WIM P.M. VIJVERBERG August 2020

Address PhD Program in Economics Tel: (212) 817-8262 City University of New York Graduate Center Fax: (212) 817-1514 365 5th Avenue E-mail: [email protected] New York, NY 10016-4309

Academics

Degrees Ph.D. Economics, December 1981, University of Pittsburgh Dissertation Title: “Labor Supply and Fertility Decisions: A Dynamic Model of the Economic Behavior of Married Women.” M.A. Economics, April 1979, University of Pittsburgh B.A. Econometrics, May 1975, Erasmus University of Rotterdam

Areas of Specialization Labor Economics, Econometrics, Development Economics, Small Enterprises

Research Interests Small-scale enterprises and the investment climate; Self-employment vs. wage employment; Earnings risk; Panel econometrics in the context of labor economics data; Discrete choice models; Education and labor market entry.

Current Employment September 2008 − present Professor, Ph.D. Program in Economics, City University of New York Graduate Center. July 2015 – June 2019 Executive Officer, Ph.D. Program in Economics, City University of New York Graduate Center.

Research

Publications “GMM inference in spatial autoregressive models,” with Süleyman Taşpınar, Osman Doğan, Econometric Reviews, 2018, 37, 8, 931-954. DOI: 10.1080/00927872.2016.1178885 . “Pregibit: a family of binary choice models,” with Chu-Ping C. Vijverberg, Empirical Economics, May 2016, 50, 3, 901-932. DOI 10.1007/s00181-015-0951-x.

1

“Linking Tukey's Legacy in Financial Risk Measurement,” with Chu-Ping C. Vijverberg and Suleyman Taspinar, Computational Statistics and Data Analysis, Annals of Computational Financial Econometrics, 2016, 100, August, 595-615. “Public Infrastructure as a Determinant of Intertemporal and Interregional Productive Performance in China,” with Feng-Cheng Fu and Chu-Ping C. Vijverberg, Journal of Productivity Analysis, August 2011, 36:1, 91-111. “Five Diagnostic Tests for Unobserved Cluster Effects,” with Jielai Ma, Communications in Statistics – Simulation and Computation, 2010, 39:6, 1212-1227. “On the Structure of Labor Demand: An Analysis of the DOT Data,” with Joop Hartog, Applied Economics, 2010, 42:13, 1747-1760. “Self-Selection Bias in Estimated Wage Premia for Earnings Risk,” with Bas Jacobs and Joop Hartog, Empirical Economics, October 2009, 37:2, 271-286. “Entrepreneurship, Selection and Performance: A Meta-analysis of the Role of Education,” with Justin van der Sluis and Mirjam van Praag, Journal of Economic Surveys, December 2008, 22:5, 795-841. The Rural Investment Climate: Analysis and Findings, with Kees van der Meer and Richard Burcroft, Washington DC: The International Bank for Reconstruction and Development / The World Bank, October 2008, 260+xx pages. “Returns to Schooling in Non-Farm Self-Employment in Ghana,” in V. Gupta, N. Levenburg, L. Moore, J. Motwani, and T. Schwartz (eds.), A Compendium on the Family Business Models Around the World (ten volumes) Hyderabad: ICFAI University Press, 2008, Vol: Family Business in Sub-Saharan Africa, Ch.2, p.19-38. “Schooling, Skills, and Risk,” with Joop Hartog, Economics of Education Review, December 2007, 26:6, 759-771. “On Compensation for Risk Aversion and Skewness Affection in Wages,” with Joop Hartog, Labour Economics, December 2007, 14:6, 938-956. “Diagnosing the Productivity Effect of Public Capital in the Private Sector,” with Chu-Ping C. Vijverberg, Eastern Economic Journal, Spring 2007, 33:2, 207-230. The Rural Investment Climate: It Matters and It Differs, with Kees van der Meer, Richard Burcroft, and Don Larson, Report 36543-GLB, Agriculture and Rural Development, The World Bank, June 2006, 143 pages. “Entrepreneurship Selection and Performance: A Meta-analysis of the Impact of Education in Developing Countries,” with Justin van der Sluis and Mirjam van Praag, World Bank Economic Review, November 2005, 19:2, 225-261. “Does Family Income Matter for Schooling Outcomes? Using Adoption as a Natural Experiment,” with Erik Plug, Economic Journal, October 2005, 119, 879-906.

