MORE ABOUT HKUST

Center for Macro-Finance

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Brief Introduction

Based in Hong Kong, the Center aims to serve as a bridge between the world’s leading macro-finance researchers and the rapidly evolving financial markets and economies of China and Asia.

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Our Mission

Our mission is to advance rigorous and relevant research on the interaction between the macroeconomy and financial markets. The Center connects academic research with market practice and policy dialogue, generating insights into asset pricing, corporate decisions, capital allocation, and broader macro-financial developments.

Work Focus

01

Macro-Finance & Asset Prices:

Risk, expected returns, business cycles, financial markets

02

Financial Intermediation & Monetary Policy:

Banks, credit, liquidity, monetary transmission

03

Firms, Investment & Innovation:

Investment, technology, labor markets, firm dynamics

04

Global Finance & China:

Capital flows, currencies, global financial system, China and Asia