Adrian Rodney Pagan (born 12 January 1947 in

Mungindi Mungindi is a town and locality on the border of New South Wales (NSW) and Queensland, Australia. The town is within Moree Plains Shire in New South Wales. Within Queensland, the locality is split between the Shire of Balonne (the western part) ...

Queensland Queensland ( , commonly abbreviated as Qld) is a States and territories of Australia, state in northeastern Australia, and is the second-largest and third-most populous state in Australia. It is bordered by the Northern Territory, South Austr ...

) is an Australian economist and Professor of Economics in the School of Economics at the

University of Sydney The University of Sydney (USYD) is a public university, public research university in Sydney, Australia. Founded in 1850, it is the oldest university in both Australia and Oceania. One of Australia's six sandstone universities, it was one of the ...

. From 1995 to 2000, he was a member of the board of the

Reserve Bank of Australia The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. Th ...

Career

Pagan was educated at the

University of Queensland The University of Queensland is a Public university, public research university located primarily in Brisbane, the capital city of the Australian state of Queensland. Founded in 1909 by the Queensland parliament, UQ is one of the six sandstone ...

, where he gained first class honours in Economics, and completed his PhD under Deane Terrell at the

Australian National University The Australian National University (ANU) is a public university, public research university and member of the Group of Eight (Australian universities), Group of Eight, located in Canberra, the capital of Australia. Its main campus in Acton, A ...

in 1972. He has held visiting and permanent appointments at ANU and at a number of universities around the world including the

University of Oxford The University of Oxford is a collegiate university, collegiate research university in Oxford, England. There is evidence of teaching as early as 1096, making it the oldest university in the English-speaking world and the List of oldest un ...

, the

University of Rochester The University of Rochester is a private university, private research university in Rochester, New York, United States. It was founded in 1850 and moved into its current campus, next to the Genesee River in 1930. With approximately 30,000 full ...

Princeton University Princeton University is a private university, private Ivy League research university in Princeton, New Jersey, United States. Founded in 1746 in Elizabeth, New Jersey, Elizabeth as the College of New Jersey, Princeton is the List of Colonial ...

Yale University Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United Stat ...

Johns Hopkins University The Johns Hopkins University (often abbreviated as Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland, United States. Founded in 1876 based on the European research institution model, J ...

and the

University of California at Los Angeles The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California, United States. Its academic roots were established in 1881 as a normal school then known as the southern branch of the Ca ...

Major contributions

Pagan is known for work in

time-series In mathematics, a time series is a series of data points indexed (or listed or graphed) in time order. Most commonly, a time series is a sequence taken at successive equally spaced points in time. Thus it is a sequence of discrete-time data. E ...

econometrics and

hypothesis testing A statistical hypothesis test is a method of statistical inference used to decide whether the data provide sufficient evidence to reject a particular hypothesis. A statistical hypothesis test typically involves a calculation of a test statistic. T ...

, notably including the Breusch–Pagan test for

heteroscedasticity In statistics, a sequence of random variables is homoscedastic () if all its random variables have the same finite variance; this is also known as homogeneity of variance. The complementary notion is called heteroscedasticity, also known as hete ...

and other applications of the Lagrange multiplier test. His recent work has focused on macro-econometric modeling and its uses in policy analysis and for the explanation of business cycles.

Honours

Pagan is a Fellow of the

Academy of Social Sciences in Australia The Academy of the Social Sciences in Australia (ASSA) is an independent, non-governmental organisation devoted to the advancement of knowledge and research in the social sciences. It has its origins in the Social Science Research Council of Aus ...

, the

Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools in the practice of econometrics. It is an independent organization with no connections to societies of professional mathematicians o ...

and the

Journal of Econometrics The ''Journal of Econometrics'' is a monthly peer-reviewed academic journal covering econometrics. It was established in 1973. The editors-in-chief are Michael Jansson (University of California Berkeley) and Aureo de Paula (University College Lon ...

; a Medallist Fellow of the

Modelling and Simulation Society of Australia and New Zealand A model is an informative representation of an object, person, or system. The term originally denoted the plans of a building in late 16th-century English, and derived via French and Italian ultimately from Latin , . Models can be divided into ...

; and has been awarded the Distinguished Fellow Medal of the

Economic Society of Australia The Economic Society of Australia (ESA) is the peak body for Australian economists. It was established in 1925 and has branches in all states and the ACT. The current president is Matthew Butlin from Victoria The ESA gives the Young Economist Awa ...

. At the

2015 Australia Day Honours The 2015 Australia Day Honours were announced on 26 January 2015 by the Governor General of Australia, Sir Peter Cosgrove. The Australia Day Honours are the first of the two major annual honours lists, announced on Australia Day (26 January), wit ...

, Pagan was appointed an Officer of the Order of Australia for distinguished service to tertiary education as an academic economist, to the development of public policy research, as an author, and through contributions to professional and financial organisations.

References

{{DEFAULTSORT:Pagan, Adrian 1947 births Living people Australian economists Econometricians Officers of the Order of Australia People from South West Queensland Academic staff of Queensland University of Technology University of Queensland alumni Fellows of the Econometric Society Fellows of the Academy of the Social Sciences in Australia

Career

Major contributions

Honours

See also

References