Yong Suk Lee

Encina Hall E309
616 Serra Street
Stanford, CA 94305

Curriculum Vitae


Yong Suk Lee is the SK Center Fellow at the Freeman Spogli Institute for International Studies and Deputy Director of the Korea Program at the Walter H. Shorenstein Asia-Pacific Research Center at Stanford University. Lee's research is in the fields of labor economics, technology and entrepreneurship, and urban economics. Some of the issues he has studied include technology and labor markets, entrepreneurship and economic growth, entrepreneurship education, and technology, education and inequality. He is also interested in both the North and South Korean economy. Lee also regularly contributes to policy reports and opinion pieces on contemporary issues surrounding both North and South Korea.

Prior to joining Stanford, Lee was an assistant professor of economics at Williams College in Massachusetts. He received his PhD in Economics from Brown University, a Master of Public Policy from Duke University, and bachelor's degree and master's degree in architecture from Seoul National University. Lee also worked as a real estate development consultant and architecture designer as he transitioned from architecture to economics.


  Current Research

   Social Media and Mobilization: Evidence from Impeachment of South Korea's President. draft coming soon.

   Import Competition, Technological Change, and Local Employment Dynamics (with Jong-Hyun Chung, Daniel Wilmoth).

   Do Publicly Financed Startups Innovate? (with Wonjoon Kim, Sukwoong Choi).

   Digital Technologies and the Labor Market: The Skill Gap Across Regions (with Chuck Eesley, Christos Makridis).

   Do University Entrepreneurship Programs Promote Entrepreneurship? (with Chuck Eesley). NBER report. previous draft available upon request.

   Creativity is in the Mind (with Prashant Loyalka and Marily Oppezzo).

   University Management and the Performance of STEM Education (with Prashant Loyalka and Dinsha Mistree).

   Corruption, Trust, and Entrepreneurship

   Aging and Technology (with Takeo Hoshi).

  Working Papers

   The Persistence of Entrepreneurship and Innovative Immigrants (with Chuck Eesley). Research Policy, revise and resubmit.

   Modern Management and the Demand for Technical Skill. under review.

   Information Technology in the Property Market (with Yuya Sasaki). Online Appendix. revision requested.


   International Isolation and Regional Inequality: Evidence from Sanctions on North Korea. Journal of Urban Economics, January 2018, 103:34-51.
    Selected media coverage: VOXEU column, KBS News (national broadcast in Korean), Stanford News, NKNews.
    (ungated version).

   Political Influence and Trade Uncertainty: Evidence from Sanction Threats and Impositions (with Seung Hoon Lee). Economics Bulletin, forthcoming.

   Government Guaranteed Small Business Loans and Regional Growth. Journal of Business Venturing, January 2018, 33(1):70-83.
    (ungated version).

   Entrepreneurship, Small Businesses, and Economic Growth in Cities. Journal of Economic Geography, March 2017, 17(2).
    (ungated version).

   Organization of Disaster Aid Delivery: Spending Your Donations (with Vernon Henderson), Economic Development and Cultural Change, July 2015, 63(4).
    Media: FSI Stanford News.
    (NBER Working Paper 17707).

   Staffing Subsidies and the Quality of Care in Nursing Homes (with Andrew Foster), Journal of Health Economics, May 2015, 41: 133-147.
    (ungated version).
    Online Appendix to the paper.

   School Districting and the Origins of Residential Land Price Inequality, Journal of Housing Economics, June 2015, 28: 1-17.
    (ungated version).

   Exams, Districts, and Intergenerational Mobility: Evidence from South Korea, Labour Economics, August 2014, 29: 62-71.
    (ungated version).

   Do Medicaid Wage Pass-through Payments Increase Nursing Home Staffing? (with Z. Feng, S. Kuo, O. Intrator, A. Foster, and V. Mor), Health Services Research, 2010, 45(3): 728-747.


A Grand Bargain Between the US and China Seems More Likely Than Ever (in Korean), Maeil Business Newspaper, December 26, 2017.

Brace for Change: Technology Will Affect Jobs More Than Trade, Pacific Council on International Policy, May 3, 2017.

Technological Change: Why Korea Needs a Longer Term Perspective on Job Creation (in Korean), Maeil Business Newspaper, June 26, 2017.

A Labor Market by the Youth, and for the Youth (in Korean), Maeil Business Newspaper, January 30, 2017.

Is Korea Ready to Accept Failure? (in Korean), Maeil Business Newspaper, June 21, 2016.


Current Academic Year:
Economic Development and Challenges of East Asia (ECON124/IPS224), Stanford Catalog