Robert James Hodrick (born September 12, 1950), is a U.S. economist specialized in International Finance. AB, Princeton, 1972; PhD, University of Chicago, 1976.
Until 1983, he served as a professor at
Carnegie-Mellon University
Carnegie Mellon University (CMU) is a Private university, private research university in Pittsburgh, Pennsylvania, United States. The institution was established in 1900 by Andrew Carnegie as the Carnegie Technical Schools. In 1912, it became t ...
, where he worked jointly with
Edward C. Prescott
Edward Christian Prescott (December 26, 1940 – November 6, 2022) was an American economist. He received the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, Nobel Memorial Prize in Economics in 2004, sharing the award with ...
on business cycle, and developed the
Hodrick–Prescott filter
The Hodrick–Prescott filter (also known as Hodrick–Prescott decomposition) is a mathematical tool used in macroeconomics, especially in real business cycle theory, to remove the cyclical component of a time series from raw data. It is used to o ...
to distinguish trends from cyclical fluctuations. He taught at
Northwestern University
Northwestern University (NU) is a Private university, private research university in Evanston, Illinois, United States. Established in 1851 to serve the historic Northwest Territory, it is the oldest University charter, chartered university in ...
and joined
Columbia University
Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Churc ...
in 1996.
References
External links
Website at Columbia University*
{{DEFAULTSORT:Hodrick, Robert J.
1950 births
Living people
21st-century American economists
Princeton University alumni
University of Chicago alumni
Columbia University faculty