Academic Sessions

The KAEA held three academic sessions at the 2010 ASSA meeting in Atlanta (Jan 3-5). The topic of the joint session with AEA was "Global Financial Crisis, Regional Integration, and Policy Responses in East Asia." The session was quite successful with more than 60 people attending. The other two KAEA sessions were on the topics of "Individual Preferences, Economic Decisions, and Their Policy Implications" and "Economic Issues in Asia: Development, Integration and Globalization." Starting in 2008, the AEA office allocates one KAEA session to the new time slot starting at 12:30 pm. The latter session was assigned for the lunch time slot and the attendance was quite high; about 30 people attended including a number of non-Koreans who are not related to the KAEA.

2010 Annual Business Meeting

The 2010 Annual Business Meeting was held on January 4. This year's meeting included the Maekyung-KAEA forum titled "In the Aftermath of Global Financial Crisis: Implications of a New Economic Order with G20." The speaker was Jeffrey Frankel (Harvard), and the moderator was Prof. Yoonbai Kim.

The revised Bylaws were passed without any objection at the business meeting.

This is the fifth year that we continue the Maekyung-KAEA Economist Award, sponsored by the Maekyung Business Newspaper, which is given to a KAEA member who has made a significant contribution to the academic research in economics. This year, Professor Jinyong Hahn at UCLA received this award with a $5,000 cash prize.

The Young Scholar Awards funded by the KAEA were given to Prof. Kevin Song and Prof. Horag Choi. This annual award is to recognize young scholars' academic accomplishments and to foster scholarship in economics.

There were five service awards for their devoted service. The recipients were President Yoonbai Kim, Vice President Kwang Soo Cheong, Senior Investment Guardian Kang Hoon Park, Graduate Student Travel Scholarship Committee Chair Bang Nam Jeon, and Dr. Sang-Dal Shim at KDI.

This year's annual banquet dinner was held at Red and Green Brazilian Restaurant. After the dinner, KAEA's quarter-centennial anniversary was celebrated.

Panel Discussion on Korean Economy

Discussions on the current economic issues in Korea were continued on the following day in the Panel Discussion on "The Economic Prospects of Korea in the Aftermath of Global Financial Crisis." The panel was chaired by Prof. Sunwoong Kim. About 40 people attended this forum.

KAEA Workshops

Two sessions were organized this year by KAEA: Economic Shocks and Asset Price Dynamics, and Empirical Analyses of Socio-Economic Phenomena. Six papers were presented in the two sessions. About 10 people attended in each session.

Here are some of the photos taken at the 25th annual meeting.

Congratulatory Messages (wmv files) on KAEA's 25th Anniversary from

Photos of the past

2010 WEAI-KAEA-KEA Meeting
June 29 - July 3, 2010
Portland, Oregon

Call for Papers

The 85th Annual Conference of the Western Economic Association International (WEAI) will be held June 29-July 3, 2010 at the Hilton Portland & Executive Tower, Oregon. The Korea-America Economic Association (KAEA) plans to organize several sessions of this WEAI conference jointly with the Korean Economic Association (KEA). We sincerely invite the members of the KEA and the KAEA to join in this wonderful event.

Theoretical and empirical papers on all aspects of economics are invited. If interested, please submit to Professor Young-Kyu Moh (young-kyu.moh@ttu.edu) by e-mail your completed paper or extended abstract including

There is no submission fee for the qualified members of the KEA or the KAEA. In addition, the session participants can register at the WEAI member rate regardless of their membership status with the WEAI. However, all participants will be required to register for the conference and responsible for their own expenses.

For KAEA members, qualification for paper submission is lifetime membership or the payment of annual membership dues for both 2009 and 2010 by the time of submission.

Submitted papers will be blind-reviewed by the referees. All presenters are strongly urged to serve as discussants (and session chairs, if requested) for the WEAI-KAEA-KEA sessions.

The 2010 annual meeting of the Southern Economic Association will be held in Atlanta, GA at the Sheraton Atlanta, November 20-22 (Saturday to Monday). KAEA plans to ask two to three KAEA-SEA sessions depending on responses. In the past several years, KAEA has been able to accommodate all submitted papers from KAEA members. KAEA is hoping to continue the tradition.

If interested, please email the abstract of the proposed paper in any area, or a letter of interest for session chair or a discussant, to Professor Semoon Chang at SCHANG@USOUTHAL.EDU by no later than March 1.