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:
Adam Allington
mediainquiries@stls.frb.org
Office: (314) 444-8783
Cell: (314) 313-3783
Yi Wen
Working Papers
"Uncertainty and Sentiment-Driven Equilibria"
with Jess Benhabib and Pengfei Wang
Working Paper 2013-011A, posted March 2013.
"Is Government Spending a Free Lunch? -- Evidence from China"
with Xin Wang
Working Paper 2013-013A, posted March 2013.
"Financial Development and Long-Run Volatility Trends"
with Pengfei Wang
Working Paper 2013-003A, posted January 2013.
"What Inventories Tell Us about Aggregate Fluctuations -- A Tractable Approach to (S,s) Policies"
with Pengfei Wang and Zhiwei Xu
Working Paper 2012-059A, posted November 2012.
"Liquidity and Welfare"
Working Paper 2012-037A, posted September 2012.
"Sentiments and Aggregate Demand Fluctuations"
with Jess Benhabib and Pengfei Wang
Working Paper 2012-039A, posted September 2012.
"Two-Way Capital Flows and Global Imbalances: A Neoclassical Approach"
with Pengfei Wang and Zhiwei Xu
Working Paper 2012-016A, posted June 2012.
"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.
"Dynamics of Externalities: A Second-Order Perspective"
with Huabin Wu
Working Paper 2008-044B, posted November 2008, updated March 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.
"Saving and Growth under Borrowing Constraints: -- Explaining the “High Saving Rate” Puzzle"
Working Paper 2009-045C, posted September 2009, updated June 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.
"Leveraged Financing, Over Investment, and Boom-Bust Cycles"
with Patrick A. Pintus
Working Paper 2008-014C, posted June 2008, updated December 2009.
"An Analytical Approach to Buffer-Stock Saving under Borrowing Constraints"
Working Paper 2009-026A, posted June 2009, updated July 2009.
"Incomplete Information and Self-fulfilling Prophecies"
with Pengfei Wang
Working Paper 2007-033C, posted August 2007, updated July 2009.
"When does Heterogeneity Matter?"
Working Paper 2009-024A, posted May 2009.
"Liquidity and Welfare in a Heterogeneous-Agent Economy"
Working Paper 2009-019B, posted April 2009, updated May 2009.
"Financial Development and Economic Volatility: A Unified Explanation"
with Pengfei Wang
Working Paper 2009-022C, posted April 2009, updated May 2009.
"Inventory Accelerator in General Equilibrium"
with Pengfei Wang
Working Paper 2009-010A, posted March 2009.
"Input and Output Inventory Dynamics"
Working Paper 2008-008A, posted March 2008, updated February 2009.
"Inventories, Liquidity, and the Macroeconomy"
Working Paper 2008-045A, posted December 2008.
"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.
"Imperfect Competition and Sunspots"
with Pengfei Wang
Working Paper 2006-015A, posted March 2006.
"Labor Hoarding and Inventories"
Working Paper 2005-040B, posted June 2005, updated October 2005.
"The Effectiveness of Monetary Policy: An Assessment"
Working Paper 2005-052A, 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.
"Where's the Beef? The Trivial Dynamics of Real Business Cycle Models"
Working Paper 2005-039A, posted June 2005.
"The Multiplier: A General Equilibrium Analysis of Multi-Stage-Fabrication Economy with Inventories"
Working Paper 2005-046A, 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.
"Foreign Trade and Equilibrium Indeterminacy"
with Luís Aguiar-Conraria
Working Paper 2005-041A, posted June 2005.
