Joon Woo Bae

Assistant Professor
Department of Banking & Finance
Weatherhead School of Management

Joon Bae, PhD, CFA, focuses his research on the study of international financial markets. His current research examines various aspects of economic interconnectedness across firms and countries, and studies its implications for asset pricing and portfolio management in a global context. His research work has been published in prestigious finance journals such as the Journal of Finance and Management Science.

He has presented at many conferences including the American Finance Association (AFA), China International Conference in Finance (CICF), the Eastern Finance Association (EFA), the Financial Management Association (FMA), and the Northern Finance Association (NFA).

Prior to his doctoral studies, Bae worked in the pension industry at the University of Toronto Asset Management Corporation (UTAM). His working experience as a part of the investment risk and research team has inspired and encouraged him to pursue his interest in international finance.

Bae earned his PhD and Master of Financial Economics (MFE) from the Rotman School of Management at the University of Toronto.

Initially Appointed: 2017

Personal Website

Education

PhD
University of Toronto
2017

Teaching Information

Courses Taught

  • Financial Models Using Big Data
  • Fixed Income Markets and Their Derivatives

Office Hours

By Appointment Only

Awards and Honors

  • Graduate Faculty Teaching Excellence Award
    2022
    Weatherhead School of Management
  • Intramural Grant Funding
    2018
    Weatherhead School of Management
  • Canadian Securities Institute Research Foundation PhD Scholarship
    2016
    Canadian Securities Institute
  • Doctoral Completion Award
    2016
    Rotman School of Management
  • The Harvey Rorke Financial Foundation PhD Fellowship
    2015
    The Financial Research Foundation of Canada
  • The Harvey Rorke Financial Foundation PhD Fellowship
    2014
    The Financial Research Foundation of Canada
  • Capital Market Institute Graduate Fellowship
    2013
    Rotman School of Management
  • Capital Market Institute Graduate Fellowship
    2012
    Rotman School of Management
  • Master of Financial Economics Bursary
    2009
    University of Toronto
  • Director’s Award in Academic Excellence Top 1%
    2009
    Rotman School of Management
  • The Regents In-Course Scholarship
    2008
    University of Toronto
  • The Martin R. Lindsay Memorial Scholarship
    2008
    University of Toronto
  • The E.W. Bickle Scholarship
    2007
    University of Toronto

Publications

  • Bae, J. , Belo, F. , Li, J. , Lin, X. , Zhao, X.
    The Opposing Effects of Complexity and Information Content on Uncertainty Dynamics: Evidence from 10-K filings    Management Science
  • Bae, J. , Da, Z. , Zurita, V.
    Digesting FOREXS: Information Transmission across Asset Classes and Return Predictability    Management Science
  • Bae, J. , Elkamhi, R. (2021).
    Global Equity Correlation in International Markets    Management Science
  • Bae, J. , Simutin, M. , Elkamhi, R. (2019).
    The best of both worlds: Accessing emerging economies via developed markets    Journal of Finance