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​Hung-Ju Chen
Distinguished Professor 
Department of Economics, National Taiwan University 

Fields:
  • Development Economics
  • Macroeconomics
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​

Hung-Ju Chen 
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​Department of Economics
National Taiwan University

Contact information
No. 1, Sec. 4, Roosevelt Road, Taipei 10617, Taiwan
email: [email protected]

CURRENT POSITION 
  • Distinguished Professor, National Taiwan University, August 2020-present

EDUCATION
  • ​Ph.D., Economics, University of California, Los Angeles, June 2002
  • M.A., Economics, University of California, Los Angeles, June 2000
  • B.A., Mathematics, National Taiwan University, Taiwan, June 1997

RESEARCH FIELDS 
  • Development Economics
  • Macroeconomics​

WORK EXPERIENCE
  • Associate Dean, College of Social Sciences, National Taiwan University, February 2023-July 2024
  • Chair of Graduate Studies Committee, Department of Economics, National Taiwan University, August 2018-July 2022
  • Professor, National Taiwan University, August 2009-present
  • Associate Professor, National Taiwan University, August 2005-July 2009
  • Assistant Professor, National Taiwan University, August 2002-July 2005

OTHER EXPERIENCE
  • Visiting Scholar, National Graduate Institute for Policy Studies (GRIPS), Japan, June 2024
  • Visiting Scholar, Northwestern University (Department of Mathematics), July-August 2017, July 2019
  • Visiting Scholar, Washington University in St. Louis, June-July 2015
  • Visiting Scholar, Harvard University, July-December 2006

PROFESSIONAL ACTIVITY
  • Vice President, Chinese Economic Association in North America (CEANA), 2026-present
  • Executive Director, Taiwan Economic Association, 2026-present
  • Member, Organization Committee for Annual Meeting, Taiwan Economic Association, 2026- present
  • Supervisor, Chung-Hua Institution for Economics Research, December 2023-present
  • Member, Trade Remedy Review Committee, Ministry of Economic Affairs, September 2023-present
  • Independent Board Member, Mega Financial Holding Co., Ltd., July 2021-present
  • Convener, Committee of Female Economists, Taiwan Economic Association, 2024-2025
  • Board Member, Taiwan Economic Association, 2020-2023
  • Member, Member Committee, Taiwan Economic Association, 2020-2021
  • Convener, Economic Academic Workshop, Research Institute for the Humanities and Social Science, Ministry of Science and Technology, 2019-present
  • Member, International Trade Commission, Ministry of Economic Affairs. July 2018-September 2023
  • Board of Directors, First Financial Holding Co., Ltd., June 2018-June 2021
  • Executive Director, First Commercial Bank Co., Ltd., July 2018-June 2021

EDITORIAL ACTIVITY
Current Past
  • ​Guest Co-editor, a special issue on macroeconomics, Academia Economic Papers, 2024-2026
  • Editorial Board, a special issue on macro and open economics: theory and empirics, Academia Economic Papers, 2020-2022
  • Editorial Board, a special issue on the implications of COVID-19 for emerging Asia, Pacific Economic Review, 2020
  • Editor, Taiwan Economic Review, August 2014-July 2018
  • Editorial Board, Taiwan Economic Review, August 2012-July 2014, August 2018-July 2022

​AWARDS AND HONORS
  • Project for Excellent Junior Research Investigators, Ministry of Science and Technology, 2018, 2019
  • Excellent Mentor Award, National Taiwan University, 2017
  • Excellent Teaching Award, National Taiwan University, 2005, 2007, 2008, 2009, 2011, 2015, 2018, 2019, 2020, 2024
  • Excellent Teaching Award, School of Social Science, National Taiwan University, 2010
  • Research Rewards, National Taiwan University, 2006-2011
  • Research Rewards, School of Social Science, National Taiwan University, 2006-2012
  • Research Rewards, Cener of Public Economics, National Taiwan University, 2006-2010
  • Wu Da-You Research Award, Ntaional Science Council of Taiwan, 2006

