Nan Li

Last Updated: October 11, 2018

Ms. Nan Li is a Senior Economist at the Research Department of the International Monetary Fund (IMF), an associate editor of the IMF Economic Review and a research associate of the Globalization and Monetary Policy Institute at the Federal Reserve Bank of Dallas. She specializes in international macroeconomics, trade, business cycles, firm innovations and economic growth. Her research papers have been published in various top academic journals, including Review of Economic Studies, Journal of Monetary Economics, American Economic Journal--Macro. She received her Ph.D. in economics from Stanfard University in 2007 after earning a B.S. from the Peking University in China. She joined the Ohio State University in 2007 as an Assistant Professor before moving to the Fund in 2011.

Email: NLI@imf.org

Personal WebPage: http://www.nanliweb.com

Fluent In: Chinese.

Education:

Ph.D. Economics, Stanford University, USA, 2007

B.S. Economics and Finance, Peking University, China, 2001


Previous Experience:

2007-2011, Assistant Professor, Department of Economics, Ohio State University


Editorial Activities:

Associate Editor, IMF Economic Review


Current Position:

Senior Economist, Research Department, IMF


Country work or Mission Assignment:

Guatemala Article IV, May 2013.


Seminar Presentation:

American Economic Association Annual Meeting, Society of Economic Dynamics, Econometric Society Meetings, Midwest Macro Meeting, NBER Summer Institute, NBER Economic Growth Group, Columbia University, Chinese University of Hong Kong, George Washington University, Georgetown University, Harvard University, Hong Kong University of Science and Technology, Johns Hopkins University-SAIS, London School of Business, London School of Economics, University of Notre Dame, Ohio State University, Stanford University, Peking University, Tsinghua University, Tokyo University, University of California at Irvine, University of California at Santa Cruz, San Francisco State University, University of London-Royal Holloway, University of Wisconsin-Madison, Federal Reserve Board, Fed-St Louis, Fed-Dallas, Fed-Minneapolis, Bank of Canada, IMF Institute, IMF research department, OECD, Bank of England, Bank of France


Teaching:

Lecturer, IMF External/Internal Training Courses: Macroeconomic Forecasting, Macroeconomic Diagnostics, Financial Programming and Policy (including On-line learning), Financial Inclusion, Early Warning Exercise, External Sector Assessment

Instructor: International Finance (undergraduate), International Trade and Open Macroeconomics (Ph.D), Department of Economics, Ohio State University


Work in progress:

“The Composition of Knowledge in a Path-dependent World” with Jie Cai

"Trade, Innovation and Knowledge Spillovers Across Countries and Sectors" with Jie Cai and Ana Maria Santacreu


Field of Expertise:

Open Economy Macroeconomics

International Trade

International Finance

Development Economics

IMF Books and Working Papers:

Dominant Currencies and External Adjustment , Staff Discussion Note No. 20/05 , July 20, 2020

The External Balance Assessment Methodology: 2018 Update , Working Paper No. 19/65 , March 19, 2019

Effective Trade Costs and the Current Account: An Empirical Analysis , Working Paper No. 19/8 , January 15, 2019

Real Sectoral Spillovers: A Dynamic Factor Analysis of the Great Recession , Working Paper No. 18/100 , May 09, 2018

China’s Rising IQ (Innovation Quotient) and Growth : Firm-level Evidence , Working Paper No. 16/249 , December 22, 2016

Emerging Market Business Cycles : The Role of Labor Market Frictions , Working Paper No. 12/237 , October 02, 2012

Selected Issue

Guatemala—Fiscal Sustainability Assessment, June 2013

Other Published Materials

"Manufacturing Jobs: Implications For Productivity and Inequality" with Wenjie Chen, Bertrand Gruss, Weicheng Lian, Natalija Novta and Yu Shi. IMF World Economic Outlook, April 2018.

Publications in Journals (Refereed)

"Growth Through Intersectoral Knowledge Linkages" with Jie Cai, 2019, Review of Economic Studies.

"Real Sectoral Spillovers: A Dynamic Factor Analysis of the Great Recession" with Vance Martin. 2018, Journal of Monetary Economics.

"International Transmission With Heterogeneous Sectors" with Keyu Jin, 2018, American Economic Journal: Macroeconomics.

"Value-Added Trade and Business Cycle Synchronization" with Romain Duval, Richa Saraf and Dulani Seneviratne, 2015, Journal of International Economics.

“Frequency Bias in Consumers’ Perceptions of Inflation”, with Sotiris Georganas and Paul Healy, 2014, European Economic Review.

“Labor Market Search in Emerging Economies”, with Emine Boz and Bora Durdu, 2014, Journal of Money, Banking and Credit

“Transaction Costs, Incomplete Markets, and Exchange Rate Fluctuations”, 2012, Macroeconomic Dynamics

“Cyclical Wage Movements in Emerging Markets Compared to Developed Economies: The Role of Interest Rates”, 2011, Review of Economic Dynamics

Other Published Materials

“Effective Trade Costs and the Current Account,” with Emine Boz and Hongrui Zhang, VoxEU, 2019.

