UCLA Economists awarded NSF Grants


John Asker won an NSF Grant entitled “Market Power and Resource Allocation” to examine how the global oil cartel OPEC impacts productive efficiency.

Denis Chetverikov and Zhipeng Liao also won an NSF grant entitled “Cross-Validation for High-Dimensional and Nonparametric Models in Econometrics” to study how to select a smoothing parameter for Lasso estimators that are commonly used to estimate high-dimensional models using “big data” and machine learning techniques.