2

“Probit in a Spatial Context: A Monte Carlo Analysis,” with Kurt Beron, in Luc Anselin, Raymond J.G.M. Florax, and Sergio J. Rey, eds., Advances in Spatial Econometrics, 169-195. Berlin: Springer Verlag, 2004. “Chow and Wald Tests for Parameter Equality under Conditions of Heteroskedasticity,” with Kyoun- Sup Chung, Korean Econometrics Review, June 2004, 15:2, 27-57. “Household Enterprises in Vietnam: Survival, Growth, and Living Standards,” with Jonathan Haughton, in David Dollar, Paul Glewwe, eds., Economic Growth, Poverty and Household Welfare: Policy Lessons from Vietnam, Ch. 4, 95-132, Washington DC: The World Bank, 2004. “Schooling, Family Background, and Adoption: Is It Nature or Is It Nurture?” with Erik Plug, Journal of Political Economy, June 2003, 111:3, 611-641. “Why Cooperate? Public Goods, Economic Power, and the Montreal Protocol,” with Kurt Beron and Jim Murdoch, Review of Economics and Statistics, May 2003, 85:2, 286-297. “Neighborhood Housing Prices: The Precise Distinction of Homogeneous Submarkets based on Chow and Wald Tests,” with Kyoun-Sup Chung, Housing Studies Review, May 2003, 11:1, 139- 153. “Household Enterprises in Vietnam: Survival, Growth, and Living Standards,” with Jonathan Haughton, Nghin Cuu Kinh T (Vietnam Economic Studies), 2003, no. 296 (pp. 44-57) and 297 (pp.30-40) (reprint in Vietnamese). “The Participation Decision versus the Level of Participation in an Environmental Treaty: A Spatial Probit Analysis,” with James C. Murdoch and Todd Sandler, Journal of Public Economics, February 2003, 87:2, 337-362. “Rectangular and Wedge-Shaped Multivariate Normal Probabilities,” Economics Letters, July 2000, 68:1, 13-20. “Household Enterprises,” with Donald C. Mead, in Margaret Grosh and Paul Glewwe, eds., Designing Household Survey Questionnaires for Developing Countries: Lessons from Fifteen Years of the Living Standards Measurement Study (Washington DC: The World Bank, 2000), Chapter 18: Vol. 2, 105-137; Vol. 3, 349-406. “The Impact of Schooling and Cognitive Skills on Income from Non-Farm Self-Employment,” in Paul Glewwe, ed., The Economics of School Quality Investments in Developing Countries: An Empirical Study of Ghana, (St. Martin’s Press, New York, 1999), Chapter 6, 206-252. “Nonfarm Household Enterprises in Vietnam,” in David Dollar, Paul Glewwe, and Jennie Litvack, eds., Household Welfare and Vietnam’s Transition, (World Bank, Washington DC, 1998), Chapter 5, 137-178. “The Quantitative Methods Component in Social Science Curricula in View of Journal Content,” Journal of Policy Analysis and Management, Fall 1997, 16:4, 621-629. “Public Capital and Private Productivity,” with Chu-Ping C. Vijverberg and Janet L. Gamble, Review of Economics and Statistics, May 1997, 79:2, 267-278.

