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YiLi Chien

Senior Economist


Ph.D. Economics
University of California, Los Angeles

C.Phil Economics
University of California, Los Angeles

M.A. Economics
National Taiwan University (NTU), Taipei, Taiwan

B.A. Economics
National TsingHua University (NTHU), HsinChu, Taiwan

Contact Info

Phone: (314) 444-4617
Fax: (314) 444-8731

Research Division
Federal Reserve Bank of St. Louis
P.O. Box 442
St. Louis, MO 63166-0442

For media inquiries contact:
Laura Taylor
Phone: (314) 444-8783

Selected Publications

"Implications of Heterogeneity in Preferences, Beliefs and Asset Trading Technologies in an Endowment Economy,"
with Harold L. Cole and Hanno Lustig.
Review of Economic Dynamics, Vol 20, pp. 215-239, April 2016.
Working Paper

"The Risk Premium and Long-Run Global Imbalances,"
with Kanda Naknoi.
Journal of Monetary Economics, 76, pp. 299-315, November 2015.
Working Paper

"Understanding the Distributional Impact of Long-Run Inflation,"
with Gabriele Camera.
Journal of Money, Credit, and Banking, 46(6), pp. 1137-1170, September 2014.
Working Paper

"Is the Volatility of the Market Price of Risk due to Intermittent Portfolio Re-balancing?"
with Harold Cole and Hanno Lustig
American Economic Review. Oct 2012, Vol. 102, No. 6: Pages 2859-2896.

Program Code


"A Multiplier Approach to Understanding the Macro Implications of Household Finance"
with Harold Cole and Hanno Lustig
Review of Economic Studies, 2011.

Program Code


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