• 2012167
    Scott DAVIS (Research Fellow)

    Federal Reserve Bank of Dallas
    (Jul - Aug 2014; Jul - Aug 2012)

    2012167

    Scott DAVIS (Research Fellow)

    Federal Reserve Bank of Dallas
    (Jul - Aug 2014; Jul - Aug 2012)
    Research Topic:
    • 2014: The Macroeconomic Effects of Debt- and Equity-Based Capital Inflows and Policy Measures to Mitigate Those Effects
    • 2012: The Effect of Commodity Price Shocks on Underlying Inflation: The Role of Central Bank Credibility
    Working Papers:
    • Credit Booms, Banking Crises, and the Current Account
    • The Macroeconomic Effects of Debt- and Equity-Based Capital Inflows
    • The Effect of Commodity Price Shocks on Underlying Inflation: The Role of Central Bank Credibility
    Personal website: http://www.dallasfed.org/research/economists/davis.cfm
    Email: [email protected]
  • xianfeng-jiang_2014046-jpg
    Xianfeng JIANG (Exchange Fellow)

    Financial Research Institute of the People’s Bank of China
    (Mar 2014)

    xianfeng-jiang_2014046-jpg

    Xianfeng JIANG (Exchange Fellow)

    Financial Research Institute of the People’s Bank of China
    (Mar 2014)
    Research Topic:
    • 2014: Credit Risk Contagion among Banks in Hong Kong
    Email: [email protected]
  • 2014084-jpg
    Iikka KORHONEN (Research Fellow)

    Bank of Finland
    (Jun - Jul 2014)

    2014084-jpg

    Iikka KORHONEN (Research Fellow)

    Bank of Finland
    (Jun - Jul 2014)
    Research Topic:
    • 2014: Meta-Analysis of Studies on China’s Business Cycle Synchronization
    Working Papers:
    • Meta-Analysis of Chinese Business Cycle Correlation
    Personal website: http://www.suomenpankki.fi/en/suomen_pankki/organisaatio/asiantuntijoita/pages/korhonen_iikka.aspx
    Email: [email protected]
  • 2013176-jpg
    Simon H. KWAN (Research Fellow)

    Federal Reserve Bank of San Francisco
    (Nov 2018; May 2014 ; Mar 2014 ; Jul - Aug 2013; Dec 2003 - Jan 2004; Dec 2001; May - Aug 2000)

    2013176-jpg

    Simon H. KWAN (Research Fellow)

    Federal Reserve Bank of San Francisco
    (Nov 2018; May 2014 ; Mar 2014 ; Jul - Aug 2013; Dec 2003 - Jan 2004; Dec 2001; May - Aug 2000)
    Research Topic:
    • 2018: Complexity of global banks and their foreign operation in Hong Kong
    • 2013 - 2014: Liquidity Management of Foreign Banks in Hong Kong
    • 2003 - 2004: Is There a Lending Channel Monetary Policy Transmission in Hong Kong
    Working Papers:
    • The International Transmission of Shocks: Foreign Bank Branches in Hong Kong during Crises
    • Operating Performance of Banks among Asian Economies: An International and Time Series Comparison
    • The X-Efficiency of Commercial Banks in Hong Kong
    • Impact of Deposit Rate Deregulation in Hong Kong on the Market Value of Commercial Banks

    Dr. Simon Kwan is Senior Advisor at the Federal Reserve Bank of San Francisco. He is responsible for evaluating financial stability risks, both locally and nationally, with a focus on identifying and monitoring areas of emerging systemic risk in the financial system and serving as a source of expertise for policy makers as well as bank examiners and supervisors.

    Kwan has a wealth of expertise on issues pertaining to financial stability, macroprudential supervision, credit market conditions and risk, and bank regulation, expertise gained from years of experience within the Federal Reserve System, at the Sveriges Riksbank (the central bank of Sweden), and in academia.

    Prior to joining the Cleveland Fed, Kwan was Head of Research and Modelling in the Financial Stability Department at the Sveriges Riksbank in Stockholm, Sweden from 2015 to 2016. Kwan started his central banking career by joining the Federal Reserve Bank of San Francisco as an economist in 1995, and he worked his way up the ranks to Vice President, Head of Financial Research, and, Senior Research Advisor.

