Woongki Lee, Ph.D. (Korean: 이웅기)

Finance Theorist · CV · ORCID · OSF · Google Scholar

November 2026 News:

Speculation-Based Asset Pricing published online (North American Journal of Economics and Finance). DOI: 10.1016/j.najef.2026.102749 [SocArXiv]

August 2026 News:

Fund Manager Beta in Tactical Asset Allocation accepted (Asset Management Review). [SocArXiv]

July 2026 News:

Crypto Bubble Dashboard launched. It decomposes cryptocurrency prices into fundamental and bubble components.

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I am a Postdoctoral Researcher in the Department of Economics at Yonsei University in Seoul, Republic of Korea. I earned a Ph.D. in Finance (2019) from Korea University and a B.A. in Economics (2013) from Inha University.

My research interests include theoretical and empirical asset pricing, factor models, stochastic discount factors, mispricing, asset price dynamics, portfolio choice, corporate finance, and valuation. Related areas of interest include return predictability, momentum, systemic risk, active investment management, performance evaluation, capital structure, macroeconomic flows, value creation and conversion, and economic equilibrium.

I am the author of New Ideas in Financial Economics: 25 Theoretical Proposals and Academic Synonymbank: A Writing Resource. Econengine is an independent research project exploring a systematic grammar for economic analysis.