Ms. Nan Li is a Senior Economist at the Research Department of the International Monetary Fund (IMF), an associate editor of the IMF Economic Review and a research associate of the Globalization and Monetary Policy Institute at the Federal Reserve Bank of Dallas. She specializes in international macroeconomics, trade, business cycles, firm innovations and economic growth. Her research papers have been published in various top academic journals, including Review of Economic Studies, Journal of Monetary Economics, American Economic Journal--Macro. She received her Ph.D. in economics from Stanfard University in 2007 after earning a B.S. from the Peking University in China. She joined the Ohio State University in 2007 as an Assistant Professor before moving to the Fund in 2011.

Email: NLI@imf.org

Personal WebPage: http://www.nanliweb.com

Fluent In: Chinese.

Education:

Ph.D. Economics, Stanford University, USA, 2007

B.S. Economics and Finance, Peking University, China, 2001


Previous Experience:

2007-2011, Assistant Professor, Department of Economics, Ohio State University


Editorial Activities:

Associate Editor, IMF Economic Review


Current Position:

Senior Economist, Research Department, IMF


Country work or Mission Assignment:

Guatemala Article IV, May 2013.


Seminar Presentation:

American Economic Association Annual Meeting, Society of Economic Dynamics, Econometric Society Meetings, Midwest Macro Meeting, NBER Summer Institute, NBER Economic Growth Group, Columbia University, Chinese University of Hong Kong, George Washington University, Georgetown University, Harvard University, Hong Kong University of Science and Technology, Johns Hopkins University-SAIS, London School of Business, London School of Economics, University of Notre Dame, Ohio State University, Stanford University, Peking University, Tsinghua University, Tokyo University, University of California at Irvine, University of California at Santa Cruz, San Francisco State University, University of London-Royal Holloway, University of Wisconsin-Madison, Federal Reserve Board, Fed-St Louis, Fed-Dallas, Fed-Minneapolis, Bank of Canada, IMF Institute, IMF research department, OECD, Bank of England, Bank of France


Teaching:

Lecturer, IMF External/Internal Training Courses: Macroeconomic Forecasting, Macroeconomic Diagnostics, Financial Programming and Policy (including On-line learning), Financial Inclusion, Early Warning Exercise, External Sector Assessment

Instructor: International Finance (undergraduate), International Trade and Open Macroeconomics (Ph.D), Department of Economics, Ohio State University


Work in progress:

“The Composition of Knowledge in a Path-dependent World” with Jie Cai

"Trade, Innovation and Knowledge Spillovers Across Countries and Sectors" with Jie Cai and Ana Maria Santacreu


Field of Expertise:

Open Economy Macroeconomics

International Trade

International Finance

Development Economics

IMF Books and Working Papers:

Dominant Currencies and External Adjustment , Staff Discussion Note No. 20/05 , July 20, 2020

The External Balance Assessment Methodology: 2018 Update , Working Paper No. 19/65 , March 19, 2019

Effective Trade Costs and the Current Account: An Empirical Analysis , Working Paper No. 19/8 , January 15, 2019

Real Sectoral Spillovers: A Dynamic Factor Analysis of the Great Recession , Working Paper No. 18/100 , May 09, 2018

China’s Rising IQ (Innovation Quotient) and Growth : Firm-level Evidence , Working Paper No. 16/249 , December 22, 2016

Emerging Market Business Cycles : The Role of Labor Market Frictions , Working Paper No. 12/237 , October 02, 2012

Selected Issue

Guatemala—Fiscal Sustainability Assessment, June 2013

Other Published Materials

"Manufacturing Jobs: Implications For Productivity and Inequality" with Wenjie Chen, Bertrand Gruss, Weicheng Lian, Natalija Novta and Yu Shi. IMF World Economic Outlook, April 2018.

Publications in Journals (Refereed)

"Growth Through Intersectoral Knowledge Linkages" with Jie Cai, 2019, Review of Economic Studies.

"Real Sectoral Spillovers: A Dynamic Factor Analysis of the Great Recession" with Vance Martin. 2018, Journal of Monetary Economics.

"International Transmission With Heterogeneous Sectors" with Keyu Jin, 2018, American Economic Journal: Macroeconomics.

"Value-Added Trade and Business Cycle Synchronization" with Romain Duval, Richa Saraf and Dulani Seneviratne, 2015, Journal of International Economics.

“Frequency Bias in Consumers’ Perceptions of Inflation”, with Sotiris Georganas and Paul Healy, 2014, European Economic Review.

“Labor Market Search in Emerging Economies”, with Emine Boz and Bora Durdu, 2014, Journal of Money, Banking and Credit

“Transaction Costs, Incomplete Markets, and Exchange Rate Fluctuations”, 2012, Macroeconomic Dynamics

“Cyclical Wage Movements in Emerging Markets Compared to Developed Economies: The Role of Interest Rates”, 2011, Review of Economic Dynamics

Other Published Materials

“Effective Trade Costs and the Current Account,” with Emine Boz and Hongrui Zhang, VoxEU, 2019.