Sep  2000 Dice Fellowship Award sponsored by The Ohio State University
    • Jun  2000 Graduate School Dissertation Research Grant sponsored by The Ohio State University

News Articles

News Articles

    • Jan 2020 KERA
      How an economist views the main theme of the Oscar nominated Korean film "Parasite".
    • Jan 2015 Dallas Fed Economic Letter
      The degree of price difference on goods and services among Texas metropolitan areas has increased over time, researchers wrote in a paper featured on the Dallas Fed Economic Letter, according to a paper co-authored by a UT Arlington associate professor in the College of Business. The study also showed that price varied among different goods and services among eight metropolitan cities surveyed. Finally, it showed Dallas was the most expensive city in the state. C.Y. Choi, UT Arlington associate professor of economics, co-wrote the paper.

Other Activities

Other Activities

      • Sept 2018
        (Arlington, TX)
        2M Research Service

Support & Funding

Support & Funding

This data is entered manually by the author of the profile and may duplicate data in the Sponsored Projects section.
    • Sept 2019 to Aug 2021 Identification and economic benefit analysis of climate-informed adaptation measures to reduce flood risk exposure of water supply infrastructures along southeast Texas coast sponsored by  -  $294467
      (Funded)
    • July 2019 to June 2021 Identification and quantification of economic benefits of climate-informed adaptation measures to reduce flood risk exposure of water supply infrastructure along the southeast Texas coast sponsored by  -  $294000
      Chi-Young Choi (Funded)
    • May 2015 to June 2016 Dynamics of sectoral inflation in Korea sponsored by  -  $10000
      Chi-Young Choi (Funded)
    • Past to Apr 2015 Korean National Science Fund (NSF) sponsored by  -  $0
      Chi-Young Choi (Not Funded)

