wliao

 

Wen-Chi Liao   (廖文琦)

Associate Professor

Department of Real Estate

National University of Singapore

E-mail: wliao@nus.edu.sg

Tel: +65-6516-3435

 

 

Education:

Ph.D., Economics, University of Minnesota – Twin Cities, U.S.A., June 2007

M.Com., Finance & IT, University of Sydney, Australia, January 2001

M.Ec., Economics, 1st Class Hons, University of Sydney, Australia, January 2000

B.A., Economics Soochow University, Taiwan, June 1996

 

Current Positions:

Associate Professor, Department of Real Estate, National University of Singapore (since 2014)

Affiliated Researcher, Institute of Real Estate Studies, National University of Singapore (since 2008)

 

Previous Positions:

Assistant Professor, Department of Real Estate, National University of Singapore (2007 – 2013)

Visiting Scholar, Federal Reserve Bank of Minneapolis (2004 – 2006)

Instructor, RA & TA at University of Minnesota, University of New South Wales, University of Sydney, and University of Western Sydney (2007; 2000 – 2005)

Soldier, R.O.C. Marine Corps (1996 – 1998)

 

Research Interests:

Urban and Regional Economics; Housing Economics; Industrial Organization; Labor Economics; Chinese Economies

 

Honors and Awards:

Best paper award (AsRES Conference Best Award), the 18th Asia Real Estate Society Annual Conference, Kyoto, Japan, 2013

Best paper award (Tokyo Property Management Award), the 15th Asia Real Estate Society Annual Conference, Taiwan, 2010

Dissertation fellowship, Chiang Ching-kuo Foundation of International Scholarly Exchange, U.S.A., 2005

Distinguished Instructor, Department of Economics, University of Minnesota – Twin Cities, 2003

 

Research Grants:

 “Human Capital, Labor Mobility and Regional Development in Southeast Asian Economies,” JYP-CARC Grant, NUS Global Asia Institute, PI, $85,700 SGD, 2014 – 2017.

“The Impact of Land Rights on Urban Redevelopment,” Asia-Pacific Region Grant, Chiang Ching-kuo Foundation of International Scholarly Exchange, PI, $34,000 USD, 2013 – 2015.

“Fiscal Decentralization and Firm Performance,” ARF-Tier-1 Grant, MOE, PI, $92,000 SGD, under review.

“Study of User Perception of Skyrise Greenery and Its Impact on Costs, Rent and Value of Property,” National Park Board, Collaborator, $135,100 SGD, 2012-2013.

“Applications of Spatial Econometrics,” ARF-Tier-1 Grant, MOE, PI, $42,000 SGD, 2009-2012.

“Outsourcing, Inequality and Cities,” ARF-Tier-1 Grant, MOE, PI, $50,000 SGD, 2008-2011.

   

Publications:

Liao, W.-C., Zhao, D., Sing, T. F. (2014) Risk attitude and housing wealth effect, Journal of Real Estate Finance and Economics 48, 467-491.

Liao, W.-C., Zhao, D., Lim, L. P., Wong, G. K. M., (2013) Foreign liquidity to real estate market: Ripple effect and housing price dynamics, Urban Studies, forthcoming

Liao, W.-C. (2012) Inshoring: The geographic fragmentation of production and inequality, Journal of Urban Economics 72, 1-16.

Liao, W.-C., Wang, X. (2012) Hedonic house price and spatial quantile regression, Journal of Housing Economics 21, 16-27.

Liao, W.-C. (2010) Outsourcing and computers: Impact on urban skill levels and rent, Regional Science and Urban Economics 40, 136-154.

 

Working Papers:

Fu, Y., Liao, W.-C. (2012) What Drive the Geographic Concentration of College Graduates in the United States? Evidence from Internal Migration.

Liao, W.-C., Li, P., Deng, Y. (2012) Firm Productivity, Agglomeration Benefit, and China’s Fiscal Reform.

Yu, S. M., Liao, W.-C., Chai, H. C. (2013) Skyrise Greenery in Singapore: Perceptions, Knowledge and Willingness to Pay

 

Work in Progress:

“Hong Kong Property Market,” with Wen-Tai Hsu and Tin Cheuk Leung

“Firm Performance in Shanghai,” with Qianjin Hao

Human Capital, Labor Mobility and Regional Development in Southeast Asia Economies,” with Yuming Fu

The Impact of Land Rights on Urban Redevelopment in Taiwan” with Tzu-Chin Lin and Jieming Zhu

“Asset Value Enhancement of Green Mark in Singapore” with Tien Foo Sing and Daxuan Zhao

“A New Economic Geography with Non-homothetic Preferences” with Wen-Tai Hsu

“Transport Connectivity in Singapore”

“Public Housing in Shanghai” with Qiang Li

“Land Market, Local Public Finance and Economic Growth in China” with Jipeng Zhang

 

Courses Taught:

Real Estate Economics Research Seminar (PhD), 2008; 2012-present

Public Policy and Real Estate Markets (BSc), 2009-2010; 2013-present

Economics of Real Estate Markets (MBA), 2008-present

Real Estate Economics (BSc), 2007-2012

Urban Policy and Real Estate Markets (MSc), 2007

Urban Economics (BA) (University of Minnesota), 2007

Chinese Economy (BA) (University of Minnesota), 2004

Principle of Macroeconomics (BA) (University of Minnesota), 2002-2003