3

“An Analysis of the Housing Market Before and After the 1989 Loma Prieta Earthquake,” with Kurt J. Beron, James C. Murdoch and Mark A. Thayer, Land Economics, February 1997, 73:1, 101-113. “Monte Carlo Evaluation of Multivariate Normal Probabilities,” Journal of Econometrics, January 1997, 76:1-2, 281-307. “Monte Carlo Evaluation of Multivariate Student's t Probabilities,” Economics Letters, July 1996, 52:1, 1-6. “Returns to Schooling in Non-Farm Self-Employment: An Econometric Case Study of Ghana,” World Development, July 1995, 23:7, 1215-1227. “Dual Selection Criteria with Multiple Alternatives: Migration, Work Status and Wages,” International Economic Review, February 1995, 36:1, 159-185. “Comparing Earnings Profiles in Urban Areas of an LDC: Rural-to-Urban Migrants vs. Native Workers,” with Lester Zeager, Journal of Development Economics, December 1994, 45:2, 177-199. “Job Complexity and Wages,” with Hans van Ophem and Joop Hartog, International Economic Review, November 1993, 34:4, 853-872. “Educational Investments and Returns for Women and Men in Côte d'Ivoire,” Journal of Human Resources, Fall 1993, 28:4, 933-974 (Symposium on Investment in Women's and Development); reprinted in T. Paul Schultz, ed., Investing in Women's Human Capital (Chicago: University of Chicago, 1995), Ch. 11, 304-342. “Measuring the Unidentified Parameter of the Roy Model of Selectivity,” Journal of Econometrics, May-June 1993, 57:1-3, 69-89. “Labor Market Performance as a Determinant of Migration,” Economica, May 1993, 60:238, 143-160. “Measuring Income from Family Enterprises with Household Surveys,” Small Business Economics, 1992, 4, 287-305; reprinted in Zoltan J. Acs, ed., Small Firms and Economic Growth (Cheltenham, UK: Edward Elgar Publ., 1994). “The Private Wage Sector in Côte D'Ivoire: Homogeneity or Heterogeneity?” with Jacques van der Gaag, Southern Economic Journal, October 1991, 58:2, 406-422. “Human Capital,” in Frank N. Magill, ed., Survey of Social Science: Economics (Pasadena, CA.: Salem Press, Inc., October 1991), 987-993. “Profits from Self-Employment: A Case Study of Côte d'Ivoire,” World Development, June 1991 19:6, 683-696. “Heteroskedasticity in Simultaneous Equation Systems: An Instrumental Variable Approach,” with Si- Gyoung Lee, Economics Letters, 1991, 37:2, 133-138. “Selectivity and Distributional Assumptions in Static Labor Supply Models,” Southern Economic Journal, January 1991, 57:3, 822-840.

4

“Non-Farm Self-Employment and the Informal Sector in Côte d'Ivoire: A Test of Categorical Identity,” Journal of Developing Areas, July 1990, 24:4, 523-542. “A Switching Regression Model of Public-Private Sector Wage Differentials in Peru: 1985-86,” with Morton Stelcner and Jacques van der Gaag, Journal of Human Resources, Summer 1989, 24:3, 545-559. “Wage Differentials and Moonlighting by Civil Servants: Evidence from Côte d'Ivoire and Peru,” with Morton Stelcner and Jacques van der Gaag, World Bank Economic Review, January 1989, 3:1, 67-95. “Wage Determinants in Côte D'Ivoire: Experience, Credentials and Human Capital,” with Jacques van der Gaag, Economic Development and Cultural Change, January 1989, 37:2, 371-381. “A Switching Regression Model for Wage Determinants in the Public and Private Sectors of a Developing Country,” with Jacques van der Gaag, Review of Economics and Statistics, May 1988, 70:2, 244-252. “Non-Normality as Distributional Misspecification in Limited Dependent Variable Models,” Oxford Bulletin of Economics and Statistics, November 1987, 49:4, 417-430. “A Test of Heterogeneity of Family and Hired Labour in Asian Agriculture,” with Anil B. Deolalikar, Oxford Bulletin of Economics and Statistics, August 1987, 49:3, 291-305. “Decomposing the Earnings Differentials in Peninsular Malaysia,” Singapore Economic Review, April 1987, 32:1, 24-36. “Consistent Estimates of the Wage Equation When Individuals Choose Among Income-Earning Activities,” Southern Economic Journal, April 1986, 52:4, 1028-1042. “Discrete Choice in Continuous Time as a Dynamic Programming Problem,” The American Economist, Fall 1984, 28:2, 9-17. “Discrete Choices in a Continuous Time Model: Lifecycle Time Allocation and Fertility Decisions,” in T.P. Schultz and K.I. Wolpin, eds., Research in Population Economics, Vol. 5 (JAI Press Inc., Greenwich, CT, 1984), 51-85. “The Heterogeneity of Family and Hired Labor in Agricultural Production: A Test Using District-Level Data From India,” with Anil B. Deolalikar, Journal of Economic Development, December 1983, 8:2, 45-69. “Applying Game Theory to Library Networks,” with Jacob Cohen, Journal of the American Society of Information Science, September 1980, 31:5, 369-374.

