Guanyi Yang is a computational macroeconomist with research interests in topics related to inequality and the labor market. His current research focuses on two areas: (i) how labor market frictions amplify welfare loss during a recession and delay economic recovery. The frictions in Guanyi’s work come from firms’ unequal capacity to access R&D, job nature, such as differences between formal and informal jobs, temporary and regular contracts, and racial discrimination in job search and matching. (ii) How factors change a person’s risk tolerance and affordability to various education and career choices, widening income and wealth inequalities over time. The factors he studies include childhood family structure and parental care, early adulthood family wealth, and marriage and fertility.
Guanyi received his Ph.D. in Economics from the Ohio State University in 2018 and B.A. in Mathematics and Economics (with honor) from Ohio Wesleyan University in 2013. Before joining CC, he was an assistant professor at St. Lawrence University. Guanyi grew up in a small mining town in central China and is a first-generation immigrant to the U.S. He is also a first-generation college graduate. Outside of CC, he serves as a faculty mentor at the Research In Color (RIC) Foundation.
