Jerry Allen Hausman (born May 5, 1946) is the John and Jennie S. MacDonald Professor of

Economics Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and interac ...

at the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of moder ...

and a notable

econometrician Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics", '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8� ...

. He has published numerous influential papers in microeconometrics. Hausman is the recipient of several prestigious awards including the

John Bates Clark Medal The John Bates Clark Medal is awarded by the American Economic Association to "that American economist under the age of forty who is adjudged to have made a significant contribution to economic thought and knowledge." The award is named after the ...

in 1985 and the

Frisch Medal The Frisch Medal is an award in economics given by the Econometric Society. It is awarded every two years for empirical or theoretical applied research published in ''Econometrica'' during the previous five years. The award was named in honor of Ra ...

in 1980. He is perhaps most well known for his development of the

Durbin–Wu–Hausman test The Durbin–Wu–Hausman test (also called Hausman specification test) is a statistical hypothesis test in econometrics named after James Durbin, De-Min Wu, and Jerry A. Hausman. The test evaluates the consistency of an estimator when compared ...

. He has done extensive work in the field of

telecommunication Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

s, and is also recognized as an expert on

antitrust Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust l ...

and

mergers Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

public finance Public finance refers to the monetary resources available to governments and also to the study of finance within government and role of the government in the economy. Within academic settings, public finance is a widely studied subject in man ...

and

tax A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate and reduce negative externalities. Tax co ...

ation, and

regulation Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. Fo ...

. Hausman also serves as the director of the MIT Telecommunications Economics Research Program. His recent applied papers are on topics including the effect of new goods on economic welfare and their measurement in the CPI, new telecommunications technologies including cellular 3G and

broadband In telecommunications, broadband or high speed is the wide-bandwidth (signal processing), bandwidth data transmission that exploits signals at a wide spread of frequencies or several different simultaneous frequencies, and is used in fast Inter ...

, regulation of telecommunications and railroads, and competition in network markets. His recent econometrics papers include estimation of difference in difference models, semi-parametric duration models
mixed logit model, weak instruments
and

errors in variables In statistics, an errors-in-variables model or a measurement error model is a regression model that accounts for measurement errors in the independent variables. In contrast, standard regression models assume that those regressors have been meas ...

in non-standard situations. Hausman received his

B.A. A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts degree ...

from

Brown University Brown University is a Private university, private Ivy League research university in Providence, Rhode Island, United States. It is the List of colonial colleges, seventh-oldest institution of higher education in the US, founded in 1764 as the ' ...

summa cum laude in 1968, and his Ph.D. from

Nuffield College Nuffield College () is one of the Colleges of the University of Oxford, constituent colleges of the University of Oxford in England. It is a graduate college specialising in the social sciences, particularly economics, politics and sociology. N ...

Oxford University The University of Oxford is a 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 second-oldest continuously operating u ...

, where he was a

Marshall Scholar The Marshall Scholarship is a postgraduate scholarship for "intellectually distinguished young Americans ndtheir country's future leaders" to study at any university in the United Kingdom. It is considered among the most prestigious scholarshi ...

, in 1973, with thesis titled ''Theoretical and empirical aspects of vintage capital models''.

Selected publications

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References

External links

Hausman's faculty page at MIT
{{DEFAULTSORT:Hausman, Jerry A. 21st-century American economists 20th-century American economists Fellows of the Econometric Society American econometricians Marshall Scholars Brown University alumni Alumni of Nuffield College, Oxford Fellows of Nuffield College, Oxford Living people MIT School of Humanities, Arts, and Social Sciences faculty 1946 births Distinguished fellows of the American Economic Association