Adrian Pagan

Last updated

Adrian Pagan
Born
Adrian Rodney Pagan

(1947-01-12) 12 January 1947 (age 75)
Mungindi, Queensland, Australia
Nationality Australian
Institution University of Sydney
Field Econometrics
Doctoral
advisor
Deane Terrell
Contributions Breusch–Pagan test
Information at IDEAS / RePEc

Adrian Rodney Pagan AO (born 12 January 1947 in Mungindi, Queensland) is an Australian economist and Professor of Economics in the School of Economics at the University of Sydney. From 1995 to 2000, he was a member of the board of the Reserve Bank of Australia. [1]

Contents

Career

Pagan was educated at the University of Queensland, where he gained first class honours in Economics, and completed his PhD under Deane Terrell at the Australian National University in 1972. [2] [3] He has held visiting and permanent appointments at ANU and at a number of universities around the world including the University of Oxford, the University of Rochester, Princeton University, Yale University, Johns Hopkins University and the University of California at Los Angeles.

Major contributions

Pagan is known for work in time-series econometrics and hypothesis testing, notably including the Breusch–Pagan test for heteroscedasticity and other applications of the Lagrange multiplier test. His recent work has focused on macro-econometric modeling and its uses in policy analysis and for the explanation of business cycles.

Honours

Pagan is a Fellow of the Academy of Social Sciences in Australia, the Econometric Society and the Journal of Econometrics; a Medallist Fellow of the Modelling and Simulation Society of Australia and New Zealand; and has been awarded the Distinguished Fellow Medal of the Economic Society of Australia.

At the 2015 Australia Day Honours, Pagan was appointed an Officer of the Order of Australia for distinguished service to tertiary education as an academic economist, to the development of public policy research, as an author, and through contributions to professional and financial organisations. [4]

See also

Related Research Articles

James Heckman American economist (born 1944)

James Joseph Heckman is a Nobel Prize winning American economist who is currently at the University of Chicago, where he is The Henry Schultz Distinguished Service Professor in Economics and the College; Professor at the Harris School of Public Policy; Director of the Center for the Economics of Human Development (CEHD); and Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group. He is also Professor of Law at the Law School, a senior research fellow at the American Bar Foundation, and a research associate at the National Bureau of Economic Research. In 2000, Heckman shared the Nobel Memorial Prize in Economic Sciences with Daniel McFadden, for his pioneering work in econometrics and microeconomics. As of December 2020, according to RePEc, he is the second most influential economist in the world.

Colin Clark (economist)

Colin Grant Clark was a British and Australian economist and statistician who worked in both the United Kingdom and Australia. He pioneered the use of gross national product (GNP) as the basis for studying national economies.

John Quiggin Australian economist

John Quiggin is an Australian economist, a Professor at the University of Queensland. He was formerly an Australian Research Council Laureate Fellow and Federation Fellow and a Member of the Board of the Climate Change Authority of the Australian Government.

Warwick James McKibbin is an Australian Professor of Economics at the Australian National University who works across a wide range of areas in applied policy. He has published more than 200 scholarly articles and several books and is internationally known for his contribution to global economic modelling.

Mohammad Hashem Pesaran is a British-Iranian economist.

William A. Barnett American economist

William Arnold Barnett is an American economist, whose current work is in the fields of chaos, bifurcation, and nonlinear dynamics in socioeconomic contexts, econometric modeling of consumption and production, and the study of the aggregation problem and the challenges of measurement in economics.

Richard Blundell British economist

Sir Richard William Blundell CBE FBA is a British economist and econometrician.

Paul Lewis Joskow is an American economist and professor. He became President of the Alfred P. Sloan Foundation on January 1, 2008. He is also the Elizabeth and James Killian Professor of Economics, Emeritus at MIT. He has served on the MIT faculty since 1972. From 1994 through 1998 he was Head of the MIT Department of Economics. From 1999 through 2007 he was the Director of the MIT Center for Energy and Environmental Policy Research. Since rejoining in 2018 from his 1988-2007 term, Professor Joskow is Research Associate on the National Bureau of Economic Research (NBER).

Geoffrey Colin Harcourt was an Australian academic economist and leading member of the post-Keynesian school. He studied at the University of Melbourne and then at King's College, Cambridge.

Trevor Stanley Breusch is an Australian econometrician and was until his retirement Professor of Econometrics and Deputy Director of Crawford School of Public Policy at the Australian National University. He is noted for the Breusch–Pagan test from the paper "A simple test for heteroscedasticity and random coefficient variation". Another contribution to econometrics is the serial correlation Lagrange multiplier test, often called Breusch–Godfrey test after Breusch and Leslie G. Godfrey, which can be used to identify autocorrelation in the errors of a regression model.

Jock Robert Anderson is an Australian agricultural economist, specialising in agricultural development economics, risk and decision theory, and international rural development policy. Born in Monto, Queensland, he studied at the University of Queensland, attaining bachelor's and master's degrees in agricultural science. After graduation, Anderson joined the Faculty of Agricultural Economics at the University of New England. At New England, he focused on research in farm management, risk, and uncertainty and received a doctor of philosophy in economics in 1970. In 1977, Anderson co-authored a book, Agricultural Decision Analysis, which has served as an influential source on risk and decision analysis for agricultural economics researchers and the agricultural industry.

Geoff Raby Australian economist and diplomat

Geoffrey William "Geoff" Raby is an Australian economist and diplomat. He served as the Australian Ambassador to the People's Republic of China from February 2007 until August 2011. He is now the chairman and CEO of Geoff Raby and Associates, a Beijing-based business advisory firm. Raby currently sits on the board of an Australian subsidiary of Chinese state-run Yanzhou Coal Mining Company.

Ian Ross Harper AO FASSA FAICD is an Australian economist, economics professor and current dean of the Melbourne Business School.

Stuart Harris (public servant and academic)

Stuart Francis Harris is a retired Australian senior public servant and academic. He was born in London, England.

Vincent William John FitzGerald is a former senior Australian public servant, now a private consultant.

Guido Wilhelmus Imbens is a Dutch-American economist. In 2021 Imbens was awarded half of the Nobel Memorial Prize in Economic Sciences jointly with Joshua Angrist "for their methodological contributions to the analysis of causal relationships", with David Card awarded the other half. He has been Professor of Economics at the Stanford Graduate School of Business at Stanford University since 2012.

Maureen Brunt was an Australian economist and academic who specialised in the field of competition law. She was Emeritus professor of Economics at Monash University.

Imran Rasul is a professor of economics at University College London, managing editor of the Journal of the European Economic Association, and co-director of the Centre for the Microeconomic Analysis of Public Policy at the Institute for Fiscal Studies. His research interests include labour, development and public economics and he is considered to be one the leaders within social norms and capital economics.

Peter Bishop Dixon AO FASSA is an Australian economist known for his work in general equilibrium theory and computable general equilibrium models. He has published several books and more than two hundred academic papers on economic modelling and economic policy analysis.

Ann Margaret Harding is an Australian economist and Emeritus Professor at the University of Canberra.

References

  1. "RBA: Past & Present Board Members". Archived from the original on 14 May 2009.
  2. "Adrian Pagan CV" (PDF). Archived from the original (PDF) on 30 August 2006.
  3. Skeels, Christopher L. (2016). "The et Interview: Adrian Pagan". Econometric Theory. 32 (5): 1–40. doi:10.1017/S0266466615000201.
  4. "Officer (AO) of the Order of Australia in the General Division" (PDF). Official Secretary to the Governor-General of Australia. 26 January 2015. p.  18. Archived from the original (PDF) on 28 January 2015. Retrieved 26 January 2015.