Photo of Min Wei

Min Wei

Senior Associate Director Program Direction Section Monetary Affairs
202-736-5619
[email protected]

Education

  • Ph.D., Finance, Columbia Business School, 2004
  • M.A., Economics, State University of New York - Stony Brook, 1999
  • B.A., Finance, Fudan University (China), 1996
Current Research Topics
  • Term Structure of Interest Rates
  • Macro-Finance
  • Senior Associate Director

    Board of Governors of the Federal Reserve System

    2021 - present
  • Associate Director

    Board of Governors of the Federal Reserve System

    2018 - 2021
  • Deputy Associate Director

    Board of Governors of the Federal Reserve System

    2015 - 2018
  • Visiting Lecturer

    Princeton University

    2014 - 2016
  • Assistant Director

    Board of Governors of the Federal Reserve System

    2012 - 2015
  • Chief, Monetary & Financial Market Analysis

    Board of Governors of the Federal Reserve System

    2010 - 2012
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2009 - 2010
  • Visiting Assistant Professor of Finance

    Kenan-Flagler Business School, University of North Carolina - Chapel Hill

    2006
  • Economist

    Board of Governors of the Federal Reserve System

    2004 - 2009
  • What Drove Recent Trends in Corporate Bonds and Loans Usage?
    Jacob Bochner, Min Wei, and Jie Yang
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2789
  • Measuring the Natural Rate of Interest: The Role of Inflation Expectations
    David Lopez-Salido, Gerardo Sanz-Maldonado, Carly Schippits, and Min Wei
    FEDS Notes (2020)
    https://doi.org/10.17016/2380-7172.2593
  • Macroeconomic Effects of Large-Scale Asset Purchases: New Evidence
    Kyungmin Kim, Thomas Laubach, and Min Wei
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2020.047
  • Flights to Safety
    Lieven Baele, Geert Bekaert, Koen Inghelbrecht, and Min Wei
    Review of Financial Studies (2020)
    https://doi.org/10.1093/rfs/hhz055
    See also » FRB Working Paper (2014)
  • Tips from TIPS: Update and Discussions
    Don Kim, Cait Walsh, and Min Wei
    FEDS Notes (2019)
    https://doi.org/10.17016/2380-7172.2355
  • Tips from TIPS: The Informational Content of Treasury Inflation-Protected Security Prices
    Stefania D'Amico, Don H. Kim, and Min Wei
    Journal of Financial and Quantitative Analysis (2018)
    https://doi.org/10.1017/S0022109017000916
    See also » FRB Working Paper (2008)
  • Expectations about the Federal Reserve's Balance Sheet and the Term Structure of Interest Rates
    Jane Ihrig, Elizabeth Klee, Canlin Li, Min Wei, and Joe Kachovec
    International Journal of Central Banking (2018)
    See also » FRB Working Paper (2012)
  • Projected Evolution of the SOMA Portfolio and the 10-Year Treasury Term Premium Effect
    Brian Bonis, Jane Ihrig, and Min Wei
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.2081
  • The Effect of the Federal Reserve’s Securities Holdings on Longer-Term Interest Rates
    Brian Bonis, Jane Ihrig, and Min Wei
    FEDS Notes (2017)
    https://doi.org/10.17016/2380-7172.1977
  • Macroeconomic Sources of Recent Interest Rate Fluctuations
    Stefania D'Amico, Thomas B. King, and Min Wei
    FEDS Notes (2016)
    https://doi.org/10.17016/2380-7172.1777
  • Term Structure Modeling with Supply Factors and the Federal Reserve's Large-Scale Asset Purchase Programs
    Canlin Li and Min Wei
    International Journal of Central Banking (2013)
    See also » FRB Working Paper (2014)
  • Reverse Regressions and Long-Horizon Forecasting
    Min Wei and Jonathan Wright
    Journal of Applied Econometrics (2013)
    https://doi.org/10.1002/jae.1274
  • Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates
    Athanasios Orphanides and Min Wei
    Journal of Economic Dynamics & Control (2012)
    https://doi.org/10.1016/j.jedc.2011.08.011
    See also » FRB Working Paper (2010)
  • The Term Structure of Real Rates and Expected Inflation
    Andrew Ang, Geert Bekaert, and Min Wei
    Journal of Finance (2008)
    https://doi.org/10.1111/j.1540-6261.2008.01332.x
  • Uncovered Interest Rate Parity and the Term Structure
    Geert Bekaert, Min Wei, and Yuhang Xing
    Journal of International Money and Finance (2007)
    https://doi.org/10.1016/j.jimonfin.2007.05.004
  • Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?
    Andrew Ang, Geert Bekaert, and Min Wei
    Journal of Monetary Economics (2007)
    https://doi.org/10.1016/j.jmoneco.2006.04.006
    See also » FRB Working Paper (2006)
  • What Does the Yield Curve Tell Us About GDP Growth?
    Andrew Ang, Monika Piazzesi, and Min Wei
    Journal of Econometrics (2006)
    https://doi.org/10.1016/j.jeconom.2005.01.032
  • discussion

    September 2022

    Sveriges Riksbank Conference on Evaluating the monetary-policy toolkit: lessons for the future

