John Chao

• Biography
• Research
• Teaching

Biography

John Chao, Associate Professor, received his PhD in Economics from Yale University in 1994. He taught at Pennsylvania State University prior to joining the Maryland faculty in 1995. He has also taught as a Visiting Professor at Yale University and at the Shanghai University of Finance and Economics and has held a visiting research position at the Academia Sinica in Taiwan. His current research focuses on IV regressions with many instruments, Bayesian econometrics, and the use of model selection methods in nonstationary time series analysis.

Professor Chao is an Associate Editor of Econometric Theory. Publications include: "Model Selection in Partially Nonstationary Vector Autoregressive Processes with Reduced Rank Structure" (with P. C. B. Phillips), Journal of Econometrics, 1999; "Consistent Estimation with a Large Number of Weak Instruments" (with N. R. Swanson), Econometrica, 2005; "Alternative Approximations of the Bias and MSE of the IV Estimator under Weak Identification with Application to Bias Correction" (with N.R.Swanson), Journal of Econometrics, 2007; "Asymptotic Distribution of JIVE in a Heteroskedastic IV Regression with Many Instruments" (with J.A.Hausman, W.K.Newey, N.R.Swanson, and T. Woutersen) forthcoming in Econometric Theory.

Areas of Interest:
IV regressions with many instruments, Bayesian econometrics and the use of model selection methods in nonstationary time series analysis

Research

Please visit http://www.econ.umd.edu/~chao/ for more information.

Teaching - Spring 2012

Teaching - Fall 2011

Course	Syllabus	WWW
ECON 623: Advanced Econometrics I
ECON 708: Advanced Topics in Applied and Theoretical Microeconomics
ECON 721: Econometrics III

Teaching - Spring 2011

Course	Syllabus	WWW
ECON 422: Econometrics I
ECON 624: Econometrics II

Teaching - Fall 2010

Course	Syllabus	WWW
ECON 623: Advanced Econometrics I
ECON 708: Advanced Topics in Applied and Theoretical Microeconomics
ECON 721: Econometrics III

Teaching - Spring 2010

Course	Syllabus	WWW
ECON 624: Econometrics II
ECON 708: Advanced Topics in Applied and Theoretical Microeconomics
ECON 709: Advanced Topics in Applied and Theoretical Macroeconomics

Teaching - Fall 2009

Teaching - Spring 2009

Teaching - Fall 2008