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YiLi Chien

Economic Policy Advisor

Education

Ph.D. Economics
University of California, Los Angeles
2006

C.Phil Economics
University of California, Los Angeles
2003

M.A. Economics
National Taiwan University (NTU), Taipei, Taiwan
1998

B.A. Economics
National TsingHua University (NTHU), HsinChu, Taiwan
1996

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:
Shera Dalin
mediainquiries@stls.frb.org
Phone: (314) 444-3911

YiLi Chien

Economic Policy Advisor




Working Papers

"What about Japan?"
with  Harold L. Cole and  Hanno Lustig
Federal Reserve Bank of St. Louis Working Paper 2023-028C, July 2024

"Optimal Dynamic Tax-Transfer Policies in Heterogeneous-Agents Economies"
with Yi Wen
Federal Reserve Bank of St. Louis Working Paper 2023-009A, May 2023

"Convergence to Rational Expectations in Learning Models: A Note of Caution"
with  In-Koo Cho and B. Ravikumar
Federal Reserve Bank of St. Louis Working Paper 2020-027B, September 2020

"Are Government Bonds Net Wealth or a Liability? ---Optimal Debt and Taxes in an OLG Model with Uninsurable Income Risk"
with Yi Wen and  HsinJung Yu
Federal Reserve Bank of St. Louis Working Paper 2020-007C, January 2021

"The Real Term Premium in a Stationary Economy with Segmented Asset Markets"
with  Junsang Lee
Federal Reserve Bank of St. Louis Working Paper 2018-030A, April 2018

"Optimal Ramsey Capital Income Taxation—A Reappraisal"
with Yi Wen
Federal Reserve Bank of St. Louis Working Paper 2017-024C, February 2018

"Implementing the Modified Golden Rule? Optimal Ramsey Capital Taxation with Incomplete Markets Revisited"
with  Yunmin Chen and  C.C. Yang
Federal Reserve Bank of St. Louis Working Paper 2017-003I, October 2020

"Incentive Compatibility as a Nonnegative Martingale"
with  Yunmin Chen and  C.C. Yang
Federal Reserve Bank of St. Louis Working Paper 2015-043C, December 2016