OTHER RESEARCH EXPERIENCE & AFFILIATIONS

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1 Chun-Yu Ho Department of Economics University at Albany, SUNY Website: Version: January 2017 EDUCATION PhD. Economics, Boston University, Boston MA, January 2009 MPhil. Economics, Hong Kong University of Science and Technology, 2003 BSc. Economics and Finance, Hong Kong University of Science and Technology, 2001 FIELDS OF INTEREST Industrial Organization, Economic Development and Applied Econometrics ACADEMIC POSITION Assistant Professor, Department of Economics, University at Albany, SUNY, since September 2016 Associate Professor, School of Economics, Shanghai Jiao Tong University, since August 2011 Assistant Professor, School of Economics, Shanghai Jiao Tong University, Assistant Professor, School of Economics, Georgia Institute of Technology, OTHER RESEARCH EXPERIENCE & AFFILIATIONS Chinese University of Hong Kong Visiting Scholar, January-June 2015 Hong Kong Institute of Monetary Research Research Fellow, January-February 2016 Post-doctoral Fellow, July-August 2009, May-June 2008 Doctoral Intern, December 2006-January 2007 Institute for Economies in Transition, Bank of Finland Visiting Researcher, May-June 2017 (Scheduled), October -December 2008 Center for Knowledge Competitiveness & Regional Development, Shanghai Jiao Tong University Research Associate, Fairbank Center for Chinese Studies, Harvard University Associate in Research, PROFESSIONAL SERVICES Associate Editor, Singapore Economic Review, Program Committee, Conference on China s Financial Intermediation, Hong Kong, October 2015 Organizing Committee, The 2nd Biennial Conference of China Development Studies, Shanghai, June 2015 Local Organizer, The 9th Workshop on Industrial Organization and Management Strategy, Shanghai December 2012 RESEARCH GRANTS RECEIVED Principal Investigator, National Natural Science Foundation of China, Switching Cost and Consumer Bank Choices, $RMB217,000, Project No.: , Principal Investigator, Shanghai Jiao Tong University, International Trade Network, $RMB40,000, Project No.: AF , Antai College of Economics and College, Shanghai Jiao Tong University, Start-up Grant, $RMB150,000, Principal Investigator, Sloan Foundation Center for Paper Business and Industry Studies, Predicting Bankruptcy in Pulp & Paper Industry, $USD3,105 (plus tuition wavier for a graduate student), Project No.: , Georgia Tech Foundation, Ivan Allen College, International Travel Grant, $USD3,000, 2010

2 Georgia Tech Foundation, Ivan Allen College, International Travel Grant, $USD3,000, 2009 School of Economics, Georgia Institute of Technology, Start-up Grant, 2008 PUBLICATIONS Chao, Hao, Ho, Chun-Yu, Qin, Xiangdong (2017). Risk Taking after Absolute and Relative Wealth Changes: The Role of Reference Point Adaptation, Journal of Risk and Uncertainty, 54(2), forthcoming. Chao, Hao, Ho, Chun-Yu, Leung, Tommy, Ng, Travis (2017). To Root or Not To Root? The Economics of Jailbreak, Journal of Comparative Economics, forthcoming Feng, Shu and Ho, Chun-Yu (2016). The Real Option Approach to Adoption and Discontinuation of Management Accounting Innovation: The Case of Activity-Based Costing. Review of Quantitative Finance and Accounting, 47(3): Ho, Chun-Yu (2015). Switching Cost and the Deposit Demand in China. International Economic Review, 56(3): Ho, Chun-Yu, Ho, Wai-Yip Alex and Li, Dan (2015). Intranational Risk Sharing and Its Determinants. Journal of International Money and Finance, 51: Ho, Chun-Yu and Ho, Wai-Yip Alex (2015). Dynamics and Heterogeneity of Risk Sharing. Journal of Money, Credit and Banking, 47(1): Ho, Chun-Yu, Li, Xin and Zhou, Weimin (2014). Unbalanced Growth and Health Care Expenditures: Evidence from China. Economics of Transition, 22 (4): Ho, Chun-Yu and Li, Dan (2014). A Mirror of History: The Chinese Bond Market Economic History Review, 67 (2): Ho, Chun-Yu, McCarthy, Patrick, Yang, Yi and Ye, Xuan (2013). Bankruptcy in the Pulp and Paper Industry: Market s Reaction and Prediction. Empirical Economics, 45 (3): Ho, Chun-Yu, Wang, Wei and Yu, Jihai (2013). Growth Spillover through Trade: An Spatial Dynamic Panel Data Approach. Economics Letters, 120 (3): Ho, Chun-Yu, Ho, Wai-Yip Alex and Li, Dan (2012). Examining the Role of Risk Aversion in Calculating the Welfare Cost of Consumption Fluctuations. Applied Economics Letters, 19 (9): Ho, Chun-Yu (2012). Market Structure, Welfare and Banking Reform in China. Journal of Comparative Economics, 40 (2): Aguirregabiria, Victor and Ho, Chun-Yu (2012) A Dynamic Oligopoly Game of the US Airline Industry: Estimation and Policy Experiments. Journal of Econometrics, 168 (1): Li, Dan, Lakshmanan, T.R., Ho, Chun-Yu and Anderson, William (2010). An Empirical Analysis of Household Choices on Housing Consumption and Travel Mode in Boston. Annals of Regional Science, 45 (2): Ho, Chun-Yu, Ho, Wai-Yip Alex and Li, Dan (2010) Consumption Fluctuations and Welfare: Evidence from China. World Development, 38 (9): Aguirregabiria, Victor and Ho, Chun-Yu (2010) A Dynamic Game of Airline Network Competition: Hub-and-Spoke Networks and Entry Deterrence. International Journal of Industrial Organization, 28 (4): Ho, Chun-Yu and Li, Dan (2010). Divergence and Spatial Dependence of Chinese Cities. Review of Development Economics, 14 (2): Ho, Chun-Yu (2010). Deregulation, Competition and Consumer Welfare in Banking Market: Evidence from Hong Kong. Journal of Regulatory Economics, 37 (1): Ho, Chun-Yu and Li, Dan (2009). The Nexus of Income and Size Distributions of Chinese Cities, Applied Economics Letters, 16 (17): Ho, Chun-Yu and Li, Dan (2008). Rising Regional Inequality in China: Policy Regime and Structural Change. Papers in Regional Science, 87 (2): Ho, Chun-Yu (2008). Investment-Specific Technological Change and Labor Composition: Evidence from the U.S. Manufacturing. Economics Letters, 99 (3):

3 Ho, Chun-Yu and Siu, Kam-Wing (2007). A Dynamic Equilibrium of Electricity Consumption and GDP in Hong Kong: An Empirical Investigation. Energy Policy, 35 (4): WORKING PAPERS Policy Distortion in Credit Market: Evidence from a Fiscal Stimulus Program (with Dan Li, Suhua Tian and Xiaodong Zhu) December Foreign Bank Entry and Bank Efficiency: Evidence from China (with Yin-Wong Cheung, Gaofeng Han and Jun Wu) June Insuring against Health Shocks with Self and Public Insurances: Evidence from China (with Xin Li, Qinghua Shi and Dennis T. Yang) February Finance Development and Innovation: The Role of Political Institution (with Shaoqing Huang, Hao Shi and Jun Wu) January Inflation, Financial Development and Wealth Distribution in China (with Wai-Yip Alex Ho), IMF Working Paper 16132, July Consumer Usage and Pricing of Payment Card: Evidence from China (with Li Xu) July Political Stability and Credibility of Currency Boards (with Shu Feng and Wai-Yip Alex Ho) August WORK IN PROGRESS Fiscal Sustainability and Public Financing Cost (with Xiaoyun Qiu and Xi Zhu) August The Effect of Ownership and Financing on Firm's Inventory and Profitability: An Empirical Analysis (with Ying Rong and Oliver Yao) December OTHER PUBLICATION Ho, Chun-Yu, McCarthy, Patrick and Ye, Xuan (2011) Bankruptcy Announcements and the Paper Industry. TAPPI Paper 360, May/June, PUBLICATION IN CHINESE Ye, Bing, Huang, Shaoqing and Ho, Chun-Yu (2014) Does "Province Directly Governing County" Reform Promote Provincial Economic Growth? China Economic Studies, 6, EDITORIAL AND MEDIA COVERAGE IN CHINESE Ho, Chun-Yu and Zhou, Yaying (2016/9/6) A Supply-side perspective on the Fair Competition Review in China. Oriental Morning Post, Page B15. Ho, Chun-Yu and Wang, Yanhao (2016/3/18) Consumption Risk Sharing and Consumption Growth. Wenhui Daily, Page 15. Ho, Chun-Yu and Li, Xin (2015/7/7) Rising