Research
Biography
Leslie Shen a Senior Economist at the Federal Reserve Bank of Boston. Her research focuses on international finance, banking, and macroeconomics, covering topics including financial & banking globalization, geopolitical risk, capital flows, financial networks, and household consumption. She is also a visiting scholar at the MIT Golub Center for Finance and Policy and an instructor at Harvard University. Prior to her current role, she has worked at the Federal Reserve Board and the Federal Reserve Bank of New York. She received her Ph.D. in Economics from the University of California, Berkeley.
Work Experience
Federal Reserve Bank of Boston
Senior Economist, 2024-
Senior Financial Economist, 2023-2024
Financial Economist, 2022-2023
Massachusetts Institute of Technology
Visiting Scholar, 2020-
Harvard University
Visiting Faculty, 2023-
Federal Reserve Board of Governors
Economist, 2019-2022
Education
PhD, Economics, University of California, Berkeley, 2019
BA, Economics (honors) and Political Science, Wellesley College, 2010
Primary fields of research
International finance, Financial Economics, Macroeconomics, Political Economy
Publications
“Local Effects of Global Capital Flows: A China Shock in the U.S. Housing Market” with Zhimin Li and Calvin Zhang. The Review of Financial Studies, 2024.
“Scarred Consumption” with Ulrike Malmendier. American Economic Journal – Macroeconomics, 2024.
“Dollar Funding Stress in China” with Darrell Duffie and Laura Kodres. In Fault Lines After COVID-19: Global Economic Challenges and Opportunities, Palgrave Macmillan; 1st ed. 2023.