JOURNAL PAPERS

  • Spelta, A., Pecora, N., Chen, H.-J., 2025. Foreign Direct Investments and CO2 Emissions in Asia: A Data-Driven Optimal Transport Perspective. Journal of Economic Behavior and Organization 240, Article 107318
  • Azariadis, C., Chen, H.-J., Tsaur, J.-R., 2025. International Migration, Skill Choice, and Economic Growth. Review of International Economics 33, 1178-1200
  • Spelta, A., Pecora, N., Chen, H.-J., Huang, B., 2024. Understanding the Dynamics of the Global FDI Architecture: A Network Analysis. Annals of Operations Research: A Special Issue on Advances in Statistical Modelling for Social Science, https://doi.org/10.1007/s10479-024-06382-x
  • Chen, H.-J., Huang, S.-C., Miyazaki, K., 2024. Life Expectancy, Fertility, and Retirement in an Endogenous-growth Model with Human Capital. Economic Modelling 130, Article 106572
  • Chen, H.-J., 2023. Skill Choice and Dynamic Efficiency: The Effects of Skill Subsidies. International Review of Economics and Finance 88, 712-722 
  • Cavalli, F., Chen, H.-J., Li, M.-C., Naimzada, A., Pecora, N., 2023. Heterogeneous Expectations and Equilibria Selection in an Evolutionary Overlapping Generations Model. Journal of Mathematical Economics 104, article number 102806
  • Chen, H.-J., Miyazaki, K., 2021. Pay-as-you-go Social Security and Educational Subsidy in an Overlapping Generations Model with Endogenous Fertility and Endogenous Retirement. The B.E. Journal of Macroeconomics 22, 787-820
  • Chen, H.-J., 2021. Innovation and FDI: Does the Target of Intellectual Property Rights Protection Matter? Journal of International Money and Finance 118, article number 102458
  • Chen, B.-L., Chen, H.-J., Wang, P., 2021. Long-run Tax Incidence in a Human Capital-based Endogenous Growth Model with Labor-market Frictions. Macroeconomic Dynamics 25, 337-378. (NBER working paper 25783)
  • Chen, H.-J., Miyazaki, K., 2020. Labor Productivity, Labor Supply of the Old, and Economic Growth. Economics Bulletin 40, 277-285
  • Chen, H.-J., 2018. Innovation and Imitation in a Product-cycle Model with FDI and Cash-in-advance Constraints. Journal of Macroeconomics 58, 91-114
  • Chen, H.-J., 2018. Fertility, Retirement Age, and Pay-as-you-go Pensions. Journal of Public Economic Theory 20, 944-961
  • Chen, H.-J., 2018. Innovation, FDI, and the Long-run Effects of Monetary Policy. Review of International Economics 26, 1101-1129 
  • Chen, H.-J., 2018. Innovation and Imitation: Effects of Intellectual Property Rights in a Product-cycle Model of Skills Accumulation. Macroeconomic Dynamics 22, 1475-1509
  • Chen, H.-J., Liu, D., Liu, X., 2018. Social Status, Labor-market Frictions and Endogenous Growth. Japanese Economic Review 69, 226-250 
  • Chen, H.-J., Miyazaki, K., 2018. Fertility and Labor Supply of the Old with Pay-as-you-go Pension and Child Allowances. The B.E. Journal of Macroeconomics (Advances) 18, article number 20160182
  • Chen, H.-J., Li, M.-C., Lin, S.-X., 2018. Chaos for Implicit Difference Equations with Snap-back Repellers. Journal of Difference Equations and Applications, ​https://doi.org/10.1080/10236198.2017.1380003
  • Chen, H.-J., 2015. Intellectual Property Rights and Skills Accumulation: A Product-cycle Model of FDI and Outsourcing. Journal of Macroeconomics 46, 328-343
  • Chen, H.-J., Liu, X., 2015. International Migration, Skill Acquisition and Matching Frictions,” Economics Bulletin 35, 1469-1476
  • Chen, H.-J., 2015. Innovation and Intellectual Property Rights in a Product-cycle Model of Skills Accumulation. Review of International Economics 23, 320-344
  • Chen, H.-J., 2015. Child Allowances, Educational Subsidies and Occupational Choice. Journal of Macroeconomics 44, 327-342
  • Chen, H.-J., Li, M.-C., 2015. Stability of Symbolic Embeddings for Difference Equations and Their Multidimensional Perturbations. Journal of Differential Equations 258, 906-918
  • Chen, H.-J., Li, M.-C., 2013. Child Allowances, Fertility and Chaotic Dynamics. Chaos: An Interdisciplinary Journal of Nonlinear Science 23, 023106, http://dx.doi.org/10.1063/1.4802034
