Dr. Sunhyung Lee

Assistant Professor | Economics | Feliciano School of Business
Location: SBUS 535
Telephone: 973-655-7633
Email: lees@montclair.edu


Sunhyung Lee is an Assistant Professor of Economics in the Feliciano School of Business at Montclair State University. His primary research topics include international economics and macroeconomics. Before joining MSU, he was a research fellow at the Korea Institute for International Economic Policy. He regularly advises Samsung Australia expatriates on international economics. He has publications in prominent economic journals, such as Economic Inquiry and International Review of Economics and Finance.


International Economics, Macroeconomics


  • Ph D, Economics, 2018, University of Oklahoma, Norman, OK
  • BA, Economics, International Business & Management, 2013, Dickinson College, Carlisle, PA

Professional Experience

  • Associate Research Fellow, Korea Institute for International Economic Policy. (April 2020 - August 2021).

Honors and Awards

  • Kondanassis Award for Most Outstanding Paper in Development Economics , University of Oklahoma. (January 2018).
  • Bullard Dissertation Completion Fellowship , University of Oklahoma. (January 2017).
  • Chong Liew Research Award , University of Oklahoma. (January 2015).
  • Provost's Certificate of Distinction in Teaching , University of Oklahoma. (January 2015).
  • Chong Liew Outstanding First-Year Graduate Student Award , University of Oklahoma. (January 2014).


  • Bilateral FDI and Business Cycle Synchronization
  • Fiscal Decentralization and Economic Growth
  • Global Value Chain and COVID-19: Lessons from International Disasters (with Hyoungmin Han)
  • The Effects of the U.S.-China Trade War on Brazil Exports (with Sungwoo Hong)

Refereed Published Articles

  • Demir, F., Lee, S. (2022). Foreign Direct Investment, Capital Accumulation, and Growth: The Rise of the Emerging South. International Review of Economics and Finance, 80 pp. 779-794.
  • Gharehgozli, O., Lee, S. (2022). Money Supply and Inflation After COVID-19. Economies, 10 (5),
  • Lee, S., Liu, Z., Yu, H. (2021). Heterogeneous Price Effects and Increased Price Dispersion from Quantity-based Congestion Management. Economic Inquiry, 59 (3),
  • Kim, J., Lee, S. (2018). An Efficient Sequential Learning Algorithm in Regime-Switching Environments. Studies in Nonlinear Dynamics & Econometrics, 23 (3),