Stephen Y CHIU
Dr. Stephen Y CHIU
Economics
Honorary Associate Professor

3917 1026

KK 306

Publications
Trump’s High Tariffs Backfire on the North American Automotive Industry

U.S. President Donald Trump recently announced a significant increase in tariffs on imports from Canada and Mexico, with tariffs on automobiles and auto parts reaching as high as 25%. This move is said to be aimed at promoting the return of manufacturing to the U.S. while reducing the trade deficit. However, in reality, it may trigger a series of profound negative consequences.

CPI or EPI, or Both?

Household spending is a key factor in personal and family financial planning, as well as policymaking to improve people's livelihoods. While the government's Consumer Price Index (CPI) is a mainstream indicator, it often fails to accurately reflect the daily living costs of the public. CPI has limitations, such as over-emphasising non-essential goods and services (e.g. Rental expenses and furniture), and people's subjective inflation perceptions tend to be higher than the actual data.

CPI or EPI, or Both?

Household spending is a key factor in personal and family financial planning, as well as policymaking to improve people's livelihoods. While the government's Consumer Price Index (CPI) is a mainstream indicator, it often fails to accurately reflect the daily living costs of the public. CPI has limitations, such as over-emphasising non-essential goods and services (e.g. Rental expenses and furniture), and people's subjective inflation perceptions tend to be higher than the actual data.

Behavioural Economics on Risk Aversion and Gambling

Can money make the world go around? Do economic gains always drive people to make rational decisions? We have too little time for too much information and people usually rely on their intuition to make choices.

Behavioural Economics on Risk Aversion and Gambling

Can money make the world go around? Do economic gains always drive people to make rational decisions? We have too little time for too much information and people usually rely on their intuition to make choices.

Insights from Studies on Italian Opera, Policing, and the Slave Trade

When economists conduct research on certain topics, they often face challenges in collecting data from real-life situations, that meet the ideal conditions of a randomised controlled experiment. However, if randomised controlled groups exist in real-world scenarios, they would present valuable opportunities for study. Many hypotheses, such as the idea that intellectual property laws boost the opera industry can be proved in such analysis.

Insights from Studies on Italian Opera, Policing, and the Slave Trade

When economists conduct research on certain topics, they often face challenges in collecting data from real-life situations, that meet the ideal conditions of a randomised controlled experiment. However, if randomised controlled groups exist in real-world scenarios, they would present valuable opportunities for study. Many hypotheses, such as the idea that intellectual property laws boost the opera industry can be proved in such analysis.

Know Thyself!

我們習慣認為自己的行為是理性、合乎邏輯,而且是經深思熟慮的,但現實上,我們的行為往往是「不經大腦」的,有許多盲點,甚至受到誤導和操縱而不自知。

Know Thyself!

我們習慣認為自己的行為是理性、合乎邏輯,而且是經深思熟慮的,但現實上,我們的行為往往是「不經大腦」的,有許多盲點,甚至受到誤導和操縱而不自知。