About Me
I am a Postdoctoral Research Associate in the Department of Finance at Imperial College London, where I work with Franklin Allen. My research focuses on corporate finance, with particular interests in networks, information disclosure, and financial systems.
In September 2026, I will join the University of Oxford as a Postdoctoral Researcher in the Department of Engineering Science, focusing on the architecture of financial systems. I am also a Co-Founder of HEY and a Visiting Research Fellow at Hashed Open Research.
Previously, I held a Wallenberg Postdoctoral Fellowship at the Stockholm School of Economics, where I worked with Alexander Ljungqvist. Before moving to Stockholm, I earned my BA, MA, and PhD in Economics in the United States. I disclose that I am paid for contributing to periodic updates of Principles of Corporate Finance.
jae-hyoung.kim@imperial.ac.uk
jhryankim@gmail.com (permanent)
Research
Competition for Talent: Evidence from a Network of Labor Market Peers
Jae Hyoung Kim
Presentation at the AFA 2021 Annual Meeting
[paper]
Information Externalities among Listed Firms
Jae Hyoung Kim, Alexander Ljungqvist
Presentation at the AFA 2022 Annual Meeting
[paper]
Inflation Targeting and Financial Stability
Franklin Allen, Jae Hyoung Kim, Ansgar Walther
Keynotes by Franklin Allen at Sveriges Riksbank and LSE in 2024
[paper]
Weathering Monetary Shocks: Nonbank Lending and Bank Ownership
Jae Hyoung Kim
Presentation at the World Congress in 2025
[paper]
Testing the Bitcoin Security Model
Jae Hyoung Kim
Revise and resubmit
[paper]
Catching Information Bluffs with AI: Evidence from Initial Coin Offerings
Jae Hyoung Kim
[paper]
Stablecoins as Nonbank Money
Jae Hyoung Kim
[paper]
Research in Progress
Central Bank Digital Currency (Working title)
Keynotes by Franklin Allen at Sveriges Riksbank in 2023 and Banca d'Italia in 2024
Franklin Allen, Jae Hyoung Kim, Ansgar Walther
Initial Coin Offerings, Financial Innovation, and Financial Regulation (Working title)
Keynotes by Franklin Allen at Banca d'Italia in 2025
Franklin Allen, Jae Hyoung Kim, Tong Yu
Discussion of Green Coins (Working title)
Presentation at Banca d'Italia in 2025
Jae Hyoung Kim
Strategic Dislcosure (Working title)
Jae Hyoung Kim, Alexander Ljungqvist
Cost of Disclosure (Working title)
Jae Hyoung Kim, Alexander Ljungqvist
Teaching
Corporate Finance (Undergraduate)
Franklin Allen, 2024
Corporate Finance II (MBA)
Franklin Allen, 2024, 2025
Corporate Finance I (MBA)
Franklin Allen, 2023, 2024
Corporate Finance (PhD)
Franklin Allen, 2023, 2025
Blockchain and Applications (Masters)
Emiliano Pagnotta, 2023
International Teachers Programme
Financial support of €15,500, 2025