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Photo of Lei Fang Lei Fang
Research Economist and Assistant Policy Adviser

Research Department
Federal Reserve Bank of Atlanta
1000 Peachtree Street N.E.
Atlanta, Georgia 30309-4470

To interview economists, press should contact Public Affairs at 404-498-8748.

  • Biography
  • Research
  • Curriculum Vitae


Lei Fang is a research economist and assistant policy adviser in the research department of the Federal Reserve Bank of Atlanta. Her research areas are macroeconomics, growth and development economics, and labor economics. She is an occasional contributor to the Atlanta Fed's macroblog, which provides commentary on economic topics including monetary policy, macroeconomic developments, and the Southeast economy.

Before joining the Bank in 2008, Dr. Fang was a research assistant, teaching assistant, and instructor at Arizona State University. She is a member of the American Economic Association and the Econometric Society.

Dr. Fang received her bachelor's degree in economics from Beijing University in China. She earned her master's degree and doctorate in economics from Arizona State University.


Journal Articles

Fang, Lei and Richard Rogerson. "Policy Analysis in a Matching Model with Intensive and Extensive Margins." International Economic Review 50, no. 4 (2009): 1153–68.

     . "Product Market Regulation and Market Work: A Benchmark Analysis." American Economic Journal: Macroeconomics, 3, no. 2 (2011): 163–88.

Atlanta Fed Working Papers

Home Hours in the United States and Europe
Lei Fang and Cara McDaniel
June 2014
Abstract || Full text in PDF (282 KB) || Appendix in PDF (235 KB)

Home Production Technology and Time Allocation: Empirics, Theory, and Implications
Lei Fang and Guozhong Zhu
December 2012
Abstract || Full text in PDF (401 KB)

Wages and Unemployment across Business Cycles: A High-Frequency Investigation
Lei Fang and Pedro Silos
October 2012
Abstract || Full text in PDF (216 KB)

Impact of the Business Environment on Output and Productivity in Africa
El-hadj Bah and Lei Fang
November 2011
Abstract || Full text in PDF (428 KB)

Entry Cost, Financial Friction, and Cross-Country Differences in Income and TFP
Lei Fang
September 2010
Abstract || Full text in PDF (359 KB)

Entry Barriers, Competition, and Technology Adoption
Lei Fang
March 2009
Abstract || Full text in PDF (349 KB)

Product Market Regulation and Market Work: A Benchmark Analysis
Lei Fang and Richard Rogerson
March 2009
Abstract || Full text in PDF (298 KB)

Curriculum Vitae


2008– Research Economist and Assistant Policy Adviser, Federal Reserve Bank of Atlanta
2005–08 Research Assistant and Part-Time Instructor, Arizona State University
2003–05 Teaching Assistant, Arizona State University


PhD, Economics, Arizona State University, August 2008
MA, Economics, Arizona State University, December 2004
BA, Economics, Beijing University (People's Republic of China), July 2002

Professional Memberships

American Economics Association
Econometric Societies

Honors and Awards

Barchilon Scholarship, Arizona State University, August 2007
Graduate College Award for Tuition, Arizona State University, August 2004
Graduate Assistantship, Arizona State University, August 2003—08
Hong Kong Alumni Academic Excellence Award, Beijing University, People's Republic of China, 2001