Faculty Profiles - ZHU Tao | The Hong Kong University of Science and Technology

Tao ZHU
朱濤

PhD in Economics
Pennsylvania State University, 2002

Associate Professor
Department of Economics

(852) 2358 7601
taozhu@ust.hk
Personal Web

Google Scholar

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ORCID

0000-0002-3269-2123

Scopus ID

7202748526

Research Interest Publications Projects Teaching Assignment Space used

Research Interest

Monetary economics
Macroeconomics
Money and banking

Publications

All Years 10 2025 0 2024 0 2023 0 2022 1 2021 0 2020 0 2019 9

2022 1

Heterogeneity, Decentralized Trade, and the Long-Run Real Effects of Inflation

Journal of Economic Theory, v. 201, April 2022, article number 105439
Jin, Gu; Zhu, Tao
Article

2019 1

Nonneutrality of Money in Dispersion: Hume Revisited

International Economic Review, v. 60, (3), August 2019, p. 1329-1353
Jin, Gu; Zhu, Tao
Article

2008 2

An Overlapping-generations Model with Search

Journal of Economic Theory, v. 142, 2008, p. 318-331
Zhu, Tao
Article

Equilibrium Concepts in the Large Household Model

Theoretical Economics, v. 3, 2008, p. 258-281
Zhu, Tao
Article

2007 2

Float on a Note

Journal of Monetary Economics, v. 54, 2007, MAR, p. 229-246
Zhu, Tao; Wallace, N.
Article

Pairwise Trade and Coexistence of Money and Higher-Return Assets

Journal of Economic Theory, v. 133, 2007, MAR, p. 524-535
Zhu, Tao; Wallace, N.
Article

2005 2

Existence of a Monetary Steady State in a Matching Model: Divisible Money

Journal of Economic Theory, v. 123, 2005, p. 130-160
Zhu, Tao
Article

Modeling Denomination Structures

Econometrica, v. 65, 2005, p. 949-960
Zhu, Tao; Lee, M.; Wallace, N.
Article

2004 1

A Commodity-Money Refinement in Matching Models

Journal of Economic Theory, v. 117, 2004, p. 246-258
Zhu, Tao; Wallace, N.
Article

2003 1

Existence of a Monetary Steady State in a Matching Model: Indivisible Money

Journal of Economic Theory, v. 112, 2003, p. 307-324
Zhu, Tao
Article

Article 1

Heterogeneity, Decentralized Trade, and the Long-Run Real Effects of Inflation

Journal of Economic Theory, v. 201, April 2022, article number 105439
Jin, Gu; Zhu, Tao

Article 1

Nonneutrality of Money in Dispersion: Hume Revisited

International Economic Review, v. 60, (3), August 2019, p. 1329-1353
Jin, Gu; Zhu, Tao

Article 2

An Overlapping-generations Model with Search

Journal of Economic Theory, v. 142, 2008, p. 318-331
Zhu, Tao

Equilibrium Concepts in the Large Household Model

Theoretical Economics, v. 3, 2008, p. 258-281
Zhu, Tao

Article 2

Float on a Note

Journal of Monetary Economics, v. 54, 2007, MAR, p. 229-246
Zhu, Tao; Wallace, N.

Pairwise Trade and Coexistence of Money and Higher-Return Assets

Journal of Economic Theory, v. 133, 2007, MAR, p. 524-535
Zhu, Tao; Wallace, N.

Article 2

Existence of a Monetary Steady State in a Matching Model: Divisible Money

Journal of Economic Theory, v. 123, 2005, p. 130-160
Zhu, Tao

Modeling Denomination Structures

Econometrica, v. 65, 2005, p. 949-960
Zhu, Tao; Lee, M.; Wallace, N.

Article 1

A Commodity-Money Refinement in Matching Models

Journal of Economic Theory, v. 117, 2004, p. 246-258
Zhu, Tao; Wallace, N.

Article 1

Existence of a Monetary Steady State in a Matching Model: Indivisible Money

Journal of Economic Theory, v. 112, 2003, p. 307-324
Zhu, Tao

2019 1

Nonneutrality of Money in Dispersion: Hume Revisited

International Economic Review, v. 60, (3), August 2019, p. 1329-1353
Jin, Gu; Zhu, Tao
Article

2008 2

An Overlapping-generations Model with Search

Journal of Economic Theory, v. 142, 2008, p. 318-331
Zhu, Tao
Article

Equilibrium Concepts in the Large Household Model

Theoretical Economics, v. 3, 2008, p. 258-281
Zhu, Tao
Article

2007 2

Float on a Note

Journal of Monetary Economics, v. 54, 2007, MAR, p. 229-246
Zhu, Tao; Wallace, N.
Article

Pairwise Trade and Coexistence of Money and Higher-Return Assets

Journal of Economic Theory, v. 133, 2007, MAR, p. 524-535
Zhu, Tao; Wallace, N.
Article

2005 2

Existence of a Monetary Steady State in a Matching Model: Divisible Money

Journal of Economic Theory, v. 123, 2005, p. 130-160
Zhu, Tao
Article

Modeling Denomination Structures

Econometrica, v. 65, 2005, p. 949-960
Zhu, Tao; Lee, M.; Wallace, N.
Article

2004 1

A Commodity-Money Refinement in Matching Models

Journal of Economic Theory, v. 117, 2004, p. 246-258
Zhu, Tao; Wallace, N.
Article

2003 1

Existence of a Monetary Steady State in a Matching Model: Indivisible Money

Journal of Economic Theory, v. 112, 2003, p. 307-324
Zhu, Tao
Article

No Publications

Teaching Assignment

2024-25 Spring 2 2024-25 Winter 0 2024-25 Fall 0 2023-24 Summer 0 2023-24 Spring 1 2023-24 Winter 0

ECON5350	Banking and Financial Intermediation
ECON5360	Monetary Economics

ECON6950

MSc Project

No Teaching Assignments

Projects

From January 2023 to December 2025

All Projects 2

No Projects.
Understanding Individualism and Collectivism: Theory, Application, and Empirics

理解個人主義和集體主義：理論、應用和經驗 Leading

RGC - General Research Fund
Project Team (HKUST)
ZHU Tao (Lead)
2022 -
Fiscal and Monetary Coordination: A Political-Economy Approach

財政和貨幣政策的協調：基于政治經濟均衡的研究 Leading

RGC - General Research Fund
Project Team (HKUST)
ZHU Tao (Lead)
2019 - 2023

Research Interest

Publications

2022 1

2019 1

2008 2

2007 2

2005 2

2004 1

2003 1

Article 1

Article 1

Article 2

Article 2

Article 2

Article 1

Article 1

2019 1

2008 2

2007 2

2005 2

2004 1

2003 1

Teaching Assignment

Projects

From January 2023 to December 2025

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