Medical Expenditures in China. Oriental Morning Post, Page B14. Who's Who of Academia in Shanghai (2015/2/13). Wenhui Daily, Page 20. TEACHING EXPERIENCE University at Albany Industrial Organization (Undergraduate) Fall 2016: Evaluation 4.5/5; Enrollment 38; Response rate 26.3 Spring 2017 Shanghai Jiao Tong University Introduction to Banking Industry in China (Master of International Business) Spring 2016 Empirical Methods in Industrial Organization (Graduate) Fall 2014; Spring 2016/2014/2013/2012/2011 Industrial Organization (Graduate) Spring 2016 Industrial Organization (Undergraduate) Fall 2015: Evaluation 96.1/100; Rank 1/75 among courses offered by the College; Enrollment 46; Response rate 80.4 Fall 2014: Evaluation 94.8/100; Rank 4/74 among courses offered by the College;

4 Enrollment 60; Response rate 88.3 Fall 2013: Evaluation 95.4/100; Rank 2/73 among courses offered by the College; Enrollment 26; Response rate 80.7 Fall 2012: Evaluation was unpublished due to the response rate was lower than 50%; Enrollment 30; Response rate 43.3 Economics of Regulation (Graduate) Fall 2015, Fall 2013 (Undergraduate) Spring 2012, Spring 2011 Dissertation/Thesis supervision 2 doctoral students (on-going), 2 master students (and 2 are on-going), 14 undergraduate students (1 in 2011; 2 in 2012; 2 in 2013; 3 in 2014; 2 in 2015; 4 in 2016) Chinese University of Hong Kong Empirical Methods in Industrial Organization (Graduate) Spring 2015: Evaluation 5.89/6; Enrollment 9; Response rate 100 Money and Banking (Undergraduate) Spring 2015: Evaluation 4.94/6; Enrollment 23; Response rate 78.3 Georgia Institute of Technology Cost and Benefit Analysis (Graduate) Spring 2010: Evaluation 4.7/5; Enrollment 24; Response rate 79.2 Spring 2009: Evaluation 4.9/5; Enrollment 16; Response rate 68.6 Industrial Organization (Undergraduate) Summer 2010: Evaluation 5/5; Enrollment 17; Response rate 17.6 Spring 2010: Evaluation 4.7/5; Enrollment 56; Response rate 55.4 Summer 2009: Evaluation 4/5; Enrollment 16; Response rate 6.25 Spring 2009: Evaluation 4.8/5; Enrollment 38; Response rate 28.9 Dissertation/Thesis supervision 2 master students (1 in 2009; 1 in 2010), 1 undergraduate student in 2010 EXTERNAL EDUCATION/CONSULTING Summer School, School of Economics, Fudan University Bank Reform and Development in China; Foreign Banks in China (Undergraduate and graduate students), July 2016, Shanghai. CBCF-Emerging Leaders US-China Study Delegation Foreign Banks in China (Undergraduate students), June 2016, Shanghai. Coordinated by the School of Economics, Fudan University. A hedge fund in the U.S. Phone Consultation on Macro Trends and Outlook of China, June 2016 Hong Kong Competition Commission Empirical Methods in Competition Economics: Market Definition (In-house economists and lawyers), April 2015, Hong Kong A major commercial bank in Southeast Asia China Banking Industry Reform (Executives from Singapore, Malaysia, Indonesia and the Philippines), October and December 2014, Shanghai Universidad Espiritu Santo, Ecuador Introduction to Chinese Banking Industry (Undergraduate students), September 2015, Shanghai. Coordinated by the School of International and Public Affairs, SJTU. UNIVERSITY SERVICES University at Albany - SUNY, Department of Economics Member, Faculty Recruiting Committee, 2016 Shanghai Jiao Tong University, School of Economics Member, Undergraduate Curriculum Committee, Member, Faculty Recruiting Committee, Coordinator, Brown Bag Series, Fall 2011-Fall 2015 Coordinator, Doctoral Seminars, Fall 2012-Fall 2015

