Dr Peng Zhou
Reader in Economics
- zhoup1@cardiff.ac.uk
- +44 (0)29 2068 8778
- D47, Aberconway Building, Colum Road, Cathays, Cardiff, CF10 3EU
- Media commentator
- Available for postgraduate supervision
Overview
With a first-class degree in Philosophy at Peking University (北京大学) and an MSc in Economics and Finance at the University of York, I started my career in a consulting company, providing legal and financial advice for the government and businesses in infrastructure projects, such as power plants, water plants, sewage treatment plants, highways, and undergrounds. I left the company in 2007 to pursue my PhD in Economics at Cardiff University, focusing on macroeconomic DSGE modelling and applied microeconomics. Quantitative modelling and data analysis are my specialties.
After obtaining my PhD in 2012, I started my academic career as a lecturer in Economics and Finance at Cardiff Metropolitan University until 2016, and I was a guest lecturer at Cardiff University during the same time. In 2016, I formally joined Cardiff University (Economics Section, Cardiff Business School) and I am now a Reader in Economics.
My research in macroeconomics, entrepreneurship and policy evaluation has been published in top field journals such as Reginal Studies, Economic History Review, Annals of Tourism Research, Journal of Economic Behavior and Organization, etc.
Meanwhile, I keep a close connection with the industries, providing consultancy for Confused.com, Ausnutria Dairy Co., Ltd and Peril Capital Ltd. I also contributed to the quantitative evaluation of the Welsh government’s Independent Living Adaptation scheme in 2014 and investigating the health needs of the homeless in 2016 (jointly with Shelter Cymru). My published article on international trade has attracted a wide attention in the British government, and was invited to present my findings at the House of Parliament in Feb 2015 and May 2021. My collaborations and funded projects with researchers from People's Bank of China and China Development Bank exerted public-value impacts on green finance policies and financial reforms in China. I also wrote commentary articles for Oxford Analytica, with a wide readership ranging from United Nations to multinational businesses.
Biography
Education
- PhD Economics, Cardiff University, 10/2007-03/2012
- MSc Economics and Finance, York, 10/2005-09/2006
- BA Philosophy & BSc Economics (Dual), Peking University (北京大学), 09/2001-07/2005
Qualification
- WSET Level 2 Award in Wines and Spirits, 2 Nov 2018.
- The Higher Education Academy, PgC in Teaching in Higher Education, Jun 2013.
Membership
- The Royal Economic Society, 2011.
- The European Economic Association, 2014.
- The American Economic Association, 2016.
Honours and awards
- 2017: The Innovation in Learning and Teaching Award, Cardiff Business School.
- 2012: Chinese Government Award for Outstanding Self-Financed Students Abroad.
- 2008-2011: Overseas Research Students (ORS) Awards Scheme, HEFCW.
- 2007-2011: Julian Hodge Macroeconomic Study Bursary, Julian Hodge Bank, UK.
Professional memberships
- WSET Level 2 Award in Wines and Spirit Tasting (2018)
- Fellowship of The Higher Education Academy, since 2013 (via PgC THE)
- Membership of The American Economic Association since 2016
- Membership of The European Economic Association since 2014
- Membership of The Royal Economic Society since 2011
Academic positions
- 2012-2016: Lecturer in Economics and Finance, Cardiff Metropolitan University.
Speaking engagements
- External Examiner: undergraduate and postgraduate economics programmes at Coventry University London (2022-26), University of Nottingham (2018-20), Kingston University London (2015-19), University of East London (2018-21); PhD viva: Birmingham University (2022), Nottingham Trend University (2022), University of Pretoria (2018).
- Guest Lectures at Swansea University (03.02.2022), Sanjiang University (07.2022), Keele University (04.03.2020), University of Birmingham (07.02.2020), Beijing Jiaotong University (24.06.2019), Xiamen University (15.04.2019), Southeast University (06.09.2018, 01.09.2021, 21.10.2021), Harbin Institute of Technology (03.09.2018), National Tsinghua University (10.04.2018), Dongbei University of Finance and Economics (23.03.2018), University of International Business and Economics (22.03.2018), Capital University of Economics and Business (18.03.2018), Oxford University (20.10.2015), Hunan University (10.04.2015), Nottingham Trent University (05.03.2014).
- Public Engagement: All-Party Parliamentary Group on Modern Language (20.05.2021), ITV (08.07.2019), The House of Parliament (22.02.2015).
