Joonki Noh | Weatherhead School at Case Western Reserve University
Joonki Noh - Assistant Professor, Banking and Finance

Faculty – Joonki Noh

Associate Professor, Banking and Finance

Joonki.Noh@case.edu
216.368.3737
Peter B. Lewis Building 362
Office Hours: Spring 2022: By appointment only

Joonki Noh, PhD, associate professor of banking and finance, joined Weatherhead School of Management in 2015 after obtaining his doctorate in finance from Emory University. Noh’s research interests are in the areas of empirical asset pricing, market microstructure, textual analysis, and machine learning. His Weatherhead courses include Investment Management and Financial Modeling in Big Data. He instructs undergraduates and also graduate students in the Master of Finance program.

Noh has presented at numerous universities including Emory University, Purdue University, Tulane University, University at Buffalo - SUNY, Virginia Tech, and Syracuse University. He has also presented at the annual meetings of American Finance Association (AFA), Northern Finance Association (NFA), Midwest Finance Association (MFA), Easter Finance Association (EFA), European Finance Association, and Financial Management Association (FMA).

Noh has received numerous academic awards, including the Shinhan Bank and Korea American Finance Association (KAFA) Young Scholar Award; the Financial News & KAFA Top-Journal Paper Award; the Shinhan Bank and KAFA Scholarship; the George J. Benston Scholar Award, Goizueta Business School, Emory University; the Goizueta Fellowship, Goizueta Business School, Emory University; and Travel Grant, AFA.

Before becoming a financial economist, he was an electrical engineer having earned a PhD in electrical engineering from the University of Michigan, Ann Arbor.


Curriculum Vita

PhD, Emory University, 2015
PhD, University of Michigan, 2007
MA, University of Michigan, 2007
MS, University of Michigan, 2005
BS, Seoul National University, 2003

Initially Appointed: 2015

Interests and Courses

Research

Empirical Asset Pricing, Market Microstructure, Textual Analysis, Machine Learning,

Teaching

Investment, Big Data, Empirical Asset Pricing, Econometrics

Recent Courses and Syllabi

Course evaluation ratings (login required)

Selected Publications

  • Noh, J., Zhou, D. (2022).
    Executives' Blaming External Factors and Market Reactions: Evidence from Earnings Conference Calls   (vol. 134: 106358, ). Journal of Banking and Finance.
  • Amihud, Y., Noh, J. (2021).
    The Pricing of the Illiquidity Factor's Conditional Risk with Time-varying Premium   (vol. 56: 100605 - Lead Article, ). Journal of Financial Markets.
  • Amihud, Y., Noh, J. (2021).
    Illiquidity and Stock Returns II: Cross-section and Time-series Effects   (vol. 34, issue 4, pp. 2101-2123). Review of Financial Studies .
  • Jegadeesh, N., Noh, J., Pukthuanthong, K., Roll, R., Wang, J. (2019).
    Empirical Tests of Asset Pricing Models with Individual Assets: Resolving the Errors-in-variables Bias in Risk Premium Estimation   (vol. 133, issue 2, pp. 273-298). Journal of Financial Economics.

