Faculty Profiles - LU Yang | The Hong Kong University of Science and Technology

Yang LU
盧楊

PhD in Economics
Boston University, 2009

Associate Professor
Department of Economics

(852) 2358 7619
yanglu@ust.hk
Room LSK6058
Personal Web

Google Scholar

McLRQQwAAAAJ

ORCID

0000-0002-1308-9388

Scopus ID

55668909700

Research Interest Publications Projects Teaching Assignment RPG Supervision Space used

Research Interest

Macroeconomics
Information theory
Economic theory

Publications

All Years 34 2024 1 2023 5 2022 5 2021 2 2020 0 2019 3 2018 18

2024 1

Evolving Reputation for Commitment: The Rise, Fall and Stabilization of US Inflation

Lu, Yang; King, G Robert
Conference paper

2023 5

The Rise, Fall and Stabilization of US Inflation: Shifting Regimes and Evolving Reputation

King, Robert G.; Lu, Yang
Conference paper

The Rise, Fall and Stabilization of US Inflation: Shifting Regimes and Evolving Reputation

Lu, Yang; King, G. Robert
Conference paper

The Signaling Effects of Sovereign Borrowing

Lu, Yang; Qu, Bowen
Conference paper

2022 5

Credibility and Explicit Inflation Targeting

Essays in Honor of Marvin Goodfriend: Economist and Central Banker / Edited by Robert G. King and Alexander L. Wolman. Richmond : Federal Reserve Bank of Richmond, 2022, p. 347-403
King, Robert G; Lu, Yang K.
Book chapter

It's all relative: A method to counter human bias in crowdsourced stance detection of news articles

Proceedings of the ACM on Human-Computer Interaction, v. 6, (CSCW2), November 2022, article number 523
Haq, Ehsan-ul; Lu, Yang; Hui, Pan
Conference paper

The Rise, Fall and Stabilization of US Inflation: Shifting Regimes and Evolving Reputation

King, Robert G.; Lu, Yang
Conference paper

The Signaling Effects of Sovereign Borrowing

Lu, Yang; Qu, Bowen
Conference paper

2021 2

Creating confusion

Journal of Economic Theory, v. 191, January 2021, article number 105145
Edmond, Chris; Lu, Yang K.
Article

Managing Expectations in the New Keynesian Model

King, Robert G.; Lu, Yang
Conference paper

2019 3

Creating Confusions

Edmond, Chris; Lu, Yang
Conference paper

Managing Expectations in the New Keynesian Model

Lu, Yang; King, Robert G.
Conference paper

Managing Expectations in the New Keynesian Model

King, Robert G.; Lu, Yang
Conference paper

2018 4

Creating Confusion

Lu, Yang; Edmond, Chris
Conference paper

Managing Expectations in the New Keynesian Model

Lu, Yang; King, Robert G.
Conference paper

2017 1

Decentralization and Political Career Concerns

Journal of Public Economics, v. 145, January 2017, p. 201-210
Che, Jiahua; Chung, Kimsau; Lu, Yang
Article

2016 2

Optimal Reputation Building in the New Keynesian Model

Journal of Monetary Economics, v. 84, December 2016, p. 233-249
Lu, Yang K.; King, Robert G.; Pasten, Ernesto
Article

The power of whispers: A theory of rumor, communication, and revolution

International Economic Review, v. 57, (1), February 2016, p. 89-116
Chen, Heng; Lu, Yang; Suen, Wing Chuen
Article

2013 2

Optimal policy with credibility concerns

Journal of Economic Theory, v. 148, (5), September 2013, p. 2007-2032
Lu, Yang K.
Article

The Power of Whispers: A Theory of Rumor, Communication and Revolution

Lu, Yang; Suen, Wing; Chen, Heng
Conference paper

2012 2

Policy Design with Private Sector Skepticism in the Textbook New Keynesian Model

Society of Economic Dynamics Meeting, Seoul, South Korea, 27-29 June 2013
King, Robert; Lu, Yang; Pasten, Ernesto
Conference paper

