Ohyun Kwon

Research

My research is in international trade, with a focus on economic sanctions, globalization and the environment, and trade policy. Full details are in my CV and on Google Scholar.

Publications

  1. “A Generalized Poisson-Pseudo Maximum Likelihood Estimator” (with Jangsu Yoon and Yoto V. Yotov). Journal of Business & Economic Statistics 44, no. 2 (2026): 560–573. DOI
  2. “The Reallocation Effect of Emissions Cap-and-Trade: Evidence from China” (with Hao Zhao and Min Qiang Zhao). Canadian Journal of Economics 58 (2025): 1311–1337. DOI
  3. “International Trade and the Currency Composition of Corporate Debt” (with Yang Jiao and Saiah Lee). Journal of Money, Credit and Banking, forthcoming.
  4. “The Global Sanctions Data Base — Release 4: The Heterogeneous Effects of the Sanctions on Russia” (with Erdal Yalcin, Gabriel Felbermayr, Heider Kariem, Aleksandra Kirilakha, Constantinos Syropoulos, and Yoto V. Yotov). The World Economy 48, no. 9 (2025): 2003–2017. DOI
  5. “Identifying and Quantifying the Extraterritorial Effects of Sanctions” (with Constantinos Syropoulos and Yoto V. Yotov). European Economic Review 170 (2024): 104888. open access
  6. “Global Firms and Emissions: Investigating the Dual Channels of Emissions Abatement” (with Hao Zhao and Min Qiang Zhao). Journal of Environmental Economics and Management 118 (2023): 102772.

Working Papers

  1. “Instrumental-Variable Poisson PML with High-Dimensional Fixed Effects” (with Mario Larch, Jangsu Yoon, and Yoto V. Yotov), April 2026. [PDF]
  2. “Product-Level Emission Intensities: Measurement and Application to the Carbon Border Adjustment Mechanism” (with Hao Zhao and Min Qiang Zhao), August 2025. [PDF]
  3. “From Imposition to Lifting: Estimating the Effects of Sanctions Over Their Lifecycle” (with Arne J. Nagengast, Jangsu Yoon, and Yoto V. Yotov), July 2024. [PDF]
  4. “Do Sanctions Affect Growth?” (with Constantinos Syropoulos and Yoto V. Yotov), January 2026. Revision requested, International Economic Review. [PDF]
  5. “Does RMB Internationalization Promote Cross-Border Trade?” (with Yang Jiao and Saiah Lee), September 2024. [PDF]

Work in Progress

  1. “Bias Decomposition in Nonlinear Difference-in-Differences: The Case of Sanctions” (with Arne J. Nagengast, Jangsu Yoon, and Yoto V. Yotov).
  2. “On the Estimation of Clean Technology Using Firm-level Production and Emissions Data” (with Hongsong Zhang, Hao Zhao, and Min Qiang Zhao).
  3. “Currency Swap and Export Currency Invoicing” (with Yang Jiao, Saiah Lee, and Shang-Jin Wei).

Policy and Other Writings