Kyung Park
Associate Professor of Economics
Links
My research interests encompass political economy, legal systems, and affordable housing.
Currently, I am exploring the impacts of affordable housing initiatives and examining how housing affordability has evolved in recent years. My work aims to shed light on the complex interplay between economic policies, legal frameworks, and housing accessibility. I welcome inquiries from colleagues and students interested in discussing these topics further.
At Wellesley, I teach a range of courses that reflect my expertise and research focus. These include Intermediate Microeconomic Theory (Econ 201), Econometrics (Econ 203), Advanced Econometrics (Econ 303), and Economics of Law, Policy, and Inequality (Econ 327). Additionally, I am excited to be introducing a new course on Contemporary Macroeconomic Policy, which will explore current economic challenges and policy responses.
Education
- B.A., University of Chicago
- M.A., University of Chicago
- Ph.D., University of Chicago
Current and upcoming courses
Econometrics
ECON203
This course introduces students to the methods economists use to assess empirical relationships, primarily regression analysis. Issues examined include statistical significance, goodness-of-fit, dummy variables, and model assumptions. Includes an introduction to panel data models, instrumental variables, and randomized and natural experiments. Students learn to apply the concepts to data, read economic research, and write an empirical research paper.
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Topics in Applied Data Analysis: Housing Markets
ECON200
The U.S. housing market is widely described as facing a deepening affordability crisis. This class centers on the following questions: What defines a “housing crisis”? What present and historical factors have contributed to the affordability? How can empirical evidence be used to distinguish between 'crisis' and mere 'challenges' in such markets?