Selected Other Papers “Student Learning in a High-Stakes Accountability Environment: Spotlight on Student Ability,” with Daniel O’Brien, November 2004. “Early Human Capital Skills and Labor Market Entry.” May 2004.

5

“Effects of A Formulary Expansion on the Use of SSRIs and Health Care Services by Depressed Patients in California Medicaid Program,” with Lizheng Shi, Jeffrey S. McCombs, Thomas W. Croghan, Glen L. Stimmel, May 2001. “Betit: A Class That Nests Logit and Probit,” IZA Discussion Paper 222, December 2000. “Measuring Performance in Living Standards,” with Chu-Ping C. Vijverberg, October 1999. “Efficiency and Technological Change in Township-Village-Enterprises in China in 1983-1995,” with Yong-Sheng Chen, Political Economy Working Paper No. 98-3, March 1998. “Household Income and Micro-Enterprise Profitability in an Economy in Transition: Vietnam, 1992- 1993,” July 1997. “Small Sample Properties of Chow and Wald Tests under Conditions of Heteroskedasticity with an Application of Neighborhood Housing Prices,” with Kyoun-Sup Chung, September 1994, Political Economy Working Paper No. 95-27. “Non-Agricultural Family Enterprises in the Côte D'Ivoire: A Descriptive Analysis,” Welfare and Human Resources Division, The World Bank, LSMS Working Paper 46, April 1988. “Testing for Bivariate Normality with the Type-AA Distribution,” February 1986 (revised, November 1989). “Non-Normality in a Censored Two-Equation Model,” Discussion Paper 8508, Illinois State University, June 1985. “Time Diary Surveys: What Can We Learn From Them?” with Leslie A. Laufer, Center Discussion Paper 453, Yale University, February 1984. “Production Functions with Factor-Oriented Scale Sensitivity,” with John C.H. Fei and Chu-Ping C. Vijverberg, Center Discussion Paper 447, Yale University, December 1983. “Some Thoughts on Korliras’ “Disequilibrium Macro-Economic Model”,” Working Paper 125, Department of Economics, University of Pittsburgh, February 1981. “De Duur van de Werkloosheid” (“The Duration of Unemployment,” in Dutch), with Wouter Siddré, Ab van Ravenstein, and Ko de Vries, Discussion Paper 7605/G, Institute of Economic Research, Erasmus University of Rotterdam, 224 pages, June 1976.

Research Reports “Non-Farm Household Enterprises in Vietnam: A Research Project using Data from VHLSS 2004, VHLSS 2002 and AHBS 2003,” with Hoang Thi Thanh Huong, Nguyen Chien Tang, Nguyen Ngoc Que, Nguyen The Quan, Phung Duc Tung, and Vu Thi Kim Mao, The World Bank, Hanoi Office, July 2006. “Non-Farm Household Enterprises: Comparison of VHLSS and AHBS Concepts,” The World Bank, Hanoi Office, June 2006. “Epidemiological Search for Phenotypes of Math Failure,” with Robert W. Haley, Herve Abdi, Kurt J. Beron, J. Munro Cullum, Lee Holcombe, and Cheryl Silver, NIH Proposal, January 2005.

