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Yi Wen

Assistant Vice President

Education

Ph.D. Economics
University of Iowa
1996

M.A. Philosophy of Science
Notre Dame University
1991

B.S. Medical Sciences
West China University of Medical Sciences
1987

Contact Info

Phone: (314) 444-8559
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
mediainquiries@stls.frb.org
Phone: (314) 444-8783




Review Articles

"The Visible Hand: The Role of Government in China’s Long-Awaited Industrial Revolution"
with George E. Fortier
Federal Reserve Bank of St. Louis Review, Third Quarter 2016
10.20955/r.2016.189-226

"Relative Income Traps"
with Maria A. Arias
Federal Reserve Bank of St. Louis Review, First Quarter 2016
10.20955/r.2016.41-60

"When and How To Exit Quantitative Easing?"
Federal Reserve Bank of St. Louis Review, Third Quarter 2014
10.20955/r.96.243-265

"Dynamics of Externalities: A Second-Order Perspective"
with Huabin Wu
Federal Reserve Bank of St. Louis Review, May/June 2011
10.20955/r.93.187-206

"Can Rising Housing Prices Explain China’s High Household Saving Rate?"
with Xin Wang
Federal Reserve Bank of St. Louis Review, March/April 2011
10.20955/r.93.67-88

"Granger Causality and Equilibrium Business Cycle Theory"
Federal Reserve Bank of St. Louis Review, May/June 2007
10.20955/r.89.195-206


Economic Synopses Articles

"Understanding the Trade Imbalance and Employment Decline in U.S. Manufacturing"
with Brian Reinbold
Federal Reserve Bank of St. Louis Economic Synopses, 2018, No. 15
10.20955/es.2018.15

"Secured and Unsecured Debt Over the Business Cycle"
with Maria A. Arias
Federal Reserve Bank of St. Louis Economic Synopses, 2017, No. 1
10.20955/es.2017.1

"Low Inflation in a World of Securitization"
with Brett W. Fawley
Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 15
10.20955/es.2013.15

"The Great Chinese Housing Boom"
with Brett W. Fawley
Federal Reserve Bank of St. Louis Economic Synopses, 2013, No. 13
10.20955/es.2013.13

"Reducing the U.S. Deficit by Recycling Capital Inflows"
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 17
10.20955/es.2012.17

"Okun’s Law: A Meaningful Guide for Monetary Policy?"
with Mingyu Chen
Federal Reserve Bank of St. Louis Economic Synopses, 2012, No. 15
10.20955/es.2012.15

"Oil Price Shocks and Inflation Risk"
with Mingyu Chen
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 19
10.20955/es.2011.19

"RMB Appreciation and U.S. Inflation Risk"
with Mingyu Chen
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 17
10.20955/es.2011.17

"Monetary Policy's Effects on Unemployment"
Federal Reserve Bank of St. Louis Economic Synopses, 2011, No. 10
10.20955/es.2011.10

"Why Aren’t the Chinese Buying More American Goods?"
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 19
10.20955/es.2010.19

"Why Do People Dislike Inflation?"
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 15
10.20955/es.2010.15

"Economic Growth and the Global Savings Glut"
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 12
10.20955/es.2010.12

"Money Supply, Credit Expansion, and Housing Price Inflation"
Federal Reserve Bank of St. Louis Economic Synopses, 2010, No. 6
10.20955/es.2010.6

"Can Monetary Policy Affect GDP Growth?"
Federal Reserve Bank of St. Louis Economic Synopses, 2009, No. 21
10.20955/es.2009.21

"Why Do Chinese Households Save So Much?"
with Luke M. Shimek
Federal Reserve Bank of St. Louis Economic Synopses, 2008, No. 19
10.20955/es.2008.19

"Oil Shocks and Price Stability"
with Luke M. Shimek
Federal Reserve Bank of St. Louis Economic Synopses, 2007, No. 28
10.20955/es.2007.28

"The U.S. Consumption Boom and Trade Deficit"
with Luke M. Shimek
Federal Reserve Bank of St. Louis Economic Synopses, 2007, No. 24
10.20955/es.2007.24

"The Quantity Theory of Money"
Federal Reserve Bank of St. Louis Economic Synopses, 2006, No. 25
10.20955/es.2006.25

"The Seasonal Cycle and the Business Cycle"
Federal Reserve Bank of St. Louis Economic Synopses, 2006, No. 17
10.20955/es.2006.17


Regional Economist Articles

"Housing Costs and Regional Income Inequality in China and the U.S."
with Brian Reinbold
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2018, Vol. 26, No. 2

"Income and Living Standards within the Eighth District"
with Brian Reinbold
Federal Reserve Bank of St. Louis The Regional Economist, First Quarter 2018, Vol. 26, No. 1

"Looking for the Positives In Negative Interest Rates"
with Brian Reinbold
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2017, Vol. 25, No. 4

"Does More Financial Development Lead to More or Less Volatility?"
with Maria A. Arias
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2017, Vol. 25, No. 2

"China's Rapid Rise: From Backward Agrarian Society to Industrial Powerhouse in Just 35 Years"
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2016, Vol. 24, No. 2

"Recovery from the Great Recession Has Varied around the World"
with Maria A. Arias
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2015, Vol. 23, No. 4

"Trapped: Few Developing Countries Can Climb the Economic Ladder or Stay There"
with Maria A. Arias
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2015, Vol. 23, No. 4

"Food Prices and Inflation in China and the U.S. Are Following Similar Paths"
with Maria A. Arias
Federal Reserve Bank of St. Louis The Regional Economist, Fourth Quarter 2014, Vol. 22, No. 4

"The Liquidity Trap: An Alternative Explanation for Today's Low Inflation"
with Maria A. Arias
Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2014, Vol. 22, No. 2





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