Zhu Wang is a Senior Economist in the Payments System function of the Economic Research Department at the Federal Reserve Bank of Kansas City. He joined the Federal Reserve in July 2004. Zhu received a B.A. in economics from Beijing University (China), an M.A. in economics from Rutgers University (New Brunswick) and a Ph.D. in economics from the University of Chicago. Zhu's research interest include industrial organization and dynamics, innovation and productivity, money, banking and payments system.