Committees and reviewing
- Referee for the ESRC research fund applications, Reginal Studies, Energy Economics, Journal of Population Economics, Oxford Economic Papers, Journal of Financial Markets Institutions and Money, Socio-Economic Planning Sciences, Applied Economics, Economic Modelling, etc.
Publications
We are currently unable to retrieve the list of publications. Visit our institutional repository.Teaching
Teaching commitments
- BS1547 Introduction to Economics (2016-now)
- BS2549 Macroeconomic Theory (2016-now)
- BST179 Numerical Methods (2014-15)
- BST264 Empirical Finance (2015-16)
For more information, please go to my website.
Research Interests
- Macro Topics: Economic Growth, Business Cycles, Devolution
- Micro Topics: Innovation and Entrepreneurship, Culture and Institutions, Basic Goods
- Economic Modelling: DSGE Modelling, CGE Modelling, Agent-Based Modelling
- Econometric Modelling: Applied Microeconometrics, Applied Macroeconometrics
Research Grants in UK
- 2019-2020, An assessment of the possibilities, scope and practicality of a land value tax for Wales, £9,289 funded by Plaid Cymru (Party of Wales).
- 2016-2017, Health Needs of the Homeless, with Shelter Cymru, £39,649 funded by Cymorth Cymru: Published Paper Project Report
- 2016, Economic Effects of Income Tax Devolution in Wales, £2,000 funded by Peril Capital: Project Report Slides Poster
- 2014-2015, Economic Evaluation of Independent Living Adaptations, with Shelter Cymru, £38,110 funded by Welsh Government: Project Report
Research Grants in China
- 2021-2024, Currency circulation and government bonds market reform (货币回流的经济安全与国债市场渐进式开放策略研究), with Dong Guo (China Development Bank), ¥200,000 funded by The National Social Science Fund of China, grant number: 21BGJ074.
- 2018-2023, Prudential monetary policy in a double pillar regulation framework (双支柱调控框架下货币政策与宏观审慎政策协调机制研究), with Jianqiang Li (People's Bank of China), ¥200,000 funded by The National Social Science Fund of China, grant number: 18BJY237.
- 2020-2021, Yield curve of government bonds as the benchmarks of policy rates (基准策略：国债收益率曲线作为存贷款利率基准可行性研究), with Dong Guo (China Development Bank), ¥30,000 funded by Renmin University of China.
- 2020-2021, New strategies and standards of green bonds: the rise of blue bonds (将“构建海洋命运共同体”理念纳入中债绿色金融标准的策略研究：基于蓝色债券视角), with Dong Guo (China Development Bank), ¥30,000 funded by Renmin University of China.
- 2018-2021, Optimal Fiscal Policy in China (最优财政支出规模与结构的理论分析及基于中国数据的实证研究), with Dr Xiaodong Chen (XJTU), ¥200,000 funded by The National Social Science Fund of China, grant number: 18BJL031.
- 2018-2021, Technical Progress and Job Creation and Income Inequality (技术进步对岗位创造、收入不平等的影响：基于职位数据和DSGE的分析与预测), with Qiang Wu (UIBE), ¥100,000 funded by The Ministry of Education of China, grant number: 19YJA790089.
- 2018-2021, Public Service and Economic Development (公共服务均等化对武陵山片区经济发展的影响机制与实证研究), with Li Dai (Hunan University), ¥40,000 funded by The Natural Science Fund of Hunan Province, grant number: 2018JJ2067.
For more information, please go to my website.
Supervision
- Economic Growth
- Business Cycles
- Financial Economics
Current supervision
Past projects
- Co-supervisor (50%) for Edward Gould, Wage inequality in the United States (awarded 2021)
- Supervisor (100%) for Bing Gong on Bank competition, bank stability and credit constraint in Chinese bank system (awarded 2020)
- Co-Supervisor (50%) for Jiayi Huang on Chinese firm-bank switching behaviour (awarded 2019)
- Co-Supervisor (50%) for Xuanyang Zhang on trend inflation, nominal rigidity and optimal monetary policy (awarded 2018)
- Co-Supervisor (50%) for Nikos Tzivanakis on determinants of institutional quality in Europe (awarded 2018)
- Supervisor (100%) for Tarek Elbakly on comparative benefits of exchange rate operating exposure (awarded 2018)
- Supervisor (100%) for Nancy Youssef on the effect of board structure on mutual funds in Egypt (awarded 2016)