Fang Yang Louisiana State University Curriculum Vitae June 2015 FANG YANG Address Department of Economics, 2322 Business Education Complex, Nicholson Extension Baton Rouge, LA 70803 Email: [email protected] Office phone: 225-578-3803 Citizenship: China (U.S. Permanent Resident) Education 2006 Ph.D. (Economics), University of Minnesota-Twin Cities 2004 M.A. (Economics), University of Minnesota-Twin Cities 1999 M.A. (Economics), Peking University, China 1996 B.A. (Economics), Peking University, China Major Fields of Concentration Macroeconomics, Public Finance, Wealth Inequality, Savings, and Housing Employment Fall 2013-present Assistant Professor, Louisiana State University Fall 2006-Spring 2013 Assistant Professor, SUNY-Albany Previous Research Experience June-August 2012 Summer Fellow, Federal Reserve Bank of Chicago July-August 2008 Visitor, University of Pennsylvania, and Federal Reserve Bank of Philadelphia July 2007 Visitor, University of Illinois, Urbana-Champaign 2003-2006 Research Assistant, Instructor, University of Minnesota 2003-2006 Visiting Scholar, Federal Reserve Bank of Minneapolis Grants, Awards, and Honors 2012-present Member, Becker-Friedman Institute, Chicago–Human Capital and Economic Opportunity group (HCEO) 2014 Excellence in Teaching Award, Graduate Category, Dept. of Economics, LSU 2012 AEA CSWEP Summer Fellow 2008-2011 Faculty Research Award, SUNY-Albany 2007-2008 Stephen H. Sandell Grant, Center for Retirement Research at Boston College ($39,996) 2005-2006 Gross Fellowship, Department of Economics, University of Minnesota 2000-2001 Graduate School Fellowship, University of Minnesota 1997-1998 Atena Scholarship, Peking University 1996-1997 Tokyo Mitsubishi Bank Scholarship, Peking University 1996-1997 Excellent Academic Achievement Scholarship, Peking University 1994-1995 Sanwa Bank Scholarship, Peking University Publications: 1 Fang Yang Louisiana State University 1. “Housing Over Time and Over the Life Cycle: A Structural Estimation,” with Wenli Li, Haiyong Liu, and Rui Yao, International Economic Review, forthcoming 2. “Skill-Biased Technical Change and the Cost of Higher Education” with John B. Jones, The Journal of Labor Economics, forthcoming 3. “Home Production and Social Security Reform,” with Michael Dotsey and Wenli Li, European Economic Review, 73, 2015, 131–150. 4. “Bequests and Heterogeneity in Retirement Wealth,” with Mariacristina De Nardi, European Economic Review, 2014, 182-196, DOI : 10.1016/j.euroecorev.2014.09.004 5. “Consumption and Time Use over the Life Cycle,” with Michael Dotsey and Wenli Li, International Economic Review, Vol. 55, No. 3, August 2014, pages 665–692. 6. “Social Security Reform with Impure Intergenerational Altruism,” Journal of Economic Dynamics and Control, 37 (2013), 52-67. 7. “Accounting for Gender Gap in College Attainment,” with Suqin Ge, Economic Inquiry, 51(1), 2013, 478–499. 8. “American Dream or American Obsession? The Economic Benefits and Costs of Homeownership”, with Wenli Li, Business Review, Q3, 20-30, 2010. 9. “Consumption over the Life Cycle: How Different is Housing?” Review of Economic Dynamics, 12 (3), 423-443, 2009. Working Papers 1. “Is Relative Risk Aversion Time-varying? Evidence from Households' Portfolio Choice Data,” with Zongwu Cai and Xuan Liu (Revise and resubmit at Journal of Economic Dynamics and Control) 2. “Wealth Inequality, Family Background, and Estate Taxation”, with Mariacristina De Nardi, NBER WP #21047. Proposal accepted by the Carnegie-Rochester-NYU Conference in Public Policy, which will eventually be published in a special issue of the Journal of Monetary Economics. 3. “Financial Intermediation and Capital Reallocation,” with Hengjie Ai and Kai Li Work in Progress 1. “The Insurance Role of Marriage”, with Mariacristina De Nardi 2. “Financial Reform and Housing Prices,” with Betty C. Daniel 3. “Labor Supply of Married Household: a Gender Specific Analysis,” with Suqin Ge 4. “Policy Reforms, Housing, and Wealth Inequality” 5. “Limited Enforcement, Private Information, and Risk Sharing,” with Hengjie Ai Conference and Seminar Presentations 2015 UCL, Carnegie-Rochester-NYU Conference in Public Policy, Spring Midwest Macroeconomics Meetings, Fudan University, Hunan University, SED Meeting 2014 Spring Midwest Macroeconomics