Education
Ph.D. Economics
Hong Kong Baptist University (HKBU)
Research
Journal Articles
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Y. Huang, Y. Liu, and M. Ding, “Tracking Hong Kong economy with a novel leading index,” Contemporary Economic Policy, pp. 1–16, 2026. doi: doi.org/10.1111/coep.70051.
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Y. Liu, T. Wong, T. W. Chau, and Y. Cao, “Evaluating GPT-4o on introductory economics problem sets: A rating-based benchmark of question type and assessment design,” Education Sciences, vol. 16, no. 7, 2026. doi: 10.3390/educsci16070994.
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Q. Zhang, Y. Liu, and B. Fan, “Bridging saving and dissaving through tax incentives: Evidence from Hong Kong’s qualifying deferred annuity policy,” Applied Economics, pp. 1–18, 2026.
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Z. Zhu, Y. Liu, Y. Li, and K. C. Chan, “ESG portfolio performance across risk tiers and market conditions: New evidence from China,” International Review of Economics & Finance, p. 105 538, 2026.
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Y. Liu, Y. Cao, and J. Huang, “Decarbonization commitment, political connections, and firm value: Evidence from China,” Journal of Risk and Financial Management, vol. 18, no. 9, 2025.
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L. Xia and Y. Liu, “Electricity generation and China’s GDP growth under dual control policy,” Energy Exploration & Exploitation, p. 01 445 987 231 224 637, 2024.
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Y. Liu, L. Wang, and Y. Deng, “Electricity generation and economic performance: On the 2021 Texas power crisis,” The Electricity Journal, vol. 37, no. 1, p. 107 367, 2024.
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K. H. Cao, C.-K. Woo, Y. Li, and Y. Liu, “Covid-19’s effect on the alpha and beta of a us stock exchange traded fund,” Applied Economics Letters, vol. 29, no. 2, pp. 123–128, 2022.
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K. H. Cao, Q. Li, Y. Liu, and C.-K. Woo, “Covid-19’s adverse effects on a stock market index,” Applied Economics Letters, vol. 28, no. 14, pp. 1157–1161, 2021.
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M. M. Chiu, C. K. Woo, A. Shiu, Y. Liu, and B. X. Luo, “Reducing costly free-rider effects via OASIS,” International Journal of Comparative Education and Development, vol. 22, no. 1, pp. 30–48, 2020.
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C. K. Woo, K. H. Cao, Y. L. Liu, and Q. Li, “Estimated benefits of incremental suppression of Covid-19 spread,” Open Access Library Journal, vol. 7, no. 8, pp. 1–13, 2020.
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C. K. Woo, Y. Liu, K. Cao, and J. Zarnikau, “Can Hong Kong price-manage its public transportation’s ridership?” Case Studies on Transport Policy, vol. 8, no. 4, pp. 1191–1200, 2020.
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C. K. Woo, A. Shiu, M. M. Chiu, and Y. Liu, “Empirics of an online assessment system for individual scores (oasis),” Asian Journal of Educational Research, vol. 6, no. 2, pp. 16–42, 2018.
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C. K. Woo, A. Shiu, Y. Liu, X. Luo, and J. Zarnikau, “Consumption effects of an electricity decarbonization policy: Hong Kong,” Energy, vol. 144, pp. 887–902, 2018.
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C. K. Woo, Y. Liu, J. Zarnikau, A. Shiu, X. Luo, and F. Kahrl, “Price elasticities of retail energy demands in the United States: New evidence from a panel of monthly data for 2001–2016,” Applied Energy, vol. 222, pp. 460–474, 2018.
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C. K. Woo, J. Zarnikau, Y. Chen, et al., “An empirical analysis of California’s hybrid capacity options,” The Electricity Journal, vol. 31, no. 2, pp. 7–12, 2018.
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C. K. Woo, Y. Liu, X. Luo, A. Shiu, and J. Zarnikau, “Consumption effects of electricity decarbonization: Evidence from california and the Pacific Northwest,” The Electricity Journal, vol. 30, no. 10, pp. 44–49, 2017.
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Y. Liu and C. K. Woo, “California’s renewable generation and pumped hydro storage’s profitability,” The Electricity Journal, vol. 30, no. 3, pp. 15–22, 2017.
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Y. Liu, C. K. Woo, and J. Zarnikau, “Wind generation’s effect on the ex post variable profit of compressed air energy storage: Evidence from Texas,” Journal of Energy Storage, vol. 9, pp. 25–39, 2017.
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Y. Liu, C. K. Woo, and J. Zarnikau, “Ex post payoffs of a tolling agreement for natural gas-fired generation in Texas,” Journal of Energy Markets, vol. 9, no. 1, 2016.
Book Chapters
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Analysis of Macquarie Group’s Value at Risk using GARCH Models. Rutgers: Handbook of Financial Econometrics, Statistics, Technology, and Risk Management, 2025.
Ad-hoc Reviewer
The Energy Journal, Energy, Journal of Teaching in International Business, Climate Policy, Scientific Reports, 13&14th ICIET Conference
Teaching
Over the recent 2 years, more than half of my subject classes achieved students' evaluation score of ≥ 4.8/5.0.
[01]
Introduction to Economics (UG)
[02]
Intermediate Microeconomics (UG)
[03]
[04]
[05]
Engineering Economics (UG)
Economics of Sustainability (PG)
Energy Economics (PG)
[06]
Global Economic Environment (UG)