Shang-Jin Wei
N T Wang Professor of Chinese Business and Economy
Economics
PhD, University of California, Berkeley
Joined CBS in 2007
Office:
552
Kravis
Phone:
212-854-9139
E-mail:
[email protected]
Fax:
212-316-9219
Personal Website
Curriculum Vitae
Biography
Dr. Shang-Jin Wei is N.T. Wang Professor of Chinese Business and Economy and Professor of Finance and Economics at Columbia University’s Graduate School of Business and School of International and Public Affairs.
During 2014-2016, Dr. Wei served as Chief Economist of Asian Development Bank and Director General of its Economic Research and Regional Cooperation Department. He was ADB’s chief spokesperson on economic trends and economic development in Asia, advised ADB’s President on economic development issues, led the bank’s analytical support for regional cooperation fora including ASEAN+3 (China, Japan, and Korea) and APEC, growth strategy diagnostics for developing member countries, as well as research on macroeconomic, financial, labor market, and globalization issues.
Prior to his Columbia appointment in 2007, he was Assistant Director and Chief of Trade and Investment Division at the International Monetary Fund. He was the IMF’s Chief of Mission to Myanmar (Burma) in 2004. He previously held the positions of Associate Professor of Public Policy at Harvard University, the New Century Chair in Trade and International Economics at the Brookings Institution, and Advisor at the World Bank.
He has been a consultant to numerous government organizations including the U.S. Board of Governors of the Federal Reserve System, United Nations Economic Commission on Europe, and United Nations Development Program, the Asian Development Bank, and to private companies such as PricewaterhouseCoopers. He holds a PhD in economics and M.S. in finance from the University of California, Berkeley.
Dr. Wei is a noted scholar on international finance, trade, macroeconomics, and China. He is a recipient of the Sun Yefang Prize for Distinguished Contributions to Economics (for the invention of the Competitive Saving Motive published in Journal of Political Economy), the Zhang Peifang Prize for Contributions to Economics of Development (for pioneering work on measurement of global value chains published in American Economic Review), and the Gregory Chow Award for Best Research Paper; some of his research was supported by a grant from the U.S. National Science Foundation.
Dr. Wei’s research has been published in top academic journals including American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, Journal of Finance, Review of Financial Studies, Journal of International Economics, and Journal of Development Economics, and reported in popular media including Financial Times, Wall Street Journal, Economist, Business Week, Times, US News and World Report, Chicago Tribune, South China Morning Post, and other international news media.
Teaching
Summer 2021
Fall 2021
Global Economic Environment II: Macroeconomic Policy
(MBA)
Navigating China
(MBA)
Summer 2020
Fall 2020
GEEII: Global Economic Challenges and Opportunities
(EMBA)
Navigating China
(MBA)
Summer 2019
International Seminar: Shanghai
(EMBA)
Fall 2019
Navigating China - the Second Largest Economy in the World
(MBA)
Global Economic Challenges and Opportunities
(EMBA)
Spring 2018
Navigating China - the Second Largest Economy in the World
(MBA)
Summer 2018
Columbia Caseworks cases
US-China Economic Relations: Which Path to Take?
(2019)
Coauthor(s): Zhigang Tao, Shang-Jin Wei, Erik Tollefson
Foxconn versus BYD (B): Strategic Approach to Intellectual Property Management in Emerging Markets
(2014)
Coauthor(s): Yahong Li, Jiangyong Lu, Zhigang Tao, Shang-Jin Wei
Negotiation in China: How Universal?
(2011)
Coauthor(s): Shang-Jin Wei, Zhigang Tao
Viagra in China: A Prolonged Battle over Intellectual Property Rights
(2010)
Coauthor(s): Shang-Jin Wei, Yahong Li, Jiangyong Lu, Zhigang Tao
Foxconn versus BYD (A): Commercial Espionage or Learning by Hiring?
(2009)
Coauthor(s): Yahong Li, Jiangyong Lu, Zhigang Tao, Shang-Jin Wei
Research
Journal articles
Tracing Value-added and Double Counting in Gross Exports
In American Economic Review
(2014)
Coauthor(s): Robert Koopman, Zhi Wang, Shang-Jin Wei
A Faith-Based Initiative Meets the Evidence: Does a Flexible Exchange Rate Regime Really Facilitate Current Account Adjustment?
In Review of Economics and Statistics
(2013)
Coauthor(s): Menzie Chinn, Shang-Jin Wei
A Theory of the Competitive Saving Motive
In Journal of International Economics
(2013)
Coauthor(s): Qingyuan Du, Shang-Jin Wei
Trade Liberalization and Embedded Institutional Reform: Evidence from Chinese Exporters
In American Economic Review
(2013)
Coauthor(s): Amit Khandelwal, Peter Schott, Shang-Jin Wei
Estimating Domestic Content in Exports When Processing Trade Is Pervasive
In Journal of Development Economics
(2012)
Coauthor(s): Robert Koopman, Zhi Wang, Shang-Jin Wei
From the financial crisis to the real economy: Using firm-level data to identify transmission channels
In Journal of International Economics
(2012)
Coauthor(s): Stijn Claessens, Hui Tong, Shang-Jin Wei
The Competitive Saving Motive: Evidence from Rising Sex Ratios and Savings Rates in China
In Journal of Political Economy
(2011)
Coauthor(s): Shang-Jin Wei, Xiaobo Zhang
Does Corporate Governance Risk at Home Affect Investment Choices Abroad?