Publications

Presentations

    • January  2020
      Choi, Chi-Young, "Do Housing Markets Affect Local Consumer Prices? - Evidence from U.S. Cities", ASSA and AEA, San Diego, CA. (January 5, 2020).
    • January  2020
      Choi, Chi-Young, "Understanding Geographic Comovement of House Prices among U.S. Cities: The Role of Financial Integration", ASSA and AEA, San Diego, CA. (January 3, 2020).
    • October  2019
      Choi, Chi-Young, "Understanding Geographic Comovement of House Prices among U.S. Cities: The Role of Financial Integration", Indiana University in Bloomington . (October 14, 2019).
    • October  2019
      Choi, Chi-Young, "Understanding Geographic Comovement of House Prices among U.S. Cities: The Role of Financial Integration", The Ohio State University, Columbus, OH. (October 11, 2019).
    • June  2019
      Choi, Chi-Young, "Understanding Geographic Comovement of House Prices among U.S. Cities: The Role of Financial Integration", Bocconi University , Milan, Italy. (June 25, 2019).
    • March  2019
      Choi, Chi-Young, "Understanding Comovements of House Prices: Evidence from U.S. Cities", FRB Dallas, TX. (March 29, 2019).
    • January  2019
      Choi, Chi-Young, "Regional Inequality in the U.S.: Evidence from City-level Purchasing Power", Atlanta, GA. (January 5, 2019).
    • November  2018
      Choi, C.Y., "Understanding Comovements of House Prices: Evidence from U.S. Cities", University of Texas at Arlingt. (November 14, 2018).
    • June  2018
      Choi, Chi-Young, "Geographic Inequality of Economic Well-being among U.S. Cities: Evidence from Micro Panel Data", Sogang University, Seoul, Korea. (June 21, 2018).
    • June  2018
      Choi, Chi-Young, "Geographic Inequality of Economic Well-being among U.S. Cities: Evidence from Micro Panel Data", Sogang University, Seoul, Korea. (June 19, 2018).
    • June  2018
      Choi, Chi-Young, "Regional Inequality in the U.S.: Evidence from City-level Purchasing Power", SKKU, Seoul, Korea. (June 14, 2018).
    • October  2017
      Choi, Chi-Young, , "Geographic Inequality of Economic Well-being among U.S. Cities: Evidence from Micro Panel Data", Midwest Econometrics Group, Texas A&M University, College Station, TX.. (October 21, 2017).
    • June  2017
      Choi, Chi-Young, , "Geographic Inequality of Economic Well-being among U.S. Cities: Evidence from Micro Panel Data", Academia Sinica, Taiwan, Academia Sinica, Taiwan. (June 8, 2017).
    • June  2017
      Choi, Chi-Young, , "Rethinking the Choice between Core and Headline Inflation: Does it Matter Which One to Target?", The Econometric Society, Chinese University of Hong Kong. (June 3, 2017).
    • November  2016
      Choi, Chi-Young, "Rethinking the Choice between Core and Headline Inflation: Does It Matter Which One to Target?", SEA, Washington D.C.. (November 20, 2016).
    • August  2016
      Choi, Chi-Young, "Segmentation of Consumer Markets in the U.S.: What Do the U.S. Retail Prices Tell Us?", Kyoto, Japan. (August 12, 2016).
    • August  2016
      Choi, Chi-Young, "Geographic Income Inequalities and Consumer Prices in the U.S.: The Role of Housing Prices", Korean Economic Association, Sogang University, Seoul, Korea. (August 9, 2016).
    • October  2015
      Choi, Chi-Young, "Segmentation of Consumer Markets in the U.S.: What Do the U.S. Retail Prices Tell Us?", Federal Reserve Bank of St. Louis, St. Louis, MO. (October 16, 2015).
    • August  2015
      Choi, Chi-Young, "The Role of Two Frictions in Geographic Price Dispersion: When Market Friction Meets Nominal Rigidities", Montreal, Canada. (August , 2015).
    • June  2015
      Choi, Chi-Young, "Segmentation of Consumer Markets in a Currency Union: What Do the U.S. Retail Prices Tell Us?", Korea University, Seoul, Korea. (June , 2015).
    • June  2015
      Choi, Chi-Young, "The Role of Two Frictions in Geographic Price Dispersion: When Market Friction Meets Nominal Rigidities", Korea University, Seoul, Korea. (June 4, 2015).
    • March  2015
      Choi, Chi-Young, "Segmentation of Consumer Markets in the U.S.: What Do the U.S. Retail Prices Tell Us?", Lancaster University, Lancaster, U.K.. (March 10, 2015).
    • November  2014
      Choi, Chi-Young, "The Role of Two Frictions in Geographic Price Dispersion: When Market Friction Meets Nominal Rigidities", Baylor University, Waco, TX. (November 14, 2014).
    • November  2014
      Choi, Chi-Young, "The Role of Two Frictions in Geographic Price Dispersion: When Market Friction Meets Nominal Rigidities", Federal Reserve Bank of Dallas, Dallas, TX. (November 4, 2014).
    • June  2014
      Choi, Chi-Young, "Impact of Monetary Policy Regime Change on Regional Inflation Dynamics : A Sectoral Analysis", Xiamen, China. (June 25, 2014).
    • June  2014
      Choi, Chi-Young, "Discontinuing of output convergence within the U.S : Why has the course changed", Xiamen University, Xiamen. (June 23, 2014).
    • June  2014
      Choi, Chi-Young, "Discontinuing of output convergence within the U.S : Why has the course changed", Taipei, Taiwan. (June 21, 2014).

Students Supervised

    • Present
      Dissertation Committee Member
      Aoyu Hou, Ph.D. Student at University of Texas at Dallas (Economics)
      Economic Growth and Income Inequality
    • May 2013
      Master's Thesis Committee Chair
      Daniel Allen,
    • May 2012
      Dissertation Committee Member
      Aliya Sassi,
    • May 2011
      Master's Thesis Committee Member
      Greg Phelan, MA
    • May 2011
      Master's Thesis Committee Member
      Minjie Guo,
    • May 2007
      Dissertation Committee Member
      Nevine Cavusoglu, Ph.D.
    • May 2004
      Master's Thesis Committee Member
      Min Qiang Kent Zhao,

