Keynote Speakers

Ted Hannan Lecture (Time-series Econometrics)
Professor James D Hamilton
Professor and Department Chair, University of California at San Diego

James Hamilton is Chair of the Economics Department and Professor of Economics at the University of California. He graduated with a BA (Economics) from Colorado College in 1977 and received his MA and PhD from the University of California. He held the post of Professor and then A. Willis Robertson Professor of Economics at the University of Virginia between 1991 and 1993. Professor Hamilton is a Fellow of the Econometric Society a Research Associate with the National Bureau of Economic Research and has served as a Research Advisor to the Federal Reserve Bank of Richmond as well as Visiting Scholar at the Federal Reserve System, the Federal Reserve Bank of New York and the Bank of Portugal. He is Associate Editor of four journals including Journal of Business and Economic Statistics, Journal of Economic Dynamics and Control, Journal of Money, Credit and Banking and Review of Economics and Statistics. Professor Hamilton's research interests include time-series analysis with an emphasis on regime switching, non-linear time-series models and non-stationary time-series. In 1994, he published his well-known book Time Series Analysis (Princeton University Press) which was printed for the fourth time in 1999. He also researches in areas in macroeconomics such as business cycles and how oil price shocks impact on the macroeconomy. His research has been published in numerous journals, such as Econometrica, Journal of Econometrics, Journal of Political Economy and American Economic Review.

A.W. Phillips Lecture (Macroeconomics)
Professor Lawrence Christiano
Professor Economics, Northwestern University

Lawrence Christiano is a Professor of Economics in the Department of Economics at Northwestern University. He has a BA (History/Economics) and MA (Economics) from the University of Minnesota, a MSc in Econometrics and Mathematical Economics from the London School of Economics and was awarded his PhD from Columbia University in 1982. Presently, he is a Visiting Scholar at the Federal Reserve Bank of Cleveland and since 1992, has been a Consultant with the Federal Reserve Bank of Chicago. Professor Christiano was also a Visiting Scholar with the International Monetary Fund (IMF) in 1999 and 2000 and since September 1999 has conducted short courses on Monetary Economics at the Stockholm School of Economics, the IMF, Banca D'Italia, Bank of Portugal and European Central Bank. In the past, he has also advised the Board of Governors at the Federal Reserve System. He is currently an Associate Editor for 5 economics journals and has served as an Associate Editor for the American Economic Review. Lawrence's principal fields of interest include macroeconomics and applied time series analysis and his research in these areas has been published widely in journals such as Journal of Political Economy, Journal of Monetary Economics and American Economic Review.

Presidential Address
Professor Guy Laroque
Head of the Macroeconomics Group at INSEE-CREST and Professor of Economics at Ecole Polytechnique

Guy Laroque is Head of the Macroeconomics Group at INSEE-CREST and Professor of Economics at Ecole Polytechnique. He graduated from Ecole Polytechnique and Ecole Nationale de la Statistique et de l'Administration Economique (ENSAE). His career mainly is with INSEE, the french public agency responsible for collecting all statistics and producing economic studies, where he alternated between administrative and academic positions. On the administrative side, he has been responsible for the national accounts, short run forecasting and general economic studies. Professor Laroque's research deals with the microeconomic foundations of macroeconomics in a broad sense: game theory and equilibria with quantity rationing, inventories and commodity prices, durable goods and fixed costs of adjustement, finance and information, social security, simulation techniques for the estimation of nonlinear models. Professor Laroque has been the editor of Econometrica. He teaches at Ecole Polytechnique and ENSAE and has visited New York University and Princeton University. He is the current President of the Econometric Society.

Colin Clark Lecture (Microeconomics)
Professor Paul Klemperer
Edgeworth Professor of Economics, Nuffield College, Oxford

Paul Klemperer is the Edgeworth Professor of Economics at Oxford University, and a Fellow of the British Academy and of the Econometric Society. He was the principal auction theorist in the team that designed the U.K. government's auction of third generation mobile-phone licenses that raised over £22 billion. He has also advised the U.S. Federal Trade Commission, European Commission, U.K. Treasury, Competition Commission, National Audit Office, Office of Fair Trading, and DETR, and private companies. He has a BA in Engineering (1st Class Honours with Distinction) from Cambridge University, and an MBA (Top Student Award) and PhD from Stanford University. He has held visiting positions at M.I.T., Stanford, Berkeley, Yale, and Princeton Universities. He is past or present Editor or Associate Editor of 10 economics journals, and has authored numerous publications in industrial economics and economic theory including, most recently, The Economic Theory of Auctions (Elgar, 2000).