6

“Rural Investment Climate and Non-Farm Entrepreneurship in Living Standards Surveys.” Agriculture and Rural Development, The World Bank. February 2005. “Mandatory Testing: Inferring Student Ability From Test Scores,” with Daniel O’Brien, NSF Proposal, August 2002, August 2003. “Measuring the Investment Climate in Rural Areas,” Agriculture and Rural Development, The World Bank. August 2003. “Non-farm Enterprises in LSS Surveys. Annex A: Non-farm Enterprises in the Vietnam LSS. Annex B: Non-farm Enterprises in the Pakistan LSS. Annex C: Non-farm Enterprises in the Ecuador LSS.” The World Bank. February 1996. “Revising the Household Budget Survey in Moldova: A Workplan,” with Jules Theeuwes, The World Bank, April 1995. “Mission to Department of Statistics, Republic of Moldova, October 26 - November 5, 1994: Back to Office Report,” with Jules Theeuwes, The World Bank, December 1994. “Cost Sharing and Net/Gross Revenue Reporting by Non-Agricultural Enterprises in the Côte D'Ivoire Living Standards Survey.” Living Standards Division, Development Research Department, The World Bank, July 1986.

Teaching

Courses taught (CUNY Graduate Center, 2008-present) • Econometrics I • Econometrics II • Applied Microeconometrics • Panel Econometrics • Spatial Econometrics • Labor Economics I • Development Economics II • Research Methods and Writing in Economics

Dissertation Supervision

1. Zhiying Qi: post-proposal stage; due to financial and family reasons, student has been on leave since the Fall 1993 semester Proposal title (15 April 1993): “The economic determinants of manufacturing locations in the Philippines and implications for industrial dispersal policy.”

2. Janet Gamble (4 April 1997, Co-chair) “Ambient air pollution and daily mortality in North Texas, 1990-1994: a time series

7

analysis.”

3. Yong-Sheng Chen (8 April 1997) “The relative efficiency of township-village-enterprises in Mainland China.”

4. Hyo Park (9 April 1999) “Migration: the impact of earnings, life events, and labor market conditions.”

5. Mohammed Rab (November 2001) “Household Energy Demand in South Asia: An Approach towards Discrete/Continuous Models.”

6. Shungu Lokole (January 2004) “Human Capital Investments: Child Education and Economic and Cultural Incentives and Constraints in Côte d’Ivoire.”

7. Kalpana Pai (September 2004) “Academic Performance in Texas Schools: Micro-Econometric Models of Student Achievement.”

8. Kruti Dholakia (July 2006) “Determinants of Birth Outcomes in Texas.”

9. Irene Ngugi (April 2007) “The Effects of School Finance Equalization on Schooling Outcomes: A Study of the Robin Hood Policy in Texas.”

10. Priyanka Singh (January 2008) “Earnings Risk and Occupational Choice.”

11. Chunbei Wang (August 2008) “Self-employment among Hispanic and immigrant populations.”

12. Jielai Ma (March 2009) “Unobservable Clusters: Diagnostic Tests and Forecasts in the Dallas Housing Market.”

13. Yu Xue (July 2010; Supervision was transferred to another faculty due to my departure from UT-Dallas) “Essays on Occupational Choice and Human Capital Accumulation at Mid-Life.”

14. Emiko Fukase (July 2011) “Essays on Globalization, Skills and Development.”

15. Lei Zhang (July 2011; Supervision was transferred to another faculty due to my departure from UT-Dallas) “Three Essays on Macroeconomics and Applied Econometrics.”

16. Yan Jiang (June 2012)

8

“Essays on Labor Market Matching, Labor Mobility, and Educational Mismatch.”

17. Ilir Hysa (June 2013) “An analysis of the labor market, international migration and remittances during transition: the case of Albania.”

18. Takuya Hasebe (August 2013) “Essays in Labor Economics and Econometrics: Applications of the Copula Method.”

19. Suleyman Taspinar (June 2014) “Essays on robust estimators for non-identically distributed observations in spatial econometrics and time series models.

