Photo of Bin Wei

Bin Wei

Financial Economist and Adviser
personal websiteOff-site link

To interview economists, press should contact Public Affairs at 470-249-8348.

  • Biography

    Bin Wei is a financial economist and adviser on the financial markets team in the research department at the Federal Reserve Bank of Atlanta. His research interests include liquidity, contract theory, corporate finance, macrofinance, and computation.

    Before joining the Atlanta Fed in 2014, Dr. Wei was an economist at the Board of Governors of the Federal Reserve System from 2011 to 2014 and an assistant professor of finance at Baruch College, the City University of New York, from 2007 to 2011. Dr. Wei has published research in a variety of peer-reviewed journals, including Review of Financial Studies, Management Science, and Journal of Money, Credit and Banking.

    Dr. Wei received a bachelor of science from the University of Science and Technology of China and a master of applied economics (statistics) from the University of Pennsylvania. He earned his doctoral degree in finance from Duke University.

  • Working Papers

    Atlanta Fed Working Papers


    The Fed Takes On Corporate Credit Risk: An Analysis of the Efficacy of the SMCCF
    Simon Gilchrist, Bin Wei, Vivian Z. Yue, and Egon Zakrajšek
    September 2020
    Abstract | Full text Adobe PDF file format


    The Two-Pillar Policy for the RMB
    Urban J. Jermann, Bin Wei, and Vivian Z. Yue
    April 2019
    Abstract | Full text Adobe PDF file format (755 KB)

    Financial Intermediation Chains in an OTC Market
    Ji Shen, Bin Wei, and Hongjun Yan
    December 2018
    Abstract | Full text Adobe PDF file format (470 KB)

    Ambiguity Aversion and Variance Premium
    Jianjun Miao, Bin Wei, and Hao Zhou
    December 2018
    Abstract | Full text Adobe PDF file format (288 KB)

    Optimal Long-Term Contracting with Learning
    Zhiguo He, Bin Wei, Jianfeng Yu, and Feng Gao
    November 2016
    Abstract | Full text Adobe PDF file format (3 MB)

    Forecasts of Inflation and Interest Rates in No-Arbitrage Affine Models
    Nikolay Gospodinov and Bin Wei
    (Revised) March 2016
    Abstract | Full text Adobe PDF file format (418 KB)

    Liquidity Backstop and Dynamic Debt Runs
    Bin Wei and Vivian Z. Yue
    December 2015
    Abstract | Full text Adobe PDF file format (656 KB)

  • Other Fed Work

    Conference Proceedings

    Financial Intermediation Chains in a Search Market Off-site link
    St. Louis Fed Summer Workshop
    Ji Shen, Bin Wei, Hongjun Yan
    March 2015
    Full text Adobe PDF file format (347 KB)



    Bin Wei and Vivian Z. Yue "The Federal Reserve's Liquidity Backstops to the Municipal Bond Market during the COVID-19 Pandemic." Policy Hub (2020-5).
    Abstract | Full text Adobe PDF file format


    Urban Jermann, Bin Wei, and Vivian Yue. "China's Two-Pillar Policy for the Renminbi." Notes from the Vault (2018 September).

    Bin Wei and Vivian Yue. "Liquidity Backstops and Dynamic Debt Runs." Notes from the Vault (2015 June).

    Blog Posts

    Nikolay Gospodinov, Paula Tkac, and Bin Wei. "Are Long-Term Inflation Expectations Declining? Not So Fast, Says Atlanta Fed," macroblog. January 15, 2016.

  • Publications


    "Optimal Long-Term Contracting with Learning" (with Zhiguo He, Jianfeng Yu and Feng Gao). The Review of Financial Studies, June 2017 30(1): pp. 2006–2065.

    "Uncertainty, Risk, and Incentives: Theory and Evidence" (with Zhiguo He, Si Li, and Jianfeng Yu). Management Science, January 2014 60(1): pp. 206–26.

    "Exchange Rate Policy and LDC Foreign Borrowing" (with Samir Jahjah and Vivian Zhanwei Yue). Journal of Money, Credit, and Banking, October 2013 45(7): pp. 1275–300.

    "A Model of Portfolio Delegation and Strategic Trading" (with Albert S. Kyle and Hui Ou-Yang). Review of Financial Studies, November 2011 24(11): pp. 3813–840.

    Endogenous Events and Long Run Returns (joint with S. "Vish" Viswanathan). Review of Financial Studies, April 2008 21(2): pp. 855–88.