5 Coordinator, Seminar Series, Fall 2011 Georgia Institute of Technology, School of Economics Member, Faculty Recruiting Committee, 2009 Member, Energy Systems Minor Working Group, 2009 Coordinator, Information Technology Committee, 2009 FELLOWSHIPS AND AWARDS Shanghai Jiao Tong University Outstanding Faculty Award, 2012, 2013, 2014, 2015 Outstanding Teaching Award, 2014 Outstanding Achievement Award (College-level), 2012 Outstanding Teaching Award (College-level), 2011 Student Paper Award, the Chinese Economists Society, 2008 Boston University Doctoral Research Fellowships, 2007 Rosenstein-Rodan Prize, the Best Graduate Student Paper in Development Economics, Institute of Economic Development, 2006 Student Research Award, Arts & Science Dean s Fellowship, Hong Kong University of Science and Technology Postgraduate Fellowships, Dean s List, 2001 Representative, International Case Competition, University of Washington, 2001 Representative, Management International Case Competition, McGill University, 2001 Exchange Student, University of Wisconsin-Madison, Fall 2000 INVITED CONFERENCES AND PRESENTATIONS Modes of Foreign Bank Participation and Domestic Bank Efficiency: Evidence from China" Asian Meeting of Econometrics Society, Aug 2016, Kyoto, Japan Conference on the Macroeconomy of China and the World, Fudan University, July 2016 Beijing University, May 2016 Capital University of Business and Economics, May 2016 Hong Kong Institute of Monetary Research, February 2016 China's Financial Intermediation, October 2015, City University of Hong Kong Finance Development and Innovation: The Role of Political Institution" Asian Development Bank Institute, November 2015, Tokyo, Japan Retail Payment Technology, Money Demand and the Welfare Cost of Inflation" Bank of Canada, November 2015, Ottawa, Canada Insuring against Health Shocks with Self and Public Insurances: Evidence from China" Lehigh University, March 2017 University at Albany SUNY, November 2016 China Meeting of Econometrics Society, June 2014, Xiamen, China Fudan Workshop of Economic Dynamics, June 2014, Shanghai, China Innovation and the Integration into the Global Value Chain: Evidence from China" ECNU-UT Conference on Regional and International Innovation Research and Policy Implications, September 2015, Shanghai, China 6th Biennial Conference on Transition and Economic Development, September 2015, Shanghai, China SCERI-NSD Conference on Industrial Upgrading and Urbanization, August 2014, Stockholm 3rd International Workshop on Regional, Urban and Spatial Economics in China, June 2014, Shanghai, China Policy Distortion in Capital Market: Evidence from a Fiscal Stimulus Program " Hong Kong Baptist University, January 2016 University at Albany SUNY, January 2016 Nanyang Technological University, October 2015

6 Singapore Economic Review Conference, August 2015 University of Hong Kong, May 2015 Lingnan University, April 2015 Chinese University of Hong Kong, January 2015 Bank of Finland, August 2014 Shanghai-Hong Kong Development Institute Annual Conference, December 2013, Hong Kong The 1st Biennial Conference of China Development Studies, July 2013, Shanghai China International Conference in Finance, July 2013, Shanghai Chinese Economic Society, June 2013, Chengdu International Banking, Economics and Finance Association, San Diego, January An Empirical Analysis of Payment Card Pricing in China Bank of Canada, November 2016 Workshop of Industrial Organization and Management Strategy, December 2014, Hong Kong Workshop of Industrial Organization and Management Strategy, December 2013, Beijing Shanghai University of Finance and Economics, November 2012 The Economics of Payments VI Workshop, Bank of Canada, May 2012 International Industrial Organization Conference, March 2012, Washington DC, US Switching Cost and the Deposit Demand in China Singapore Management University, November 2014 Chinese University of Hong Kong, February 2014 University of Hong Kong, January 2014 Workshop of Industrial Organization and Management Strategy, December 2011, Beijing SJTU-NTU Workshop, December 2011, Shanghai Beijing University, November 2011 Shanghai University of Finance and Economics, November 2011 Renmin University