Pietro Balestra

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Pietro Balestra (born April 2, 1935 in Lugano , † June 23, 2005 in Geneva ) was a Swiss economist .

Life

Balestra, from Gerra (Gambarogno) , studied economics at the University of Freiburg and graduated in 1956 with a licentiate . He continued his education in the USA at the University of Kansas and at Stanford University , where he received his Ph.D. acquired.

In 1966 he returned to Switzerland and was appointed professor of econometrics at the University of Friborg. Since 1979 he has also been an associate professor at the University of Burgundy . In 1980 he was appointed professor at the University of Geneva , where he took over the management of the Department of Econometrics. Balestra was one of the founders of the University of Italian-speaking Switzerland and the first dean of the Faculty of Economics.

His main research areas were dynamic error component models and panel data. Balestra is best known for the generalized least squares estimator called the Balestra-Nerlove estimator. He was the first treasurer and founding member of the European Economic Association .

Awards

  • Fellow the Econometric Society
  • Fellow of the Journal of Econometrics
  • President of the Swiss Society for Economics and Statistics

Publications

  • with Marc Nerlove : Pooling Cross-Section and Time Series Data in the Estimation of Dynamic Models: The Demand for Natural Gas. In: Econometrica. July 1966
  • The Demand for Natural Gas in the United States. A Dynamic Approach for the Residential and Commercial Market. Amsterdam, 1967
  • On the Efficiency of Ordinary Least Squares in Regression Models. In: Journal of the American Economic Association. September 1970
  • with Mauro Baranzini: Some Optimal Aspects in a Two Class Growth Model with a Differentiated Interest Rate. In: Kyklos. Volume 2, 1971
  • Calcul Matriciel for Economists. Albeuve, 1972
  • Best Quadratic Unbiased Estimators of the Variance-Covariance Matrix in Normal Regression. In: Journal of Econometrics. March 1973
  • La derivation matricielle. Paris 1976
  • A Note on the Exact Transformation Associated with the First Order Moving Average Process. In: Journal of Econometrics. December 1980
  • A Note on Amemiya's Partially Generalized Least Squares. In: Journal of Econometrics. Volume 23, 1983
  • with J. Varadharajan-Krishnakumar: Full Information Estimation of a System of Simultaneous Equations with Error Component Structure. In: Econometric Theory. Volume 3, 1987
  • with Dennis Aigner: Optimal Experimental Design for Error Components Models. In: Econometrica. Volume 4, 1988
  • with Marc Nerlove: Formulation and Estimation of Econometric Models for Panel Data. In: The Econometrics of Panel Data. L. Matyas and P. Sevestre Eds., Amsterdam 1992

Web links

Individual evidence

  1. ^ J. Krishnakumar, E. Ronchetti: Panel Data Econometrics: Future Directions. Papers in Honor of Professor Pietro Balestra, Elsevier, Amsterdam, 2000
  2. ↑ See for example: JA Hausman and WE Taylor: Panel Data and Unobservable Individual Effects. In: Econometrica. Volume 49, 1981, p. 1377.
  3. ↑ See archived copy ( Memento of the original from March 22, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.econometricsociety.org
personal data
SURNAME Balestra, Pietro
BRIEF DESCRIPTION Swiss economist
DATE OF BIRTH April 2, 1935
PLACE OF BIRTH Lugano
DATE OF DEATH June 23, 2005
Place of death Geneva