Professor of Economics — Econometrics & AI

Weining
Wang

Econometrics for modern economic and financial data: high-dimensional inference, networks, structural change, causal dynamics, forecasting and machine-learning methods.

Portrait of Professor Weining Wang
Current role
Professor of Economics
Institution
School of Economics, University of Bristol
Based in
Bristol, United Kingdom
01

About

Current position
Professor of Economics, University of Bristol
Research interests
Econometrics · Network Analysis · Machine Learning · Financial Econometrics · High-Dimensional Statistics · Time Series
Google-site pages

I am a Professor of Economics at the University of Bristol. My research develops econometric methods for complex, high-dimensional and dependent data, with applications to economic networks, financial risk, structural change and forecasting.

My current work connects modern econometrics with machine learning and AI-based time-series methods, including Transformer-based systemic-risk measurement, causal state-dependent local projections and robust or quasi-Bayesian GMM.

Before Bristol, I held professorial appointments at the University of Groningen and the University of York, following earlier positions at City, University of London and Humboldt University of Berlin.

02

Selected Publications

Recent journal articles and working papers. The complete list is linked below.

2026

Arellano-Bond LASSO Estimator for Dynamic Linear Panel Models

Victor Chernozhukov, Iván Fernández-Val, Chen Huang and Weining Wang

Conditionally accepted · Quantitative Economics

2026

Uniform Inference on High-Dimensional Spatial Panel Networks

Victor Chernozhukov, Chen Huang and Weining Wang

Journal of Business & Economic Statistics

2026

Causal State-Dependent Local Projections

Joel M. David, Raffaella Giacomini, Xiyu Jiao and Weining Wang

Working paper · Bristol Economics Discussion Paper

2026

Transformer-Based CoVaR: Systemic Risk in Textual Information

Junyu Chen, Tom Boot, Lingwei Kong and Weining Wang

Working paper · Revision requested, Journal of Financial Econometrics

2025

Nonlinearity in Dynamic Causal Effects: Making the Bad into the Good, and the Good into the Great?

Toru Kitagawa, Weining Wang and Mengshan Xu

Journal of Business & Economic Statistics · 43(4), 770–777

2025

Improved Estimation of Dynamic Models of Conditional Means and Variances

Weining Wang, Jeffrey M. Wooldridge and Mengshan Xu

Journal of Time Series Analysis · 46(3), 458–490

2025

Using Generalized Estimating Equations to Estimate Nonlinear Models with Spatial Data

Cuicui Lu, Weining Wang, Jeffrey M. Wooldridge, Mengshan Xu and Chaowen Zheng

Econometric Reviews · 44(2), 214–242

2024

ℓ² Inference for Change Points in High-Dimensional Time Series via a Two-Way MOSUM

Jiaqi Li, Likai Chen, Weining Wang and Wei Biao Wu

The Annals of Statistics · 52(2), 602–627

View the full publication list ↗
03

Timeline

Academic appointments and education.

2025Jan — Current
Role

Professor of Economics

School of Economics, University of Bristol

Bristol, United Kingdom

2023Sep — Dec 2024
Role

Chair Professor in Econometrics

University of Groningen

Groningen, Netherlands

2019Sep — Aug 2023
Role

Chair Professor in Financial Econometrics

University of York

York, United Kingdom

2016Aug — Aug 2019
Role

Reader

City, University of London

London, United Kingdom

2013Oct — Jul 2016
Role

Junior Professor

Humboldt University of Berlin

Berlin, Germany

2012Doctorate
Degree

Dr. rer. pol. in Economics

Humboldt University of Berlin

Berlin, Germany

2009Master's
Degree

MSc in Statistics

Humboldt University of Berlin

Berlin, Germany

2008Bachelor's
Degree

BSc in Mathematics

Hong Kong Baptist University

Hong Kong

04

Current Research

Selected ongoing projects from the Google academic website.

Ongoing

Estimating Spillover Effects under Dense Measurement Error

Joint work with Aureo de Paula and Yingxing Li on spillover estimation when network measurements are dense and noisy.

2026

Causal State-Dependent Local Projections

A causal and nonparametric framework for state-dependent responses to aggregate shocks.

Ongoing

From VARs to AI-Based Time-Series Forecasting

A review of the shift from classical multivariate forecasting toward modern machine-learning and AI-based methods.

2026

Transformer-Based CoVaR

Integrates financial text and market data to estimate systemic risk and improve CoVaR forecasts.

2025–2026

Plausible GMM: A Quasi-Bayesian Approach

Models uncertainty about moment misspecification and develops robust quasi-Bayesian inference.

Ongoing

Beta-Sorted Portfolios

Econometric foundations and uniform inference for beta-sorted portfolio methods in empirical asset pricing.

05

Academic Links

Research Indexes

Citations
Researcher ID
Economics bibliography

Website Sections

Projects
Outputs
Courses
Professional network
06

Research Fields

Econometrics High-Dimensional Statistics Time-Series Econometrics Financial Econometrics Network Analysis Machine Learning Structural Change Causal Inference Panel Data Systemic Risk Forecasting Quantile Methods