Skip to Main Content

Staff Economists

Headshot of Russell Wong

My research interests include monetary and growth theories. My recent policy analysis focuses on payment and settlement, including electronic money, Large Value Payment System and central counterparty clearing.

Professional Experience

Russell (Tsz-Nga) Wong is an economist in the Research Department. He joined the Richmond Fed in July 2016 after working as a senior analyst at the Bank of Canada.


Ph.D., Washington University in St. Louis, 2012
M.A., The Chinese University of Hong Kong, 2007
B.S., The Chinese University of Hong Kong, 2005

Curriculum vitae
Personal website

October 2017, No. 17-11

Optimal Incentive Contracts with Job Destruction Risk

Russell Wong, Borys Grochulski and Yuzhe Zhang

April 2017, No. 17-06

A Tractable Model of Monetary Exchange with Ex-Post Heterogeneity

Russell Wong, Pierre-Olivier Weill and Guillaume Rocheteau

"A Tractable Model of Monetary Exchange with Ex-Post Heterogeneity" (with G. Rocheteau and P.-O. Weill). Theoretical Economics (forthcoming).

"Estimation and Inference of Threshold Regression Models with Measurement Errors" (with T. Chong, H. Chen, I. Yan). Studies in Nonlinear Dynamics and Econometrics (forthcoming).

"Monetary Exchange and the Irreducible Cost of Inflation." Journal of Economic Theory 164 (July 2016): 218–229.

"A Tractable Monetary Model under General Preferences." Review of Economic Studies 83, no. 1 (January 2016): 402-420.

"Indeterminacy and the Elasticity of Substitution in One-Sector Models" (with Chong K. Yip). Journal of Economic Dynamics and Control 34, no. 4 (April 2010): 623-635.

Contact Us

Russell Wong
(804) 697-8791