    Email: [email protected]
  • 2013179-jpg
    Edwin LAI (Research Fellow)

    The Hong Kong University of Science and Technology
    (Oct - Nov 2018; Jun 2013 - Jan 2014 (Part-time basis))

    2013179-jpg

    Edwin LAI (Research Fellow)

    The Hong Kong University of Science and Technology
    (Oct - Nov 2018; Jun 2013 - Jan 2014 (Part-time basis))
    Research Topic:
    • 2018: The potential use of RMB as a currency for trade invoicing and international payment in the Belt and Road countries
    • 2013: The Potential of the RMB to be a Major Invoicing Currency
    Working Papers:
    • Invoicing Currency in International Trade: An Empirical Investigation and Some Implications for the Renminbi
    Personal website: http://ihome.ust.hk/~elai/
    Email: [email protected]
  • dang-tri-vi_2014098-jpg
    Tri Vi DANG (Research Fellow)

    Columbia University
    (Jul 2017; Jul - Aug 2014)

    dang-tri-vi_2014098-jpg

    Tri Vi DANG (Research Fellow)

    Columbia University
    (Jul 2017; Jul - Aug 2014)
    Research Topic:
    • 2017: Disruptive Regulations: Theory and Evidence
    • 2014: Shadow Banking in China
    Working Papers:
    • Chinese Shadow Banking: Bank-Centric Misperceptions
    Personal website: http://www.columbia.edu/~td2332/
    Email: [email protected]
  • 2014083-jpg
    Jennifer LAI (Research Fellow)

    Guangdong University of Foreign Studies
    (Jun - Jul 2014)

    2014083-jpg

    Jennifer LAI (Research Fellow)

    Guangdong University of Foreign Studies
    (Jun - Jul 2014)
    Research Topic:
    • 2014: Heterogeneous Risk Preferences, and Test of Risk Sharing Using Household Level Data in China
    Working Papers:
    • Heterogeneous preferences and risk sharing at household level in China
    • China’s Capital and “Hot” Money Flows: An Empirical Investigation
    Personal website: https://sites.google.com/site/tlaiecon/
    Email: [email protected]
  • li-jianqiang_2014285-jpg
    Jianqiang LI (Exchange Fellow)

    Research Bureau of the People’s Bank of China
    (Nov 2014 - Jan 2015)

    li-jianqiang_2014285-jpg

    Jianqiang LI (Exchange Fellow)

    Research Bureau of the People’s Bank of China
    (Nov 2014 - Jan 2015)
    Research Topic:
    • 2014 - 2015: Modelling the Chinese Economy with Structural Changes
    Email: [email protected]
  • peng-liu_2014295-jpg
    Peng LIU (Research Fellow)

    Cornell University
    (Dec 2014)

    peng-liu_2014295-jpg

    Peng LIU (Research Fellow)

    Cornell University
    (Dec 2014)
    Research Topic:
    • 2014: Housing Price Volatility and Residential Mortgage Default Risk in China
    Personal website: http://www.professorliu.net/
    Email: [email protected]
  • martinez-peria-maria-soledad_2014171-jpg
    Maria Soledad MARTINEZ PERIA (Research Fellow)

    The World Bank
    (Aug 2014)

    martinez-peria-maria-soledad_2014171-jpg

    Maria Soledad MARTINEZ PERIA (Research Fellow)

    The World Bank
    (Aug 2014)
    Research Topic:
    • 2014: Foreign Bank Subsidiaries' Default Risk during the Global Crisis: What Factors Help Insulate Affiliates from their Parents?
    Personal website: http://www.worldbank.org/en/about/people/sole-martinez-peria
    Email: [email protected]
  • mem_photo_0_21_186_davidng_2011091_resized
    David NG (Research Fellow)

    Cornell University
    (Dec 2016; May - Jun 2014 ; May - Jun 2012, May - July 2011)

    mem_photo_0_21_186_davidng_2011091_resized

    David NG (Research Fellow)

    Cornell University
    (Dec 2016; May - Jun 2014 ; May - Jun 2012, May - July 2011)
    Research Topic:
    • 2016: On- and Off-Shore Corporate Bonds in China
    • 2014: Where do Emerging Market Investors Invest?
    • 2012: Foreign Equity Investments by Emerging Market Investors
    • 2011: Foreign Investors and International Contagion
    Working Papers:
    • The Coming Wave: Where Do Emerging Market Investors Put Their Money?
    • The Coming Wave
    • How Important are Foreign Ownership Linkages for International Stock Returns?
    Personal website: http://dyson.cornell.edu/people/profiles/ng.php
    Email: [email protected]
  • christopher-otrok_2014170-jpg
    Christopher OTROK (Research Fellow)

    University of Missouri
    (Aug - Sept 2014)

    christopher-otrok_2014170-jpg

    Christopher OTROK (Research Fellow)