Courses

      • ECON 5327-001 MON POL/FINAN SYSTEM ANALYSIS
        (Course Id: 100615)
        Spring - Regular Academic Session - 2021
      • ECON 3303-004 MONEY & BANKING
        (Course Id: 100558)
        Spring - Regular Academic Session - 2021
      • ECON 5382-001 INDEPENDENT STUDIES IN ECON
        (Course Id: 100631)
        Fall - Regular Academic Session - 2020
      • ECON 3312-001 MACROECONOMICS
        (Course Id: 100563)
        Fall - Regular Academic Session - 2020
      • ECON 3303-003 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2020
      • ECON 5327-001 MON POL/FINAN SYSTEM ANALYSIS
        (Course Id: 100615)
        Spring - Regular Academic Session - 2020
      • ECON 3303-010 MONEY & BANKING
        (Course Id: 100558)
        Spring - Regular Academic Session - 2020
      • ECON 4331-002 SEMINAR IN ECONOMICS
        (Topic: Money&Banking in the Eurozone | Course Id: 100586)
        Spring - Regular Academic Session - 2020
      • ECON 3312-001 MACROECONOMICS
        (Course Id: 100563)
        Fall - Regular Academic Session - 2019
      • ECON 5391-001 SPECIAL TOPICS IN ECONOMICS
        (Course Id: 100632)
        Fall - Regular Academic Session - 2019
      • ECON 5382-1
        Summer - 2019
      • ECON 5382-001 INDEPENDENT STUDIES IN ECON
        (Course Id: 100631)
        Summer - Eleven Week - 2019
      • ECON 5327-1
        Spring - 2019
      • ECON 5327-001 MON POL/FINAN SYSTEM ANALYSIS
        (Course Id: 100615)
        Spring - Regular Academic Session - 2019
      • ECON 3303-003 MONEY & BANKING
        (Course Id: 100558)
        Spring - Regular Academic Session - 2019
      • ECON 3303-004 MONEY & BANKING
        (Course Id: 100558)
        Spring - Regular Academic Session - 2019
      • ECON 3312-001 MACROECONOMICS
        (Course Id: 100563)
        Fall - Regular Academic Session - 2018
      • ECON 4391-002 STUDIES IN ECONOMICS
        (Course Id: 100589)
        Fall - Regular Academic Session - 2018
      • ECON 5327-001 MON POL/FINAN SYSTEM ANALYSIS
        (Course Id: 100615)
        Spring - Regular Academic Session - 2018 Download Syllabus
      • ECON 3303-004 MONEY & BANKING
        (Course Id: 100558)
        Spring - Regular Academic Session - 2018 Download Syllabus
      • ECON 3312-001 MACROECONOMICS
        (Course Id: 100563)
        Fall - Regular Academic Session - 2017 Download Syllabus
      • ECON 3303-006 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2017 Download Syllabus
      • ECON 5327-001 MON POL/FINAN SYSTEM ANALYSIS
        (Course Id: 100615)
        Spring - Regular Academic Session - 2017
      • ECON 5338-001 APPLIED TIME SERIES
        (Course Id: 100626)
        Fall - Regular Academic Session - 2016
      • ECON 3303-003 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2016
      • ECON 3303-005 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2016
      • BSAD 6315-001 TIME SERIES
        (Course Id: 100875)
        Fall - Regular Academic Session - 2016
      • ECON 5327-001 MON POL/FINAN SYSTEM ANALYSIS
        (Course Id: 100615)
        Spring - Regular Academic Session - 2016
      • ECON 3303-004 MONEY & BANKING
        (Course Id: 100558)
        Spring - Regular Academic Session - 2016
      • ECON 3312-001 MACROECONOMICS
        (Course Id: 100563)
        Fall - Regular Academic Session - 2015
      • ECON 3303-005 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2015
      • ECON 5338-001 APPLIED TIME SERIES
        (Course Id: 100626)
        Spring - Regular Academic Session - 2015
      • ECON 5312-001 MACROECONOMIC THEORY
        (Course Id: 100603)
        Spring - Regular Academic Session - 2015
      • ECON 3303-001 MONEY & BANKING
        (Course Id: 100558)
        Spring - Regular Academic Session - 2015
      • BSAD 6315-001 TIME SERIES
        (Course Id: 100875)
        Spring - Regular Academic Session - 2015
      • ECON 5338-001 APPLIED TIME SERIES
        (Course Id: 100626)
        Spring - Regular Academic Session - 2014
      • ECON 5312-001 MACROECONOMIC THEORY
        (Course Id: 100603)
        Spring - Regular Academic Session - 2014
      • BSAD 6315-001 TIME SERIES
        (Course Id: 100875)
        Spring - Regular Academic Session - 2014
      • ECON 3303-004 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2013
      • ECON 3303-005 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2013
      • ECON 3303-001 MONEY & BANKING
        (Course Id: 100558)
        Summer - Five Week - Second - 2013
      • ECON 5338-001 APPLIED TIME SERIES
        (Course Id: 100626)
        Spring - Regular Academic Session - 2013
      • ECON 5312-001 MACROECONOMIC THEORY
        (Course Id: 100603)
        Spring - Regular Academic Session - 2013
      • ECON 5698-001 THESIS
        (Course Id: 100634)
        Spring - Regular Academic Session - 2013
      • BSAD 6315-001 TIME SERIES
        (Course Id: 100875)
        Spring - Regular Academic Session - 2013
      • ECON 3303-004 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2012
      • ECON 3303-005 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2012
      • ECON 5398-001 THESIS
        (Course Id: 100633)
        Fall - Regular Academic Session - 2012
      • ECON 5382-001 INDEPENDENT STUDIES IN ECON
        (Course Id: 100631)
        Summer - Eleven Week - 2012
      • ECON 5338-001 APPLIED TIME SERIES
        (Course Id: 100626)
        Spring - Regular Academic Session - 2012
      • ECON 5312-001 MACROECONOMIC THEORY
        (Course Id: 100603)
        Spring - Regular Academic Session - 2012
      • BSAD 6315-001 TIME SERIES
        (Course Id: 100875)
        Spring - Regular Academic Session - 2012
      • ECON 3303-003 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2011
      • ECON 3303-004 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2011
      • ECON 3312-001 MACROECONOMICS
        (Course Id: 100563)
        Summer - Five Week - First - 2011
      • ECON 5338-001 APPLIED TIME SERIES
        (Course Id: 100626)
        Spring - Regular Academic Session - 2011
      • ECON 5312-001 MACROECONOMIC THEORY
        (Course Id: 100603)
        Spring - Regular Academic Session - 2011
      • BSAD 6315-001 TIME SERIES
        (Course Id: 100875)
        Spring - Regular Academic Session - 2011
      • ECON 3318-001 INTRODUCTION TO ECONOMETRICS
        (Course Id: 100565)
        Fall - Regular Academic Session - 2010
      • ECON 3303-005 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2010
      • ECON 3303-001 MONEY & BANKING
        (Course Id: 100558)
        Summer - Five Week - Second - 2010
      • ECON 5398-001 THESIS
        (Course Id: 100633)
        Summer - Eleven Week - 2010
      • ECON 5312-001 MACROECONOMIC THEORY
        (Course Id: 100603)
        Spring - Regular Academic Session - 2010
      • ECON 3303-004 MONEY & BANKING
        (Course Id: 100558)
        Spring - Regular Academic Session - 2010
      • ECON 3303-006 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2009
      • ECON 3303-007 MONEY & BANKING
        (Course Id: 100558)
        Fall - Regular Academic Session - 2009
      • ECON 3312-1 MACROECONOMICS
        (Course Id: 100563)
        Summer - Five Week - First - 2001