  • Chen, H.-J., Fang, I.-H., 2013. Migration, Social Security, and Economic Growth.  Economic Modelling 32, 386-399
  • Shaw, M.-f., Chang, J.-j., Chen, H.-J., 2013. Capital Adequacy and the Bank Lending Channel: Macroeconomic Implications. Journal of Macroeconomics 36, 121-137
  • Chen, H.-J., 2012. Social Status, Human Capital Formation and the Long-run Effects of Money. Journal of Economics 105, 225-246
  • Chen, B.-L., Chen, H.-J., Wang, P., 2011. Labor-Market Frictions, Human Capital Accumulation, and Long-Run Growth: Positive Analysis and Policy Evaluation. International Economic Review 52, 131-160
  • Chen, H.-J., Guo, J.-T., 2011. Money, Social Status and Endogenous Growth in a Generalized Cash-in-advance Model. Pacific Economic Review 16, 267-284
  • Chen, H.-J., 2011. Social Status and Long-run Effects of Monetary Policy in a Two-sector Monetary Economy of Endogenous Growth. Mathematical Social Sciences 61, 71-79
  • Chen, H.-J., 2011. Social Status, Human Capital Formation and Super-neutrality in a Two-sector Monetary Economy. Economic Modelling 28, 785-794
  • Chen, H.-J., Li, M.-C., 2011. Environmental Tax Policy, Habit Formation and Nonlinear  
    Dynamics. Nonlinear Analysis: Real World Applications 12, 246-253
  • Chen, H.-J., 2010. Life Expectancy, Fertility and Educational Investment. Journal of Population Economics 23, 37-56
  • Chen, H.-J., 2009. A Brain Gain or a Brain Drain: Migration, Endogenous Fertility and Human Capital Formation. Economic Inquiry 47, 766-782
  • Chen, H.-J., Li, M.-C., 2009. Habit Formation and Chaotic Dynamics in an N-Dimensional Cash-in-Advance Economy. Nonlinear Dynamics 58, 49-62
  • Chen, H.-J., Guo, J.-T., 2009. Social Status and the Growth Effect of Money. Japanese Economic Review 60, 133-141
  • Chen, H.-J., Hsu, C.-M., 2009. Demand Changes and Real Exchange Rate Dynamics in a Finite-horizon Model with Sectoral Adjustment Costs. Southern Economic Journal 75, 1191-1211
  • Chen, H.-J., 2008. The Endogenous Probability of Migration and Economic Growth. Economic Modelling 25, 1111-1115
  • Chen, H.-J., Li, M.-C., 2008. Human Capital Externality and Chaotic Equilibrium Dynamics. Mathematical and Computer Modelling of Dynamical Systems 14, 571-586
  • Chen, H.-J., Li, M.-C., Lin, Y.-J., 2008. Chaotic Dynamics in an Overlapping Generations Model with Myopic and Adaptive Expectations. Journal of Economic Behavior and Organization 67, 48-56
  • Chen, H.-J., Li, M.-C., 2008. Productive Public Expenditures, Expectation Formations and Nonlinear Dynamics. Mathematical Social Sciences 56, 109-126
  • Chen, H.-J., Li, M.-C., 2008. Chaotic Dynamics in a Monetary Economy with Habit Persistence. Journal of Economic Behavior and Organization 65, 245-260
  • Chen, H.-J., Lin, F.-L., 2007. Life Expectancy, Social Security and the Long-Run Economic Performance. Taiwan Economic Review 35, 1-31 (in Chinese)
  • Chen, H.-J., 2006. A Note on the Impact of Voucher Programs When There Are Nonlinear Peer Group Effects. Macroeconomic Dynamics 10, 685-698
  • Chen, H.-J., Li, M.-C., 2006. Imperfect Capital Mobility and Chaotic Dynamics of the Real Exchange Rate. Taiwan Economic Review 34, 373-391
  • Chen, H.-J., Hsu, C.-M., 2006. Current Account, Capital Formation and Terms of Trade Shocks: A Revisit of the Harberger-Laursen-Metzler Effect. Journal of Economics 88, 179-201
  • Chen, H.-J., 2006. International Migration and Economic Growth: A Source Country Perspective. Journal of Population Economics 19, 725-748
  • Chen, H.-J., Hsu, H.-T., 2005. The Role of Firm Size in Controlling Output Decline during the Asian Financial Crisis. Journal of Economic Development 30, 103-129
  • Chen, H.-J., 2005. Educational Systems, Growth and Income Distribution: A Quantitative Study. Journal of Development Economics 76, 325-353
  • Chen, H.-J., 2004. Human Capital Accumulation and Migration: A Brain Drain or a Brain Gain? World Scientific and Engineering Academy and Society (WSEAS) Transactions on Business and Economics 1, 28-31

