Christopher F. Baum

from Wikipedia, the free encyclopedia

Christopher F. Baum is an American economist , professor at Boston College and research professor at the German Institute for Economic Research . Baum owes his position as one of the most research-oriented economists in the world to a large number of research contributions, especially in the fields of business administration , corporate finance and macroeconomics .

education

Baum earned a BA in Economics from Kalamazoo College in 1972 , an MA in Economics from Florida Atlantic University in 1973, and a Ph.D. in 1977. in Economics from the University of Michigan, Ann Arbor .

Professional background

After receiving his doctorate, Baum took a position as an assistant professor at Boston College in 1977 , where he was promoted to associate professor in 1983 . Since 2007 he has also been working as a research professor at the German Institute for Economic Research in the research area of ​​macroeconomics. During his academic career, Baum has given lectures on econometrics, financial markets, macroeconomic politics, monetary theory, and computational economics for undergraduate and graduate students . He is also an editor for the Journal of Statistical Software , the Stata Journal , Computational Economics and the International Journal of Computational Economics and Econometrics .

Baum's other activities included a seat on the Advisory Board of the Society for Computational Economics (2000–2002, 2004–2006), a position as Secretary General and Treasurer of the Society for Economic Dynamics and Control (1989–1992) as well as various advisory positions for international companies - e. B. Citicorp or Société Générale - and institutions - z. B. the International Monetary Fund .

research

According to the economic publications database IDEAS, Christopher F. Baum is one of the strongest research economists in the world and is currently 15th in the overall IDEAS ranking. Baum's most cited research paper is an article written in 2003 with Mark E. Schaffer and Steven Stillman called " Instrumental variables and GMM: Estimation and testing ". In this article, Baum, Schaffer, and Stillman examine instrument variable estimation methods in the context of the generalized moment method and describe an advanced instrument variable estimation routine that provides both moment estimates and additional diagnostic tests. Individual test processes for heteroscedasticity , over-identification, and endogeneity in the context of instrument variables are also described.

bibliography

Books

  • Baum, Christopher F. (2009): An Introduction to Stata Programming , College Station, TX: Stata Press.
  • Baum, Christopher F. (2006): An Introduction to Modern Econometrics Using Stata , College Station, TX: Stata Press.

Article (selection)

  • Baum, Christopher F., Mark E. Schaffer, Steven Stillman (2003): Instrumental variables and GMM: Estimation and testing. , in: Stata Journal, Vol. 3, No. 1, pp. 1-31.

Individual evidence

  1. ↑ Overall ranking of the economic publications database IDEAS (English)
  2. ↑ People at DIW Berlin.
  3. ↑ Overall ranking of the economic publications database IDEAS (English)
  4. ↑ Author profile of Christopher F. Baums on IDEAS (English)
  5. ↑ Article profile of Instrumental variables and GMM: Estimation and testing on IDEAS (English)

source

personal data
SURNAME Baum, Christopher F.
BRIEF DESCRIPTION American economist, university professor
DATE OF BIRTH 20th century