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The UCLA Department of Economics offers classes on a wide variety of topics and across several broad fields within Economics. Students begin with a strong foundation in the core areas of microeconomics, macroeconomics and econometrics. They then select courses from a set of upper division electives that address topics include microeconomic questions (How rational are […]
UCLA Department of Economics Professors Andrew Atkeson and Pierre-Olivier Weill, along with UCLA Anderson School of Management professor Andrea Eisfeldt, and former UCLA Ph.D student Adrien D’Avernas, co-authored a paper for the 33rd Annual Conference on Macroeconomics (April 12-13, 2018). Their paper, Government Guarantees and the Valuation of American Banks, is currently featured on the National Bureau […]
Like many of UCLA’s students, Sahil hails from northern California growing up in the quaint suburbs of the Bay Area. Growing up in high school, he was actively involved with his marching band, playing the alto saxophone and piano. Interestingly enough, Sahil’s affinity for jazz music and the opportunity to play for the marching band […]
Sir Ronald Fisher (1890-1962) is often regarded as the most influential statistician in 20th century. His 1935 book on “The Design of Experiments” sparked a revolution towards the use of the use of random assignments in assessing research inquiries. Fisher’s work is originally motivated by agricultural experiments. He explained how experiments that depart from the […]
A recent article in Bloomberg Opinion has cited a new study by UCLA Department of Economics Professor Martin Hackmann and University of Georgia professor Vincent Pohl. According to Bloomberg: The study uses comprehensive data on 1.4 million skilled nursing-home stays between 2000 and 2005 in California, New Jersey, Ohio and Pennsylvania. It takes advantage of two facts. First, […]
UCLA Department of Economics and UCLA’s Master of Applied Economics presented Economic Policy Challenges Facing California’s Next Governor on October 29th, 2018 in Korn Convocation Hall.
Professor Dora Costa, Chair of UCLA’s Economics Department & Kenneth L. Sokoloff Chair in Economic History, was recently featured in The Atlantic for her paper, “Intergenerational transmission of paternal trauma among US Civil War ex-POWs.” According to The Atlantic: The most recent [article] is a new study in the Proceedings of the National Academy of Sciences this week by researchers […]
ABSTRACT: In the unconditional moment restriction model of Hansen (), specification tests and more efficient estimators are both available whenever the number of moment restrictions exceeds the number of parameters of interest. We show that a similar relationship between potential refutability of a model and existence of more efficient estimators is present in much broader settings. […]
ABSTRACT: We propose a method for using instrumental variables (IV) to draw inference about causal effects for individuals other than those affected by the instrument at hand. Policy relevance and external validity turn on the ability to do this reliably. Our method exploits the insight that both the IV estimand and many treatment parameters can […]
UCLA Department of Economics