Dr Joe NG

Assistant Professor
Department of Economics and Finance

Academic & Professional Qualifications

PhD (CityU)
Master (HKU)

Biography

Dr. Ng is currently serving as an Assistant Professor at The Heng Seng University of Hong Kong. He has earned recognition for his academic achievements, having been honored with the RGC-Fulbright Hong Kong Research Scholar Award, which is jointly granted by the Research Grants Council and the Consulate General of the United States in Hong Kong and Macau. As a Fulbright Scholar, Dr. Ng carried out extensive research at Virginia Tech, further enhancing his expertise in the field. Dr. Ng’s research focuses primarily on two areas: international capital flows and real estate economics. His profound interest in these subjects has propelled him to delve deeper into understanding their intricate dynamics. Additionally, he has demonstrated a keen curiosity in exploring credit ratings, recognizing the vital role they play in financial markets.

Research and Teaching Interests

  • International capital flows, real estate economics, credit ratings

Intellectual Contributions (Publications, Conferences, Books, Book Chapters, etc.)

Book Chapter

  • Ng, J. C. Y. (2022). International macroeconomic aspects of housing. In C. K. Y. Leung (Ed.), Handbook of real estate and macroeconomics (pp. 284–311). Edward Elgar Publishing.
  • Leung, C. K. Y., & Ng, J. C. Y. (2019). Macroeconomic aspects of housing. In Oxford research encyclopedia of economics and finance. Oxford University Press. https://doi.org/10.1093/acrefore/9780190625979.013.294
  • Li, R. Y. M., Ng, J. C. Y., Chau, K. W., & Leung, T. H. (2016). Housing prices and external shocks’ impact on South Africa and Czech Republic’s housing prices: A vector error correction model and impulse response functions approach. In R. Y. M. Li & K. W. Chau (Eds.), Applied econometric models in international housing markets: Theories and applications. Routledge.

Journal Publications

  • Ng, J. C. Y., Cheong, T. S., Shi, X. and Ma, N. (2025). How does digital financial inclusion impact China: The case of carbon emissions. Applied Economics, https://doi.org/10.1080/00036846.2025.2450382 
  • Ng, J. C. Y., Chan, T. C. H., Tsang, K. P., & Leung, C. K. Y. (2022). Greenfield foreign direct investment: Social learning drives persistence. Journal of International Money and Finance, 126, 102641. https://doi.org/10.1016/j.jimonfin.2022.102641
  • Ng, J. C. Y., Leung, C. K. Y., & Chen, S. (2022). Corporate real estate holding and stock returns: Testing alternative theories with international listed firms. Journal of Real Estate Finance and Economics, 68(1), 74–102. https://doi.org/10.1007/s11146-022-09931-y
  • Woo, K., Lee, S., & Ng, C. J. (2018). An investigation into the dynamic relationship between CPI and PPI: Evidence from the UK, France, and Germany. Singapore Economic Review, 64(5), 1081–1100. https://doi.org/10.1142/s0217590818500261