Prof. Siu Fai LEUNG
Professor sfleung@ust.hk

CV


Academic qualification
Ph.D. 1987 University of Chicago, Economics
M.A. 1985 University of Chicago, Economics
B.Soc.Sc. 1982 University of Hong Kong, Economics

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ACADEMIC AND PROFESSIONAL EXPERIENCEProfessor of Economics, Hong Kong University of Science and Technology (HKUST), July, 2007-
Acting Department Head, July-Dec, 2001
Associate Professor of Economics, Hong Kong University of Science and Technology (HKUST), 1995 to June 2007
Research Associate, Rochester Center for Economic Research, 1988-present
Associate Professor, University of Rochester, 1994-1998
Assistant Professor, University of Rochester, 1988-1994
Post-Doctoral Fellow, University of Chicago, 1987-1988
Instructor, University of Chicago, 1987
Demonstrator/Research Officer, University of Hong Kong, 1982-1983

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PUBLICATIONS Books & MonographsCheng Leonard K. and Leung Siu Fai. Aspects of Market Integration in APEC: Trade, Foreign Direct Investment and Labor Migration. Singapore: APEC Secretariat, February 1999
ArticlesLeung, Siu Fai. "An Economic Application of the Dubovitskii-Milyutin Version of the Maximum Principle."Optimal Control, Application and Methods" (forthcoming)
Leung, Siu Fai. "The Existence, Uniqueness, and Optimality of the Terminal Wealth Depletion Time in Life-cycle Models of Saving under Uncertain Lifetime and Borrowing Constraint,"Journal of Economic Theory134 (2007): 470-493
Cheng, Leoanrd K.: Leung, Siu Fai: and Ma, Zihua. "Revealed Comparative Advantages and Intra-regional Trade of the World's Three Major Regions" 1980-1995." InCritical Issues in China's Growth and Development.edited by Yum K. Kwan and Eden S/H. Yu. Hampshire, England: Ashgate Publishing, 2004, pp. 108-130
Chen, Kong-Pin: Leung, Siu Fai: and Chiang, Shin-Hwan. "Migration, Family, and Risk Diversification."Journal of Labor Economics21 (2003): 353-380
Leung, Siu Fai. "The Dynamic Effects of Social Security on Individual Consumption. Wealth, and Welfare,."Journal of Public Economic Theory4 (2002): 581-612
Leung, Siu Fai. "The Life Cycle Model of Saving with Uncertain Lifetime an Borrowing Constraint: Characterization and Sensitivity Analysis."Mathematical Social Science42 (2001): 179-201
Leung, Siu Fai. "Why Do Some Households Save So Little? A Rational Explanation."Review of Economic Dynamics3 (2000): 771-800
Leung, Siu Fai, and Yu, Shihti. "Collinearity and Two-step Estimation of Sample Selection Models: Problems, Origins and Remedies." Computational Economics 15 (2000):173-199
Leung, Siu Fai, and Yu, Shihti. " How Effective are the RESET Tests for Omitted Variables?"Communication in Statistics -Theory and Methods29 (2000): 879-02
Leung, Siu Fai, and Yu, Shihti "On the Choice Between Sample Selection and Two-Part Models
A Distinction between Continuous-time and Discrete-time Models of Uncertain Lifetime
Dynamic Deterrence Theory
Will Sex Selection Reduce Fertility?"Journal of Population Economics, 7, 1994, 379-392
Leung, Siu Fai. "Uncertain Lifetime, the Theory of the Consumer, and the Life Cycle Hypothesis
An Economic Analysis of the Age-Crime Profile
My Kingdom for a Drink...? A Review of Estimates of the Price Sensitivity of Demand for Alcoholic Beverages.
Optimality for Controlled Jump Processes: A Simple Approach
A Stochastic Dynamic Analysis of Parental Sex Preferences and Fertility."Quarterly Journal of Economics106 (1991):1063-1088
Leung, Siu Fai. "Transversality Condition and Optimal in a Class of Infinite Horizon Continuous Time Economics Models."Journal of Economic Theory54 (1991):224-233
Leung, Siu Fai. "How to Make the Fine Fit the Corporate Crime: An Analysis of Static and Dynamic Optimal Punishment Theories."Journal of Public Economics45 (1991) 243-256
Leung, Siu Fai, and Wong, Wing Hung. "Nonparametric hazard Estimation with Time-Varying Discrete Covariates."Journal of Econometrics45 (1990):309-930
Leung, Siu Fai. "On Tests for Sex Preference."Journal of Population Economics1 (1988):95-114
Working PapersLeung, Siu Fai and Yu, Shihti. "Survey Responses Bias and the Determinants of substance Use." July 2006
Leung, Siu Fai; Michael C. M.; and Yeung, Raymond Y, T. "Can Medical Savings Accounts improve Welfare?"" November 2006
Leung, Siu Fai and Yu, Shihti. "The Consumption of Legal and Illegal Substances: Onset, Initiation and Timing, and Interdependence." April, 2007
Leung, Siu Fai, " Cake Eating and Life Cycle Saving: Existence Theorems for a Class of Optimal Allocation Models." March 2007

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SERVICE ACTIVITIES WITHIN COLLEGE AND PROFESSIONMember, Hong Kong Committee for Pacific Cooperation, 2004-2006, 2006-2008
Member, Technical Working group on Impact Analysis of Fees and Charges Revision, Health and Food Bureau of the HKSAR Government, 2005
Member, health Care Financing Study Group, health, Welfare and Food Bureau of the HKSAR Government, 2002-2004
Consultant to ERM Hong Kong Limited on "Regulatory Impact Assessment on Labeling Scheme on Nutrition Information." 2004-2005
Consultant to the Government of the Hong Kong Hospital Authority on "The review of Hospital Authority Fees and Charges Restructuring." 2000-2002
Consultant to the Government of the HKSAR on "Aspects o Market integration in APEC: Trade, Foreign Direct Investment and Labor Migration." 1997-1999
Consultant to the Government of the HKSAR on "Trade Unions and Collective Bargaining." 1997
Vice-President, Chinese Economic Association in North America (CEANA), 1997-1998
Program Chair, CEANA/ASSA Meetings, Chicago, January 3-5, 1997
Referee for
American Economic Review; Demography, Econometrica; Econometric Journal, Econometric Review, International Economic Review, Journal of Applied Econometrics, Journal of Development economics, Journal of Econometrics, Journal of Economic Dynamic and Control, Journal of Economic Theory, Journal of Law, Economics, and Organization, Journal of Environmental Economics and Management, Journal of Human Resources, Journal of Political Economy, Journal of Population Economics, Journal of Risk and Insurance, Quarterly Journal of Economics, Pacific Economic Review, Review of Economics and Statistics, Southern Economic Journal,Blackwell Publishing, Dryden Press, McGraw Hill,Research Grants Council, University Grants Committee o the HKSAR
Professional Association membershipsAmerican Economic Association
Chinese Economic Association in North America (CEANA)

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RESEARCH INTERESTS Applied Microeconomics
Health Economics, Household Behavior and Family Economics, Labor and Demographic Economics, Law and Economics

Applied Econometrics
Cross Sectional Data

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HonorsPost-Doctoral Fellowship, University of Chicago, 1987-1988
Pew Teaching Fellow, University of Chicago, 1986-1988
Bradley Foundation Fellowship, 1986-1987
University of Chicago Fellowship, 1984-1988