Faculty
Han, Jungsuk
Professor(Chong K. Liew Junior Chaired Professor) / Finance
Contact
02-880-6931
58-403
jungsuk.han@snu.ac.kr
HomepageProfessor Introduction
Jungsuk Han is a Professor of Finance at Seoul National University. He received his PhD in Finance from London Business School in 2010. Prior to joining Seoul National University in 2022, he served on the faculty of the Stockholm School of Economics, first as an Assistant Professor of Finance (2010~2017) and then as an Associate Professor of Finance (2017~2022). He was promoted to Full Professor at Seoul National University in 2026, and has been appointed as the Chong K. Liew Junior Chaired Professor since 2025. He also served as Director of the MBA Program from 2024 to 2025 and has served as Deputy Director of the AMP since 2026.
At Seoul National University, he teaches Financial Management (BBA), Investments (BBA), Financial Engineering (BBA), Portfolio Management (MS), and Asset Pricing Theory (PhD). At the Stockholm School of Economics, he taught Investments (BSc), Portfolio Choice and Asset Pricing (MFIN), and Asset Pricing Theory (PhD). He received the SNU Business School Outstanding Teaching Award in 2022 and 2024.
His research focuses on asset pricing under imperfect information, market microstructure, financial intermediation, limits to arbitrage and asset price bubbles. His work has been published in leading journals including the Journal of Economic Theory, Journal of Finance, Journal of Financial Economics, Journal of Monetary Economics, Management Science, and the Review of Financial Studies. He received the Journal of Finance Brattle Group Prize for a Distinguished Paper in 2018.
Download CV ↓
At Seoul National University, he teaches Financial Management (BBA), Investments (BBA), Financial Engineering (BBA), Portfolio Management (MS), and Asset Pricing Theory (PhD). At the Stockholm School of Economics, he taught Investments (BSc), Portfolio Choice and Asset Pricing (MFIN), and Asset Pricing Theory (PhD). He received the SNU Business School Outstanding Teaching Award in 2022 and 2024.
His research focuses on asset pricing under imperfect information, market microstructure, financial intermediation, limits to arbitrage and asset price bubbles. His work has been published in leading journals including the Journal of Economic Theory, Journal of Finance, Journal of Financial Economics, Journal of Monetary Economics, Management Science, and the Review of Financial Studies. He received the Journal of Finance Brattle Group Prize for a Distinguished Paper in 2018.
Publications
Dao Governance (with Jongsub Lee and Tao Li), Management Science, Forthcoming
Career Concerns, Short-Termism, and Real Options: The Case of Delegated Money Management (with Jules H. van Binsbergen, Hongxun Ruan and Ran Xing), Journal of Finance, Forthcoming
All That Glitters: A Theory of Multiple Bubbles with Implications for Cryptocurrencies (with Yenan Wang), Journal of Monetary Economics, 2025, 152, 103764.
A review of DAO governance: Recent literature and emerging trends (with Jongsub Lee and Tao Li), Journal of Corporate Finance, 2025, 91, 102734
The Short-Termism Trap: Catering to Informed Investors with Limited Horizons (with James Dow and Francesco Sangiorgi), Journal of Financial Economics, 2024, 159, 103884
A Horizon Based Decomposition of Mutual Fund Value Added Using Transactions (with Jules H. van Binsbergen, Hongxun Ruan and Ran Xing), Journal of Finance, 2024, 79(3), 1715-2393
Hysteresis in price efficiency and the economics of slow moving capital (with James Dow and Francesco Sangiorgi), Review of Financial Studies, 2021, 34, 2857-2909
Searching for Information (with Francesco Sangiorgi), Journal of Economic Theory, 2018, 175, 342-373
Speculative Equilibrium with Differences in Higher-Order Beliefs (with Albert S. Kyle), Management Science, 2018, 64(9), 4317-4332
The Paradox of Financial Fire Sales: the Role of Arbitrage Capital in Determining Liquidity (with James Dow), Journal of Finance, 2018, 73(1), 229-274
- Brattle Group Prize Distinguished Paper Award for 2018
Contractual Incompleteness, Limited Liability and Asset Price Bubbles (with James Dow), Journal of Financial Economics, 2015, 116(2), 383-409
Career Concerns, Short-Termism, and Real Options: The Case of Delegated Money Management (with Jules H. van Binsbergen, Hongxun Ruan and Ran Xing), Journal of Finance, Forthcoming
All That Glitters: A Theory of Multiple Bubbles with Implications for Cryptocurrencies (with Yenan Wang), Journal of Monetary Economics, 2025, 152, 103764.
A review of DAO governance: Recent literature and emerging trends (with Jongsub Lee and Tao Li), Journal of Corporate Finance, 2025, 91, 102734
The Short-Termism Trap: Catering to Informed Investors with Limited Horizons (with James Dow and Francesco Sangiorgi), Journal of Financial Economics, 2024, 159, 103884
A Horizon Based Decomposition of Mutual Fund Value Added Using Transactions (with Jules H. van Binsbergen, Hongxun Ruan and Ran Xing), Journal of Finance, 2024, 79(3), 1715-2393
Hysteresis in price efficiency and the economics of slow moving capital (with James Dow and Francesco Sangiorgi), Review of Financial Studies, 2021, 34, 2857-2909
Searching for Information (with Francesco Sangiorgi), Journal of Economic Theory, 2018, 175, 342-373
Speculative Equilibrium with Differences in Higher-Order Beliefs (with Albert S. Kyle), Management Science, 2018, 64(9), 4317-4332
The Paradox of Financial Fire Sales: the Role of Arbitrage Capital in Determining Liquidity (with James Dow), Journal of Finance, 2018, 73(1), 229-274
- Brattle Group Prize Distinguished Paper Award for 2018
Contractual Incompleteness, Limited Liability and Asset Price Bubbles (with James Dow), Journal of Financial Economics, 2015, 116(2), 383-409
