Random Quote: And in order to do good to others he would have needed, besides the principles which filled his mind, an unprincipled heart–the kind of heart that knows no general cases, but only of particular ones, and has the greatness of small actions. – Boris Pasternak
Economics
Research Interests
- Stochastic dynamics (particularly Markov processes)
- Computational and numerical methods (simulation, algorithms, etc.)
- Asset pricing
- Distribution dynamics (evolution and properties of firm, income and wealth distributions)
- Time series analysis
- Dynamic programming
- Optimal transport
- Assorted outliers, including economic development and the theory of the firm
You can find my papers and books in my list of publications.
Affiliations
I’m currently based at the Research School of Economics at Australian National University. My previous faculty position was at Kyoto University. In recent years I’ve also taught in the graduate programs at NYU and the University of Minnesota.
Coauthors
My coauthors include, in alphabetical order, Costas Azariadis, Jaroslav Borovicka, Toni Braun, Yiyong Cai, Takashi Kamihigashi, Tomoo Kikuchi, Huiyu Li, Yin Liao, Qingyin Ma, Vance Martin, Leonard J. Mirman, Kazuo Nishimura, Yoshihiko Nishiyama, Jeno Pal, Kevin Reffett, Guanlong Ren, Ryszard Rudnicki, Tom Sargent, Alexis Akira Toda, Cuong Le Van, Ole Wilms and Junnan Zhang.
PhD Students (Chair)
- Yiyong Cai, Akshay Shanker, Qingyin Ma, Guanlong Ren, Junnan Zhang, Chien Hsiang, Shu Hu