Whitney Newey

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Whitney Kent Newey (born July 17, 1954 ) is an American economist . The main focus of his work is in the field of econometrics , he is particularly well known together with Kenneth West through the development of the Newey – West estimator for correcting the standard errors in the presence of autocorrelated error terms in the regression analysis .

Career, research and teaching

Newey studied at Brigham Young University , where he graduated in 1978 with a Bachelor of Arts . He then went to the Massachusetts Institute of Technology in Boston . There he completed his Ph.D. -Studies with the thesis "Specification Testing and Estimation Using a Generalized Method of Moments".

From 1983 Newey worked at Princeton University , first as an assistant professor and from 1988 as an associate professor . In 1990 he followed a call back to MIT, where he took on a professorship in the economics faculty. In 2004 he took over the Jane Berkowitz Carlton and Dennis William Carlton Chair at the university.

Newey's main focus is on econometrics, with publications describing economic relationships using stochastic models. He published regularly, especially on the quality of appraisers.

Newey has received several awards for his work. In 1987 he became a research fellow of the Alfred P. Sloan Foundation ( Sloan Research Fellow ). He has been a Fellow of the Econometric Society since 1989 and a Fellow of the American Academy of Arts and Sciences since 2007 .

Web links

Individual evidence

  1. ^ Past Fellows. Alfred P. Sloan Foundation, accessed July 25, 2019 .