Won-chang Choi

I received my Ph.D. in Economics from Washington University in St. Louis and am currently on the job market for the 2024-2025 academic year. My research explores the idea of slow-moving capital and examines how market frictions, such as trading costs and information asymmetry, influence asset price dynamics. Additionally, I analyze how real capital reallocation costs affect misallocation and aggregate productivity. I also investigate the broader implications of inelastic financial markets for the macroeconomy.

Here are my CV and Job Market Paper (Slides).

Contact

won-chang.choi@wustl.edu