In Journal of International Economics
(2011)
Coauthor(s): Woochan Kim, Taeyoon Sung, Shang-Jin Wei
Slow Pass-through Around the World: A New Import for Developing Countries?
In Open Economies Review
(2011)
Coauthor(s): Jeffrey Frankel, David Parsley, Shang-Jin Wei
The Composition Matters: Capital Inflows and Liquidity Crunch During a Global Economic Crisis
In Review of Financial Studies
(2011)
Coauthor(s): Shang-Jin Wei, Hui Tong
The Role of Intermediaries in Facilitating Trade
In Journal of International Economics
(2011)
Coauthor(s): Janet Ahn, Amit Khandelwal, Shang-Jin Wei
When Is Quality of Financial System a Source of Comparative Advantage?
In Journal of International Economics
(2011)
Coauthor(s): Jiandong Ju, Shang-Jin Wei
Domestic Institutions and the Bypass Effect of Financial Globalization
In American Economic Journal: Economic Policy
(2010)
Coauthor(s): Shang-Jin Wei, Jiandong Ju
Do External Interventions Work? The Case of Trade Reform Conditions in IMF Supported Programs
In Journal of Development Economics
(2010)
Coauthor(s): Shang-Jin Wei, Zhiwi Zhang
The Smuggling of Art, and the Art of Smuggling: Uncovering the Illicit Trade in Cultural Property and Antiques
In American Economic Journal: Applied Economics
(2009)
Coauthor(s): Raymond Fisman, Shang-Jin Wei
The Value of Making Commitments Externally: Evidence from WTO Accessions
In Journal of International Economics
(2009)
Coauthor(s): Man-Keung Tang, Shang-Jin Wei
Corruption and Cross-Border Investment in Emerging Markets: Firm-Level Evidence
In Journal of International Money and Finance
(2009)
Coauthor(s): Beata Javorcik, Shang-Jin Wei
Financial Globalization: A Reappraisal
In IMF Staff Papers
(2009)
Coauthor(s): M. Ayhan Kose, Eswar Prasad, Kenneth Rogoff, Shang-Jin Wei
In The Review of Economics and Statistics
(2008)
Coauthor(s): Raymond Fisman, Peter Moustakerski, Shang-Jin Wei
Estimation of De Facto Exchange Rate Regimes: Synthesis of the Techniques for Inferring Flexibility and Basket Weights
In IMF Staff Papers
(2008)
Coauthor(s): Jeffrey Frankel, Shang-Jin Wei
In Search of a Euro Effect: Big Lessons from a Big Mac Meal?
In Journal of International Money and Finance
(2008)
Coauthor(s): David Parsley, Shang-Jin Wei
A Prism into the PPP Puzzles: The Microfoundations of Big Mac Real Exchange Rates
In The Economic Journal
(2007)
Coauthor(s): David Parsley, Shang-Jin Wei
Assessing China's Exchange Rate Regime
In Economic Policy
(2007)
Coauthor(s): Jeffrey Frankel, Shang-Jin Wei
Collateral Damage: Capital Controls and International Trade
In Journal of International Money and Finance
(2007)
Coauthor(s): Shang-Jin Wei, Zhiwi Zhang
The WTO Promotes Trade, Strongly but Unevenly
In Journal of International Economics
(2007)
Coauthor(s): Arvind Subramanian, Shang-Jin Wei
Monetary Policies for Developing Countries: The Role of Institutional Quality
In Journal of International Economics
(2006)
Coauthor(s): Haizhou Huang, Shang-Jin Wei
Connecting two views on financial globalization: Can we make further progress?
In Journal of the Japanese and International Economies
(2006)
Coauthor(s): Shang-Jin Wei
Fear of Service Outsourcing: Is It Justified?
In Economic Policy
(2005)
Coauthor(s): Mary Amiti, Shang-Jin Wei
Transparency and International Portfolio Holdings
In The Journal of Finance
(2004)
Coauthor(s): R. Gaston Gelos, Shang-Jin Wei
Tax Rates and Tax Evasion: Evidence from 'Missing Imports' in China
In Journal of Political Economy
(2004)
Coauthor(s): Shang-Jin Wei
Books
China's Growing Role in World Trade
(2010)
Coauthor(s): Shang-Jin Wei, Robert Feenstra
Working papers
Current Account Adjustment: Some New Theory and Evidence
In NBER No. 13388
(2007)
Coauthor(s): Jiandong Ju, Shang-Jin Wei
Offshoring Tariff Evasion: Evidence from Hong Kong as Entrepôt Trader
(2005)
Coauthor(s): Peter Moustakerski, Shang-Jin Wei
Case studies
Negotiation in China: How Universal?
(2010)
Coauthor(s): Tao Zhigang, Shang-Jin Wei, Penelope Chan
Ideas and Insights
In The Media
Can China Save Its Economic Miracle?
Can China Save Its Economic Miracle?
Life, Liberty, and Lost Output
China’s Protests: Authorities, Public Are Doing Different Cost-Benefit Analyses, Professor Says
China’s Economic Growth Slows to 0.4%, Weakest in Two Years
Press Releases
Magazine articles
The Mystery of Chinese Savings
In <a href="http://www.voxeu.org/index.php?q=node/4568">VoxEU.com</a>
(2010)
Coauthor(s): Shang-Jin Wei
Why Do the Chinese Save So Much?
In Forbes.com
(2010)
Coauthor(s): Shang-Jin Wei