My research interests include macroeconomics, industry dynamics and productivity, banking, payments and financial systems.
Zhu Wang is a senior economist in the Research Department. His research has been published in several economic journals, including the American Economic Review, the Review of Economic Dynamics, and the International Journal of Industrial Organization.
Prior to joining the Richmond Fed in June 2011, Wang worked as a senior economist in the Research Department of the Federal Reserve Bank of Kansas City.
Ph.D., University of Chicago, 2004
M.A., Rutger University, 1999
B.A., Beijing University (China), 1996
"Why Do Payment Card Networks Charge Proportional Fees?" (with Oz Shy). American Economic Review 101, no. 4 (June 2011): 1575-1590.
"Market Structure and Payment Card Pricing: What Drives the Interchange?" International Journal of Industrial Organization 28, no. 1 (January 2010): 86-98.
"Income Distribution, Market Size and the Evolution of Industry." Review of Economic Dynamics 11, no. 3 (July 2008): 542-565.
"Technological Innovation and Market Turbulence: The Dot-com Experience." Review of Economic Dynamics 10, no. 1 (January 2007): 78-105.
| Paper | Title | Author(s) |
|---|---|---|
| 13-06 May 2013 |
Demand Externalitites and Price Cap Regulation: Learning from a Two-Sided Market |
Zhu Wang
|
| 13-04 April 2013 |
Competitors, Complementors, Parents and Places: Explaining Regional Agglomeration in the U.S. Auto Industry | Luis Cabral Zhu Wang Daniel Yi Xu |
| 12-08 November 2012 |
Ad-Valorem Platform Fees and Efficient Price Discrimination |
Zhu Wang
Julian Wright |
| 12-06 October 2012 |
The Economics of Two-Sided Payment Card Markets: Pricing, Adoption and Usage | James McAndrews Zhu Wang |
| Essay | Title | Author(s) |
|---|---|---|
| 13-02 February 2013 |
Why Do Debit Card Networks Charge Percentage Fees? | David A. Price Zhu Wang |
| 12-10 October 2012 |
Explaining an Industry Cluster: The Case of U.S. Car Makers from 1895-1969 | David A. Price Zhu Wang |
Zhu Wang
(804) 697-8247