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 Honours

• 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 2023 | 11210TSE 503400 | 2 credits 
Module: MED Specialization Core Course
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.