News
Prof. Davis Fong and Prof. Henry Lei analyze the role of external demand in driving Macao’s economic recovery in Macao Daily News
Prof. Davis Fong Prof. Henry Lei External Demand Drives Macao’s Recovery On August 5, 2025, Prof. Davis Fong, Director of Institute for the Study of Commercial Gaming (ISCG) and advisor to the Ma ...
Dr. Peter Korsbakke Christensen from Aarhus University, Denmark, visited the University of Macau and delivered a presentation
Dr. Peter Korsbakke Christensen visited UM and delivered a presentation Prof. Chen Zhang (left), Prof. Jun Yu (middle) and Dr. Peter Korsbakke Christensen (right) From July 27 to August 2, Dr. Pet ...
Event Recap | The First Asian Conference on Expectations in Macroeconomics
First Asian Conference on Expectations in Macroeconomics The “First Asian Conference on Expectations in Macroeconomics”, hosted by the Department of Economics of the Faculty of Social Sciences (FSS ...
Prof. Angus Chu published an article in the European Economics Review
Dynamic Effects of Labor Income Taxation in an Unequal Schumpeterian Economy By Angus C. CHU, Chih-Hsing LIAO, and Pietro PERETTO Published in European Economics Review Abstract: How does taxation af ...
Call for Papers | Economic Modelling
Call for Papers | Economic Modelling Special Issue: Economics and Finance of the Macao Economy Submission Deadline: 28 February 2026 The primary goal of this Special Issue is to stimulate original r ...
Selected Publications
1 | Bailey, W. B., Cao, X., Yang, Z., & Zhou, S. (2024). Who leads and who follows? The cross-border peer effect in investment by Chinese and US firms. Journal of International Economics, 147, 103875. |
2 | Chen, H., Fei, Y., & Yu, J. (2025). Multivariate Stochastic Volatility Models Based on Generalized Fisher Transformation. Journal of Econometrics, 251,106041. |
3 | Chen, M., Ren, J., & Zhao, J. (2024). The impact of corporate culture on stock price crash risk: a firm-level analysis. International Journal of Accounting & Information Management, 32(1), 1-18. |
4 | Chu, A. C., Liao, C. H., & Peretto, P. F. (2025). Dynamic effects of labor income taxation in an unequal Schumpeterian economy. European Economic Review, 178, 105071. |
5 | Ding, Y., Engle, R., Li, Y., & Zheng, X. (2025). Multiplicative factor model for volatility. Journal of Econometrics, 249, 105959. |
6 | Wang, Y., Guo, R., Song, M., & Law, R. (2025). Digital resurrection technology in destination promotion. Annals of Tourism Research, 110, 103888. |
7 | Wang, Z., & Du, L. (2025). Cross-Border Health Data Transfer for Scientific Research Purposes in China: Legislation, Practice, and Challenges. In International Transfers of Health Data: A Global Perspective Singapore: Springer Nature Singapore, 159-179 |
8 | Zhang, X., Zhang, X., Liang, S., Yang, Y., & Law, R. (2025). Why restaurants survive? A perspective of word-of-mouth dispersion. Tourism Management, 109, 105132. |