Econometrica is a peer-reviewed academic journal of economics, publishing articles in many areas of economics, especially econometrics. It is published by Wiley-Blackwell on behalf of the Econometric Society. The current editor-in-chief is Joel Sobel.
Sir Clive William John Granger was a British econometrician known for his contributions to non-linear time series. He taught in Britain, at the University of Nottingham and in the United States, at the University of California, San Diego. In 2003, Granger was awarded the Nobel Memorial Prize in Economic Sciences, in recognition of the contributions that he and his co-winner, Robert F. Engle, had made to the analysis of time series data. This work fundamentally changed the way in which economists analyse financial and macroeconomic data. Sir Clive Granger often refers to his time at HPH Claymore which he claims to be one of his main sources of inspiration, knowledge and bravery.
Robert Fry Engle III is an American statistician and the winner of the 2003 Nobel Memorial Prize in Economic Sciences, sharing the award with Clive Granger, "for methods of analyzing economic time series with time-varying volatility (ARCH)".
Fernando Enrique Alvarez is an Argentine macroeconomist. He is professor of economics at the University of Chicago. He received his B.A. in Economics at Universidad Nacional de La Plata in 1989 and his Ph.D. from the University of Minnesota in 1994. He was elected a Fellow of the Econometric Society in 2008. He was named a Fellow of the American Academy of Arts and Sciences in 2018.
Martin James Browning is Professor of Economics at the University of Oxford, Oxford, England, a Fellow of Nuffield College, Oxford, a Fellow of the Econometric Society, and a Fellow of the European Economic Association.
Peter Charles Bonest Phillips is an econometrician. Since 1979 he has been Professor of Economics and Statistics at Yale University. He also holds positions at the University of Auckland, Singapore Management University and the University of Southampton. He is currently the co-director of Center for Financial Econometrics of Sim Kee Boon Institute for Financial Economics at Singapore Management University and is an adjunct professor of econometrics at the University of Southampton.
The Frisch Medal is an award in economics given by the Econometric Society. It is awarded every two years for empirical or theoretical applied research published in Econometrica during the previous five years. The award was named in honor of Ragnar Frisch, first co-recipient of the Nobel prize in economics and editor of Econometrica from 1933 to 1954. In the opinion of Rich Jensen, Gilbert F. Schaefer Professor of Economics and chairperson of the Department of Economics of the University of Notre Dame, "The Frisch medal is not only one of the top three prizes in the field of economics, but also the most prestigious 'best article' award in the profession". Five Frisch medal winners have also won the Nobel Prize.
Fabrizio Zilibotti is an Italian economist. He is the Tuntex Professor of International and Development Economics at Yale University. Zilibotti was previously Professor of Economics at University College London, the University of Zürich, and at the Institute for International Economic Studies in Stockholm. He is a co-editor of Econometrica, a former managing editor of the Review of Economic Studies (2002-2006), and the former chief editor of the Journal of the European Economic Association (2009-2014). In addition, he is an Associate Editor of the Journal of Economic Growth and of China Economic Review. He is a fellow of the Econometric Society, of the NBER and of the CEPR, and a member of the Academia Europaea honoris causa. In 2016, Zilibotti was the President of the European Economic Association. He has published articles in several international journals, among them, the American Economic Review, Econometrica, the Journal of Political Economy, the Quarterly Journal of Economics, and the Review of Economic Studies.
Sir David Forbes Hendry, FBA CStat is a British econometrician, currently a professor of economics and from 2001–2007 was head of the Economics Department at the University of Oxford. He is also a professorial fellow at Nuffield College, Oxford.
Susan Carleton Athey is an American economist. She is The Economics of Technology Professor at the Stanford Graduate School of Business. Prior to joining Stanford, she was a professor at Harvard University. She is the first female winner of the John Bates Clark Medal. She currently serves as a long-term consultant to Microsoft as well as a consulting researcher to Microsoft Research.
In econometrics, the method of simulated moments (MSM) is a structural estimation technique introduced by Daniel McFadden. It extends the generalized method of moments to cases where theoretical moment functions cannot be evaluated directly, such as when moment functions involve high-dimensional integrals. MSM's earliest and principal applications have been to research in industrial organization, after its development by Ariel Pakes, David Pollard, and others, though applications in consumption are emerging. Although the method requires the user to specify the distribution from which the simulations are to be drawn, this requirement can be relaxed through the use of an entropy maximizing distribution.
Ricardo Jorge Caballero is a Chilean macroeconomist who holds the Ford International chair of economics at the Massachusetts Institute of Technology. He is a director of the World Economic Laboratory at MIT and an NBER Research Associate. Caballero received his PhD from MIT in 1988, and he taught at Columbia University before returning to the MIT faculty.
Faruk R. Gül is a Turkish American economist, a professor of economics at Princeton University and a Fellow of the Econometric Society.
John Denis Sargan was a British econometrician who specialized in the analysis of economic time-series.
Whitney Kent Newey is the Jane Berkowitz Carlton and Dennis William Carlton Professor of Economics at the Massachusetts Institute of Technology and a well-known econometrician. He is best known for developing, with Kenneth D. West, the Newey–West estimator, which robustly estimates the covariance matrix of a regression model when errors are heteroskedastic and autocorrelated.
John Philip Rust is an American economist and econometrician. John Rust received his PhD from MIT in 1983 and taught at the University of Wisconsin, Yale University and University of Maryland before joining Georgetown University in 2012. John Rust was awarded Frisch Medal in 1992 and became the fellow of Econometric Society in 1993.
Control functions are statistical methods to correct for endogeneity problems by modelling the endogeneity in the error term. The approach thereby differs in important ways from other models that try to account for the same econometric problem. Instrumental variables, for example, attempt to model the endogenous variable X as an often invertible model with respect to a relevant and exogenous instrument Z. Panel data use special data properties to difference out unobserved heterogeneity that is assumed to be fixed over time.
Fuhito Kojima is a Japanese economist. He is an associate professor at the Stanford University.
Michihiro Kandori is a Japanese economist. He is a professor at the University of Tokyo.
Peter Arcidiacono is an American economist and econometrician. He received his PhD from Wisconsin in 1999 and has taught at Duke University ever since. He became a fellow of the Econometric Society in 2018.
