21st Century Quantitative Economics. Volume 3

Author: Wang Tongsan
Publisher:
Publish Date: 2003-06-01
Features: At the beginning of this monograph is the keynote speech titled "Health, Wealth, and Talent" by Professor Michael McFadden of the United States. He received his Ph.D. from the University of Minnesota in 1962 and is currently the Director of the Econometrics Laboratory at the University of California, Berkeley. He has long been engaged in research on microeconometrics, with research topics including implicit variable models, choice models and their applications, sampling theory, production theory, consumption theory, and more. His current research topics include the trend of population aging, saving behavior, housing mobility, the ratio of health to mortality, and consumer demand analysis using econometric psychological data, among others. In 2000, he won the Nobel Prize in Economics together with Heckman for his "contributions to the principles and methods of analyzing discrete choices."