Assistant Professor
Department of Economics and Finance
College of Business
City University of Hong Kong

Office:  +852 3442 7949
Fax :     +852 3442 0284
yuzheng [at] um [dot] cityu [dot] edu [dot] hk

Curriculum Vitae   [PDF]

Research and Teaching Areas: Macro, Labor and Development


Published or Accepted Papers:

The Role of Education Signaling in Explaining the Growth of College Wage Premium [PDF] at Macroeconomic Dynamics

Working Papers under Revise-and-Resubmit:

Using Subjective Expectations Data to Allow for Unobserved Heterogeneity in Hotz-Miller Estimation Strategies (with Juan Pantano)  [PDF] at Quantitative Economics

Labor Share Decline and Intellectual Property Products Capital (with Dongya Koh and Raül Santaeulàlia-Llopis)   [PDF]   [Online Appendix] at Journal of Political Economy
            The longer version of the paper as appeared in the EUI Working Paper Series can be found [Here].
            Media Coverage: World Economic ForumWashington Center for Equitable Growth
            Non-Economics: Baker (2016) in Harvard Law Review Forum

The Price of Growth: Consumption Insurance in China 1989 - 2009 (with Raül Santaeulàlia-Llopis) [PDF]  [Online Appendix] at American Economic Journal: Macroeconomics

A Model of Tournament Incentives with Corruption (with Bin Wang)   [PDF] at Journal of Comparative Economics

The Economic Value of Breaking Bad Misbehavior, School and the Labor Market (with Nick Papageorge and Victor Ronda) [PDF]   [Online Appendix] at Journal of Political Economy
            Media Coverage: Marginal RevolutionBrookingsFrankfurter Allgemeiner Sonntagszeitung

Working Papers under Review:

Why is Food Consumption Inequality Underestimated? A Story of Vices and Children (with Raül Santaeulàlia-Llopis)  [PDF]  [Appendix]


Eating Up Productivity: Social Insurance Barriers to Structural Change (with Leandro M. De Magalhães, Dongya Koh and Raül Santaeulàlia-Llopis)

Constrained Efficient Entrepreneurship (with Lian Allub, Axelle Ferriere and Raül Santaeulàlia-Llopis)

Village Insurance in a Growing China (with Orazio Attanasio, Costas Meghir and Corina Mommaerts)