Dr Tianxi Wang

Department of Economics
Dr Tianxi Wang
  • Email

  • Telephone

    +44 (0) 1206 873480

  • Location

    3.205, Colchester Campus

  • Academic support hours

    Wednesday 11:00 - 13:00



Tianxi Wang joined the Department in September 2007. Tianxi's first degree was in Materials Science, following which he completed a master's degree in mathematics, after which he became a research student in economics at the London School of Economics. Tianxi's research interests are in contract theory and its applications, and in the organisation of financial markets.


  • PhD in Economics London School of Economics, (2009)

  • Msc in Pure Mathematics Beijing University, (1999)

  • BE in Material Science and Engineering Zhejiang University, (1996)

Research and professional activities

Research interests

Contract theory and its applications

Open to supervise

The organisation of financial markets

Open to supervise

Money and banking

Open to supervise

Conferences and presentations

Money Creation, Bank Liquidity and Monetary Policy

Econometric Society North American Summer Meeting, Seattle, United States, 29/6/2019

Teaching and supervision

Current teaching responsibilities

  • Mathematical Methods in Economics (EC251)

  • Economics of Banking (EC906)


Journal articles (7)

Bougheas, S. and Wang, T., (2021). A theory of outside equity: Financing multiple projects. Journal of Corporate Finance. 69, 102025-102025

Wang, T., (2020). Put Your Money Where Your Mouth Is: A Model of Certification with Informed Finance. International Review of Finance. 20 (2), 323-349

Wang, T. and Wright, GC., (2020). Increasing Returns to Scale Within Limits: A Model of ICT and its Effect on the Income Distribution and Occupation Choice. Journal of Economic Theory. 189, 105105-105105

Wang, T., (2019). Banks' Wealth, Banks Creation of Money, and Central Banking. International Journal of Central Banking. Sep 2019, 89-135

Wang, T., (2015). Competition and Increasing Returns to Scale: A Model of Bank Size. The Economic Journal. 125 (585), 989-1014

Wang, T., (2013). A model of leverage based on risk sharing. Economics Letters. 119 (1), 97-100

Wang, T., (2011). The dynamics of names: A model of reputation. International Economic Review. 52 (4), 1039-1058

Reports and Papers (11)

Wang, T. and Banerji, S., Intrinsic Cycles in Intermediately Developed Economies

Wang, T., Money Circulation, Bank Liquidity and Heterogeneous Non-Neutrality

Wang, T. and Morrison, A., Commercial Bank Vulnerability and the Liquidity Constraint Puzzle

Wang, T., Bank Leverage, Liquidity Stock and Bank Lending

Wang, T. and Wang, X., Designing Public Support for SMEs during Crises: The Role of Private Bank Lending

Wang, T., (2021). An Interbank Network Determined by the Real Economy

Morrison, AD. and Wang, T., (2021). Bank liquidity, bank lending, and "bad bank" policies

Wang, T. and Vasconcelos, L., (2017). Simultaneous Reporting of Credit Ratings

Wang, T. and Wright, GC., (2014). Techonolgical Change and the Income Distribution: Theory and Some Evidence

Wang, T., (2009). Risk, Leverage, and Regulation of Financial Intermediaries

Wang, T., (2009). The Allocation of Liability: Why Financial Intermediation?

+44 (0) 1206 873480


3.205, Colchester Campus

Academic support hours:

Wednesday 11:00 - 13:00