Photo of Man Lee, Jin

Jin Man Lee, PhD

Adjunct Assistant Professor



Building & Room:

725 UH


601 S Morgan St.

Office Phone:

(312) 996-8785


Selected Publications

“The role of asset flippers in a boom and bust real estate market” (with J. Choi), Journal of Economic Asymmetries, Vol. 8 No. 2, 2011, 91-109.

“Asymmetric Threshold Linkages of Inter-Sector Activity in International Equity Markets” (with E. Ahn), International Journal of Economics and Finance, Vol. 3, 2011, 52-64.

“Sources of output volatility from financial crisis in emerging marekts ” (with K Pattanachak), Applied Financial Economics, Vol 20, 2010, pp 183-199.

“Why are the postwar cycles smoother? Impulses or Propagation?” (with G. Karras and H. Stokes), Journal of Economics and Business, Vol. 58, 2006, 392-406.

“The volatility relationship between financial markets and output markets – Bivariate GARCH Approach”, (with E. Ahn), Vol 6, 2006, pp 1-6,  Applied Financial Economics.

“Sources of Exchange-rate volatility”  (with G. Karras and H. Stokes), in International Review of Economics and Finance, Vol. 14, 2005, pp 213-226.

Notable Honors

1996, Student Leadership Award, UIC Alumni Association


PhD, University of Illinois at Chicago, 2001

Professional Memberships

Research Director, The Institute for Housing Studies, DePaul Universtion, 2008-Current.

Adjunct Professor, Econometrics and Statistics, The University of Chicago Booth School of Business, 2010.

Senior Economic Research Specialist, The University of Illinois at Chicago, 2001-2008

Instructor of Statistical Programs Workshop for economics graduate students, 1996-2008

Computer consultant for the Institute of Government and Public Affairs (IGPA), 1997-2000.

CRSP and COMPUSTAT Database Administrator of the College of Business Administrator databases, 1997

Survey for the Regional Rental Market Analysis project funded by John D. & Catherine T. MacArthur Foundation, 1997-1998.

Research Currently in Progress

Regime Shift Business Cycle Model

Volatility Switching on Financial Market

Housing and Real Estate Market

Asymmetric and Nonlinear Econometrics

International Finance