Policy Design with Private Sector Skepticism in the Textbook New Keynesian Model

Midwest Macro Meeting, University of Illinois, USA, 16-19 May 2013
King, Robert; Lu, Yang; Pasten, Ernesto
Conference paper

2011 3

Learning and Asset Prices in a Rare Disaster Model

Midwest Macro Meeting, Nashville, USA May 20-22, 2011
Lu, Yang; Siemer, Michael
Conference paper

Optimal Monetary Policy with Imperfect Credibility

Max Weber Lustrum Conference, Florence, Italy June 7-10, 2011
Lu, Yang; King, Robert; Pasten, Ernesto
Conference paper

Optimal Monetary Policy with Imperfect Credibility

2nd Shanghai Macroeconomic Workshop, Shanghai, China June 23-26, 2011
Lu, Yang; King, Robert; Pasten, Ernesto
Conference paper

2010 3

Modeling and Forecasting Stock Return Volatility using a Random Level Shift Model

Journal of Empirical Finance, v. 17, (1), January 2010, p. 138-156
Lu, Yang; Perron, Pierre
Article

Coordinating Expectations and the Information Role of Policy

Society of Economic Dynamics, Montreal, Canada July 8-10, 2010
Lu, Yang; Pasten, Ernesto
Conference paper

Credibility Concerns in Optimal Policy Design

Econometric Society World Congress, Shanghai, China, August 17-21, 2011
Lu, Yang
Conference paper

2008 1

Managing Expectations

Journal of Money, Credit and Banking, v. 40, (8), December 2008, p. 1625-1666
King, Robert G.; Lu, Yang K.; Pasten, Ernesto
Article

Conference paper 1

Evolving Reputation for Commitment: The Rise, Fall and Stabilization of US Inflation

Lu, Yang; King, G Robert

Conference paper 5

The Rise, Fall and Stabilization of US Inflation: Shifting Regimes and Evolving Reputation

King, Robert G.; Lu, Yang

The Rise, Fall and Stabilization of US Inflation: Shifting Regimes and Evolving Reputation

Lu, Yang; King, G. Robert

The Signaling Effects of Sovereign Borrowing

Lu, Yang; Qu, Bowen

Book chapter 1

Credibility and Explicit Inflation Targeting

Essays in Honor of Marvin Goodfriend: Economist and Central Banker / Edited by Robert G. King and Alexander L. Wolman. Richmond : Federal Reserve Bank of Richmond, 2022, p. 347-403
King, Robert G; Lu, Yang K.

Conference paper 4

It's all relative: A method to counter human bias in crowdsourced stance detection of news articles

Proceedings of the ACM on Human-Computer Interaction, v. 6, (CSCW2), November 2022, article number 523
Haq, Ehsan-ul; Lu, Yang; Hui, Pan

The Rise, Fall and Stabilization of US Inflation: Shifting Regimes and Evolving Reputation

King, Robert G.; Lu, Yang

The Signaling Effects of Sovereign Borrowing

Lu, Yang; Qu, Bowen

Article 1

Creating confusion

Journal of Economic Theory, v. 191, January 2021, article number 105145
Edmond, Chris; Lu, Yang K.

Conference paper 1

Managing Expectations in the New Keynesian Model

King, Robert G.; Lu, Yang

Conference paper 3

Creating Confusions

Edmond, Chris; Lu, Yang

Managing Expectations in the New Keynesian Model

Lu, Yang; King, Robert G.

Managing Expectations in the New Keynesian Model

King, Robert G.; Lu, Yang

Conference paper 4

Creating Confusion

Lu, Yang; Edmond, Chris

Managing Expectations in the New Keynesian Model

Lu, Yang; King, Robert G.

