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KOREA INSTITUTE OF PUBLIC FINANCEKOREA INSTITUTE OF PUBLIC FINANCE

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Creating a brighter tomorrow for all. We will strive to become a policy research
institute that improves the quality of life for all citizens.

President's Profile

Thank you for Visiting the Korea Institute of Public Finance (KIPF) web site.
Lee young Ph.D. in Economics from the University of Michigan
Professional Experience
  • 2024.09.~President, Korea Institute of Public Finance
  • 2011.03.~2024.09. Professor, Hanyang University
  • 2020.09.~2024.09. Dean, College of Economics and Finance, Hanyang University
  • 2015.10.~2017.05. Vice Minister, Ministry of Education
  • 2012.08.~2015.10.Dean, Office for Planning and Budget, Hanyang University
  • 2006.03.~2011.02. Associate Professor, Hanyang University
  • 2002.03.~2006.02. Assistant Professor, Hanyang University
  • 2000.07.~2002.02. Research Fellow, Korea Development Institute (KDI)
  • 1998.02.~2000.06. Faculty Research Associate Center for Institutional Reform and the Informal Sector (IRIS) Department of Economics, University of Maryland
  • 1998.06.~2000.06. Consultant, the World Bank (WBI, ECA, ESA)
Work Experience
  • Jeong Hwan Lee and Young Lee. "Taxes, payout policy, and share prices: Evidence from DID analysis using Korea’s 2015-2017 dividend tax cut.“ The Korean Economic Review. vol. 40, number 1, pp. 77-106, January 2024.
  • Young Lee. "Competition in Corporate and Personal Income Tax: Evidence from 67 Developed and Developing Countries." The Korean Economic Review. vol. 36, number 1, pp. 101-133, January 2020.
  • Park, Jinbaek and Young Lee. "Corporate income taxes, corporate debt, and household debt." International Tax and Public Finance. vol. 26, number 3, pp. 506-535, June 2019.
  • Kim, Taejong, Ju-Ho Lee, and Young Lee. "Mixing versus Sorting in School Organization," Economics of Education Review, vol. 27, pp. 697-711, December 2008.
  • Lee, Young and Omar Azfar. "Corruption and Trade Regulations: an Instrumental Variable Approach?," Applied Economics Letter, vol. 15 issue 3, pp. 231-234, February 2008.
  • Lee, Young and Taeyoon Sung. "Fiscal Policy, Business Cycles and Economic Stabilization: Evidence from Industrial and Developing Countries," Fiscal Studies, vol. 28 no. 4, pp. 437-462, December 2007.
  • Gordon, Roger and Young Lee. "Interest Rates, Taxes, and Corporate Financial Policies". National Tax Journal, vol. 60 no. 1, pp. 65-84, March 2007.
    * We received the Richard Musgrave Prize from National Tax Association in June 2008.
  • Lee, Young, Changyong Rhee, and Taeyoon Sung. "Fiscal Policy in Korea: Before and After the Financial Crisis," International Tax and Public Finance, vol. 13 no. 4, pp. 509-531, August 2006.
  • Lee, Young and Roger Gordon. "Tax Structure and Economic Growth". Journal of Public Economics. vol. 89 no. 5-6, pp. 1027-1043. June 2005.
  • Gordon, Roger and Young Lee. "Do Taxes Affect Corporate Debt Policy?: Evidence from US Corporate Tax Return Data," Journal of Public Economics, vol. 82 no. 2, pp. 195-224, October 2001. (Earlier version in NBER working paper, #7433)
  • Swamy, Anand, Steve Knack, Young Lee and Omar Azfar. "Gender and Corruption," Journal of Development Economics, vol. 64 no. 1, pp. 25-55, February 2001.
  • Swamy, Anand, Young Lee, and Omar Azfar. "Causes and Consequences of Corruption," Annals of the American Academy of Social and Political Science, vol. 573, pp. 42-56, January 2001.
  • Anderson, James, Young Lee, and Peter Murrell. "Competition and Privatization Amidst Weak Institutions: Evidence from Mongolia." Economic Inquiry, vol. 38 no. 4, pp. 527-549, October 2000.
  • Lee, Young. "Wages and Employment in China's SOEs, 1980-1994: Corporatization, Market Development and Insider Forces." Journal of Comparative Economics, vol. 27 no. 4., pp. 702-729, December 1999.
  • Lee, Young. "Bank Loans, Self-financing, and Grants in Chinese SOEs: Optimal Policy under Incomplete Information." Journal of Comparative Economics, vol. 24 no. 2, pp. 140-160, April 1997.