Meet the Researchers
Min Wei
[email protected]
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
Senior Associate Director
Board of Governors of the Federal Reserve System
2021 - presentAssociate Director
Board of Governors of the Federal Reserve System
2018 - 2021Deputy 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 - 2010Visiting Assistant Professor of Finance
Kenan-Flagler Business School, University of North Carolina - Chapel Hill
2006Economist
Board of Governors of the Federal Reserve System
2004 - 2009
- Macroeconomic Effects of Large-Scale Asset Purchases: New Evidence
Kyungmin Kim, Thomas Laubach, and Min Wei
Finance and Economics Discussion Series (2023)
https://doi.org/10.17016/FEDS.2020.047r1 - Why Does the Yield Curve Predict GDP Growth? The Role of Banks
Camelia Minoiu, Andres Schneider, and Min Wei
Finance and Economics Discussion Series (2023)
https://doi.org/10.17016/FEDS.2023.049 - What Drove Recent Trends in Corporate Bonds and Loans Usage?
Jacob Bochner, Min Wei, and Jie Yang
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2789 - Measuring the Natural Rate of Interest: The Role of Inflation Expectations
David Lopez-Salido, Gerardo Sanz-Maldonado, Carly Schippits, and Min Wei
FEDS Notes (2020)
https://doi.org/10.17016/2380-7172.2593 - Flights to Safety
Lieven Baele, Geert Bekaert, Koen Inghelbrecht, and Min Wei
Review of Financial Studies (2020)
https://doi.org/10.1093/rfs/hhz055
See also » FRB Working Paper (2014) - Tips from TIPS: Update and Discussions
Don Kim, Cait Walsh, and Min Wei
FEDS Notes (2019)
https://doi.org/10.17016/2380-7172.2355 - Tips from TIPS: The Informational Content of Treasury Inflation-Protected Security Prices
Stefania D'Amico, Don H. Kim, and Min Wei
Journal of Financial and Quantitative Analysis (2018)
https://doi.org/10.1017/S0022109017000916
See also » FRB Working Paper (2008) - Expectations about the Federal Reserve's Balance Sheet and the Term Structure of Interest Rates
Jane Ihrig, Elizabeth Klee, Canlin Li, Min Wei, and Joe Kachovec
International Journal of Central Banking (2018)
See also » FRB Working Paper (2012) - Projected Evolution of the SOMA Portfolio and the 10-Year Treasury Term Premium Effect
Brian Bonis, Jane Ihrig, and Min Wei
FEDS Notes (2017)
https://doi.org/10.17016/2380-7172.2081 - The Effect of the Federal Reserve’s Securities Holdings on Longer-Term Interest Rates
Brian Bonis, Jane Ihrig, and Min Wei
FEDS Notes (2017)
https://doi.org/10.17016/2380-7172.1977 - Macroeconomic Sources of Recent Interest Rate Fluctuations
Stefania D'Amico, Thomas B. King, and Min Wei
FEDS Notes (2016)
https://doi.org/10.17016/2380-7172.1777 - Term Structure Modeling with Supply Factors and the Federal Reserve's Large-Scale Asset Purchase Programs
Canlin Li and Min Wei
International Journal of Central Banking (2013)
See also » FRB Working Paper (2014) - Reverse Regressions and Long-Horizon Forecasting
Min Wei and Jonathan Wright
Journal of Applied Econometrics (2013)
https://doi.org/10.1002/jae.1274 - Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates
Athanasios Orphanides and Min Wei
Journal of Economic Dynamics & Control (2012)
https://doi.org/10.1016/j.jedc.2011.08.011
See also » FRB Working Paper (2010) - The Term Structure of Real Rates and Expected Inflation
Andrew Ang, Geert Bekaert, and Min Wei
Journal of Finance (2008)
https://doi.org/10.1111/j.1540-6261.2008.01332.x - Uncovered Interest Rate Parity and the Term Structure
Geert Bekaert, Min Wei, and Yuhang Xing
Journal of International Money and Finance (2007)
https://doi.org/10.1016/j.jimonfin.2007.05.004 - Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?
Andrew Ang, Geert Bekaert, and Min Wei
Journal of Monetary Economics (2007)
https://doi.org/10.1016/j.jmoneco.2006.04.006
See also » FRB Working Paper (2006) - What Does the Yield Curve Tell Us About GDP Growth?
Andrew Ang, Monika Piazzesi, and Min Wei
Journal of Econometrics (2006)
https://doi.org/10.1016/j.jeconom.2005.01.032
conference
October 2023Federal Reserve System Macro Conference
Why Does the Yield Curve Predict GDP Growth? The Role of Banks
discussion
September 2023SNB Research Conference
What Drives Long-Term Interest Rates? Evidence from the Entire Swiss Franc History 1852-2020
discussion
May 2023Atlanta Fed Annual Conference
Back to the 1980s or Not: The Drivers of Inflation and Real Risks in Treasury Bonds
discussion
September 2022Sveriges Riksbank Conference on Evaluating the monetary-policy toolkit: lessons for the future
Unexpected Supply Effects of Quantitative Easing and Tightening
discussion
November 20212021 Federal Reserve System Energy Meeting
The Rising Cost of Climate Change: Evidence from the Bond Market
conference
January 2021Federal Reserve Week After Conference
The Macroeconomic Effects of Unconventional Monetary Policy: New Evidence
discussion
November 20199th Bundesbank Term Structure Workshop
Tracing the impact of the ECB's asset purchase programme on the yield curve
seminar
May 2019Norges Bank and Riksbank
The Macroeconomic Effects of Unconventional Monetary Policy: New Evidence
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 Financial Economist
- 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