Education
Ph.D. Economics
University of Iowa
1996<
M.A. Philosophy of Science
Notre Dame University
Southbend, Indiana
1991
B.S. Medical Sciences
West China University of Medical Sciences
1987
Contact Info
Phone: (314) 444-8559
Fax: (314) 444-8731
Email: Yi.Wen@stls.frb.org
Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442
For media inquiries contact:
Ben C. Hardaway
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 341-2714
Yi Wen
Working Papers
"Capital, Finance, and Trade Collapse"
with Yang Jiao
Working Paper 2012-003A posted February 2012
"Explaining China's Trade Imbalance Puzzle"
Working Paper 2011-018A posted August 2011
"When Do Inventories Destabilize the Economy? An Analytical Approach to (S,s) Policies"
with Pengfei Wang and Zhiwei Xu
Working Paper 2011-014A posted May 2011
"Making Sense of China’s Excessive Foreign Reserves"
Working Paper 2011-006A posted February 2011
"Can Rising Housing Prices Explain China’s High Household Saving Rate?"
with Xin Wang
Working Paper 2010-048A posted November 2010
"Leveraged Borrowing and Boom-Bust Cycles"
with Patrick A. Pintus
Working Paper 2010-027B posted August 2010
"Lucas meets Baumol and Tobin"
Working Paper 2010-014B posted June 2010
"Liquidity Demand and Welfare in a Heterogeneous-Agent Economy"
Working Paper 2010-009A posted March 2010
"Dissecting Taylor Rules in a Structural VAR"
with Woon Gyu Choi
Working Paper 2010-005A posted January 2010
"Saving and Growth under Borrowing Constraints: -- Explaining the “High Saving Rate” Puzzle"
Working Paper 2009-045C posted September 2009, updated June 2010
"An Analytical Approach to Buffer-Stock Saving under Borrowing Constraints"
Working Paper 2009-026A posted June 2009, updated July 2009
"When does Heterogeneity Matter?"
Working Paper 2009-024A posted May 2009
"Financial Development and Economic Volatility: A Unified Explanation"
with Pengfei Wang
Working Paper 2009-022C posted April 2009, updated May 2009
"Liquidity and Welfare in a Heterogeneous-Agent Economy"
Working Paper 2009-019B posted April 2009, updated May 2009
"Inventory Accelerator in General Equilibrium"
with Pengfei Wang
Working Paper 2009-010A posted March 2009
"Inventories, Liquidity, and the Macroeconomy"
Working Paper 2008-045A posted December 2008
"Dynamics of Externalities: A Second-Order Perspective"
with Huabin Wu
Working Paper 2008-044B posted November 2008, updated March 2011
"Leveraged Financing, Over Investment, and Boom-Bust Cycles"
with Patrick A. Pintus
Working Paper 2008-014C posted June 2008, updated December 2009
"Input and Output Inventory Dynamics"
Working Paper 2008-008A posted March 2008, updated February 2009
"Incomplete Information and Self-fulfilling Prophecies"
with Pengfei Wang
Working Paper 2007-033C posted August 2007, updated July 2009
"Imperfect Competition and Sunspots"
with Pengfei Wang
Working Paper 2006-015A posted March 2006
"Solving Linear Difference Systems with Lagged Expectations by a Method of Undetermined Coefficients"
with Pengfei Wang
Working Paper 2006-003C posted January 2006, updated May 2006
"The Effectiveness of Monetary Policy: An Assessment"
Working Paper 2005-052A posted June 2005
"Wavelet: A New Tool for Business Cycle Analysis"
with Sharif Md. Raihan and Bing Zeng
Working Paper 2005-050A posted June 2005
"Durable Good Inventories and the Volatility of Production: Explaining the Less Volatile U.S. Economy"
Working Paper 2005-047A posted June 2005
"The Multiplier: A General Equilibrium Analysis of Multi-Stage-Fabrication Economy with Inventories"
Working Paper 2005-046A posted June 2005
"Foreign Trade and Equilibrium Indeterminacy"
with Luís Aguiar-Conraria
Working Paper 2005-041A posted June 2005
"Labor Hoarding and Inventories"
Working Paper 2005-040B posted June 2005, updated October 2005
"Where's the Beef? The Trivial Dynamics of Real Business Cycle Models"
Working Paper 2005-039A posted June 2005