Su, Yang(蘇陽)
BS, MS (School of Economics and Management, Tsinghua University); PhD (Booth School of Business, University of Chicago)

Assistant Professor
Contact Room 1215, 12/FCheng Yu Tung Building
12 Chak Cheung Street
Shatin, N.T., Hong Kong
+852 3943 7638
yangsu@cuhk.edu.hk
Biography
Prof. Su is an Assistant Professor of Finance at the Chinese University of Hong Kong Business School.
His main research interests include public finance, real estate, banking and Chinese financial markets. In his current research agenda, he focuses on municipal finance and the interactions between government financing behaviors, real estate market and the real economy. Prof. Su is also interested in the information and moral hazard issues in the banking industry.
Teaching Areas
Derivatives
Research Interests
Municipal Finance
Real Estate
Banking
Chinese Financial Markets
- Publications & Working Papers
- He, Zijian and Su, Yang (2023), “Measuring Welfare Gains from Online Stores: Theory and Evidence from the Supreme Court’s Wayfair Decision“.
- Su, Yang (2023), “Local Government Financial Constraint and Spending Multiplier in China“.
- He, Zhiguo and Nelson, Scott and Su, Yang and Zhang, Anthony Lee and Zhang, Fudong (2022), “Zoning for Profits: How Public Finance Shapes Land Supply in China,” University of Chicago, Becker Friedman Institute for Economics Working Paper, No. 2022-24.
- Acharya, Viral V. and Acharya, Viral V. and Qian, Jun and Su, Yang and Yang, Zhishu (2021), “Fiscal Stimulus, Deposit Competition, and the Rise of Shadow Banking: Evidence from China,” NYU Stern School of Business.
- Awards & Honours
- Bradley Fellowship, University of Chicago, 2023
- Liew Fama-Miller Fellowship, University of Chicago, 2020&2019
- Gold Medal in the 51 China Mathematics Olympics, China, 2010