Minjoon Lee
2022 FGPA Faculty Graduate Mentoring Award
These awards recognize faculty who render exceptional service to graduate students as supervisors and research mentors. Sponsored by the Faculty of Graduate and Postdoctoral Affairs and the Office of the Vice-President (Research and International) at Carleton University, these awards reflect the impact excellent mentoring can have on graduate students.
2019 SSHRC Insight Development Grant
Winners and Losers from the Tax Cuts and Jobs Act:
A Quantitative Evaluation with an Open-Economy Heterogeneous Household Model
The Tax Cuts and Jobs Act (TCJA), passed by the U.S. Congress in 2017, introduced an unprecedented reduction in the American corporate tax rate: from 35% to 21%, a difference of 14 percentage points. Controversy about the short- and long-term benefits of the Act followed, with proponents claiming all taxpayers would profit, regardless of income level or source.
Meanwhile, north of the border, there has been little analysis of the effects of the legislation on the Canadian economy, despite close integration between the two economies. That’s about to change.
With the support of a $55,290 grant, Professor Lee, along with Professor Khan, and Professor Razo-Garcia, will develop comprehensive models that can look at, among several aspects, how the TCJA would affect income distribution among Canadian households.
“The Canadian government hasn’t taken any action in response to the Act,” says Lee. “Our models will allow us to explore what would happen if the government changed the corporate tax rate here specifically in response to the TCJA. We hope that policymakers will use the models to formulate the optimal response to such a tax change for the Canadian economy.”
2019 A National Pension Hub Grant
Forced Retirement Risk and Portfolio Choice
Professor Lee has received a National Pension Hub grant ($24,000 CAD) from the Global Risk Institute, for a project titled “Forced Retirement Risk and Portfolio Choice.” Professor Lee is the principal investigator and his collaborators are Guodong Chen (NYU-Shanghai) and Tong-yob Nam (Office of the Comptroller of the Currency, US Department of Treasury).
2019 US Social Security Administration Grant
Nursing Homes in Equilibrium: Implications for Long-term Care Policies
Professor Lee received a US Social Security Administration grant ($50,000 USD), administered by the Michigan Retirement and Disability Research Center (MRDRC). The project is “Nursing Homes in Equilibrium: Implications for Long-term Care Policies”. Professor Lee is the principal investigator and the co-principal investigator is Tatyana Koreshkova (Concordia).