Mi Youn Paek

Dr. Miyoun Paek joined the University of Colorado Denver in Fall 2023 from Georgetown College, where she was an Assistant Professor of Finance. Before that, she worked as a research fellow and instructor at the University of Cincinnati. Before her academic career, she spent six years as a financial effects analyst and international trading specialist in a multinational corporation.

Her research mainly focuses on mutual fund markets and public/private pensions, as well as exploring behavioral finance and empirical corporate finance. Understanding investment decision-making is an essential aspect of her work, crucial for effectively managing portfolios and mitigating risks to ensure post-retirement income security.

Dr. Paek is passionate about interacting with students through mentoring, advising, and supporting them throughout their academic journey and finance careers, even after they graduate.

Education

PhD in Finance, Pusan National University MA in Finance, Pusan National University

Area(s) of Expertise

• Investments
• International Finance
• Mutual Funds
• Pension
• Corporate Finance
• Behavioral Finance

Publications

Pension Funding and Investments: Evidence from Asia Pacific Countries, 2024, with Y, Kim, B. Li, and T. Yu, Advances in Pacific Basin Business, Economics, and Finance 12, pp. 1-37.

Market-share Changes and Net Flows of Equity Mutual Funds in the U.S.: Quantile Analysis, 2021, with K. Ko, Review of Economics and Finance 19, pp. 153-168.

The Performance of Chinese Equity Funds: An Extension of DGTW Model, 2019, with K. Ko and Y. Wang, Japan and the World Economy 51, 100964, pp. 1-8.

A Comparative Study of Korean National Pension Fund Management: Direct vs. Indirect Investment Performance, 2017, with M. Chung, J. Lee, K Ko, E. Tae, and Y. Kim, Institute of National Pension Research.

Incubation and Copying Equity Funds in China, 2016, with K. Ko and Y. Wang, Emerging Markets Review 28, pp. 28-43.

New Insight on the Flow-Performance Relations in Korea, 2016, with K. Ko, Journal of Money and Finance 30, pp. 49-78.

The Dynamics of Market Volatility, Market Return, and Equity Fund Flow: International Evidence, 2015, with K. Ko, Y. Ha, and B. Lee, International Review of Economics and Finance 35, pp. 214-227.

Structural VAR Approach to Mutual Fund Cash Flows: Net flows, Inflows, and Outflows, 2015, with K. Ko, Y. Ha, and B. Lee, Asia-Pacific Journal of Financial Studies 44, pp. 60-88.

Flow-Performance Relationship of Chinese Equity Mutual Funds: Net flows, Inflows, and Outflows, 2014, with K. Ko, Y. Ha, and Y. Wang, Asia-Pacific Journal of Financial Studies 43, pp. 273-296.

Aggregate Net Flows, Inflows, and Outflows of Equity Funds: U.S. vs. Japan, 2014 with K. Ko, Japan and the World Economy 32, pp. 85-95.