Recent Work
The department was founded in 1964 and has 35 permanent members. We are a relatively young group, all committed to a rigorous analytical approach to both teaching and research. As a consequence, we have a congenial and cooperative atmosphere in which department members take an unusually active interest in their colleagues' research. There are no social or administrative distinctions between junior and senior faculty, except on promotion decisions. Eight faculty members are Fellows of the Econometric Society, three are on the Econometric Society Council, and three are Fellows of the American Academy of Arts and Sciences. Five are NBER Research Associates, and twelve have NSF grants.
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There are 427 publications in this collection, published between 1998 and 2024. Showing 301 - 350.
Machina, Mark J; Granger, Clive W.J.: Structurally-Induced Volatility Clustering, 2002
Paye, Bradley S.; Timmermann, Allan: How Stable are Financial Prediction Models? Evidence from US and International Stock Market Data, 2002
Ramey, Valerie A; Francis, Neville: Is The Technology-Driven Real Business Cycle Hypothesis Dead? Shocks and Aggregate Fluctuations Revisted, 2002
Ruge-Murcia, Francisco J.: Methods to Estimate Dynamic Stochastic General Equilibrium Models, 2002
Starr, Ross M.: Existence of Uniqueness of "Money" in General Equilibrium: Natural Monopoly in the Most Liquid Asset, 2002
Starr, Ross M.: General Equilibrium in a Segmented Market Economy with Convex Transaction Cost: Existence, Efficiency, Commodity and Fiat Money, 2002
Starr, Ross M.: Monetary General Equilibrium with Transaction Costs, 2002
Starr, Ross M.: Monetary General Equilibrium With Transaction Costs, 2002
Watson, Joel: Contract, Mechanism Design, and Technological Detail, 2002
Watson, Joel; Brennan, Jim: The Renegotiation-Proofness Principle and Costly Renegotiation, 2002
White, Halbert; Kim, Tae-Hwan: Estimation, Inference, and Specification Testing for Possibly Misspecified Quantile Regression, 2002
Crawford, Vincent P.: Lying for Strategic Advantage: Rational and Boundedly Rational Misrepresentation of Intentions, 2001
den Haan, Wouter J.; SUMNER, STEVEN W: The Comovements Between Real Activity and Prices, 2001
den Haan, Wouter J.; Haefke, Christian; Ramey, Garey: Shocks and Institutions in a Job Matching Model, 2001
Engle, Robert F; Sheppard, Kevin K: Theoretical and Empirical Properties of Dynamic Conditional Correlation Multivariate GARCH, 2001
Evans, George W; Ramey, Garey: Adaptive Expectations, Underparameterization and the Lucas Critique, 2001
Giacomini, Raffaella; Granger, Clive W.J.: Aggregationn of Space-Time Processes, 2001
Granger, Clive W.J.; YOON, GAWON: Self-Generating Variables in a Cointegrated VAR Framework, 2001
Herrera, Ana Maria; Hamilton, James D.: Oil Shocks and Aggregate Macroeconomic Behavior: The Role of Monetary Policy, 2001
Klimenko, Mikhail; Ramey, Garey; Watson, Joel: Recurrent Trade Agreements and the Value of External Enforcement, 2001
Komunjer, Ivana: Consistent Estimation for Aggregated GARCH, 2001
Machina, Mark J: Almost-Objective Uncertainty, 2001
Muller, Ulrich; Elliott, Graham: Tests for Unit Roots and the Initial Observation, 2001
Owyang, Michael T.; Ramey, Garey: Regime Switching and Monetary Policy Measurement, 2001
Paparoditis, Efstathios; Politis, Dimitris N: Unit Root Testing via the Continuous-Path Block Bootstrap, 2001
Patton, Andrew J: Estimation of Copula Models for Time Series of Possibly Different Length, 2001
Patton, Andrew J: Modelling Time-Varying Exchange Rate Dependence Using the Conditional Copula, 2001
Rauch, J E; Watson, Joel: Entrepreneurship in International Trade, 2001
Rauch, J E; Casella, Alessandra: Overcoming Informational Barriers to International Resource Allocation: Prices and Ties, 2001
Schorderet, Yann: Revisiting Okun's Law: An Hysteretic Perspective, 2001
Schwartz, Alan; Watson, Joel: The Law and Economics of Costly Contracting, 2001
Starr, Ross M.: Why Is There Money? Endogenous Derivation of "Money" as the Most Liquid Asset: A Class of Examples, 2001
Timmermann, Allan: Structural Breaks, Incomplete Information and Stock Prices, 2001
Barth, Marvin J III; Ramey, Valerie A: The Cost Channel of Monetary Transmissions, 2000
Bertail, Patrice; Haefke, Christian; Politis, D N; White, Halbert: A Subsampling Approach to Estimating The Distribution of Diverging Statistics with Applications to Assessing Financial Market Risk, 2000
Betts, Julian: The Effects of Unions on Research and Development: An Empirical Analysis Using Multi-Year Data, 2000
Betts, Julian; Fairlie, Robert: Explaining Ethnic, Racial, and Immigrant Differences in Private School Attendance, 2000
Betts, Julian: The Impact of School Resources on Women's Earnings and Educational Attainment: Findings from the National Longitudinal Survey of Young Women, 2000
Betts, Julian; Costrell, Robert: Incentives and Equity Under Standards-Based Reform, 2000
BORJAS, GEORGE J; Ramey, Valerie A: Market Responses to Interindustry Wage Differentials, 2000
Broseta, Bruno; Costa-Gomes, Miguel; Crawford, Vincent P.: Cognition and Behavior in Normal-Form Games: An Experimental Study, 2000
Bull, Jesse; Watson, Joel: Evidence Disclosure and Verifiability, 2000
Carson, Richard T; Flores, Nicholas A: Contingent Valuation: Controversies and Evidence, 2000
Carson, Richard T; Mitchell, Robert Cameron: Public Preferences Towards Environmental Risks: The Case of Trihalomethanes, 2000
Crawford, Vincent P.; Kuo, Ping-Sing: A Dual Dutch Auction in Taipei: The Choice of Numeraire and Auction Form in Multi-Object Auctions with Bundling, 2000
Crawford, Vincent P.: John Nash and the Analysis of Strategic Behavior, 2000
den Haan, Wouter J.; Ramey, Garey; Watson, Joel: Liquidity Flows and Fragility of Business Enterprises, 2000
den Haan, Wouter J.; Ramey, Garey; Watson, Joel: Liquidity Flows and Fragility of business Enterprises, 2000
den Haan, Wouter J.; Levin, Andrew T: Robust Covariance Matrix Estimation with Data-Dependent VAR Prewhitening Order, 2000
Dittmann, Ingolf; Granger, Clive W.J.: Properties of Nonlinear Transformations of Fractionally Integrated Processes, 2000