    University of Missouri
    (Aug - Sept 2014)
    Research Topic:
    • 2014: Macro-Financial Spillovers in an Era of Globalization: The Role of Emerging Markets
    Personal website: http://web.missouri.edu/~otrokc/
    Email: [email protected]
  • guillaume-plantin_2014005-jpg
    Guillaume PLANTIN (Research Fellow)

    Toulouse School of Economics
    (Feb - Mar 2014)

    guillaume-plantin_2014005-jpg

    Guillaume PLANTIN (Research Fellow)

    Toulouse School of Economics
    (Feb - Mar 2014)
    Research Topic:
    • 2014: Asynchronous Monetary Policies and Destabilizing Capital Flows
    Working Papers:
    • Shadow Banking and Bank Capital Regulation
    Personal website: http://www.gplantin.net/
    Email: [email protected]
  • catherine-schenk_2014045-jpg
    Catherine SCHENK (Research Fellow)

    Glasgow University
    (Apr - May 2014 ; Apr - May 2008 ; Sep - Dec 2005)

    catherine-schenk_2014045-jpg

    Catherine SCHENK (Research Fellow)

    Glasgow University
    (Apr - May 2014 ; Apr - May 2008 ; Sep - Dec 2005)
    Research Topic:
    • 2014: The Development of International Bank Regulation and Supervision in Hong Kong 1970-82
    • 2008: The Hong Kong Exchange Fund and the Collapse of the Bretton Woods System 1967-75
    • 2005: The Hong Kong Banking System: Competitiveness and Responsiveness to External Shocks
    Working Papers:
    • The Evolution of the Hong Kong Currency Board During Global Exchange Rate Instability: Evidence from the Exchange Fund Advisory Committee 1967-1973
    • The Operation of the Moratorium on New Bank Licenses on the Hong Kong banking system 1965-81
    • The Origins of Anti-Competitive Regulation: Was Hong Kong 'over-banked' in the 1960s?
    Personal website: http://www.gla.ac.uk/schools/socialpolitical/staff/catherineschenk/
    Email: [email protected]
  • harald-scheule-1
    Harald SCHEULE (Research Fellow)

    University of Technology, Sydney
    (Sept 2017; Dec 2014 - Jan 2015; Nov - Dec 2010 ; Jan 2009 ; Nov - Dec 2007)

    harald-scheule-1

    Harald SCHEULE (Research Fellow)

    University of Technology, Sydney
    (Sept 2017; Dec 2014 - Jan 2015; Nov - Dec 2010 ; Jan 2009 ; Nov - Dec 2007)
    Research Topic:
    • 2017: Identifying Asian Bank Lending Standards
    • 2014 - 2015: Systemic Risk in Asian Bank Lending
    • 2010: Rating Performance and Agency Incentives of Asian Structured Finance Transactions
    • 2009: Asset Volatility, Credit Quality and Recovery for Hong Kong Borrowers
    • 2007: Stressing Credit Risk Forecasts for the Hong Kong Banking System
    Working Papers:
    • The role of loan portfolio losses and bank capital for Asian financial system resilience
    • Securitization Rating Performance and Agency Incentives
    • The Empirical Relation between Credit Quality, Recovery, and Correlation
    • Credit Losses in Economic Downturns - Empirical Evidence for Hong Kong Mortgage Loans
    Personal website: http://www.uts.edu.au/staff/harald.scheule
    Email: [email protected]
  • 2014172-jpg
    Sergio L. SCHMUKLER (Research Fellow)

    World Bank
    (Aug 2014 ; Jun 2014)

    2014172-jpg

    Sergio L. SCHMUKLER (Research Fellow)

    World Bank
    (Aug 2014 ; Jun 2014)
    Research Topic:
    • 2014: Global Capital Flows: The Role of the South and Trade
    Working Papers:
    • Capital Market Financing, Firm Growth, and Firm Size Distribution
    • International Asset Allocations and Capital Flows: The Benchmark Effect
    • Debt Markets in Emerging Economies: Major Trends
    Personal website: http://econ.worldbank.org/external/default/main?authorMDK=142794&theSitePK=469372&pagePK=64214821&menuPK=64214916&piPK=64214942
    Email: [email protected]
  • mem_photo_0_21_124_2010232
    Kang SHI (Research Fellow)

    The Chinese University of Hong Kong
    (Nov 2016 - Feb 2017; Aug 2014 ; Nov 2010 ; Aug - Sept 2010 ; Aug 2009 ; Aug 2007)

    mem_photo_0_21_124_2010232

    Kang SHI (Research Fellow)

