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Faculty CV

Li An

PERSONAL  PROFILE

Fudong Zhang joined Tsinghua University PBC School of Finance as an Assistant Professor in 2016 after receiving his Ph.D. in Economics from University of Michigan.  Prior to his Ph.D. study, Fudong received a B.S. in economics and mathematics from Central University of Finance and Economics, Beijing, China in 2010.

Fudong’s general research areas are macroeconomics and international economics with a special focus on inequality, housing, fiscal policy, sovereign defaults, survey measures of preferences, and the Chinese economy. In one of his recent working papers, Fudong showed a mechanism that links housing market outcomes to inequality dynamics, which can quantitatively explain the recent Chinese housing price boom.



EDUCATION

2010.8-2016.8             Ph.D. in Economics, University of Michigan

2006.9-2010.6             B.S. in Economics and Mathematics, Chinese Economics and Management Academy,

                                    Central University of Finance and Economics


ACADEMIC EXPERIENCE

2016.12 - Current         Assistant Professor, PBC School of Finance, Tsinghua University

RESEARCH INTERESTS

Macroeconomics, International Economics

WORKING PAPERS

[1]    Inequality and House Prices, 2016.

[2]    The Welfare and Distributional E?ects of Fiscal Uncertainty: A Quantitative Evaluation, 

        with Rüdiger Bachmann, Jinhui Bai, and Minjoon Lee, 2015

[3]    Diminishing Marginal Utility Revisited, with Miles Kimball, Fumio Ohtake, Daniel Reck, and Y. Tsutsui, 2015.

[4]    Trade after Sovereign Default, with Chenyue Hu, 2015.


WORK IN PROGRESS 

[1]    Return Differentials and Wealth Dynamics, with Romain Rancière.
[2]    Housing as a Financial Asset in a Life-cycle Model: Equilibrium Implications, with Dmitriy Stolyarov.
[3]    Separating Loss Aversion from Risk Aversion, with Miles Kimball.
[4]    Inequality and Cross-country Consumption Risk-sharing.


TEACHING        

  • Instructor, PBC School of Finance, Tsinghua University

    Advanced Microeconomic Theory (Ph.D. level), Fall 2016

    International Finance (undergraduate level), Fall 2016

  • Instructor, University of Michigan

    Principles of Macroeconomics (introductory level), Spring 2014

  • Graduate Student Instructor, University of Michigan

    Principles of Microeconomics (Introductory level), Winter 2015

    Macroeconomic Theory (Ph.D. level), Fall 2014

    Principles of Macroeconomics (introductory level), Winter 2014

    Game Theory (advanced undergraduate level), Fall 2011-Fall 2013

  • Teaching Assistant, Central University of Finance and Economics

    Advanced Financial Economics (advanced undergraduate level), Winter 2010

    Dynamical System (advanced undergraduate level), Fall 2009

FELLOWSHIPS AND AWARDS

  • Robert V. Roosa Dissertation Fellowship, University of Michigan 2015-2016

  • Summer Award, University of Michigan 2015

  • Rackham Research Grant, University of Michigan 2014

  • Summer Research Apprenticeship, University of Michigan 2011-2012

  • Distinguished Doctoral Study Scholarship, China Scholarship Council 2010-2014

  • National Scholarship, Ministry of Education of P.R. China 2008-2009


SEMINAR AND CONFERENCE PRESENTATIONS

  • 2015: CES North America Conference, The IMF Institute for Capacity Development, University of Michigan, Cleveland State University  

  • 2016: Tsinghua University (SEM), Tsinghua University (PBC), Peking University (GSM), University of Hong Kong, Shanghai Jiao Tong University (Antai), GRIPS-KEIO Macroeconomics and Policy Workshop                                                                                                            

OTHER PROFESSIONAL ACTIVITIES

Fund Internship Program at the IMF, supervised by Romain Rancière   Summer 2015  
Research Assistant to Miles Kimball   2011-2015
Referee for Journal of Economic Behavior & Organization