John Chao, 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 theEconometrics Journal. 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; "Asymptotic Distribution of JIVE in a Heteroskedastic IV Regression with Many Instruments" (with N.R. Swanson, J.A. Hausman, W.K.Newey, and T. Woutersen),Econometric Theory, 2012; "Instrumental Variable Estimation with Heteroskedasticity and Many Instruments" (with J.A.Hausman, W.K.Newey, and T. Woutersen, and N.R.Swanson)Quantitative Economics, 2012; "Testing Overidentifying Restrictions with Many Instruments and Heteroskedasticity," (with J.A. Hausman, W.K. Newey, N.R.Swanson, and T. Woutersen),Journal of Econometrics, 2014.

Areas of Interest

  • IV Regressions with Many Instruments
  • Bayesian Econometrics and the Use of Model Selection Methods in Nonstationary Time Series Analysis
CV: 2015 - Chao CV.pdf48.73 KB

Degrees

  • Degree Type
    PhD
    Degree Details
    Yale University, 1994
Course Name Course Title Semester Syllabus
ECON721 Econometrics III Fall 2024
ECON828 Workshop in Econometrics Fall 2024
ECON828 Workshop in Econometrics Spring 2024
ECON721 Econometrics III Fall 2023
ECON828 Workshop in Econometrics Fall 2023
ECON423 Advanced Topics in Econometrics Spring 2023
ECON828 Workshop in Econometrics Spring 2023
ECON721 Econometrics III Fall 2022 Syllabus
ECON828 Workshop in Econometrics Fall 2022
ECON423 Advanced Topics in Econometrics Spring 2022
ECON828 Workshop in Econometrics Spring 2022
ECON624 Econometrics II Spring 2022
ECON721 Econometrics III Fall 2021
ECON828 Workshop in Econometrics Fall 2021
ECON423 Advanced Topics in Econometrics Spring 2021
ECON828 Workshop in Econometrics Spring 2021
ECON624 Econometrics II Spring 2021
Course Name Course Title Semester Syllabus
ECON624 Econometrics II Spring 2024
ECON624 Econometrics II Spring 2023
John Chao
3141 Tydings Hall
Department of Economics
Email
jcchao [at] umd.edu
Office Hours
Wednesday 2:00 PM - 4:00 PM or by appointment