Ronald Hung, a PhD student from the Department of Economics, has received the 2020-21 Sir Edward Youde Memorial Fellowship for postgraduate research students, making him one of the three awardees from the eight UGC-funded universities. Ronald will receive a grant of HK$50,000 to support his academic research.

Ronald’s research interest lies in macroeconomics, and inflation expectation formation in particular. He plans to investigate how the market forms inflation expectations with the aid of New Keynesian Economics and machine learning methodologies. The results of his research will help with the development of an alternative monetary policy.