Yuan Ma

Yuan Ma

Ph.D. candidate at University of Texas at Dallas

Yuan Ma

Yuan Ma

Hi, welcome to my personal website! I am a Ph.D. candidate in Economics at University of Texas at Dallas. Before my PhD, I completed my undergraduate studies in International Accounting at Jiangxi University of Finance and Economics and earned a master’s degree from the School of Business and Management at Queen Mary University of London.

I am currently teaching undergraduate courses in macroeconomics. I find teaching to be a personally enriching experience and I hope to continue my teaching career.

My research interests include:

  • Macroeconomics
  • Monetary economics
  • Banking and financial institutions
  • Financial markets

Research

Work in Progress

IORB and the Market for Reserves: A High-Frequency Identification of the Fed's Balance Sheet Policy. (with Victor J. Valcarcel)

This paper studies how primary dealers respond to financial conditions and the Federal Reserve's balance sheet policy.

To be presented at The Society for Economics Measurement (SEM) 2026; Southern Economic Association (SEA) 2026.

Modeling Output and Inflation in Marshallian k.

This paper uses the Marshallian k ratio, base money over nominal income, as a monetary policy indicator and studies the response of output and inflation to the Marshallian k rule, as compared to the Taylor rule.

Presented at Midwest Economics Association (MEA) 2025; Missouri Valley Economic Association Conference (MVEA) 2025.

Teaching

ECON 2301, Principles of Macroeconomics (UG), Fall 2025 and Fall 2026

Instructor, full curricular responsibility

ECON 3312, Money and Banking (UG), Summer 2025 and Summer 2026

Co-instructor, full curricular responsibility