    Unexpected Supply Effects of Quantitative Easing and Tightening

  • discussion

    November 2021

    2021 Federal Reserve System Energy Meeting

    The Rising Cost of Climate Change: Evidence from the Bond Market

  • conference

    January 2021

    Federal Reserve Week After Conference

    The Macroeconomic Effects of Unconventional Monetary Policy: New Evidence

  • discussion

    November 2019

    9th Bundesbank Term Structure Workshop

    Tracing the impact of the ECB's asset purchase programme on the yield curve

  • seminar

    May 2019

    Norges Bank and Riksbank

    The Macroeconomic Effects of Unconventional Monetary Policy: New Evidence

  • discussion

    November 2018

    BOK-BIS conference on "Asia-Pacific fixed income markets: evolving structure, participation and pricing"

    Determinants of sovereign local currency bond yields: The case of Asia-Pacific

  • discussion

    April 2018

    FRB Conference on Risk, Uncertainty, and Volatility

    Ambiguity, Nominal Bond Yields, and Real Bond Yields

  • discussion

    August 2017

    EFA Annual Meetings

    International Real Yields

  • discussion

    August 2017

    BoC-FRBSF-SFU Conference on Advances in Fixed Income and Macro-Finance Research

    Low Inflation: High Default Risk AND High Equity Valuations

  • discussion

    May 2017

    Sveriges Riksbank Conference on the Future of Forward Guidance

    Forward Guidance, Quantitative Easing, or Both?

  • discussion

    April 2017

    Fixed Income and Financial Institutions Conference

    Level and Volatility Shocks to Fiscal Policy: Term Structure Implications

  • discussion

    January 2016

    AEA Annual Meetings

    Monetary Policy Expectations at the Zero Lower Bound

  • seminar

    September 2014

    American University

    The Effects of Treasury Debt Supply on Macro and Term Structure Dynamics

  • conference

    September 2014

    Joint ECB-BoE workshop "Understanding the Yield Curve: What Has Changed With the Crisis?"

    The Effects of Treasury Debt Supply on Macro and Term Structure Dynamics

  • conference

    July 2014

    China International Conference in Finance

    Tips from TIPS: the Informational Content of Treasury Inflation-Protected Security Prices

  • discussion

    Jaunary 2014

    AEA Annual Meetings

    Noisy Information and Fundamental Disagreement

  • seminar

    December 2013

    Federal Reserve Bank of San Francisco

    The Effects of Treasury Debt Supply on Macro and Term Structure Dynamics

  • discussion

    October 2013

    FRBSF Workshop on Term Structure Modeling at the Zero Lower Bound

    A Model of the Euro-Area Yield Curve with Discrete Policy Rates

  • conference

    July 2013

    China International Conference in Finance

    Flights to Safety

  • discussion

    January 2013

    Federal Reserve Day Ahead Conference

    The Signaling Channel for Federal Reserve Bond Purchases

  • conference

    September 2012

    SNB Research Conference on Policy Challenges and Developments in Monetary Economics

    Term Structure Modeling with Supply Factors and the Federal Reserve's Large Scale Asset Purchase Programs

  • conference

    June 2012

    CEF 2012 Annual Conference

    Term Structure Modeling with Supply Factors and the Federal Reserve's Large Scale Asset Purchase Programs

  • conference

    February 2012

    FRBNY Portfolio Workshop

    Term Structure Modeling with Supply Factors and the Federal Reserve's Large Scale Asset Purchase Programs

  • discussion

    January 2011

    AEA Annual Meetings

    Unbiased Estimation of Dynamic Term Structure Models

  • discussion

    July 2010

    China International Conference in Finance

    How Predictable Are Components of the Aggregate Market Portfolio?

  • conference

    March 2010

    6th ECB Workshop on Forecasting Techniques

    Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates

  • seminar

    February 2008

    Federal Reserve Bank of San Francisco

    Tips from TIPS: the Informational Content of Treasury Inflation-Protected Security Prices

  • conference

    January 2008

    AEA Annual Meetings

    Evolving Macroeconomic Perceptions and the Term Structure of Interest Rates

  • discussion

    September 2007

    SNB Research Conference

    Learning and the Role of Macroeconomic Factors in the Term Structure of Interest Rates

  • conference

    July 2006

    NBER Summer Institute

    Do Macro Variables, Asset Markets, or Surveys Forecast Inflation Better?

  • discussion

    May 2005

    CIRANO-CIREQ Conference

    Human Capital and International Portfolio Choice

Referee
  • American Economic Review
  • Economic Notes
  • International Journal of Central Banking
  • Journal of Applied Econometrics
  • Journal of Banking and Finance
  • Journal of Business and Economic Statistics
  • Journal of Empirical Finance
  • Journal of Finance
  • Journal of Financial Economist
  • Journal of International Economics
  • Journal of International Money and Finance
  • Journal of Money, Credit, and Banking
  • Journal of Monetary Economics
  • Journal of Political Economy
  • Macroeconomic Dynamics
  • Management Science
  • Quarterly Journal of Economics
  • Review of Economics and Statistics
  • Review of Financial Studies
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Last Update: May 15, 2023