Lecture in Computational Economics
Dr. Kenneth Judd
Senior Fellow, Hoover Institution, Stanford

Kenneth Judd is a Senior Fellow at the Hoover Institution, Stanford. He has BAs in Mathematics and Computer Science, an MA in Mathematics and one in Economics and was awarded his PhD in Economics from the University of Wisconsin in 1981. He taught at the University of Chicago for one year before being Assistant Professor, Associate Professor and then Professor at KGSM at Northwestern University. He has also been Visiting Professor at both the University of Chicago and University of California - Berkeley. Kenneth is a Fellow of the Econometric Society and currently serves as Co-Editor for the Journal of Economic Dynamics and Control. Between 1997 and 1998, he was the Founding President of the Society for Computational Economics. He has been published
in many journals including Econometrica, Journal of Political Economy and American Economic Review. His book Numerical Methods in Economics was published by MIT Press in 1998. Dr. Judd's research interests include computational methods, public economics, industrial organization,economics of risk and uncertainty, and mathematical economics.

Invited Lecture in Finance
Professor John Y. Campbell
Otto Eckstein Professor of Applied Economics, Harvard

John Y. Campbell grew up in Oxford, England, and received a BA from Oxford in 1979. He went to the United States to attend graduate school, earning his PhD from Yale in 1984. He spent the next ten years teaching at Princeton, moving to Harvard in 1994 to become the first Otto Eckstein Professor of Applied Economics. Campbell has co-edited the American Economic Review and currently edits the Review of Economics and Statistics; he is a Fellow and Council Member of the Econometric Society and the American Academy of Arts and Sciences, and Research Associate and former Director of the Program in Asset Pricing at the National Bureau of Economic Research. His research concerns asset markets, the macroeconomy, and the links between them. His graduate-level textbook on empirical finance, The Econometrics of Financial Markets, written with Andrew Lo and Craig MacKinlay, was published by Princeton University Press in 1997. His latest book on Strategic Asset Allocation: Portfolio Choice for Long-Term Investors, with Luis Viceira, was published by Oxford University Press in 2002. Campbell is also a founding partner of Arrowstreet Capital, LP, a quantitative asset management firm in Cambridge, Massachusetts.

Symposium: Computer-automated Model Specification Search
Professor David Hendry
Professor of Econometrics, Nuffield College, Oxford

David Hendry is a graduate in Economics of Aberdeen University. He received his M.Sc. and Ph.D. in Econometrics from London University, after studying at the London School of Economics, where he became Lecturer, Reader, and then Professor of Econometrics. Since 1982, he has been Professor of Economics and Fellow of Nuffield College, University of Oxford. He has held the post of Professor of Economics, University of California at San Diego, and has been a Visiting Professor at Duke University, UCSD, CORE (Catholic University of Louvain), Australian National University, the University of California at Berkeley, and at the Cowles Foundation, Yale University. He was President of the Royal Economic Society from 1992-95, and has been an Honorary Vice-President since 1995. He is a Fellow of the Econometric Society and a Foreign Honorary Member of the American Economic Association and the American Academy of Arts and Sciences, as well as a Fellow of the British Academy and of the Royal Society of Edinburgh. He has been awarded an Honorary LL.D. by Aberdeen University, an Honorary D.Sc. by Nottingham University, and an Honorary Dr.Phil. by the Norwegian University of Science and Technology, and an Honorary Dr.Oec.h.c., St. Gallen University. He received the Guy Medal in Bronze from the Royal Statistical Society, and is a Chartered Statistician. He was chairman of the UK Research Assessment Panel in Economics in 1996-7, and was a Leverhulme Personal Research Professor from 1995-200. Professor Hendry was Chairman of the Society for Economic Analysis from 1980 to 1984, and has served as the Econometrics Editor of both the Review of Economic Studies and the Economic Journal,as well as Editor of the Oxford Bulletin of Economics and Statistics and an Associate Editor of Econometrica. He was Econometrics Program Chairman of the European Econometric Society Meeting in Oslo, and Co-chairman of the (EC)2 Econometrics Meeting in Oxford. He has acted as Special Adviser to The House of Commons Select Committee on The Treasury and Civil Service Enquiries into Monetary Policy, and Official Economic Forecasting.

He researches into Monte Carlo methods, econometric methodology, cointegration and non-stationarity, econometric computing, history of econometrics, and economic forecasting. His main books include Econometrics: Alchemy or Science? - two editions, and Dynamic Econometrics; Co-integration, Error Correction and the Econometric Analysis of Non-Stationary Data (with A. Banerjee, J.J Dolado and J.W Galbraith); Interactive Monte Carlo Experimentation in Econometrics using PcNaive (two editions), GiveWin: An Interface to Empirical Modelling, and Empirical Econometric Modelling using PcGive (with J.A. Doornik - four editions); Foundations of Econometric Analysis (with M.S. Morgan); as well as Forecasting Economic Time Series and Forecasting Non-stationary Economic Time Series (both with M.P. Clements). He has published more than 150 papers and articles in academic books and journals.