Lei Fang
Research Economist and Associate Advisercurriculum vitae
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email :: 404-498-8057
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Biography
Lei Fang is a research economist and associate adviser on the macroeconomics and monetary policy team in the research department of the Federal Reserve Bank of Atlanta. Her research areas are macroeconomics, growth and development economics, and labor economics. She is an occasional contributor to the Atlanta Fed's macroblog, which provides commentary on economic topics including monetary policy, macroeconomic developments, and the Southeast economy.
Before joining the Bank in 2008, Dr. Fang was a research assistant, teaching assistant, and instructor at Arizona State University.
Dr. Fang received her bachelor's degree in economics from Beijing University in China. She earned her master's degree and doctorate in economics from Arizona State University.
Working Papers
Atlanta Fed Working Papers
20222022-15
2021
The Short and the Long of It: Stock-Flow Matching in the US Housing Market
Eric Smith, Zoe Xie, and Lei Fang
October 2022
Abstract | Full text
2021-28
Luxuries, Necessities, and the Allocation of Time
Lei Fang, Anne Hannusch, and Pedro Silos
December 2021
Abstract | Full text
2021-17
Taxes, Subsidies, and Gender Gaps in Hours and Wages
Robert Duval-Hernandez, Lei Fang, and Rachel Ngai
June 2021
Abstract | Full text
2021-7b
2020
Consumption and Hours in the United States and Europe
Lei Fang and Fang Yang
January 2021 (Revised October 2022)
Abstract | Full text2020-13c
A Quantitative Analysis of CARES Act Unemployment Insurance
Lei Fang, Jun Nie, and Zoe Xie
July 2020 (revised June 2022)
Abstract | Full text2020-1
2019
Bundling Time and Goods: Implications for Hours Dispersion
Lei Fang, Anne Hannusch, and Pedro Silos
January 2020
Abstract | Full text2019-21a
2017
High-Skilled Services and Development in China
Lei Fang and Berthold Herrendorf
November 2019 (revised June 2021)
Abstract | Full text2017-8
Taxes and Market Hours: The Role of Gender and Skill
Robert Duval-Hernández, Lei Fang, and Rachel Ngai
September 2017
Abstract | Full text (718 KB)2014-5
Home Hours in the United States and Europe
Lei Fang and Cara McDaniel
June 2014
Abstract | Full text (282 KB) | Appendix (235 KB)
2014-2
Human Capital Dynamics and the U.S. Labor Market
Lei Fang and Jun Nie
February 2014
Abstract | Full text (343 KB)
2012-19
Home Production Technology and Time Allocation: Empirics, Theory, and Implications
Lei Fang and Guozhong Zhu
December 2012
Abstract | Full text (401 KB)
2012-16
Wages and Unemployment across Business Cycles: A High-Frequency Investigation
Lei Fang and Pedro Silos
October 2012
Abstract | Full text (216 KB)
2011-14
Impact of the Business Environment on Output and Productivity in Africa
El-hadj Bah and Lei Fang
November 2011
Abstract | Full text (428 KB)
2010-16a
Entry Costs, Financial Friction, and Cross-Country Differences in Income and TFP
Lei Fang
September 2010
Abstract | Full text (359 KB)
2009-8
Entry Barriers, Competition, and Technology Adoption
Lei Fang
March 2009
Abstract | Full text (349 KB)
2009-7
Product Market Regulation and Market Work: A Benchmark Analysis
Lei Fang and Richard Rogerson
March 2009
Abstract | Full text (298 KB)
Other Fed Work
Articles
2022
Lei Fang, Jun Nie, and Zoe Xie "Who Benefited Most from the CARES Act Unemployment Insurance Provisions?" Policy Hub (2022-4).
Abstract | Full text
2021
Lei Fang, Robert Duval-Hernández, and L. Rachel Ngai "Marketization of Home Production and Gender Gaps in Working Hours." Policy Hub (2021-7).
Abstract | Full text
2020
Lei Fang, Jun Nie, and Zoe Xie "The CARES Act Unemployment Insurance Program during the COVID-19 Pandemic." Policy Hub (2020-16).
Abstract | Full text
Lei Fang and Pedro Silos "Wage Growth over Unemployment Spells." Policy Hub (2020-9).
Abstract | Full text
Publications
Articles
"Consumption and Hours in the United States and Europe," with Fang Yang, Journal of Economic Dynamics and Control, Volume 144, November 2022, Article no. 104540.
"High-skilled Services and Development in China" with Berthold Herrendorf, Journal of Development Economics, Volume 151, June 2021, Article no. 102671.
"Time Allocation and Home Production Technology," with Guozhong Zhu, Journal of Economic Dynamics and Control, Volume 78, May 2017, Pages 88–101.
"Barriers to Entry, Competition and Technology Adoption." Economic Inquiry. DOI: 10.1111/ecin.12391.
"Home Hours in the United States and Europe," with Cara McDaniel. B.E. Journal of Macroeconomics. DOI: 10.1515/bejm-2015-0031.
"Impact of the Business Environment on Output and Productivity in Africa," with El-hadj Bah. Journal of Development Economics. 2015, vol. 114(C), pages 159–71.
"Entry Cost, Financial Friction, and Cross-country Di erences in Income and TFP" with El-hadj Bah. Macroeconomic Dynamics. 2016, vol. 20(4), pages 884–908.
"Product Market Regulation and Market Work: A Benchmark Analysis," with Richard Rogerson. American Economic Journal: Macroeconomics, vol. 3(2), pages 163–88, April 2011.
"Policy Analysis in a Matching Model with Intensive and Extensive Margins," with Richard Rogerson. 2009, International Economic Review, vol 50–4.