This page has only limited features, please log in for full access.
Ji Hyun Kim is a professor in the Dept. of Real Estate at Hanyang Cyber University. She received a M.S. degree (with first honors) in urban planning and a Ph.D. degree in public administration at Seoul National University in South Korea. As a beneficiary of the Fulbright scholarship, she researched industrial structure and urban environment at MIT, USA. Dr. Kim carried out various research tasks over the past decade, including the impact of related policies and the establishment of economic order at the request of public institutions. Her research interests include housing market and policy, housing welfare, the relationship between community and market economy. Dr. Kim has published several major books that have been used in many Korean universities and more than fifty research journal papers.
Owing to its potentially far-reaching impact on a large population, an educational policy may lead to unintended consequences beyond the educational area. The High School Equalization Policy (HSEP), introduced into South Korea in the mid-1970s, is representative of such a policy. HSEP prohibits high school entrance exams and randomly assigns students to a high school near their residence. Despite its aim of ensuring equal opportunities in education for all students regardless of socio-economic status, a frequent criticism was that HSEP could prompt students’ families to move to a region near traditional elite high schools, which, in turn, would widen the gap in house prices between different regions. Thus, we conducted an empirical study to examine the secondary influence of the HSEP on the housing market via a difference-in-differences (DD) analysis. We used house price data from the Gangwon province, as the partial introduction of HSEP into the province allowed for a quasi-experimental study on the effect of HSEP. The result revealed that, contrary to expectations, the HSEP in Gangwon had the opposite spillover effect of reducing the gap of the average house prices by 5%~9% across regions.
GyeongCheol Cho; Younyoung Choi; Ji-Hyun Kim. Investigating the Unintended Consequences of the High School Equalization Policy on the Housing Market. Sustainability 2020, 12, 8496 .
AMA StyleGyeongCheol Cho, Younyoung Choi, Ji-Hyun Kim. Investigating the Unintended Consequences of the High School Equalization Policy on the Housing Market. Sustainability. 2020; 12 (20):8496.
Chicago/Turabian StyleGyeongCheol Cho; Younyoung Choi; Ji-Hyun Kim. 2020. "Investigating the Unintended Consequences of the High School Equalization Policy on the Housing Market." Sustainability 12, no. 20: 8496.
주택도시금융연구(Journal of Housing and Urban Finance)
Youn Young Choi; Ji Hyun Kim. A Study on the Factors Affecting Preferable Living Area and Preferable Housing Types after Retirement by Age -For the employees of 00 Bank-. Journal of Housing and Urban Finance 2018, 3, 27 -52.
AMA StyleYoun Young Choi, Ji Hyun Kim. A Study on the Factors Affecting Preferable Living Area and Preferable Housing Types after Retirement by Age -For the employees of 00 Bank-. Journal of Housing and Urban Finance. 2018; 3 (2):27-52.
Chicago/Turabian StyleYoun Young Choi; Ji Hyun Kim. 2018. "A Study on the Factors Affecting Preferable Living Area and Preferable Housing Types after Retirement by Age -For the employees of 00 Bank-." Journal of Housing and Urban Finance 3, no. 2: 27-52.
주택도시금융연구(Journal of Housing and Urban Finance)
Seong Hooni Jeong; Ji-Hyun Kim. 거래세가 자산가격에 미치는 영향에 대한 연구. Journal of Housing and Urban Finance 2017, 2, 5 -29.
AMA StyleSeong Hooni Jeong, Ji-Hyun Kim. 거래세가 자산가격에 미치는 영향에 대한 연구. Journal of Housing and Urban Finance. 2017; 2 (1):5-29.
Chicago/Turabian StyleSeong Hooni Jeong; Ji-Hyun Kim. 2017. "거래세가 자산가격에 미치는 영향에 대한 연구." Journal of Housing and Urban Finance 2, no. 1: 5-29.
주택도시금융연구(Journal of Housing and Urban Finance)
Younyoung Choi; Ji Hyun Kim. A Study on the Impact of Consumer’s Future Expectation of Price on Apartment Transaction. Journal of Housing and Urban Finance 2016, 1, 5 -30.
AMA StyleYounyoung Choi, Ji Hyun Kim. A Study on the Impact of Consumer’s Future Expectation of Price on Apartment Transaction. Journal of Housing and Urban Finance. 2016; 1 (2):5-30.
Chicago/Turabian StyleYounyoung Choi; Ji Hyun Kim. 2016. "A Study on the Impact of Consumer’s Future Expectation of Price on Apartment Transaction." Journal of Housing and Urban Finance 1, no. 2: 5-30.