    The Chinese University of Hong Kong
    (Nov 2016 - Feb 2017; Aug 2014 ; Nov 2010 ; Aug - Sept 2010 ; Aug 2009 ; Aug 2007)
    Research Topic:
    • 2016: Chinese Real Exchange Rate
    • 2014: SOE and Chinese Real Business Cycle
    • 2010: Sectoral Labor Mobility and Monetary Policy in Small Open Economies
    • 2009: Global Liquidity, Vertical Trade, and Financial Integration
    • 2007: Explanation for Fear of Floating
    Working Papers:
    • SOE and Chinese Real Business Cycle
    • Sectoral Labor Adjustment and Monetary Policy in a Small Open Economy
    • Vertical Trade and China's Export Dynamics
    • The Optimal Currency Basket with Input Currency and Output Currency
    • Input Substitution, Export Pricing, and Exchange Rate Policy
    Personal website: https://www.econ.cuhk.edu.hk/dept/staffPersonal.php?st_id=kshi
    Email: [email protected]
  • sun-tianqi_2014047-jpg
    Tianqi SUN (Exchange Fellow)

    The People's Bank of China (Mar 2014 ; Aug 2011)

    sun-tianqi_2014047-jpg

    Tianqi SUN (Exchange Fellow)

    The People's Bank of China (Mar 2014 ; Aug 2011)
    Research Topic:
    • 2014: 金融消費者權益保護
    Email: [email protected]
  • 2013254-jpg
    Rongrong SUN (Research Fellow)

    University of Nottingham, Ningbo China
    (Dec 2013 - Jan 2014)

    2013254-jpg

    Rongrong SUN (Research Fellow)

    University of Nottingham, Ningbo China
    (Dec 2013 - Jan 2014)
    Research Topic:
    • 2013: Measuring Chinese Monetary Policy
    Working Papers:
    • What Measures Chinese Monetary Policy?
    Personal website: http://www.nottingham.edu.cn/en/economics/staff/rongrongsun.aspx
    Email: [email protected]
  • heiwai-tang_20140106
    Heiwai TANG (Research Fellow)

    Johns Hopkins University
    (July 2016; Jan 2014; July - August 2011; June - July 2010)

    heiwai-tang_20140106

    Heiwai TANG (Research Fellow)

    Johns Hopkins University
    (July 2016; Jan 2014; July - August 2011; June - July 2010)
    Research Topic:
    • 2014: Domestic Value Added in Chinese Exports
    • 2011: China’s Exchange Rate Policies and Export Dynamics: A Firm-level Analysis
    • 2010: Financial Constraints and Exporting Behavior: Theory and Firm-level Evidence from China
    Working Papers:
    • The Domestic Segment of Global Supply Chains in China under State Capitalism
    • The Dragon is Flying West: Micro-Level Evidence of Chinese Outward Direct Investment
    • Factor Intensity, Product Switching, and Productivity: Evidence from Chinese Exporters
    • Exchange Rates and the Margins of Trade: Evidence from Chinese Exporters
    • Geopolitics, Global Patterns of Oil Trade, and China’s Oil Security Quest
    • The Determinants of Vertical Integration in Export Processing: Theory and Evidence from China
    Personal website: http://www.hwtang.com/
    Email: [email protected]
  • mem_photo_0_21_64_2009443-1-2
    Shang-jin WEI (Research Fellow)

    Columbia University
    (Jun 2014 ; Jan 2014; Jan - Feb 2013 ; Jan 2012 ; Aug 2011 ; Mar 2010 ; Dec 2009 ; Nov 2009 ; May 2009 ; Feb 2009 ; Jan 2009 ; Jan 2008 ; Feb - Jun 2001 ; Oct - Nov 2000)

    mem_photo_0_21_64_2009443-1-2

    Shang-jin WEI (Research Fellow)

