[1] Ranked among the Top 9% of economists worldwide on IDEAS/RePEc (as of May 2025)
[2] Lawrence W. Ryan Distinguished Teaching Award, voted by the graduating undergraduate class, Driehaus College of Business, DePaul University, May 2, 2025.
[3] Wicklander Fellowship, Institute for Business and Professional Ethics, Driehaus College of Business, DePaul University, 2023-2024
[4] Research Grant from Driehaus College of Business, DePaul University, 2005-2009, 2015, 2019, 2020, 2022- 2025
[5] Distinguished Alumni Award (Excellence in Research and Education), Yonsei University, 2021
[6] University Research Council Research Grant, DePaul University, 2019
[7] Institutional Investor Survey, Asia Economist Team of Bank of America Merrill Lynch, Global Top #3, 2017
[8] Institutional Investor Survey, Asia Economist Team of Bank of America Merrill Lynch, Global Top #2, 2016
[9] Appreciation Award from HANSA Institute (Korean society research institute), 2009
[10] Appreciation Award from Korea-America Economic Association, 2008
[11] University Research Council Research Grant, DePaul University, 2004
[12] Research Grant from Bank of Korea, 2004
[13] Graduate School of Arts and Science Teaching Fellowship, Harvard University, 1995–1999
[14] Korea Foundation for Advanced Studies (KFAS) Full Fellowship, 1993–1998
[15] Simon Kuznets Travel Grant, Harvard University, Summer 1997
[16] Yonsei Scholarship for Academic Achievement, Yonsei University, 1986–1992
[17] Korea Electric Power Corporation Scholarship for Academic Excellence, 1989–1990
[18] Bronze Medal, Math Competition administered by the Education Committee of Kyounggi Province in South Korea, 1986