Xian Fang Bak is an Economist working as a Quantitative Analytics Senior at Freddie Mac. She finished her PhD in Applied Economics in the ACE department of the University of Illinois at Urbana-Champaign (UIUC) in 2017. She was advised by Geoffery Hewings as a member of the Regional Economics Applications Laboratory (REAL). Her research interests lie in the fields of real estate, urban, regional and environmental economics. Her doctoral dissertation investigates the post-bubble impacts of foreclosures in both space and time. The research also evaluates the government's attempts to mitigate the negative effects of foreclosures.

Her resume is available here.

E-mail: {{makeEmail()}} illinois.edu



Conferences and Seminars

Xian was born in Guiyang, China. Guiyang is the capital of Guizhou provice, known for its spicy food and cool weather.

Xian received her Bachelor's degree in Management Science and Engineering in 2008 from Shandong University in Jinan, China, specializing in Logistics Management. She received the Excellent Student Scholarship in Shandong from 2005 to 2006, and the Donggandidai Scholarship from 2004 to 2005.

In 2009, she completed a Master's degree in Policy Economics from the University of Illinois at Urbana-Champaign (UIUC), taking supplemental graduate courses in Environment Economics and Advanced Natural Resources Economics.

After completing her Master's, she worked for a year at the John Deere Technology Innovation Center (JDTIC) under center director James Lenz, performing research on the economic viability of green product design.

In the summer of 2015, she performed an internship at Resources for the Future (RFF), a "nonprofit and nonpartisan organization that conducts independent research - rooted primarily in economics and other social sciences - on environmental, energy, natural resource and environmental health issues." Her research, under the direction of Karen Palmer and Margaret Walls, focused on energy efficiency in commercial buildings.

Xian Fang Bak is currently a member of the Regional Economics Applications Laboratory (REAL) at the University of Illinois at Urbana-Champaign (link). REAL's mission is to "provide timely, high quality analytical economic information for a variety of uses such as public policy decision making by public sector agencies and for strategic marketing in the private sector. REAL's capabilities revolve around comprehensive state and metropolitan models that integrate econometric and input-output analysis to provide for both impact and forecasting analyses."

At REAL, Xian is responsible for preparing monthly reports on the state of the housing market in the greater Chicago area, as well as the state of Illinois. The reports track sales of foreclosured properties after the housing collapse of 2007, and provide pricing forecasts for the targeted regions. They are publicly available on the website of the Illinois Association of Realtors.

Honors and Awards

Software Expertise