    Columbia University
    (Jun 2014 ; Jan 2014; Jan - Feb 2013 ; Jan 2012 ; Aug 2011 ; Mar 2010 ; Dec 2009 ; Nov 2009 ; May 2009 ; Feb 2009 ; Jan 2009 ; Jan 2008 ; Feb - Jun 2001 ; Oct - Nov 2000)
    Research Topic:
    • 2014: Transport Infrastructure and the Real Exchange Rate with Application to Asia
    • 2011 - 2013: Are Some Forms of Capital Flows Riskier Than Others? Lessons from the 2008-2009 Global Financial Crisis
    • 2009 - 2010: How Sustainable Is China’s High Savings Rate?
    • 2008 - 2009: Does Leapfrogging in Export Sophistication Raise Economic Growth? Evidence from China and Other Countries
    Working Papers:
    • Roads and the Real Exchange Rate
    • A Theory of the Competitive Saving Motive
    • The Chinese Corporate Savings Puzzle: A Firm-Level Cross-Country Perspective
    • Give Credit where Credit is Due: Tracing Value Added in Global Production Chains
    • Domestic Institutions and the Bypass Effect of Financial Globalization
    • The Composition Matters: Capital Inflows and Liquidity Crunch during a Global Economic Crisis
    • The Value of Making Commitments Externally: Evidence from WTO Accessions
    • A Faith-based Initiative: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment?
    • Corruption and Cross-Border Investment in Emerging Markets: Firm-Level Evidence
    • Does Insider Trading Raise Market Volatility?
    • Offshore Investment Funds: Monsters in Emerging Markets?

    Shang-Jin Wei has been appointed as the New Century Chair in International Economics and Senior Fellow by the Brookings Institution since July 1, 2000. Before that, he had been on the faculty of Harvard University for eight years, first as an assistant professor of public policy and then an associate professor of public policy at the Kennedy School of Government. He is concurrently a research fellow at the National Bureau of Economic Research (Cambridge, USA), Centre for Economic Policy Research (London, UK), and Harvard University's Center for International Development.

    An expert in international finance, open-economy macroeconomics, international trade and investment, and reform strategies in transition economies, he has published scholarly articles in top academic journals, including Quarterly Journal of Economics, Review of Economics and Statistics, American Economic Review, European Economic Review, Journal of International Economics, Journal of Development Economics, Brookings Papers on Economic Activity, and Canadian Journal Economics. He has published two books, and contributed many chapters in other books.

    Many of his research outcomes have useful policy implications and have been reported in eleven different newspapers and magazines, including most recently the Financial Times (November 17, 2000; May 30, 2000; and June 23, 1997), Economist magazine (September 9, 2000; January 16, 1999; and August 2, 1997), Time magazine (June 22, 1998), Business Week (January 12, 1998, and December 1997), and Hong Kong Economic Daily (October 18, 2000). His anti-corruption reform proposal, "Special Governance Zones," (with others) received a First-prize People's Choice Award at the second international Innovation Marketplace competition sponsored by the World Bank on February 8-9, 2000.

    Personal website: http://www.nber.org/~wei/
    Email: [email protected]
  • Peter Tillmann
    Peter TILLMANN

    Justus–Liebig University Giessen
    (Jan 2020 ; Sept - Oct 2017 ; Sept - Oct 2015 ; Jan- Feb 2014; Feb 2012 ; Oct 2011 ; Sept 2010 - Oct 2010)

    Peter Tillmann

    Peter TILLMANN

    Justus–Liebig University Giessen
    (Jan 2020 ; Sept - Oct 2017 ; Sept - Oct 2015 ; Jan- Feb 2014; Feb 2012 ; Oct 2011 ; Sept 2010 - Oct 2010)
    Research Topic:
    • 2020: Monetary Policy Uncertainty in China
    • 2017: Asymmetric Monetary Policy Transmission in China: The Role of State‐Owned Enterprises
    • 2015: Monetary Policy in China: A Qual VAR Approach
    • 2014: The Effects of Unconventional Monetary Policies on Capital Flows to Emerging Market Economies
    • 2011 - 2012: House Prices in Asia: The Role of Capital Flows and LTV Ratios
    • 2010: Inflation Targeting and Inflation Persistence in Asia
    Working Papers:
    • Pushing on a String: State-Owned Enterprises and Monetary Policy Transmission in China
    • The Effectiveness of Monetary Policy in China: Evidence from a Qual VAR
    • Unconventional Monetary Policy Shocks and the Spillovers to Emerging Markets
    • Capital Inflows and Asset Prices: Evidence from Emerging Asia
    • Inflation Targeting and Inflation Persistence in Asia-Pacific
    Personal website: http://petertillmann.wordpress.com/
    Email: [email protected]
  • tao-zha_2014085-jpg
    Tao ZHA (Research Fellow)

    Federal Reserve Bank of Atlanta
    (Jun 2014)

    tao-zha_2014085-jpg

    Tao ZHA (Research Fellow)

    Federal Reserve Bank of Atlanta
    (Jun 2014)
    Research Topic:
    • 2014: Monetary Policy, Business Cycles, and Trend Switches in the Chinese Economy
    Working Papers:
    • Trends and Cycles In China's Macroeconomy
    Personal website: http://www.tzha.net
    Email: [email protected]