David Wang
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David Wang is a Professor in the Department of Economics at Virginia Tech, where he has taught courses on the Chinese economy and international economics. His research focuses on macro-financial policy, climate finance, and the Chinese economy, and he has published in journals including Nature Energy, Journal of Banking & Finance, Energy Economics, and Resource and Energy Economics. Prior to joining Virginia Tech, he worked in both the public and private sectors. He spent over seven years at the International Monetary Fund, most recently as a Senior Financial Sector Expert in the Monetary and Capital Markets Department, and has also served as Chief Economist for Asia at Credit Suisse. Earlier in his career, he held roles at BlackRock and Morgan Stanley, and he began his professional life as a research assistant at the Federal Reserve Bank of Chicago.
PhD in Economics, Stanford University
Aug. 2006 — Jun. 2011
BA in Economics and Mathematics, University of Chicago.
Sep. 2001 — Jun 2004
Macro-financial policy; Climate finance; China Economics; Economics Forecasting
His research focuses on macro-financial policy, climate finance, and the Chinese economy.
International Economics (Fall)
Economics of China (Spring)
- Professor, Department of Economics, Virginia Tech (2024-present)
- Head of China Macro Research, Bridgewater Associates (2026–present)
- Independent Board Member, Chainup (2026-present)
- Senior Financial Sector Expert, IMF (2023–2026)
- Chief Economist for Asia, Credit Suisse (2018–2023)
- Economist, IMF (2014–2018)
- Economic/Investment Strategy Researcher, BlackRock (2011–2014)
- Analyst, Morgan Stanley (2004–2006)
- Research Assistant, Federal Reserve Bank of Chicago (2003–2004)
Feng, Meng, Yueming Lucy Qiu, and Yi David Wang, 2026, “Management attention to climate risk reduces corporate greenwashing through green innovation,” Communications Earth & Environment, https://doi.org/10.1038/s43247-026-03879-0
Cai, Yilin, Meng Feng, Yueming Qiu, and Yi David Wang, 2026, “Short-term profitability pressure following green bond issuance: Evidence from China’s listed heavy-polluting enterprises,” Sustainability, 18(12), 6114. https://doi.org/10.3390/su18126114
Wang, Bo, Han Shi, Yueming Qiu, Nana Deng, Destenie Nock, Xinchi Shen, Zhaohua Wang, Yi David Wang, 2025, “Unequal power outages induced by natural disasters,” Nature Communications, 16, 8947
Qiu, Yueming, Nana Deng, Bo Wang, Xingchi Shen, Zhaohua Wang, Nathan Hultman, Han Shi, Jie Liu, and Yi David Wang, 2024, “Power supply disruptions deter electric vehicle adoption in cities in China,” Nature Communications, 15, 6041
Qiu, Yueming, Yi David Wang, and Jiahai Yuan, 2022, “Accounting for toxicity,” Nature Energy 7, 124–125 (2022) https://doi.org/10.1038/s41560-021-00976-6
Qiu, Yueming, Yi David Wang, Hiroyuki Iseki, Xingchi Shen, Bo Xing, and Huiming Zhang, 2022, “Empirical grid impact of in-home electric vehicle charging differs from predictions,” Resource and Energy Economics 67
Qiu, Yueming, Yi David Wang, and Bo Xing, 2021, “Grid impact of non-residential distributed solar energy and reduced air emissions: Empirical evidence from individual-consumer-level smart meter data,” Applied Energy 290, 116804
Liang, Jing, Pengfei Liu, Yueming Qiu, Yi David Wang, and Bo Xing, 2020, “Time-of-Use Electricity Pricing and Residential Low-carbon Energy Technology Adoption,” The Energy Journal 41, 1944-9089
Pan, He, Yueming Qiu, Yi David Wang, Cihan Cobanoglu, Olena Ciftici, and Zhu Liu, 2019, “Loss of profit in the hotel industry of the United States due to climate change,” Environmental Research Letters 14, 084022
Qiu, Yueming, Loren Kirkeide, and Yi David Wang, 2018, “Effects of voluntary time-of-use pricing on summer electricity usage of business customers,” Environmental and Resource Economics 69(2), 417-440
Qiu, Yueming, Wang, Yi David, and Jianfeng Wang, 2017 “Soak up the sun: impact of solar panels on residential home values in Arizona,” Energy Economics 66, 328-336
Qiu, Yueming, Bo Xing, and Yi David Wang, 2017 “Prepaid electricity plan and electricity consumption behavior,” Contemporary Economic Policy 35(1), 125-142
Qiu, Yueming, Xin Su, and Yi David Wang, 2016, “Factors influencing commercial buildings to obtain green certificates,” Applied Economics 49(20), 1937-1949
Qiu, Yueming, Yin Shuai, and Yi David Wang, 2016, “Peer effects and voluntary green building certification”. Sustainability, 8(7), 632
Biao, Gu, Jianfeng Wang, and Yi David Wang, 2016, “A panel smooth transition approach to inflation and relative price variability in China,” Review of Development Economics 20, 62-73
Qiu, Yueming, Ashutosh Tiwari, and Yi David Wang, 2015, "The diffusion of voluntary green building certification: A spatial approach," Energy Efficiency 8, 449-471
Wang, Yi David, 2015, “Convertibility Restriction in China’s Foreign Exchange Market and its Impact on Forward Pricing,” Journal of Banking & Finance 50, 616-631
Qiu, Yueming, Yi David Wang and Jianfeng Wang, 2015. “Implied discount rate and payback threshold of energy efficiency investment in the industrial sector,” Applied Economics 47, 2218-2233
Li, Yan, Yueming Qiu, and Yi David Wang, 2014, “Explaining the Contract Terms of Energy Performance Contracting in China: The Importance of Effective Financing,” Energy Economics 45, 401-411
Qiu, Yueming, Leonard Ortolano, and Yi David Wang, 2013, “Factors influencing the technology upgrading and catch-up of Chinese wind turbine manufacturers: Technology acquisition mechanisms and government policies”. Energy Policy 55, 305-316
Wang, Yi David, 2010, “Anomaly in China’s Dollar-RMB Forward Market,” China & World Economy, Vol. 18, No. 2, pp. 96-120. (Earlier version published as SIEPR Working Paper #413)
McKinnon, Ronald, Brian Lee, and Yi David Wang, 2010, “The Global Economic Crisis and China’s Exchange Rate,” Singapore Economic Review, Vol. 55, No. 2, pp. 253-272.