General Research Fund and Early Career Scheme

Congratulations to the faculty members receiving the General Research Fund and the Early Career Scheme grants from the Hong Kong Research Grants Council.

Visit the official page for information on: General Research Fund | Early Career Scheme

2026/27

General Research Fund

Principal Investigator	Project Title
Prof Rao, Deyu	Climate’s New Toll: The Economic Costs of Extreme Weather on Transportation Systems
Prof Tang, Rui	A Framework for Subjective Non-Bayesian Updating
Prof Gong, Kaiji	Female Entrepreneurship under the Global Economy: Evidence from Vietnam
Prof Zhu, Tao	Symmetrically Endogenizing Firm and Worker Heterogeneity via Wealth in a Labor Search Framework with Household-Owned Firms and Nash Bargaining
Prof Feng, Junlong	Difference-in-Differences, Event Study and Approximate Residual Balancing
Prof Li, Yao Amber	Coupling Products and Markets in Global Sourcing and Supply Chain Restructuring
Prof Fong, Yuk Fai	Multi-attribute Product Line Design and Second-degree Price Discrimination

Early Career Scheme

Principal Investigator	Project Title
Prof Huang, Jiaming	Heterogeneous Monetary Policy Shocks: Evidence From Data Revision

2025/26

General Research Fund

Principal Investigator	Project Title
Prof Tang, Rui	Revealed Convex Preference
Prof Hua, Xinyu	AI Safety, Liability, and Regulation
Prof Kawaguchi, Kohei	Too Much Unsold Stock?: Environmental Consequences of Price Commitment
Prof Xu, Juanyi	Monetary Policy in an Open Economy with Global Currency Pricing
Prof Lim, Wooyoung	(Un-)Informed Communication Design
Prof Rao, Deyu	Bridging Divides: The Influence of Urban Transportation on Economic Equity

2024/25

General Research Fund

Principal Investigator	Project Title
Prof AU, Pak Hung	Market Segmentation under Adverse Selection
Prof GONG, Kaiji	Equity Financing and Firm Exports: Evidence from IPO Approvals in China
Prof LU, Yang	The Effects of Foreign Exchange Intervention on Market Expectations: a case of China's RMB Exchange Rate Policy
Prof WANG, Peng	Causal Inference Using Factor Models

2023/24

General Research Fund

Principal Investigator	Project Title
Prof QIU, Zhesheng	Fighting the Inflation Caused by Foreign Price Shocks
Prof LEE, Byoungchan	Inequality and redistribution under diagnostic expectations
Prof WU, Qinggong	User-friendly Auction Design with Interdependent Values
Prof LIM, Wooyoung	Laboratory Policy Experiments on College Hierarchy
Prof. LI, Yao Amber	The Connection between Import and Export Markets: A Quantitative Analysis of Trade Relationships of Chinese Firms
Prof. LIN, Yatang	The Economic Impacts of Belt and Road Transportation Infrastructure in Africa

Early Career Scheme

Principal Investigator	Project Title
Prof RAO, Deyu	Local Governance and Environmental Regulation: Evidence from China's Urbanization
Prof TANG, Rui	Dynamic Questionnaire

2022/23

General Research Fund

Principal Investigator	Project Title
Prof HUA, Xinyu	Platform Liability
Prof KAWAGUCHI, Kohei	Estimating Collusive Equilibrium: A First-Order Approach
Prof LU, Yang	The Informative Role of Sovereign Debt
Prof KIM, Hyuncheol Bryant	Effects of Firm Relocations on Family and Health Outcomes
Prof LIM, Wooyoung	Examination of Optimal Punishment Paths in the Laboratory Infinitely-repeated Cournot Duopoly
Prof XU, Juanyi	Household Heterogeneity in Asset Liquidity and Monetary Policy

Early Career Scheme

Principal Investigator	Project Title
Prof DORDAL CARREARS, Marc	Fed "Influencers": How individual characteristics and charisma affect FOMC policy decisions

2021/22

General Research Fund

Principal Investigator	Project Title
Prof ZHU, Tao	Understanding Individualism and Collectivism: Theory, Application, and Empirics

Early Career Scheme

Principal Investigator	Project Title
Prof FENG, Junlong	A Simple Inferential Method Under Independence With an Application on Consumer Demand
Prof LEE, Byoungchan	An empirical investigation of redistribution effects of monetary policies
Prof LI, Xuan	What Jobs Persistently Hire Remote Workers after the COVID-19 Pandemic? Evidence from Chinese Online Job Vacancy Postings

2020/21

General Research Fund

Principal Investigator	Project Title
Prof AU, Pak Hung	Correlated Persuasion
Prof CHEN, Songnian	Semiparametric Estimation of the Accelerated Failure Time Models with Time-Varying Regressors
Prof LAI, Edwin Lun-Cheung	The determinants of inter-country RMB payments flows and the effects of the Belt and Road Initiative on RMB Internationalization
Prof LIN, Yatang	Sea Level Rise and Urban Development
Prof XU, Juanyi	Heterogenous Agent and International Distributional Effect of Shocks
Prof WANG, Peng	Robust test of asset pricing models with latent or spurious common factors