Presentations

  • Noh, J. (Presenter & Author)  AFA Annual Meeting, "Speculative and Informative: Lessons from Market Reactions to Speculation Cues", American Finance Association, Virtual. (2022).
  • Noh, J. (Presenter & Author)  Conference on Asia-pacific Financial Markets, "Executives’ Blaming External Factors and Market Reactions: Evidence from Earnings Conference Calls", Korean Securities Association, Virtual. (2021).
  • Noh, J. (Presenter & Author)  Global AI Finance Research Conference, "Executives’ Blaming External Factors and Market Reactions: Evidence from Earnings Conference Calls", Korean Securities Association, Virtual. (2021).
  • Noh, J. (Presenter & Author)  FMA Annual Meeting, "Executives’ Blaming External Factors and Market Reactions: Evidence from Earnings Conference Calls", Financial Management Association, Virtual. (2021).
  • Noh, J. (Presenter & Author)  APAD Annual Meeting, "Executives’ Blaming External Factors and Market Reactions: Evidence from Earnings Conference Calls", Asian-pacific Association of Derivatives, Virtual. (2021).
  • Noh, J. (Presenter & Author)  EFA Annual Meeting, "Imprecise and Informative: Lessons from Market Reactions to Imprecise Disclosure", Eastern Finance Association, Virtual. (2021).
  • Noh, J. (Presenter & Author)  Conference on Asia-Pacific Financial Markets, "Imprecise and Informative: Lessons from Market Reactions to Imprecise Disclosure ", Korean Securities Association, Virtual . (2020).
  • Noh, J. (Presenter & Author)  NBER Big Data and Securities Markets Conference, "Imprecise and Informative: Lessons from Market Reactions to Imprecise Disclosure ", National Bureau of Economic Research, Virtual. (2020).
  • Noh, J. (Presenter & Author)  NFA Annual Meeting, "Imprecise and Informative: Lessons from Market Reactions to Imprecise Disclosure ", Northern Finance Association, Virtual. (2020).
  • Noh, J. (Presenter & Author)  AFA Annual Meeting, "The Pricing of the Illiquidity Factor’s Conditional Risk with Time-varying Premium", American Finance Association, San Diego. (2020).
  • Noh, J. (Presenter & Author)  Conference on Asia-Pacific Financial Markets, "The Pricing of the Illiquidity Factor’s Conditional Risk with Time-varying Premium", Korean Securities Association, Seoul, Korea. (2019).
  • Noh, J. (Presenter & Author)  FMA Annual Meeting, "Illiquidity and Stock Returns – II: Cross-Section and Time-Series Effects", Finance Management Association, New Orleans. (2019).
  • Noh, J. (Presenter & Author)  APAD Annual Meeting, "The Pricing of the Illiquidity Factor’s Conditional Risk with Time-varying Premium", Asia-Pacific Association of Derivatives, Busan, Korea. (2019).
  • Noh, J. (Presenter & Author)  China International Conference in Finance, "The Pricing of the Illiquidity Factor's Conditional Risk with Time-varying Premium", Chinese Association of Finance, Guangzhou. (2019).
  • Noh, J. (Presenter & Author)  MFA Annual Meeting, "Illiquidity and Stock Returns - II: Cross-section and Time-series Effects", Midwest Finance Association, Chicago. (2019).
  • Noh, J. (Presenter & Author)  NFA Annual Meeting, "Illiquidity and Stock Returns - II: Cross-section and Time-series Effects", Northern Finance Association, Charlevoix, Canada. (2018).
  • Noh, J. (Presenter & Author)  China International Conference in Finance, "Some People Say: Imprecise Language in Corporate Disclosure", Chinese Association of Finance, Tianjin. (2018).
  • Noh, J. (Presenter & Author)  AFA Annual Meeting, "Empirical Tests of Asset Pricing Models with Individual Assets: Resolving the Errors-in-variables Bias in Risk Premium Estimation", American Finance Association, Philadelphia. (2018).
  • Noh, J. (Presenter & Author)  MFA Annual Meeting, "The Pricing of the Illiquidity Factor's Systematic Risk", Midwest Finance Associatino, Chicago. (2017).
  • Noh, J. (Presenter & Author)  NFA Annual Meeting, "Industry Networks and the Speed of Information Flow", Northern Finance Association, (2015).
  • Noh, J. (Discussant)  SFS Cavalcade, "Discussion of Liquidity Uncertainty", Society for Financial Studies, (2015).
  • Noh, J. (Discussant)  NBER Market Microstructure Meeting, "Discussion of The Pricing of the Illiquidity Factor's Systematic Risk", National Bureau of Economic Research, Boston. (2014).

Academic and Professional Activities

  • Untenured Observer, Appointment Committee, 2019 - 2020
  • Editor, Associate Editor, Asia-Pacific Association of Derivatives, 2019 - 2021
  • Reviewer, Conference Paper, Eastern Finance Association, 2019 - 2021
  • The seminar organizer, BAFI Department Research Seminar Series, 2018 - 2019
  • The seminar organizer, BAFI Department Research Seminar Series, 2017 - 2018
  • Committee Member, New Faculty Recruitment Committee, 2017
  • The seminar organizer, BAFI Department Research Seminar Series, 2016 - 2017
  • Committee Member, New Faculty Recruitment Committee, 2016

Awards

  • Shinhan Finance Investment Best Paper Award, Korean Securities Association. (2022).
  • Shinhan Bank & KAFA Young Scholar Award, Korea America Finance Association. (2019).
  • Financial News & KAFA Top-Journal Paper Award, Korea America Finance Association. (2018).
  • Research Grant, U.S. Department of Energy. (2017).
  • Travel Award for PhD Students in Economics, Korea America Economic Association. (2015).
  • Shinhan Bank & KAFA Scholarship, Korea America Finance Association. (2014).
  • George J. Benston Scholar Award, Goizueta Business School, Emory University. (2014).
  • Goizueta Fellowship, Goizueta Business School, Emory University. (2014).
  • American Finance Association Travel Grant, American Finance Association . (2013).
  • Distinguished Academic Achievement Award, College of Engineering, University of Michigan. (2008).
  • Outstanding Graduate Student Instructor Award, College of Engineering, University of Michigan. (2008).