John Chao

Associate Professor of Economics
Department of Economics
University of Maryland
College Park, MD 20742
Tel: 301-405-1579
Email: chao@econ.umd.edu

John Chao, Associate Professor, received his Ph.D. 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 weak 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; “An Exact Bayes Test of Asset Pricing Models with Application to International Markets” (with D. Avramov),  Journal of Business, 2006; "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.

A CV and a homepage are also available.