In 1989, the Hong Kong government embarked on a program to increase the provision of first-year first-degree places. The expansion of tertiary education represents a large and exogenous increase in the supply of university graduates to the territory. This article measures the labor market...

This article provides the first empirical study on how the perceived changes of marital satisfaction affect marital stability using a unique data set obtained in Hong Kong. It is found that the change of marital satisfaction due to extramarital affairs clearly increases the probability of...

This paper takes Gary Becker's efficient marriage market hypothesis at face value and directly confronts it with data from Hong Kong. The theory of optimal assignment is used to develop an empirical model of spouse selection, which resembles a Tobit model. This model can address positive or...

This article analyzes the changes in income dispersion in Hong Kong during the period 1986-2006. The decile ratios indicate that while the income dispersion of the upper income class has widened substantially, the income dispersion of the lower income class has narrowed. Although changing...

The rationing of public housing reduces the efficiency of the match between public housing units and their occupants, as competing users cannot effectively convey their preferences through a price mechanism. This study investigates the costs of public housing from the perspective of the...

This paper classifies loyalty to supervisor into five dimensions, namely identification, internalization, dedication, effort and following supervisor. The results show that the 'effort' dimension has a positive effect on wage whereas the 'following supervisor' dimension has a negative effect on...

This article examines the economic returns to language ability of natives and Chinese immigrants in Hong Kong. Upon learning that the People's Republic of China would resume the exercise of sovereignty over Hong Kong in 1997, local residents flocked to learn Putonghua. Until now, the general...