20. Osman Dogan (Feb 2015) “Three Essays on Spatial Econometrics: Estimation Methods and Applications.”

21. Benjamin Zweig (Feb 2015) “Essays on the economics and methodology of social mobility.”

22. Sheyi Oladipo (June 2016) “Globalization, Income Inequality and the Labor Market: A Case Study of South Africa.”

23. Gowun Park (April 2017) “Three Essays on Inequality in the United States.”

24. Aboozar Hadavand (June 2017) “Essays on Income Inequality”

25. Thomas Hauner (June 2016) “Essays on Inequality and Macroeconomic Stability.”

26. Anna Arakelyan (June 2017) “Who Influences Your Outcomes? The Effect of Culture and Ethnic Origin, Neighborhood, and Peers on Personal Income: A Spatial Econometric Analysis of New York City”

27. Orkideh Gharegozli (September 2018) “Synthetic Control and Dynamic Panel Estimation, A Case Study of Iran.”

28. Biwei Chen (February 2019) (Co-chair) “Shapes and Transitions of the Interest Rate Term Structure.”

29. Beila Leboeuf (June 2019) “Essays on Paid Family Leave in the United States.”

30. Olga Guska, (February 2020)

9

“Essays on the Application of the Machine Learning Methods in Finance and Policy Evaluation.”

31. Uchenna Oparah (April 2019) “Economics of Higher Education: Expenditures and Outcomes.”

32. Kumarappan Annamalai (September 2016, proposal) (Co-chair) “Essays on Macroeconomic Adjustments of Global Convergence.”

33. Ernesto Garcia (proposal October 2018) “Liquidity Commonality with Factor Models.”

34. Ye Yang (proposal May 2020) “A Thesis on Matrix Exponential Spatial Specification Models.”

35. Laxman Timilsina (pre-proposal)

36. Nishant Yonzan (pre-proposal)

37. Yoshiko Oka (pre-proposal)

38. Lucas Dowiak (pre-proposal)

39. Ercio Munoz Saavedra (pre-proposal)

Dissertation Committee Member

1. Anwar Al-Ali Quraan (June 1988) "Macroeconomic effects of worker remittances: the case of Jordan."

2. Cheon-Kwuan Kim (May 1990) "Economic diversity and stability of growth: U.S. metropolitan regions, 1978-1987."

3. Chinedu Lenard Inyama Anyanwu (August 1990) "The impact of arms production on industrial development: a statistical analysis of the LDCs."

4. James Guseh (August 1991) "Government size and economic growth: a political economy framework."

5. Barbara Kilbourne (December 1991) "Occupational skill, gender and earnings."

6. Sung-Jong Kim (May 1992) "Productivity of cities: theory, measurement and policy implications: the Korean case."

10

7. Hassan Ballout (September 1992) "Determinants of executive compensation."

8. Andrew Ewoh (August 1993) "Industrial structure, campaign contributions and policy outcomes."

9. Gang Chang (May 1994) "Savings, investment, and economic growth in developing countries: financial repression theory revisited."

10. Kyoun-Sup Chung (May 1994) "Hedonic models of housing prices: a critical appraisal of the assumptions."

11. Dejian Lai, Program of Mathematical Sciences (June 1994) "Contributions to non-linear time series analysis."

12. Aparna Mitra (August 1995) "The effects of firm and industry structures on black/white wage inequality in the U.S. economy - 1988."

13. Robert Coleman (May 1996) "Capital market inefficiency of firms financing research and development."

14. David Kelleher (April 1997) "The international provision of global public goods: the case of ozone layer preservation."

15. Vinod Sutaria (April 1999) “The dynamics of new firm formation: the case of the Texas manufacturing sector, 1976- 1991.”

16. Daniel O’Brien (July 1999) “Three essays on early academic achievement of minority and disadvantaged students.”

17. Yaw Hansen (March 2000) “Air Quality Valuation from Hedonic Models: Applications of Recent Estimation Techniques.”

18. Linda Loubert (April 2000) “The Political Economy of Public School Finance.”

19. Lei Li, School of Management (November 2002) “Multinationality and performance : efficiency, endogeneity, and dynamics”

20. Tae-Sun Kim (School of Management) (October 2005) “A study of bias and systematic change in nonlinear estimation of Bass model parameters”

11

21. Farahnaaz Khakoo (June 2006) “Evaluating the impact of disaggregated foreign assistance on economic development in Sub Saharan Africa: a cross-country analysis”

22. Justin Mausel (November 2006) “Economic Growth and Convergence in the : Evaluation Using a Multifaceted, Political Economic Approach.”

