Photo of Teng Wang

Teng Wang

Education

  • Ph.D., Finance, Erasmus University, 2015
  • M.Phil., Finance (Cum Laude), Erasmus University, 2010
  • B.Sc., International Economics and Finance, University of Amsterdam, 2008
Current Research Topics
  • Financial Crises and Bank Lending
  • Law and Finance, Wholesale Credit Risk
  • Principal Economist

    Board of Governors of the Federal Reserve System

    2021 - present
  • Senior Economist

    Board of Governors of the Federal Reserve System

    2018 - 2021
  • Economist

    Board of Governors of the Federal Reserve System

    2015 - 2018
  • Local Banks and the Effects of Oil Price Shocks
    Teng Wang
    Journal of Banking & Finance (2021)
    https://doi.org/10.1016/j.jbankfin.2021.106069
  • Debt Rollover Risk, Credit Default Swap Spread and Stock Returns: Evidence from the COVID-19 Crisis
    Ya Liu, Buhui Qiu, and Teng Wang
    Journal of Financial Stability (2021)
    https://doi.org/10.1016/j.jfs.2021.100855
  • Patent Enforcement, Shareholder Value, and Firm Innovations: Evidence from the Supreme Court Ruling on TC Heartland (2017)
    Andy Law, Buhui Qiu, and Teng Wang
    Harvard Business Law Review (2021)
  • Branching Networks and Geographic Contagion of Commodity Price Shocks
    Teng Wang
    Finance and Economics Discussion Series (2020)
    https://doi.org/10.17016/FEDS.2020.034
  • Do Bank Bailouts Affect the Provision of Trade Credit?
    Lars Norden, Gregory F. Udell, and Teng Wang
    Journal of Corporate Finance (2020)
    https://doi.org/10.1016/j.jcorpfin.2019.101522
  • To Build or to Buy? The Role of Local Information in Credit Market Development
    Teng Wang
    Management Science (2019)
    https://doi.org/10.1287/mnsc.2018.3105
    See also » FRB Working Paper (2017)
  • How Do Credit Ratings Affect Bank Lending Under Capital Constraints?
    Stijn Claessens, Andy Law, and Teng Wang
    BIS Working Papers (2018)
  • Does Knowledge Protection Benefit Shareholders? Evidence from Stock Market Reaction and Firm Investment in Knowledge Assets
    Buhui Qiu and Teng Wang
    Journal of Financial and Quantitative Analysis (2018)
    https://doi.org/10.1017/S0022109018000066
    See also » FRB Working Paper (2017)
  • The Effects of Corporate Bond Granularity
    Lars Norden, Peter Roosenboom, and Teng Wang
    Journal of Banking & Finance (2016)
    https://doi.org/10.1016/j.jbankfin.2015.11.001
  • Essays in Banking and Corporate Finance
    Teng Wang
    Dissertations (Erasmus University) (2015)
  • The Impact of Government Intervention in Banks on Corporate Borrowers' Stock Returns
    Lars Norden, Peter Roosenboom, and Teng Wang
    Journal of Financial and Quantitative Analysis (2013)
    https://doi.org/10.1017/S0022109013000537
  • conference

    May, 2022

    The Financial Intermediation Research Society (FIRS) Conference

  • conference

    May, 2022

    SFS Cavalcade

  • conference

    March, 2021

    Midwest finance conference (online)

  • conference

    January, 2021

    AEA annual meetings (online)

  • conference

    December, 2020

    Paris December Finance Conference (online)

  • conference

    November, 2020

    Federal Reserve System Committee Conference in Energy Finance (online)

  • conference

    October, 2020

    Stress Testing Research Conference (online)

  • conference

    January, 2020

    ASSA annual meetings, San Diego

  • conference

    October, 2019

    Community Banking in the 21st Century Research and Policy Conference, St. Louis

  • conference

    May, 2019

    Financial Intermediation Research Society Conference, Savannah

  • conference

    April, 2019

    Chicago Financial Institutions Conference

  • conference

    April, 2018

    EFA Annual Meetings

  • conference

    October, 2017

    FMA meetings

  • conference

    November 2017

    Federal Reserve System Committee on Financial Insitutions, Regulation, and Markets

  • conference

    January, 2017

    American Economic Association Annual Meetings

  • conference

    December, 2016

    International Conference on Small Business Finance, FGV Brazil

  • conference

    November, 2016

    Federal Reserve System Committee Meeting on Financial Structure and Regulation

  • discussion

    October, 2016

    FMA meetings

  • conference

    October, 2016

    FMA meetings

  • conference

    September, 2016

    Federal Reserve System Committee Meetings on Regional Economics

  • conference

    July, 2016

    FMA Asia/Pacific Conference

  • discussion

    April, 2016

    EFA Annual Meetings

  • conference

    April, 2016

    EFA Annual Meetings

  • discussion

    March, 2016

    Mid-Atlantic Research Conference in Finance

  • conference

    July, 2015

    China International Conference in Finance

  • discussion

    June, 2015

    RIETI - Bank of Japan Conference, Japan

  • conference

    June, 2015

    MoFiR workshop on Banking, Japan

  • seminar

    February, 2015

    European Central Bank, Germany

  • seminar

    February, 2015

    City University Hong Kong

  • seminar

    January, 2015

    Cornerstone Research

  • seminar

    January, 2015

    Federal Reserve Board of Governors

  • seminar

    January, 2015

    Federal Reserve Bank of Richmond

  • seminar

    December, 2014

    Dauphine University, France

  • conference

    June, 2014

    IFABS Conference, Lisbon

  • conference

    December 2013

    Australasian Finance and Banking Conference, Australia

  • conference

    June, 2011

    IFABS Conference, Rome

  • conference

    August, 2011

    European Finance Association, Sweden

Awards
  • 2021

    Southern Finance Association

    Southern Finance Association Conference Best Paper Award

  • 2016

    Financial Management Association

    FMA Asia Pacific Conference Best Paper Award

  • 2011

    National Science Foundation of the Netherlands

    NWO Mosaic Grant for Doctoral Research

Conference Organization
  • 2021-current

    Community Banking Conference

    Program Committee Member

  • 2017-current | North America and Asia

    Financial Management Association

    Program Committee Member

  • 2018-current

    Northern Finance Association

    Program Committee Member

  • 2021-current

    FIRS

    Program Committee Member

Referee
  • Ad hoc referee for Management Science, Journal of Financial and Quantitative Analysis, Review of Finance, Journal of Banking and Finance, Journal of Corporate Finance, Comparative Economic Studies, BE Journals
  • Ad hoc reviewer for research proposals for National Science Foundation (NSF)
Professional Affiliation
  • American Economics Association, American Finance Association, Financial Management Association, FIRS, Community Banking Conference
Last update: June 30, 2022