Project Leader
Prof. Angus C. CHU
Distinguished Professor, Faculty of Social Sciences
Angus C. Chu was born in Hong Kong and studied at Simon Fraser University and the University of British Columbia. He obtained his PhD in Economics from the University of Michigan. He is currently Distinguished Professor and Head of Department of Economics at the University of Macau. He was previously Chair in Macroeconomics at the University of Liverpool and Professor of Economics at Fudan University. Angus’s research focuses on macroeconomic theory, economic growth, innovation, intellectual property rights, and monetary economics. He is especially interested in economic growth in China. His research appears in journals, such as the European Economic Review, International Economic Review, Journal of Development Economics, Journal of Economic Growth, Journal of International Economics, Journal of Money Credit and Banking, and the Review of Economic Dynamics. His first textbook Intermediate Macroeconomics with Robert J. Barro and Guido Cozzi was published by Cengage Learning in 2017. His second textbook Advanced Macroeconomics: An Introduction for Undergraduates was published by World Scientific Publishing in 2020. According to IDEAS/RePEc Rankings, he is among the top 10% economists in the world. He also serves as a Co-Editor-in-Chief for Economic Modelling and an Associate Editor for the International Journal of Economic Theory and the Journal of Asian Economics.
Research Team
Prof. Inácio BÓ
Associate Professor
Faculty of Social Sciences
Inácio Bó is an Associate Professor of Economics in Social Sciences at the University of Macau. He received his PhD in economics from Boston College. He obtained his master degrees in economics and electric engineering at the Boston College and University of São Paulo, respectively. Inácio Bó’s research interests include Market Design, Matching Theory, and Experimental Economics. His publications have appeared in leading international journals such as the American Economic Journal: Microeconomics, The Economic Journal, Management Science, Games and Economic Behavior, Social Choice and Welfare, Journal of Economic Behavior and Organization and so on.
Prof. Priscilla Pui Sun TAM
Associate Professor
Faculty of Business Administration
Pui Sun Tam is an Associate Professor in Business Economics at the University of Macau. She holds a PhD in Economics from the Chinese University of Hong Kong, as well as a Master of Economics and a Bachelor of Social Sciences from the University of Hong Kong. She has research interest in applied econometrics, development economics, financial economics, and tourism economics. Her research output has been published in journals such as the Journal of Comparative Economics, Journal of International Money and Finance, and China Economic Review. She serves on the editorial board of Asia and the Global Economy, and is also the guest editor of a special issue of Journal of Asian Economics.
Prof. Yibai YANG
Associate Professor
Faculty of Social Sciences
My research focuses on macroeconomic theory, with specializations in economic growth, innovation, and intellectual property rights. My research attempts to incorporate various policy instruments, such as patent instruments, fiscal instruments, and monetary instruments, in models of endogenous growth to explore their effects on important macroeconomic variables, including economic growth, social welfare, income inequality, and technology transfer. In particular, many Asian economies are emerging economies that face challenges in long-run growth, middle-income trap, industrial transformation, and international competition . This research topic provides useful information to policymakers’ optimal design for policy tools and welfare evaluations for policy implementation during economic transition to the industrialized stage and interaction with the global economy.
Prof. Jia YUAN
Associate Professor
Faculty of Business Administration
YUAN Jia is an Associate Professor of Business Economics at the University of Macau. He holds a PhD in Economics from the University of Minnesota and a Bachelor Degree in Physics from the Peking University. His main research interests are Applied Economics, Behavioral Economics, and Environmental Economics. His research has been published in the Journal of Comparative Economics, Journal of Economic Behavior & Organization, Economic Inquiry, Ecological Economics, Review of Industrial Economics, China Economics Review, etc.
Prof. Yang ZHANG
Associate Professor
Faculty of Business Administration
Brenda Yang ZHANG is an Associate Professor of business economics at Faculty of Business Administration, University of Macau. She obtained her Ph.D. in economics from Nanyang Technological University, Singapore. Her research interests include economic dynamics, energy economics, innovation and corporate finance. Her publications have appeared in leading international journals such as the Journal of Corporate Finance, Journal of Economic Dynamics and Control, Journal of Economic Behavior and Organization and Energy Economics among others. Dr Zhang was visiting scholar to University of Cambridge in 2013 and currently serves as Assistant Editor of Singapore Economic Review.
