Photo of Tony Zhang

Tony Zhang

Education

  • Ph.D., Financial Economics, University of Chicago, 2018
  • B.S., Mathematics, University of Chicago, 2011
  • B.A., Economics, University of Chicago, 2011
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2021 - present
  • Economist

    Board of Governors of the Federal Reserve System

    2020 - 2021
  • Assistant Professor of Finance

    Boston University

    2018 - 2020
  • Monetary Policy Spillovers through Invoicing Currencies
    Tony Zhang
    Journal of Finance (2022)
    https://doi.org/10.1111/jofi.13071
  • The Economics of Currency Risk
    Tarek Alexander Hassan and Tony Zhang
    Annual Review of Economics (2021)
    https://doi.org/10.1146/annurev-economics-092220-103354
  • The Hedging Channel of Exchange Rate Determination
    Gordon Liao and Tony Zhang
    International Finance Discussion Papers (2020)
    https://doi.org/10.17016/IFDP.2020.1283
  • Not So Disconnected: Exchange Rates and the Capital Stock
    Tarek A. Hassan, Thomas M. Mertens, and Tony Zhang
    Journal of International Economics (2016)
    https://doi.org/10.1016/j.jinteco.2015.12.003
Awards
  • 2022

    Western Finance Association

    Best Asset Pricing Paper Award for "A Portfolio Approach to Global Imbalances"

  • 2020

    Viena Symposium on Foreign Exchange Markets

    Best Paper Award for "A Portfolio Approach to Global Imbalances"

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Last Update: December 1, 2023