CONFERENCES AND SEMINARS

  • 2026: ASSA Annual Meeting; CEANA Annual Meeting; National Taiwan University; Western Economic Association International (WEAI) International Conference; National Tsing-Hua University
  • 2025: World Congress of the Econometric Society; Central Bank of the Republic of China (Taiwan); WEAI Annual Conference; CEANA Annual Meeting
  • 2024: The 2024 Asia Meeting of the Econometric Society, East & Southeast Asia (AMES-E/SE); WEAI Annual Conference
  • 2023: WEAI Annual Conference
  • 2022: WEAI Annual Conference
  • 2021: National Cheng-Chi University; Asian Meeting of the Econometric Society; WEAI Annual Conference
  • 2020: CEANA Annual Meeting
  • 2019: Asian Meeting of the Econometric Society; National Tsing-Hua University
  • 2018: National Central University; National Chung-Cheng University; Society for the Advancement of Economic Theory (SAET) Annual Conference; Asian Meeting of the Econometric Society
  • 2017: Conference on Health and Development; Asian Meeting of the Econometric Society
  • 2016: Taipei International Conference on Growth, Trade, and Dynamics; CEANA  Annual Meeting
  • 2014: National University of Kaohsiung; SAET Annual Conference; Asian Meeting of the Econometric Society; Midwest Trade International Conference
  • 2013: Asian Meeting of the Econometric Society; CEANA Annual Meeting
  • 2012: National Chia-Yi University (Department of Applied Economics); National Cheng-Chi University; Central Bank of the Republic of China (Taiwan), National Central University; National Chung-Cheng University; WEAI Annual Conference; Conference of Public Economic Theory
  • 2011: CEANA Annual Meeting
  • 2010: National Tsing-Hua University; World Congress of the Econometric Society; SAET Annual Conference; Society for Economic Dynamics (SED) Annual Conference; Conference on Growth, Trade and Dynamics; CEANA Annual Meeting
  • 2009: National Cheng-Chi University (Department of Public Finance); Conference of Economic Growth, Dynamics, and Policies; Far East and South Asia Meeting of the Econometric Society; CEANA Annual Meeting
  • 2008: National Taiwan University (Dept. of Mathematics); Macroeconomics Conference of the Program for Promoting Excellent Universities; Conference of Public Economic Theory
  • 2007: Fu-Jen Catholic University; Far Eastern Meeting of Econometric Society; Conference of Economic Growth Theory; CEANA Annual Meeting
  • 2006: WEAI Annual Conference; Midwest Macroeconomic Meetings
  • 2005: Tamkang University (Dept. of Industrial Economics); WEAI Annual Conference; ASSA-CEANA Annual Meeting
  • 2004: National Cheng-Chi University (Dept. of International Trade); Shih-Hsin University; Conference on Macroeconomics and Development; Conference on Trade, Growth and Economic Dynamics; WEAI Annual Conference; North American Summer Meeting of the Econometric Society
  • 2003: Conference for World Scientific and Engineering Academy and Society (WSEAS) on Mathematics and Computers in Business and Economics; Conference of Computing in Economics and Finance; WEAI Annual Conference
  • 2002: National Taiwan University; Academia Sinica; National Chi-Nan University; National Dong-Hwa University; National Central University; National Cheng-Chi University (Dept. of International Trade); National Tsing-Hua University; National Taipei University; Conference for the Celebration of the 40th Anniversary of the Institute of Economics; WEAI Annual Conference

GRANTS

  • “Globalization, Foreign Direct Investments, and Macroeconomic Performance,” National Science and Technology Council, August 2024-July 2027
  • “Expectations, Retirement Age, and Economic Dynamics,” Ministry of Science and Technology, August 2021-July 2024
  • “Retirement Age, Fiscal Policies, and Economic Growth,” Ministry of Science and Technology, August 2019-July 2021
  • “Public Policies and Economic Development: Effects of Monetary Policies, Intellectual-Property-Protection Policies and Educational Policies,” Ministry of Science and Technology, August 2018-July 2019
  • "Innovation, Imitation and Pattern of Production," Ministry of Science and Technology, August 2015-July 2018
  • "The Pattern of Production under Globalization," Program for the Globalization Studies, the Institute for Advanced Studies in Humanities, National Taiwan University, August 2011-July 2016
  • "Educational Subsidies, Child Allowances and Economic Growth," National Science Council of Taiwan, August 2013-July 2015
  • "Intellectual Property Rights and Skills Accumulation: A North-South Model of FDI and Outsourcing," National Science Council of Taiwan, August 2011-July 2013
  • "Superneutrality, Social Status and Human Capital Formation," National Science Council of Taiwan, August 2009-July 2011
  • "Complex Dynamics in High-Dimensional Dynamical Systems: A CIA Model with Habit Persistence and an OLG Model with Productive Public Expenditures," National Science Council of Taiwan, August 2007-July 2009
  • Research Rewards, School of Social Science, National Taiwan University, 2006-2009.
  • Research Rewards, National Taiwan University, 2006-2008
  • "The Impact of International Migration on the Economic Performance of a Source Country," Program for the Globalization Studies, the Institute for Advanced Studies in Humanities, National Taiwan University, August 2006 - July 2011
  • "Persistent Habits of Environmental Quality and Green Tax," National Science Council of Taiwan, August 2006-October 2007
  • "Expectations and Chaotic Dynamics," National Science Council of Taiwan, July 2006-December 2006
  • "Capital Externality and Chaotic Equilibrium Dynamics," National Science Council of Taiwan, August 2005-July 2006
  • "The Impacts of International Migration on Economic Growth," National Science Council of Taiwan, August 2004-July 2005
  • "Equality or Growth? The Role of Voucher Programs and Peer Group Effects," National Science Council of Taiwan, August 2003-July 2004