Article 1

Decentralization and Political Career Concerns

Journal of Public Economics, v. 145, January 2017, p. 201-210
Che, Jiahua; Chung, Kimsau; Lu, Yang

Article 2

Optimal Reputation Building in the New Keynesian Model

Journal of Monetary Economics, v. 84, December 2016, p. 233-249
Lu, Yang K.; King, Robert G.; Pasten, Ernesto

The power of whispers: A theory of rumor, communication, and revolution

International Economic Review, v. 57, (1), February 2016, p. 89-116
Chen, Heng; Lu, Yang; Suen, Wing Chuen

Article 1

Optimal policy with credibility concerns

Journal of Economic Theory, v. 148, (5), September 2013, p. 2007-2032
Lu, Yang K.

Conference paper 1

The Power of Whispers: A Theory of Rumor, Communication and Revolution

Lu, Yang; Suen, Wing; Chen, Heng

Conference paper 2

Policy Design with Private Sector Skepticism in the Textbook New Keynesian Model

Society of Economic Dynamics Meeting, Seoul, South Korea, 27-29 June 2013
King, Robert; Lu, Yang; Pasten, Ernesto

Policy Design with Private Sector Skepticism in the Textbook New Keynesian Model

Midwest Macro Meeting, University of Illinois, USA, 16-19 May 2013
King, Robert; Lu, Yang; Pasten, Ernesto

Conference paper 3

Learning and Asset Prices in a Rare Disaster Model

Midwest Macro Meeting, Nashville, USA May 20-22, 2011
Lu, Yang; Siemer, Michael

Optimal Monetary Policy with Imperfect Credibility

Max Weber Lustrum Conference, Florence, Italy June 7-10, 2011
Lu, Yang; King, Robert; Pasten, Ernesto

Optimal Monetary Policy with Imperfect Credibility

2nd Shanghai Macroeconomic Workshop, Shanghai, China June 23-26, 2011
Lu, Yang; King, Robert; Pasten, Ernesto

Article 1

Modeling and Forecasting Stock Return Volatility using a Random Level Shift Model

Journal of Empirical Finance, v. 17, (1), January 2010, p. 138-156
Lu, Yang; Perron, Pierre

Conference paper 2

Coordinating Expectations and the Information Role of Policy

Society of Economic Dynamics, Montreal, Canada July 8-10, 2010
Lu, Yang; Pasten, Ernesto

Credibility Concerns in Optimal Policy Design

Econometric Society World Congress, Shanghai, China, August 17-21, 2011
Lu, Yang

Article 1

Managing Expectations

Journal of Money, Credit and Banking, v. 40, (8), December 2008, p. 1625-1666
King, Robert G.; Lu, Yang K.; Pasten, Ernesto

2018 4

Creating Confusion

Lu, Yang; Edmond, Chris
Conference paper

Managing Expectations in the New Keynesian Model

Lu, Yang; King, Robert G.
Conference paper

2017 1

Decentralization and Political Career Concerns

Journal of Public Economics, v. 145, January 2017, p. 201-210
Che, Jiahua; Chung, Kimsau; Lu, Yang
Article

2016 2

Optimal Reputation Building in the New Keynesian Model

Journal of Monetary Economics, v. 84, December 2016, p. 233-249
Lu, Yang K.; King, Robert G.; Pasten, Ernesto
Article

The power of whispers: A theory of rumor, communication, and revolution

International Economic Review, v. 57, (1), February 2016, p. 89-116
Chen, Heng; Lu, Yang; Suen, Wing Chuen
Article

2013 2

Optimal policy with credibility concerns

Journal of Economic Theory, v. 148, (5), September 2013, p. 2007-2032
Lu, Yang K.
Article

The Power of Whispers: A Theory of Rumor, Communication and Revolution

Lu, Yang; Suen, Wing; Chen, Heng
Conference paper

2012 2

Policy Design with Private Sector Skepticism in the Textbook New Keynesian Model

Society of Economic Dynamics Meeting, Seoul, South Korea, 27-29 June 2013
King, Robert; Lu, Yang; Pasten, Ernesto
Conference paper

Policy Design with Private Sector Skepticism in the Textbook New Keynesian Model

Midwest Macro Meeting, University of Illinois, USA, 16-19 May 2013
King, Robert; Lu, Yang; Pasten, Ernesto
Conference paper

