Meet the Economists
Min Wei
min.wei@frb.gov
Education
- Ph.D., Finance, Columbia Business School, 2004
- M.A., Economics, State University of New York - Stony Brook, 1999
- B.A., Finance, Fudan University (China), 1996
- Term Structure of Interest Rates
- Macro-Finance
Associate Director
Board of Governors of the Federal Reserve System
2018 - presentDeputy Associate Director
Board of Governors of the Federal Reserve System
2015 - 2018Visiting Lecturer
Princeton University
2014 - 2016Assistant Director
Board of Governors of the Federal Reserve System
2012 - 2015Chief, Monetary & Financial Market Analysis
Board of Governors of the Federal Reserve System
2010 - 2012Senior Economist
Board of Governors of the Federal Reserve System
2009 - 2010Economist
Board of Governors of the Federal Reserve System
2004 - 2009Visiting Assistant Professor of Finance
Kenan-Flagler Business School, University of North Carolina - Chapel Hill
2006
- Bochner, Jacob, Min Wei, and Jie Yang (2020). "What Drove Recent Trends in Corporate Bonds and Loans Usage?," FEDS Notes 2020-10-23. Board of Governors of the Federal Reserve System (U.S.).
- Kim, Kyungmin, Thomas Laubach, and Min Wei (2020). "Macroeconomic Effects of Large-Scale Asset Purchases: New Evidence," Finance and Economics Discussion Series 2020-047. Board of Governors of the Federal Reserve System (U.S.).
- Lopez-Salido, David, Gerardo Sanz-Maldonado, Carly Schippits, and Min Wei (2020). "Measuring the Natural Rate of Interest: The Role of Inflation Expectations," FEDS Notes 2020-06-19. Board of Governors of the Federal Reserve System (U.S.).
- Baele, Lieven, Geert Bekaert, Koen Inghelbrecht, and Min Wei (2020). "Flights to Safety," The Review of Financial Studies, vol. 33, no. 2, pp. 689-746.
- Kim, Don, Cait Walsh, and Min Wei (2019). "Tips from TIPS: Update and Discussions," FEDS Notes 2019-05-28. Board of Governors of the Federal Reserve System (U.S.).
- Ihrig, Jane, Elizabeth Klee, Canlin Li, Min Wei, and Joe Kachovec (2018). "Expectations about the Federal Reserve's Balance Sheet and the Term Structure of Interest Rates," International Journal of Central Banking, vol. 14, no. 2, pp. 341-390.
- Stefania D'Amico, Don H. Kim, and Min Wei (2018). "Tips from TIPS: The Informational Content of Treasury Inflation-Protected Security Prices," Journal of Financial and Quantitative Analysis, vol. 53, no. 1, pp. 395-436.
- Bonis, Brian, Jane Ihrig, and Min Wei (2017). "Projected Evolution of the SOMA Portfolio and the 10-year Treasury Term Premium Effect," FEDS Notes 2017-09-22. Board of Governors of the Federal Reserve System (U.S.).
- Bonis, Brian, Jane Ihrig, and Min Wei (2017). "The Effect of the Federal Reserve's Securities Holdings on Longer-term Interest Rates," FEDS Notes 2017-04-20. Board of Governors of the Federal Reserve System (U.S.).
- D'Amico, Stefania, Thomas B. King, and Min Wei (2016). "Macroeconomic Sources of Recent Interest Rate Fluctuations," FEDS Notes 2016-06-02. Board of Governors of the Federal Reserve System (U.S.).
- Li, Canlin, and Min Wei (2013). "Term Structure Modeling with Supply Factors and the Federal Reserve's Large-Scale Asset Purchase Programs," International Journal of Central Banking, vol. 9, no. 1, pp. 3-39.
- Wei, Min, and Jonathan Wright (2013). "Reverse Regressions and Long-Horizon Forecasting," Journal of Applied Econometrics, vol. 28, no. 3, pp. 353-371.
- Orphanides, Athanasios, and Min Wei (2012). "Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates," Journal of Economic Dynamics and Control, vol. 36, no. 2, pp. 239-254.
- Ang, Andrew, Geert Bekaert, and Min Wei (2008). "The Term Structure of Real Rates and Expected Inflation," Journal of Finance, vol. 63, no. 2, pp. 797-849.
- Ang, Andrew, Geert Bekaert, and Min Wei (2007). "Do Macro Variables, Asset Markets, Or Surveys Forecast Inflation Better?" Journal of Monetary Economics, vol. 54, no. 4, pp. 1163-1212.
