BizInsight@HKUST [Lunch Presentation Series] Does Political Compromises and Government Data Really Affect our Economy?


BizInsight@HKUST_Apr23_2019


In the US, the Government has the highest power over the control of a juridical system. Prof Deniz OKAT examines how the power struggle in government politics would compromise our welfare. Globally, the release of aggregated information by governments affect the financial market to a different level.  Prof Abhiroop MUKHERJEE looks into the interaction between financial markets and government data release. 

Compromising Welfare
The US Constitution includes many checks and balances that necessitate the ruling party to compromise with the opposition. The study by Prof Deniz OKAT looks into the nominations to the judiciary and found that confirmation in the Senate is more likely and faster when the President compromises on the strength of the candidate. This suggests that the system of checks and balances comes with a price.

Alternative Data and the Government Monopoly on Macroeconomic Numbers
Financial markets look to governments to learn about aggregate, “macro”-economic outcomes, because governments have unique power in putting together data. Prof Abhiroop MUKHERJEE studies if alternative data will make a difference  and if markets today already know what happened in the economy before the government releases this information.

 

Speakers

Prof Deniz OKAT                                                           Prof Abhiroop MUKHERJEE
Deniz OKAT.jpg         Abhiroop MUKHERJEE.jpg

Alumni Price
HKD150 per participant; HKD100 for HKUST Business School Alumni and Students
Allow Guest
Yes
Remarks

Light refreshments will be provided.

Enrollment
Please fill in the enrollment form.  A notification email and payment information will be sent to your email account shortly.

Arrangement of event in case of Bad weather
All programs would be suspended once the Rainstorm Black Warning or Typhoon Signal No.8 (or above) is hoisted, or there is information that the Warning or Signal would be hoisted within 1 to 2 hours before the event starts. Notification on reschedule or refund arrangement would be announced in due course.

Enquiry

For questions, please contact Mr Ray Lee on (852) 2358 8934 or insights@ust.hk.

Apr

23

Date
23.04.2019
Time

12:30 (Registration)
12:45 - 14:00 (Presentation and Q&As)

Venue

HKUST Business School Central - Rm 1501-02, 15/F Hong Kong Club Building, 3A Chater Road, Central, Hong Kong (MTR J3 Exit)

Event Host
Business School
Reg. Deadline
23.04.2019