2011 3

Learning and Asset Prices in a Rare Disaster Model

Midwest Macro Meeting, Nashville, USA May 20-22, 2011
Lu, Yang; Siemer, Michael
Conference paper

Optimal Monetary Policy with Imperfect Credibility

Max Weber Lustrum Conference, Florence, Italy June 7-10, 2011
Lu, Yang; King, Robert; Pasten, Ernesto
Conference paper

Optimal Monetary Policy with Imperfect Credibility

2nd Shanghai Macroeconomic Workshop, Shanghai, China June 23-26, 2011
Lu, Yang; King, Robert; Pasten, Ernesto
Conference paper

2010 3

Modeling and Forecasting Stock Return Volatility using a Random Level Shift Model

Journal of Empirical Finance, v. 17, (1), January 2010, p. 138-156
Lu, Yang; Perron, Pierre
Article

Coordinating Expectations and the Information Role of Policy

Society of Economic Dynamics, Montreal, Canada July 8-10, 2010
Lu, Yang; Pasten, Ernesto
Conference paper

Credibility Concerns in Optimal Policy Design

Econometric Society World Congress, Shanghai, China, August 17-21, 2011
Lu, Yang
Conference paper

2008 1

Managing Expectations

Journal of Money, Credit and Banking, v. 40, (8), December 2008, p. 1625-1666
King, Robert G.; Lu, Yang K.; Pasten, Ernesto
Article

No Publications

Teaching Assignment

2024-25 Fall 3 2023-24 Summer 2 2023-24 Spring 2 2023-24 Winter 0 2023-24 Fall 2 2022-23 Summer 2

ECON3024	Managerial Macroeconomics
UROP1100N	Undergraduate Research Opportunities Series 1
UROP2100N	Undergraduate Research Opportunities Series 2

UROP1000	Undergraduate Research Opportunities
UROP1100M	Undergraduate Research Opportunities Series 1

UROP2100L	Undergraduate Research Opportunities Series 2
UROP3100L	Undergraduate Research Opportunities Series 3

UROP1100K	Undergraduate Research Opportunities Series 1
UROP2100K	Undergraduate Research Opportunities Series 2

UROP1000	Undergraduate Research Opportunities
UROP1100J	Undergraduate Research Opportunities Series 1

No Teaching Assignments

Research Postgraduate (RPG) Supervision

From January 2021 to December 2024 (As of 21 November 2024)

Graduated RPGs

Doctor of Philosophy

DONG, Ding
Economics( Completed in 2024 )
YANG, Zhongchao
Economics( Completed in 2021 )

Projects

From January 2022 to December 2024

All Projects 3

No Projects.
The Effects of Foreign Exchange Intervention on Market Expectations: a case of China's RMB Exchange Rate Policy

外匯干預對市場預期的影響：以人民幣匯率政策為例 Leading

RGC - General Research Fund
Project Team (HKUST)
LU Yang (Lead)
2024 -
The Informative Role of Sovereign Debt

主權債務的信息作用 Leading

RGC - General Research Fund
Project Team (HKUST)
LU Yang (Lead)
2022 -
The value of information manipulation

信息操縱的社會價值 Leading

RGC - General Research Fund
Project Team (HKUST)
LU Yang (Lead)
2019 - 2022

Research Interest

Publications

2024 1

2023 5

2022 5

2021 2

2019 3

2018 4

2017 1

2016 2

2013 2

2012 2

2011 3

2010 3

2008 1

Conference paper 1

Conference paper 5

Book chapter 1

Conference paper 4

Article 1

Conference paper 1

Conference paper 3

Conference paper 4

Article 1

Article 2

Article 1

Conference paper 1

Conference paper 2

Conference paper 3

Article 1

Conference paper 2

Article 1

2018 4

2017 1

2016 2

2013 2

2012 2

2011 3

2010 3

2008 1

Teaching Assignment

Research Postgraduate (RPG) Supervision

From January 2021 to December 2024 (As of 21 November 2024)

Graduated RPGs

Projects

From January 2022 to December 2024

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