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Wishing you a prosperous Year of the Ox.

And the winner goes to...  

On school closures in Hong Kong over Covid-19  

Grand Finale will take place on February 6th, 2021  

Effective January 2021, Professor Tao Zhu becomes the new MSc (Econ) Academic Director. Graduating with a PhD in Economics from the Pennsylvania State University in 2002, Prof. Zhu joined Cornell University as an Assistant Professor of Economics in the same year. He then joined HKUST as an Associate Professor of Economics in 2009. Prof. Zhu’s research fields include Macroeconomics and Monetary Economics. Find out more about Prof. Zh

On September 23, 2020, Prof. Kohei Kawaguchi of the Department of Economics attended a morning conference call at the Cabinet Office of Japan to advise Mr. Yasutoshi Nishimura, Minister of State for Economic and Fiscal Policy, who is in charge of Japan's coronavirus response among other duties, on the business environment in light of the COVID-19 shocks in Japan. Prof. Kawaguchi conducted a series of surveys of small businesses in Japan about their response to the pandemic and, with his co-authors, wrote a paper titled "Small Business under the COVID-19 Crisis: Expected Short- and Medium-Run Effects of Anti-Contagion and Economic Policies". The talk presented estimates of the damage to small businesses of the emergency state declaration and the effectiveness of subsidies on firm survival. In the call, Kohei stressed the importance of real-time data analysis and urged the government to establish an organization that can systematically collect, monitor, and analyze data to support evidence-based policy making. You can read the paper here:  https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3634544 Photo by Thor Alvis on Unsplash Find out more about Prof. Kohei Kawaguchi

with Prof. Siu Fai Leung on the topic "Money is Evil".

Prof. Edwin Lai presented at the Fudan Financial Online Public Lecture.

The Dean's Faculty Service Award is established to recognize faculty of the Business School for their exemplary service contribution to the University, profession and community. The Award this year goes to Professor Siu Fai Leung.  Prof. Leung served as Head of the Department of Economics from 2014 to 2020, leading the Department with distinction and earning the respect and gratitude of his colleagues. As Head, he paid great attention to the Department’s undergraduate teaching, taking the time to interact regularly with students. Prof. Leung has provided an extraordinary amount of service to Hong Kong’s development by serving on 18 government committees. He was awarded a Medal of Honor by the Hong Kong Special Administrative Region in 2019 which cited his long service on Hong Kong’s Minimum Wage Commission. He currently serves on Hong Kong’s Commission on Poverty. In terms of academic service to the profession, Prof. Leung has served on the Business Studies Panel of the RGC and the Assessment Panel of the Public Policy Research Funding Scheme and Strategic Public Policy Research Funding Scheme. He also served as President of the Chinese Economic Association in North America (CEANA) for three years. The Dean's Faculty Service Award is given out on an annual basis, normally to one faculty member. A selection committee was formed to facilitate the selection process. Find out more about Prof. Siu Fai Leung