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Curriculum Vitae

Lei Zhang


Updated: September 2013

FIELDS OF INTEREST

            Public Economics, Economics of Education, Chinese Economy


CURRENT POSITION

           September 2013 - , Associate Professor, Antai College of Economics and Management, Shanghai Jiao Tong University
 
PROFESSIONAL EXPERIENCE
            
            September 2010-September2013 , Senior Fellow and Assistant Director, National Institute for Fiscal Studies, Tsinghua University
            July 2011-August 2013: Visiting Scholar, Burch Center for Tax Policy and Public Finance, Department of Economics, University of California at Berkeley 
            August 2004-April 2011: Assistant Professor of Economics, Clemson University
            January-April 2011, Consulting Professor, Stanford Center for International Development
            December 2009, Visiting scholar, National Institute for Fiscal Studies, Tsinghua University
            September 2007- August 2008, National Fellow, Hoover Institution, Stanford University
            2005 summer, 2006 summer, Visiting Fellow, Hoover Institution, Stanford University
            2003-2004: Research Assistant for Professor Eric Hanushek, Stanford University
            2000: Summer Intern, Policy Development and Review Department, IMF
            1999-2002: Teaching Assistant, Stanford University
            1994-1997: Research Assistant for Professor Gang Yi, China Center for Economic Research, Beijing University, Beijing, China

EDUCATION           

            Ph.D. in Economics, Stanford University, Stanford, CA, June 2004  
            M.A. in Economics, Beijing University, Beijing, P.R. China, July 1997
            B.A. in Economics, Beijing University, Beijing, P.R. China, July 1994


PUBLICATIONS

Research Articles:

            “Political Economy of Income Distribution Dynamics,” Journal of Development Economics, August 2008, 87(1), 119-139.
            “Parental Income and Return to College Education in Urban China” (with Cheng Yuan), Economic Research Journal (in Chinese, http://www.erj.cn/english.asp), May 2009, 44(5), 42-52.
            “Quality-Consistent Estimates of International Schooling and Skill Gradients” (with Eric A. Hanushek), Journal of Human Capital, Summer 2009, 3(2), 107-143.
            “The Effects of Welfare Reform on the Academic Performance of Children in Low-Income Households” (with Amalia R. Miller), Journal of Policy Analysis and Management, Fall 2009, 28(4), 577-599.
            “A Value-Added Estimate of Higher Education Quality of U.S. States,” Education Economics, December 2009, 17(4), 469-489.
            “Intergenerational Effects of Welfare Reform on Educational Attainment” (with Amalia Miller), Journal of Law and Economics, May 2012, 55(2), 437-476.                            “Classroom Peer Effects and Academic Achievement: Evidence from a Chinese Middle School” (with Katherine Carman), China Economic Review, June 2012, 23(2), 223-237.
            “Effects of College Educational Debt on Graduate School Attendance and Early Career and Life Choices,”  Education Economics, 2013, 21(2), 154-175 
            “An Empirical Analysis of Urban Household Education Expenditure in China” (with Cheng Yuan and Ying Zeng), Economics Perspectives, March 2013, 29-36 (in Chinese).
          “Money Supply and the Hyperinflation of the Early 1990s in China,” Economic Perspectives, 1996:7 (in Chinese)

Other Publications:

            “International Finance,” with Gang Yi, Shanghai Renmin Press, China, 1999 


WORKING PAPERS                     
            "Human Capital and Growth of Industries: Evidence from China's Higher Education Expansion in the Late 1990s," September 2013
            “Social Security Taxation and Compliance: The Chinese Evidence” (with Jie Mao and Jing Zhao), July 2012 
            “Public Education Spending and Private Substitution in Urban China” (with Cheng Yuan), July 2012
            “General Education, Vocational Education, and Labor-Market Outcomes over the Life-Cycle” (with Eric Hanushek and Ludger Woessmann), NBER Working Paper w17504 and CESifo Working Paper 3614, October 2011
            “The Effect of Investment Tax Incentives: Evidence from China’s Value-Added Tax Reform” (with Yuyu Chen and Zongyan He), May 2011, 
            “The Incentive Effects of Top 10% Plan” (with Kalena Cortes), September 2010
            “Consumption Taxes, Income Taxes, and Saving: Evidence from OECD Countries” (with William Dougan), May 2009, in preparation for submission 
            “Monetary and Exchange Rate Dynamics during Disinflation: an Empirical Analysis” (with A.J. Hamann and A. Arias), IMF working paper No. 05/33, March 2005
            “Should We All Go to Harvard? Matching between Students and Colleges” May, 2004.