Meetings; North American Summer Meeting of the Econometric Society; Federal Reserve Bank of Chicago; Southern Economic Association Meeting 2013 Federal Reserve Bank of Kansas City; University of Connecticut; Louisiana State University, Stony Brook University; Washington State University; Board of Governors of the Federal Reserve System 2012 Emory University; SUNY-Albany; New York/Philadelphia Workshop on Quantitative Macroeconomics; Midwest Macroeconomics Meetings; North American Summer Meeting of the Econometric Society; SED Meeting; Federal Reserve Bank of Chicago; Recent Developments in 2 Fang Yang Louisiana State University the Economics of Home Production and Nonmarket Work at University of Chicago; Fall Midwest Macroeconomics Meetings in Boulder 2011 Midwest Macroeconomics Meetings; Federal Reserve Bank of Atlanta 2010 SED Meeting at Montreal, Canada 2009 Stony Brook University; Tsinghua Workshop in Macroeconomics, Beijing, China; North American Summer Meeting of the Econometric Society; Quantitative Society for Pensions and Saving Workshop, Utah State University, UT; Midwest Macroeconomics Meetings 2008 Federal Reserve Bank of Philadelphia; North American Summer Meeting of the Econometric Society; SUNY-Albany; Midwest Macroeconomics Meetings; Bank of Canada, Ottawa, Canada; American Economic Association Annual Meeting 2007 North American Summer Meeting of the Econometric Society, Durham, NC; Midwest Economic Association Meetings, Minneapolis, MN 2006 SUNY-Albany; SED meeting at Vancouver, Canada; North American Summer Meeting of the Econometric Society; Midwest Macroeconomics Meetings; University of Hong Kong, Hong Kong; Hong Kong University of Science and Technology, Hong Kong; Bank of Canada, Ottawa, Canada; Purdue University; Indiana University; University of Toronto; SUNY-Albany,; Rutgers University; University of Colorado-Boulder 2005 Federal Reserve Bank of Chicago; Federal Reserve Bank of Minneapolis; SED meeting at Budapest, Hungary; Midwest Macroeconomics Meetings; Housing, Mortgage Finance, and the Macroeconomy at Federal Reserve Bank of Atlanta 2004 CESifo Venice Summer Institute, Venice, Italy Discussions Housing-Urban-Labor-Macro (HULM) Conference, St. Louis, 2013 Midwest Economic Association Meetings at Minneapolis, MN, 2007 CESifo Venice Summer Institute, Venice, Italy, 2004 Courses Taught LSU Graduate Advanced Topics in Macroeconomics, Fall 2014 1st year PHD Macroeconomics, Fall 2013, Spring 2014, Spring 2015 Intermediate Macroeconomics, Spring 2014, Fall 2014, Spring 2015 SUNY-Albany Intermediate Macroeconomics, Fall 2006, Fall 2007, Fall 2008, Spring 2009, Fall 2009, Fall 2010, Spring 2011, Fall 2011, Spring 2012, Fall 2012, Spring 2013 Graduate Advanced Macroeconomics, Spring 2007, Fall 2008, Fall 2010, Fall 2012 University of Minnesota Macro Policy Honors (joint with Mariacristina De Nardi), Fall 2004 Principles of Macroeconomics, Spring 2004 Principles of Microeconomics, Spring 2003 Professional Activities Reviewer National Science Foundation Referee American Economic Journal: Macroeconomics, American Economic Review, B.E. Journal of Macroeconomics, Cityscape, Economic Modelling, Economic Inquiry, Economics Letters, European Economic Review, International Economic Review, Japanese Economic Review, Journal of Development Economics, Journal of Economic Dynamics and Control, Journal of 3 Fang Yang Louisiana State University Housing Economics, Journal of Income Distribution, Journal of Macroeconomics, Journal of Monetary Economics, Journal of Public Economics, Oxford Economic Papers, Macroeconomic Dynamics, Review of Economic Dynamics, Review of Income and Wealth, Southern Economic Journal, The Manchester School Professional membership American Economic Association, American Finance Association Service Department Research Committee, LSU College of Business Instructional Support and Development Committee, LSU Ph.D. Dissertation Committee Member, LSU Xianliang Tian (2014) Ting Wang (in progress) Dachao Yuan (in progress) Ph.D. Dissertation Committee Member, SUNY-Albany Yanyi Shan (2011) Siddhartha Chattopadhyay (2011) Ranajoy Chaudhury (2011) Li Li (2013) Hyuk Chung (2013) Pu Li (2014) Master Thesis, SUNY-Albany Yifei Zhang (2011, advisor) 4
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