Zhu Wang
Senior Economist
Research Department
Federal Reserve Bank of Kansas City
1 Memorial Drive
Kansas City, MO 64198
Email:
Zhu.Wang@kc.frb.org
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Curriculum Vitae (PDF 116k) |
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| Publications in journals and books | Other publications |
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Work in progress |
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Zhu Wang is a Senior Economist in the Payments System function of the Economic Research Department at the Federal Reserve Bank of Kansas City. Zhu received his Ph.D. in economics from the University of Chicago, and joined the Federal Reserve in July 2004. His research interests include industrial organization and dynamics; innovation, entrepreneurship and productivity; money, banking and payments system. |
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"Income Distribution, Market Size and the Evolution of Industry," Review of Economic Dynamics, 2008, 11(3), 542-565. "Technological Innovation and Market Turbulence: The Dot-com Experience," Review of Economic Dynamics, 2007, 10 (1), 78-105. "Nonbanks and Risk in Retail Payments: EU and US," joint with ECB and KC Fed staff, Managing Information Risk and the Economics of Security, Eric M. Johnson, ed., Springer Publishing, forthcoming. |
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Federal Reserve Bank of Kansas City Economic Review articles |
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"Nonbanks in the Payments System: Innovation, Competition, and Risk - A Conference Summary," with Richard J. Sullivan, Third Quarter 2007. (Summary | Article PDF 109K) |
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"Market Structure and Credit Card Pricing: What Drives the Interchange?" October 2008. (PDF, 1,724K) "The Economics of Two-Sided Payment Card Markets: Pricing, Adoption and Usage," (Previously titled "Microfoundations of Two-sided Markets: The Payment Card Example") with James McAndrews, September 2008. (PDF, 832K) "Internet Banking: An Exploration in Technology Diffusion and Impact," with Richard J. Sullivan, June 2006. (PDF, 418K) |
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"Online Banking Comes of Age," Ten Newsletter Article, January 2006, (PDF 179K) |
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"Why Do Card Issuers Charge Proportional Fees?" with Oz Shy, U of Michigan. (PDF 479K) "Spin-offs: Theory and Evidence," with Luis Cabral, NYU. (PDF 211K) "Product Innovation and Firm Survival in A Network Industry," with Fumiko Hayashi, KC Fed. (PDF 464K) "Network Effects and Geographic Concentration of Industry," with Yi Xu, NYU. (preliminary version available upon request) |