Financial Economists
Yeonjoon Lee
Intermediate Financial Economist
Yeonjoon Lee is Intermediate Financial Economist for Capital and Quantitative Supervision in the Supervision, Regulation and Credit Department at the Richmond Fed. His research focuses on finance and industrial organization.
Before joining the Richmond Fed, Lee worked for Morgan Stanley and Deutsche Bank.
Lee earned his bachelor’s degree from Seoul National University in Seoul, South Korea, and his doctoral degree from the University of Texas at Austin.
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Publications
“The Impact of Minority Representation at Mortgage Lenders” (with Scott Frame, Ruidi Huang, Erica Xuewei Jiang, Will Shuo Liu, Erik Mayer, and Adi Sunderam), 2025, Journal of Finance, 80(2), pp. 1209-1260.
“Financial Intermediaries and Agency Problems With and Without Vertical Incentives” (Yeonjoon Lee), 2025, Management Science, Accepted.
“Racial disparities and potential channels in the NBA digital collectibles market” (Kim, Jung Eun, Lee, Yeonjoon), 2025, Applied Economics, 57(55), 9360–9372.
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Working Papers
“The Impact of Quantitative Easing on Bank and Nonbank Lending During the Pandemic Mortgage Boom” (with Nir Eilam, Matthew Schaffer, and Nimrod Segev)
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