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Jerry A. Hausman is the John and Jennie S. MacDonald Professor of Economics at the Massachusetts Institute of Technology and a famous econometrician. He has also published numerous papers in applied microeconomics. He is the recipient of several prestigious awards including the John Bates Clark Medal in 1985 and the Frisch Medal in 1980.
He is perhaps most well known for his development of the Hausman specification test, the first easy method allowing scientists to evaluate if their statistical models correspond to the data.
He has done extensive work in the field of telecommunications, and is also recognized as an expert on antitrust and mergers, public finance and taxation, and regulation. Hausman also serves as the director of the MIT Telecommunications Economics Research Program.
His recent applied papers are on topics including the effect of new goods on economic welfare and their measurement in the CPI, new telecommunications technologies including cellular 3G and broadband, regulation of telecommunications and railroads, and competition in network markets. His recent econometrics papers include estimation of difference in difference models, semi-parametric duration models, weak instruments, and errors in variables in non-standard situations.
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