Profile

Before joining TSE, Prof. Yip was a Professor in the Department of Economics at the Chinese University of Hong Kong. He got his Ph.D. degree at the Pennsylvania State University in 1988. His research interests are Technology Assimilation and Growth, Factor Substitution, Balanced Budget Rules and Macroeconomic Stability, Rural-Urban Migration and Growth, Fertility and Unified Growth.

Research Interests

• Macroeconomic Theory
• Open Economy Macroeconomics
• Growth Theory
  
  

Awards and Honors

• President, Chinese Economic Association in North America (CEANA) (2013-15)
• Associate Editor, Journal of Macroeconomics
• Editorial Council, Review of International Economics
  
  

Selected Publication

• “Alternative Approaches to Money and Growth ,” (with Ping Wang), Journal of Money, Credit and Banking, November 1992, Volume 24, No. 4, pp. 553-62.
• “Fertility Choice and Economic Growth: Theory and Evidence,” (with Ping Wang and Carol Scotese) Review of Economics and Statistics, May 1994, pp. 255-67.
• “A General Two Sector Model of Endogenous Growth with Human and Physical Capital: Balanced Growth and Transitional Dynamics,” (with Eric Bond and Ping Wang), Journal of Economic Theory 68, January 1996, pp. 149-173.
• “Indeterminacy and the Elasticity of Substitution in One-Sector Models,” (with Tsz-Nga Wong), Journal of Economic Dynamics and Control 34, 2010, pp.623-635.
• “Factor Substitution and Taxation in a Finance Constrained Economy,” (with Jianpo Xue), Journal of Mathematical Economics 55, 2014, pp. 101-112.

• “Educational Choice, Rural-urban Migration and Economic Development,” (with Pei-Ju Liao, Ping Wang, Yin-Chi Wang), Economic Theory 74, July 2022, pp. 1-67 (lead article).
  
  

Teaching

• Economic Growth and Structural Transformation

Semester: Fall 2024 | 11310TSE 603400 | 3 credits 
Module:  Foundational Course (PhD Level)
Abstract
The emphasis of this course is on the modern analysis of growth and development. Recent development on the theories of growth and structural transformation are studied. Our focus is to apply the theories to understand cross-country income differences in the world economy. The use of macroeconomic data is emphasized. 

• Advanced Microeconomic Analysis

Semester: Fall 2024 | 11310TSED 702100 | 3 credits 
Module:  Foundational Course (PhD Level)
Abstract
This course aims to offer you a robust foundation in the fundamentals of microeconomic theory at the MPhil and PhD levels, with a strong emphasis on proofs. The objective is to equip graduate students with the essential microeconomic knowledge required to tackle economic models of development and growth effectively.

• Seminar

Semester: Spring 2025 | 11320TSE 605400 | 1 credits 
Module: MED Specialization Core Course
Abstract
This one-credit seminar course comprises a series of lectures delivered by both the instructor and guest speakers. It is designed to expose students to the perspectives and insights of leading scholars in political economy as they analyze and interpret the shifting dynamics of the world at this critical juncture. The course aims to equip students with the methodologies and skills needed to develop their own research in the field of political economy.