Prof. Alex Sili ZHOU
Associate Professor
Faculty of Business Administration
Prof. Alex Sili Zhou possesses a PhD degree in Finance from Singapore Management University and Master degree in Economics from Shanghai University of Finance and Economics. Prior joining the University of Macau, he was an Assistant Professor from the Fanhai International School of Finance and School of Economics of Fudan University. His research interests lie in corporate finance, international finance, innovation, and Chinese financial markets.
Prof. Shanglyu DENG
Assistant Professor
Faculty of Social Sciences
Shanglyu Deng is an Assistant Professor of Economics in the Faculty of Social Sciences at the University of Macau. He earned his Ph.D. in economics from the University of Maryland and obtained his master’s and bachelor’s degrees from Peking University. His research interests include Applied Microeconomic Theory and Industrial Organization. Currently, his research focuses on auction theory, market design, contest theory, and dynamic competition. His papers have been published in the Journal of Economic Theory, Theoretical Economics, the Journal of Mathematical Economics, and Economics Letters.
Prof. Yi DING
Assistant Professor
Faculty of Business Administration
Prof. Yi Ding is Assistant Professor of Business Intelligence and Analytics at Faculty of Business Administration, University of Macau. Her expertise lies in the field of financial technology, specifically high-frequency financial big data, and statistical machine learning. Her other research interests include financial econometrics and high-dimensional statistics. Dr. Ding has published papers in the Journal of Econometrics and Journal of the American Statistical Association.
Prof. Fung KWAN
Assistant Professor
Faculty of Social Sciences
Fung Kwan’s research centers on the labour market, agriculture, productivity & efficiency, and growth. He was a visiting fellow at Clare Hall, Cambridge UK and Brandeis University US. He is an advisor of the Economic Development Committee of the Macao SAR Government. His current research projects on Macao include the ongoing “A Macroeconometric Model for Macao”, presenting annual economic forecasts of the local economy; the “Greater Bay of Guangdong, Hong Kong and Macao – Economic Diversification, Progress, and Convergence”, offering an index to measure the economic progress of GBA; and the 《針對低薪行業進行有關薪酬階梯連鎖反應的研究》, a local government commissioned consultancy project on the linkage effect of wage ladders in the low-pay industries. On China, he is working on land and migration decision, efficiency of hog production, and China’s growth decomposition. Selected publications include “Surplus Agricultural Labour and Its Implications to China’s Lewis Turning Point” China Economic Review 48:244-257, and “Labour Reallocation, Productivity Growth and Dualism in China” International Review of Economics and Finance 57: 198-210. Fung’s research covers various economic issues of the mainland China, the Greater Bay Area, and Macao, the most dynamic regions in Asia in the 21st century.
Prof. Leona Shao-Zhi LI
Assistant Professor
Faculty of Business Administration
Leona Shao-Zhi LI is an Assistant Professor in Business Economics at Faculty of Business Administration, University of Macau. She obtained her degrees from Peking University (B.A.), Columbia University (M.A.), and The Chinese University of Hong Kong (Ph.D.). Her research interests include economic development, international trade, and the economics of entrepreneurship. Her papers have appeared in refereed economics journals such as the Journal of Development Economics and Journal of Business Venturing.
Prof. Yubo TAO
Assistant Professor
Faculty of Social Sciences
Prof. Tao received his PhD in economics from Singapore Management University. He obtained his Master degree in finance at Renmin University of China and Bachelor degrees in economics and in management at the Southwestern University of Finance and Economics. Prof. Tao’s research interests lie in econometrics and empirical asset pricing.
Prof. Hoipan Wong
Assistant Professor
Faculty of Social Sciences
Prof. Hoipan Wong possesses a PhD degree in Economics from Washington University in St. Louis and Master degree in Economics from New York University. Prior joining the University of Macau, he was an Assistant Professor from School of Finance of Nankai University. His research interests lie in Wealth Inequality, Growth and Development, and Financial Economics.
Dr. Allen VONG
UM Macao Fellow
Faculty of Social Sciences
Allen Vong is UM Macao Fellow in Social Sciences at the University of Macau. He received his PhD in economics from Yale University. He obtained his undergraduate degrees in economics and in mathematics at the University of Melbourne. Allen’s research is concerned with game theory and information economics, with a focus on the design of policies and institutions that channel people’s selfish incentives into socially desirable outcomes. Applications of his research address a variety of economic settings, including the local economy of Macau. Allen is also a member of the Asia-Pacific working group of the Mechanism Design for Social Good Initiative that examines economic policies to improve societal welfare.