Olivier Wang

Assistant Professor of Finance

New York University, Stern School of Business

olivier.wang@nyu.edu

CV

Research interests: monetary policy, banking, macro-finance, international macroeconomics

Publications

Dynamic Oligopoly and Price Stickiness, with Iván Werning

American Economic Review, 112(8), August 2022


Let the Worst One Fail: A Credible Solution to the Too-Big-To-Fail Conundrum, with Thomas Philippon

Quarterly Journal of Economics, 138(2), May 2023

Yuki Arai Research Prize in Finance 2022


Working papers

Banks, Low Interest Rates, and Monetary Policy Transmission

Journal of Finance, revise and resubmit

European Central Bank Lamfalussy Fellowship 2018, AQR Top Finance Graduate Award 2019


Zombie Lending and Policy Traps, with Viral V. Acharya and Simone Lenzu 

Review of Economic Studies, revise and resubmit

Yuki Arai Research Prize in Finance 2023


Banking on Uninsured Deposits, with Itamar Drechsler, Alexi Savov and Philipp Schnabl

Journal of Finance, revise and resubmit


The Secular Decline in Interest Rates and the Rise of Shadow Banks, with Andrés Sarto 

Journal of Financial Economics, revise and resubmit


Intermediary-Based Loan Pricing: Price and Non-Price Terms Across Markets, with Pierre Mabille 


Strategic Commitments to Decarbonize: The Role of Large Firms, Common Ownership, and Governments, with Viral V. Acharya and Robert Engle 


Exchange Rate Pass-Through, Capital Flows, and Monetary Autonomy


Work in progress

Collusion and Price Stickiness, with Iván Werning

Slides 2022 Bank of Canada Annual Conference 


Shadow Banks and the Dynamic Effects of Monetary Policy on Small Business Lending, with Manasa Gopal, Dominik Supera and Andrés Sarto


The Economics of Biodiversity Loss, with Stefano Giglio, Theresa Kuchler and Johannes Stroebel


Financial Dominance, with Viral V. Acharya and Guillaume Plantin