Donghai Zhang

Donghai Zhang is an Assistant Professor at the National University of Singapore, affiliated with the School of Economics. He previously held an Assistant Professor position at the University of Bonn (2018-2023). He earned a Ph.D. in Economics from Pompeu Fabra University in 2018.

Research Interests

• Macroeconomics
• Monetary Economics
• Applied Macroeconomics
• Financial Economics

His work focuses on monetary policy transmission mechanisms, information frictions, business cycles, and credit dynamics. Recent publications analyze topics such as central bank communication, credit bubbles, and heterogeneous firm responses to policy shocks.

Scientific Awards & Grants

• AcRF Tier 2 Grant (PI, S$463,723): 'Macroeconomy Without FIRE: Full Information Rational Expectation' (2025-2028)
• SSRTG Grant (PI, S$588,751): 'Medium-term Business Cycles, Green Innovations, and Sustainable Growth' (2024-2027)