• Teaching & Learning

    • Dr Joe Ng （吳祖堯博士）
    PhD (CityU)
    Master (HKU)

    Assistant Professor
    Department of Economics and Finance
    Office: D504B(2)

    Tel : 3963 5154
    Email :
    joeng@hsu.edu.hk


    Dr. Ng is currently serving as an Assistant Professor at The Heng Seng University of Hong Kong. He has earned recognition for his academic achievements, having been honored with the RGC-Fulbright Hong Kong Research Scholar Award, which is jointly granted by the Research Grants Council and the Consulate General of the United States in Hong Kong and Macau. As a Fulbright Scholar, Dr. Ng carried out extensive research at Virginia Tech, further enhancing his expertise in the field.

    Dr. Ng's research focuses primarily on two areas: international capital flows and real estate economics. His profound interest in these subjects has propelled him to delve deeper into understanding their intricate dynamics. Additionally, he has demonstrated a keen curiosity in exploring credit ratings, recognizing the vital role they play in financial markets.

    Research and Teaching InterestsIntellectual Contributions (Publications, Conferences, Books, Book Chapters, etc.)
    TopResearch and Teaching Interests
    International capital flows, real estate economics, credit ratings
    TopIntellectual Contributions (Publications, Conferences, Books, Book Chapters, etc.)
    Book Chapter
    • Ng, J. C. Y. (2022). International macroeconomic aspects of housing. In C. K. Y. Leung (Ed.), Handbook of real estate and macroeconomics (pp. 284–311). Edward Elgar Publishing.
    • Leung, C. K. Y., & Ng, J. C. Y. (2019). Macroeconomic aspects of housing. In Oxford research encyclopedia of economics and finance. Oxford University Press. https://doi.org/10.1093/acrefore/9780190625979.013.294
    • Li, R. Y. M., Ng, J. C. Y., Chau, K. W., & Leung, T. H. (2016). Housing prices and external shocks’ impact on South Africa and Czech Republic’s housing prices: A vector error correction model and impulse response functions approach. In R. Y. M. Li & K. W. Chau (Eds.), Applied econometric models in international housing markets: Theories and applications. Routledge.
    Journal Publications
    • Ng, J. C. Y., Chan, T. C. H., Tsang, K. P., & Leung, C. K. Y. (2022). Greenfield foreign direct investment: Social learning drives persistence. Journal of International Money and Finance, 126, 102641. https://doi.org/10.1016/j.jimonfin.2022.102641
    • Ng, J. C. Y., Leung, C. K. Y., & Chen, S. (2022). Corporate real estate holding and stock returns: Testing alternative theories with international listed firms. Journal of Real Estate Finance and Economics, 68(1), 74–102. https://doi.org/10.1007/s11146-022-09931-y
    • Leung, C. K. Y., Ng, J. C. Y., & Tang, E. C. H. (2019). What do we know about housing supply? The case of Hong Kong SAR. Economic and Political Studies, 8(1), 6–20. https://doi.org/10.1080/20954816.2019.1691705
    • Woo, K., Lee, S., & Ng, C. J. (2018). An investigation into the dynamic relationship between CPI and PPI: Evidence from the UK, France, and Germany. Singapore Economic Review, 64(5), 1081–1100. https://doi.org/10.1142/s0217590818500261
    Conference papers
    • Yu, J., Cheong, T. S., Ng, C. Y., & Zhao, G. (2023). Examining the validity of the environmental Kuznets curve hypothesis: New evidence from global data with a machine learning approach. In Inaugural ISETS International Conference. Thailand.
    • Ng, J. C. Y., Cheong, T. S., Shi, X., & Ma, N. (2023). The impacts of digital financial inclusion on carbon emissions in China: A neural networks approach. In Inaugural ISETS International Conference. Thailand.