Yurim Lee

Central Washington University | CWU · Department of Economics

Rare earth elements (REE) are crucial in supporting multiple industries with new technologies. Thus the U.S.’ demand for rare earth oxide (REO) is on the rise. Yet, most of the REO supply comes from China, which exposes the U.S. to supply risks similar to that observed by the export quota imposed by China in 2010–2011. This paper uses supply and de...

Ever since the financial crisis of 2007–2008, the policy community has woken up to the pressing need for reform of the banking and financial sector. An important goal is to institute structural changes that would maintain robust financial markets and the use of innovative financial products, while preventing the corrosive social and political crise...

Principles of Macroeconomics Workbook introduces students of economics and business to understanding and solving fundamental macroeconomic models via basic mathematics. It covers principle macroeconomic topics and can be paired with various textbooks, including the Macroeconomics by Krugman and Wells. The topics covered in the workbook include:...

We study the consequences of different degrees of international financial market integration and exchange rate policies in a calibrated, medium-scale model of the Korean economy. The model features endogenous producer entry into domestic and export markets and search-and-matching frictions in labor markets. This allows us to highlight the consequen...