- Bekaert, Geert, Min Wei, and Yuhang Xing (2007). "Uncovered Interest Rate Parity and the Term Structure," Journal of International Money and Finance, vol. 26, no. 6, pp. 1038-1069.
- Ang, Andrew, Monika Piazzesi, and Min Wei (2006). "What Does the Yield Curve Tell Us About GDP Growth?" Journal of Econometrics, vol. 131, no. 1-2, pp. 359-403.
discussion
November 20199th Bundesbank Term Structure Workshop
Tracing the impact of the ECB's asset purchase programme on the yield curve
discussion
November 2018BOK-BIS conference on "Asia-Pacific fixed income markets: evolving structure, participation and pricing"
Determinants of sovereign local currency bond yields: The case of Asia-Pacific
discussion
April 2018FRB Conference on Risk, Uncertainty, and Volatility
Ambiguity, Nominal Bond Yields, and Real Bond Yields
discussion
August 2017EFA Annual Meetings
International Real Yields
discussion
August 2017BoC-FRBSF-SFU Conference on Advances in Fixed Income and Macro-Finance Research
Low Inflation: High Default Risk AND High Equity Valuations
discussion
May 2017Sveriges Riksbank Conference on the Future of Forward Guidance
Forward Guidance, Quantitative Easing, or Both?
discussion
April 2017Fixed Income and Financial Institutions Conference
Level and Volatility Shocks to Fiscal Policy: Term Structure Implications
discussion
January 2016AEA Annual Meetings
Monetary Policy Expectations at the Zero Lower Bound
seminar
September 2014American University
The Effects of Treasury Debt Supply on Macro and Term Structure Dynamics
conference
September 2014Joint ECB-BoE workshop "Understanding the Yield Curve: What Has Changed With the Crisis?"
The Effects of Treasury Debt Supply on Macro and Term Structure Dynamics
conference
July 2014China International Conference in Finance
Tips from TIPS: the Informational Content of Treasury Inflation-Protected Security Prices
discussion
Jaunary 2014AEA Annual Meetings
Noisy Information and Fundamental Disagreement
seminar
December 2013Federal Reserve Bank of San Francisco
The Effects of Treasury Debt Supply on Macro and Term Structure Dynamics
discussion
October 2013FRBSF Workshop on Term Structure Modeling at the Zero Lower Bound
A Model of the Euro-Area Yield Curve with Discrete Policy Rates
conference
July 2013China International Conference in Finance
Flights to Safety
discussion
January 2013Federal Reserve Day Ahead Conference
The Signaling Channel for Federal Reserve Bond Purchases
conference
September 2012SNB Research Conference on Policy Challenges and Developments in Monetary Economics
Term Structure Modeling with Supply Factors and the Federal Reserve's Large Scale Asset Purchase Programs
conference
June 2012CEF 2012 Annual Conference
Term Structure Modeling with Supply Factors and the Federal Reserve's Large Scale Asset Purchase Programs
conference
February 2012FRBNY Portfolio Workshop
Term Structure Modeling with Supply Factors and the Federal Reserve's Large Scale Asset Purchase Programs
discussion
January 2011AEA Annual Meetings
Unbiased Estimation of Dynamic Term Structure Models
discussion
July 2010China International Conference in Finance
How Predictable Are Components of the Aggregate Market Portfolio?
conference
March 20106th ECB Workshop on Forecasting Techniques
Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates
seminar
February 2008Federal Reserve Bank of San Francisco
Tips from TIPS: the Informational Content of Treasury Inflation-Protected Security Prices
conference
January 2008AEA Annual Meetings
Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates
discussion
September 2007SNB Research Conference
Learning and the Role of Macroeconomic Factors in the Term Structure of Interest Rates
conference
July 2006NBER Summer Institute
Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?
discussion
May 2005CIRANO-CIREQ Conference
Human Capital and International Portfolio Choice
Referee
- American Economic Review
- Economic Notes
- International Journal of Central Banking
- Journal of Applied Econometrics
- Journal of Banking and Finance
- Journal of Business and Economic Statistics
- Journal of Empirical Finance
- Journal of Finance
- Journal of International Economics
- Journal of International Money and Finance
- Journal of Money, Credit, and Banking
- Journal of Monetary Economics
- Journal of Political Economy
- Macroeconomic Dynamics
- Management Science
- Quarterly Journal of Economics
- Review of Economics and Statistics
- Review of Financial Studies