Boyuan Zhang

Boyuan Zhang

Graduate Student in Economics

University of Pennsylvania

About Me

I am currently a fourth-year Ph.D. student in Economics at the University of Pennsylvania. My research interests include time series econometrics, Bayesian analysis, panel data model, applied macroeconomics, and machine learning. Before joining UPenn, I received a Master in Statistics at the University of Illinois at Urbana-Champaign.


  • Econometrics
  • Applied Macroeconomics
  • Panel Data Model
  • Machine Learning


  • Ph.D. in Economics, 2022 (Expected)

    University of Pennsylvania

  • M.S. in Statistics, 2016

    University of Illinois at Urbana-Champaign

  • B.S. in Physics, 2014

    Renmin University of China


(2020). Optimal Combination of Arctic Sea Ice Extent Measures: A Dynamic Factor Modeling Approach. International Journal of Forecasting, Forthcoming.

PDF Working Paper Version

(2018). Measuring International Uncertainty: the Case of Korea. Economics Letters 162 (2018): 22-26.

PDF Dataset Online Appendix

Work in Progress

  • Bayesian Estimation of Sparsely Heterogenous Panel Models
    (with Hyungsik Roger Moon and Frank Schorfheide)
  • Early Warning Indicator of Banking Crises via factor-augmented VAR model
  • Forecasting with Prior Wisdom on the Group Structure
  • The Path to an Ice-Free Arctic: Constrained Projections of Sea Ice Area, Extent, Thickness, and Volume
    (with Francis Diebold, Philippe Goulet Coulombe, Glenn Rudebusch, and Maximilian Göbel)


University of Pennsylvania

Recitation Instructor

  • Econ 002: Introductory Economics: Macroeconomics (2018 Fall)
  • Econ 002: Introductory Economics: Macroeconomics (2019 Spring)