Joonkyu Choi is an economist at the Federal Reserve Board of Governors. His research interests are in the areas of macroeconomics, firm dynamics, and entrepreneurship. In a recent project, Joonkyu studied how better fallback options against business failure allow entrepreneurs to take larger business risks. He has also studied how corporate lobbying affects resource allocation and job creation in the aggregate economy. Joonkyu received the Dissertation Fellowship from Ewing Kauffman Foundation in 2016 and the Ann G. Wylie dissertation fellowship from the University of Maryland in 2017.