Service to the University

    • Oct 2019 to  Present Committee Member
      Library Appeals Panel
    • Sept 2019 to  Present Committee Member
      Non-list research evaluation committee
    • Aug 2019 to  Present Task Force Chair
      University Strategic Plan
    • June 2019 to  Present Chairperson
      P&T committee
    • Dec 2018 to  Present Committee Member
      Review committee for endowed professorship
    • Nov 2018 to  Present Committee Member
      MS Real Estate Committee
    • Oct 2018 to  Present Committee Chair
      CPE Committee
    • Aug 2018 to  Present Committee Chair
      Faculty Search Committee
    • Nov 2017 to  Present Committee Member
      Faculty Performance Evaluation Committee (ad hoc)
    • Aug 2017 to  Present Committee Member
      Research Committee
    • May 2017 to  Present Program Coordinator
      Liaison to the Federal Statistics Research Data Center (RDC)
    • 2014 to  Present Faculty Advisor
      Korean Student Association
    • July 2013 to  Present Committee Chair
      Strategic Committee on Grant Revenue and External Funding
    • Aug 2017 to  Mar 2018 Committee Member
      P&T Committee
    • Aug 2017 to  Jan 2018 Committee Chair
      COB Review Committee for Associate Deans
    • Aug 2017 to  Dec 2017 Committee Member
      P&T Committee for Finance & Real Estate Department
    • July 2017 to  Oct 2017 Committee Member
      Department P&T Committee, Finance & Real Estate
    • Jan 2017 to  May 2017 Committee Chair
      Review Committee for Associate Deans
    • Sept 2014 to  May 2015 Committee Member
      Faculty Search Committee
    • Aug 2011 to  May 2015 Committee Member
      Undergraduate Assembly
    • Aug 2011 to  June 2014 Committee Chair
      Grade Grievance Committee
    • July 2013 to  May 2014 Committee Member
      HCAD Director Search Committee
    • Aug 2011 to  May 2013 Committee Member
      Faculty Composition and Qualifications Committee
    • Apr 2012 to  May 2013 Committee Member
      Faculty Handbook Committee
    • Aug 2011 to  May 2013 Faculty Mentor
      Faculty Mentoring Program

Service to the Profession

    • Jan 2018 to  Present
      Officer, Vice President
      KAEA
    • Jan 2014 to  Present
      Officer, Secretary
      KAEA