RESEARCH IN PROGRESS

            “Productivity, Innovation, and China’s VAT Reform” (with Yuyu Chen)
            “College Admissions Tournament and High School Academic Achievement: Evidence from Texas Top 10% Plan" (with Kalena Cortes)
            “Political Economy of Local Government, Fiscal Spillovers, and Public Education Spending”
        

RESEARCH GRANTS                     

            Summer Research Grant, College of Business and Behavioral Science, Clemson University, 2006, 2007, 2008, 2009
            Young Investigator Development Grant, University of Kentucky Poverty Research Center, October 2007- September 2008 (with Amalia Miller)

HONORS AND AWARDS

            W. Glenn Campbell and Rita Ricardo-Campbell National Fellowship, Hoover Institution, Stanford University, September 2007 – August 2008
            John Stauffer National Fellowship in Public Policy, Hoover Institution, Stanford University, September 2007 – August 2008
            Research Fellowship, John M. Olin Program in Law and Economics, Stanford Law School, Summer, 2001
            Asia Pacific Scholars Fellowship (Young Fellow), Stanford University, 1997-1999
            Stanford Economics Department Fellowship, 1997-1998 (declined)
            Bank of Tokyo Scholarship, Beijing University, 1996
            Distinguished Graduate Award, Beijing University, 1994
            Guang Hua Excellence Award, Beijing University, 1990-1994

TEACHING

Clemson University:

            Introductory Econometrics (with computer lab, for economics majors and master’s students)
            Public Finance (for undergraduate economics majors)
            Empirical Public Finance (for economics Ph.D. students)
            Public Finance (for economics Ph.D. students)
            Principles of Microeconomics

Tsinghua University:

            Public Finance Seminar (for economics Ph.D. and Master’s students)


ADVISING

Clemson University:

            Master’s dissertation: Caihua Zheng (second reader); Xin Chen (second reader)
            Undergraduate Honor Thesis: Katie Ballard 

Tsinghua University: 

            Ph.D. Students: Zhao Jing, Wang Xiaoxia, Liu Yue, Wang Xin, Tang Yanhua
            Post-Doctoral Fellows: Mao Jie, Dong Lixia, Kou Enhui

PROFESSIONAL SERVICES

           Referee: American Economic Journal: Applied Economics, American Economic Journal: Economic Policy, B.E. Journal of Economic Analysis and Policy, China Economic Review, Economics Bulletin, Economic Development and Cultural Change, Economic Inquiry, Economics of Education Review, Education Economics, Education Finance and Policy, Educational Evaluation and Policy Analysis, Economic Research Journal, Frontiers of Education in China, Journal of Development Economics, Journal of Human Resources, National Science Foundation, Public Choice, Review of Economics and Statistics, Southern Economic Journal, Studies in Educational Evaluation
           
           Discussant: SEA (2006, 2007), AEFA (2007, 2008[2]), Stanford Center for International Development (SCID) China Conference (October, 2008), Public Finance Issues in China Conference (June 2011), AEFP (2012)

           Clemson UniversityOrganizer of Clemson University Economics Department Junior Faculty Lunch Seminar (September 2004 to May 2007), Public Finance Comprehensive Exam committee

SELECTED PRESENTATIONS

             2012: Compass-Lexecon, January; Acumen/SPHERE, January; Association of Education Finance and Policy annual conference, March; UC-Berkeley Public Finance lunch seminar, April; Society of Labor Economists (SOLE), May; School of Finance, Renmin University of China, June; China Economics Summer Institute, June; NBER-CCER Conference on China and World Economy, June; Public Finance Issues in China Conference (2), July
            2011: UC-Berkeley Public Finance lunch seminar, February; Association of Education Finance and Policy annual conference, March; Shanghai Jiaotong University-ASEM, May; Public Finance Issues in China conference, Beijing, June; UC-Berkeley Public Finance Lunch Seminar, October; Association of Policy Analysis and Management Fall Research Conference, November
            2010: AEFA annual conference, March; Tsinghua University, October; Beijing University School of Economics, October; Beijing University Guanghua School of Management, December
            2009: Clemson University, April; Stanford University School of Education, April; Tsinghua University, October; People’s Bank of China, December
            2008: National Tax Association annual conference, November; Clemson University, October; NBER Trans-Atlantic Public Economics Seminars, Paris, June; UC Santa Barbara, June; Beijing University School of Economics, May; Beijing University Guanghua School of Management, May; Tsinghua University, May; Beijing Normal University, May; Stanford University Hoover Institution, May; AEFA annual meetings (2), April; University of Oregon, February; Stanford University Economics Junior Faculty Seminar, January
            2007: San Francisco State University, November; Stanford University School of Education, November; Stanford University Hoover Institution, November; SEA Annual Meetings, November; Econometric Society North America Summer Meetings, June; Society of Labor Economics, May; NBER Education and Higher Education Program Meetings, April; AEFA annual meetings, March
            2006: Southern Economic Association Annual Meetings, November; Clemson University, October; Journal of Comparative Studies, economics workshop, Beijing, China, July; Clemson University Economics Junior Faculty Seminars, April; American Education Finance Association (AEFA) annual meetings, March;
            2005: Clemson University Economics Junior Faculty Seminars, April, October;


MEDIA COVERAGE:

        VOXEU.org: Nov 21, 2011 “The pros and cons of vocational education: New evidence” (http://www.voxeu.org/index.php?q=node/7300)


CONSULTING:

            Center of the American Experiment, 2009

 
AFFILIATIONS:

            American Economic Association