23. Fengxia (Cathleen) Xiao (April 2007) “Linking Venture-Capital Investment to New-Firm Formation.”

24. Justin van der Sluis, (April 2007) “Successful entrepreneurship and human capital”

25. Gian Aryani Abutalebi (November 2007) Proposal: “Bounded Rationality and Police Vehicles: The Political Economy of Law Enforcement Procurement Decisions.”

26. Vera Holovchenko (May 2008) “Essays in Entry into Characteristic and Geographic Spaces.”

27. Honsoo Kim (August, 2008) “Job mobility and pension participation.”

28. Ti-Jen Tsao (December 2009) “Robust Estimators for Finite Mixtures of Count Data Regression Models and their Applications.”

29. Jing Sun (December 2010) “Essays on Foreign Direct Investment and Development: Evidence from China and Indonesia.”

30. Lei Zhang (July 2011) “Three Essays on Macroeconomics and Applied Econometrics.”

31. Zhen Ma (May 2012) “A Summary of Some Estimators of Dynamic Panel Data Models and Their Applications.”

32. Igor Sorkin (May 2012, proposal; December 2015, defense) “Essays on Law of One Price in Financial Markets and the Recent Financial Crisis”

33. Luz Salas (June 2014) “Essays on Saving Behavior of Low-income Households in Colombia.”

34. Zhendong Zhao (September 2015) “Essays on the Economics of Aging.”

12

35. Hsinrong Wei (June, 2014) “Does Financial Openness Affect Economic Growth in Asian Economies? A Case Study in Selected Asian Economies, 1980-2010.”

36. Joanne Guo (August 2014, proposal) “Essays on the Impacts of Quantitative Easing on Financial Markets.”

37. Hyoung-Suk Shim (August 2015) “Economic Analysis of Transportation Systems.”

38. Aigbokhai Inuigbe (May 2016) “Empirical Essays in Health Economics.”

39. Onur Altindag (May 2016) “Three Essays on the Effects of Childbearing on Economic Well-being and Health.”

40. Alice Zulkarnain (May 2016) “Essays on the Well-being of an Aging Population.”

41. Lindsey Piegza (January 2017) “Housing Market Liquidity and the Effect on U.S. Unemployment: An Application of the Oswald Principle to the U.S. Housing Market and Extension Isolating Regional Housing Market Clearing Ability and the Associated Effect on Unemployment.”

42. Junnan Zhao (May 2017) “Essays on the Impact of Exchange Rate Movements on Stock Return and Country Output.”

43. Jun Lou (September 2017) “Habit Utility, Surplus Consumption and Moody Investors.”

44. Evan Warshaw (May 2018) “Essays On the Behavior of Equity Prices and Exchange Rates”

45. Flora Leventi (May 2017) “Three essays in the European sovereign debt crisis with a special focus on Greece.”

46. Efstathia Korkou (June 2017) “Gender and Financial Risk Aversion.”

47. Samuel Moon Young Jung (August 2017) “Essays on Financial Development and Income Inequality.”

48. Alev Yildirim (May 2018) “Essays on Banking and Corporate Finance”

13

49. Tzuhao Huang (September 2018) “Essays in New Keynesian Monetary Policy.”

51. Niloofar Sahebalzahami (September 2018) “Time Series and Cross Section Variation of Bold Risk Premia.”

52. Pablo Crespo (September 2019) “Essays on applied machine learning for implied volatility interpolation and artificial counterfactuals.”

53. Xiao Cheng (February 2020) “Global De-Diversification and Cross-Section of Stock Returns.”

54. Gunnar Poppe Yanez (April 2020) “Essays in Quantitative Models of Retirement and Health”

55. Miguel Acosta Henao (April 2020) “Essays in Macroeconomics of Emerging Markets”

56. Marius Mihai (April 2020) “Essays in Financial Economics and Applied Econometrics”

57. Ilhani Gunduz (July 2020) “Monetary and Fiscal Policies and the Stock Market.”

14