Meet the Researchers
Teng Wang
[email protected]
Education
- Ph.D., Finance, Erasmus University Rotterdam, 2015
- M.Phil., Finance (Cum Laude), Erasmus University Rotterdam, 2010
- B.Sc., International Economics and Finance, University of Amsterdam, 2008
- Financial Crises and Bank Lending
- Law and Finance, Wholesale Credit Risk
Principal Economist
Board of Governors of the Federal Reserve System
2021 - presentSenior Economist
Board of Governors of the Federal Reserve System
2018 - 2021Economist
Board of Governors of the Federal Reserve System
2015 - 2018
- Trade credit supply and usage during normal and crisis times: a recent review of literature
Jeffrey Jou, Lei Li, and Teng Wang
Research Handbook on Alternative Finance (2024)
https://doi.org/10.4337/9781800370494.00010 - Corporate Mergers and Acquisitions Under Lender Scrutiny
Buhui QIu and Teng Wang
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.025 - How Private Equity Fuels Non-Bank Lending
Sharjil Haque, Simon Mayer, and Teng Wang
Finance and Economics Discussion Series (2024)
https://doi.org/10.17016/FEDS.2024.015 - Piercing through Opacity: Relationships and Credit Card Lending to Consumers and Small Businesses during Normal Times and the COVID-19 Crisis
Allen N. Berger, Christa H.S. Bouwman, Lars Norden, Raluca A. Roman, Gregory F. Udell, and Teng Wang
Journal of Political Economy (2024)
https://doi.org/10.1086/726236 - If You Don't Know Me by Now ...' Banks’ Private Information and Relationship Length
Stijn Claessens, Steven Ongena, and Teng Wang
Swiss Finance Institute Research Paper Series (2023) - Local Banks and the Effects of Oil Price Shocks
Teng Wang
Journal of Banking & Finance (2021)
https://doi.org/10.1016/j.jbankfin.2021.106069 - Debt Rollover Risk, Credit Default Swap Spread and Stock Returns: Evidence from the COVID-19 Crisis
Ya Liu, Buhui Qiu, and Teng Wang
Journal of Financial Stability (2021)
https://doi.org/10.1016/j.jfs.2021.100855 - Is a Friend in Need a Friend Indeed? How Relationship Borrowers Fare During the COVID-19 Crisis
Allen N. Berger, Christa H.S. Bouwman, Lars Norden, Raluca A. Roman, Gregory F. Udell, and Teng Wang
Working paper (Federal Reserve Bank of Philadelphia) (2021)
https://doi.org/10.21799/frbp.wp.2021.13 - Patent Enforcement, Shareholder Value, and Firm Innovations: Evidence from the Supreme Court Ruling on TC Heartland (2017)
Andy Law, Buhui Qiu, and Teng Wang
Harvard Business Law Review (2021) - Branching Networks and Geographic Contagion of Commodity Price Shocks
Teng Wang
Finance and Economics Discussion Series (2020)
https://doi.org/10.17016/FEDS.2020.034 - Do Bank Bailouts Affect the Provision of Trade Credit?
Lars Norden, Gregory F. Udell, and Teng Wang
Journal of Corporate Finance (2020)
https://doi.org/10.1016/j.jcorpfin.2019.101522 - To Build or to Buy? The Role of Local Information in Credit Market Development
Teng Wang
Management Science (2019)
https://doi.org/10.1287/mnsc.2018.3105
See also » FRB Working Paper (2017) - How Do Credit Ratings Affect Bank Lending Under Capital Constraints?
Stijn Claessens, Andy Law, and Teng Wang
BIS Working Papers (2018) - Does Knowledge Protection Benefit Shareholders? Evidence from Stock Market Reaction and Firm Investment in Knowledge Assets
Buhui Qiu and Teng Wang
Journal of Financial and Quantitative Analysis (2018)
https://doi.org/10.1017/S0022109018000066
See also » FRB Working Paper (2017) - The Effects of Corporate Bond Granularity
Lars Norden, Peter Roosenboom, and Teng Wang
Journal of Banking & Finance (2016)
https://doi.org/10.1016/j.jbankfin.2015.11.001 - Essays in Banking and Corporate Finance
Teng Wang
Dissertations (Erasmus University) (2015) - The Impact of Government Intervention in Banks on Corporate Borrowers' Stock Returns
Lars Norden, Peter Roosenboom, and Teng Wang
Journal of Financial and Quantitative Analysis (2013)
https://doi.org/10.1017/S0022109013000537
conference
Sep, 2024FDIC Banking conference
discussion
Jul, 2024NBER Summer Institute
conference
Jul, 2024IBEFA Conference
seminar
May, 2024OCC Research Seminar
conference
Mar, 2024ITAM Finance conference
seminar
Feb, 2024Florida Atlantic University Research Seminar
conference
Feb, 2024RCFS Winter Conference 2024
seminar
Jan, 2024University of Leuven (Belgium)
conference
Dec, 2023Paris December Finance Conference
seminar
Aug, 2023University of Zurich (Switzerland)
seminar
Jul, 2023Bank for International Settlements
conference
Jul, 2023IBEFA Conference
seminar
Apr, 2023Financial Service Agency of Japan
seminar
Apr, 2023Hitotsubashi University (Japan)
conference
May, 2022The Financial Intermediation Research Society (FIRS) Conference
conference
May, 2022SFS Cavalcade
conference
Mar, 2021Midwest finance conference
conference
Jan, 2021AEA Annual Meetings
conference
Dec, 2020Paris December Finance Conference
conference
Nov, 2020Federal Reserve System Committee Conference in Energy Finance
conference
Oct, 2020Stress Testing Research Conference
conference
Jan, 2020ASSA annual meetings
conference
Oct, 2019Federal Reserve Community Banking Conference
conference
May, 2019Financial Intermediation Research Society Conference
conference
Apr, 2019Chicago Financial Institutions Conference
conference
Nov, 2017Federal Reserve System Committee on Financial Institutions, Regulation, and Markets
conference
Oct, 2017Annual Searle Center/USPTO Conference on Innovation Economics
conference
Jan, 2017AEA Annual Meetings
Awards
- 2011
National Science Foundation of the Netherlands
NWO Mosaic Grant for Doctoral Research
- 2016
Financial Management Association
FMA Asia Pacific Conference Best Paper Award
- 2021
Southern Finance Association
Southern Finance Association Conference Best Paper Award
Conference Organization
2021-current
Community Banking Conference
Program Committee Member
2022-current
IBEFA Conference
Program Committee Member
2021-current
FIRS
Program Committee Member
2017-current | North America and Asia
Financial Management Association
Program Committee Member
Referee
- Ad hoc referee for Management Science, Journal of Financial and Quantitative Analysis, Review of Finance, Journal of Banking and Finance, Journal of Corporate Finance, Comparative Economic Studies, BE Journals, etc.
- Ad hoc reviewer for research proposals for National Science Foundation (NSF)
Professional Affiliation
- American Economics Association, American Finance Association, Financial Management Association, FIRS, Community Banking Conference