of China, December 2010, Beijing, China World Congress of Econometrics Society, August 2010, Shanghai, China International Industrial Organization Conference, May 2010, Vancouver, Canada City University of Hong Kong, December 2009 Chinese University of Hong Kong, December 2009 Hong Kong University of Science and Technology, December 2009 Clemson University, November 2009 European Association for Research in Industrial Economics, September 2009, Ljubljana Hong Kong Institute of Monetary Research, August 2009 Georgia Institute of Technology, April 2009 Chinese Economic Association in North America, January 2009 Shanghai University of Finance and Economics, December 2008 Shanghai Jiao Tong University, December 2008 Fudan University, December 2008 Bank of Finland, December 2008 Helsinki Center of Economic Research, November 2008 Intranational Risk Sharing and Its Determinants Asian Meeting of Econometrics Society, Aug 2011, Seoul, Korea Chinese Economic Association in North America, January 2010 Shanghai Jiao Tong University, December 2009 Shanghai University of Finance and Economics, December 2009 Georgia Institute of Technology, October 2009 A Mirror of History: The Chinese Bond Market Clemson University, March 2010 Asia-Pacific Economic and Business History Conference, February 2009, Tokyo, Japan Georgia Institute of Technology, October 2008 Market structure, Welfare and Banking Reform in China Bank of Finland, November 2008 North American Conference of Chinese Economists Society, August 2008, Regina, Canada

7 Hong Kong Institute of Monetary Research June 2008 Hong Kong University of Science and Technology June 2008 City University of Hong Kong May 2008 Chinese University of Hong Kong May 2008 International Industrial Organization Conference, May 2008, Washington DC, US Georgia Institute of Technology, February 2008 Bank of Canada, January 2008 Australian National University, November 2007 European Meeting of Econometrics Society, Aug 2007, Budapest, Hungary Midwest Finance Association Annual Meeting, March 2007, Minnesota, USA Midwest Economics Association Annual Meeting, March 2007, Minnesota, USA Deregulation, Competition and Consumer welfare in Banking Market: Evidence from Hong Kong Hong Kong Institute of Monetary Research, Jan 2007, Hong Kong All China Economics Conference, Dec 2006, Hong Kong Hong Kong Economics Association, Dec 2006, Hong Kong Dynamic Oligopoly Model of US Airline Industry: Estimation and Policy Experiment Society of Economic Dynamics, July 2006, Vancouver, Canada International Industrial Organization Conference, April 2006, Boston, USA Investment-Specific Technology and Labor Composition in US Manufacturing Midwest Macroeconomics Meeting, May 2005, Iowa, US REFEREE EXPERIENCE Grants: Social Science and Humanities Research Council of Canada (SSHRC), Research Grants Council (RGC) of Hong Kong Journals in Economics: African Journal of Business Management, Applied Economics, Applied Economics Letters, Applied Financial Economics, Asia-Pacific Journal of Accounting & Economics, China Economic Review, China Finance Review International, Contemporary Economic Policy, Economic Modelling, Economics Inquiry, Economics Letters, Emerging Markets Finance and Trade, Frontier of Economics in China, Hong Kong Institute of Monetary Research Working Paper, International Journal of Industrial Organization, Journal of Economic Behavior and Organization, Journal of Economics and Business, Journal of Economics and Management Strategy, Journal of Financial Stability, Journal of Regulatory Economics, Pacific Economic Review, Review of Industrial Organization, Singapore Economic Review, World Development Journals in Regional/Urban Studies: Growth and Change, Journal of Regional Science, Papers in Regional Science, Spatial Economic Analysis, Urban Studies Journals in Energy: Applied Energy, Energy Journal, Energy Policy