Peter Charles Bonest Phillips (born 23 March 1948) is an
econometrician. Since 1979 he has been Professor of Economics and Statistics at
Yale University. He also holds positions at the
University of Auckland,
Singapore Management University and the
University of Southampton. He is currently the co-director of Center for Financial Econometrics of Sim Kee Boon Institute for Financial Economics at
Singapore Management University and is an adjunct professor of econometrics at the
University of Southampton.
Education
During his schooling, Phillips was the dux of
Mount Albert Grammar School
Mount Albert Grammar School, commonly known as MAGS, is a co-educational state secondary school in Mount Albert in Auckland, New Zealand. It teaches students in year levels 9 to 13. , Mount Albert Grammar School is the second largest school in ...
in New Zealand. He received a B.A. and M.A. from the University of Auckland and won prizes in both mathematics and economics. He received his
PhD PHD or PhD may refer to:
* Doctor of Philosophy (PhD), an academic qualification
Entertainment
* '' PhD: Phantasy Degree'', a Korean comic series
* ''Piled Higher and Deeper'', a web comic
* Ph.D. (band), a 1980s British group
** Ph.D. (Ph.D. albu ...
from
London School of Economics under the supervision of
John Denis Sargan
John Denis Sargan, FBA (23 August 1924 – 13 April 1996) was a British econometrician who specialized in the analysis of economic time-series.
Sargan was born in Doncaster, Yorkshire in 1924, and was educated at Doncaster Grammar School and ...
in 1974.
Research
He is a founding
editor
Editing is the process of selecting and preparing written, photographic, visual, audible, or cinematic material used by a person or an entity to convey a message or information. The editing process can involve correction, condensation, orga ...
of the journal ''
Econometric Theory''. Peter Phillips has published many theoretical articles and advanced many research areas in
econometrics. He has published important articles on continuous time econometrics, finite-sample theory,
asymptotic expansions In mathematics, an asymptotic expansion, asymptotic series or Poincaré expansion (after Henri Poincaré) is a formal series of functions which has the property that truncating the series after a finite number of terms provides an approximation to ...
,
unit root and
cointegration, long-range dependent
time series, and
panel data econometrics. He also introduced the use of the
functional central limit theorem
In probability theory, an empirical process is a stochastic process that describes the proportion of objects in a system in a given state.
For a process in a discrete state space a population continuous time Markov chain or Markov population model ...
to derive asymptotic distributions of unit roots tests. Phillips mainly used
frequentist statistical methods. Phillips has also supervised numerous Ph.D. students, including
Steve Durlauf. In 1993 he was elected as a
Fellow of the American Statistical Association.
According to the November 2015 ranking of economists by
Research Papers in Economics, he is the 5th most influential economist.
Festschrift
In 2012, The
Journal of Econometrics dedicated two
Festschrifts
Volume 169, Issues 1 and 2
/ref> to Phillips under the title ''Recent Advances in Nonstationary Time Series: A Festschrift in honor of Peter C.B. Phillips''.
Selected publications
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References
External links
*
Homepage
{{DEFAULTSORT:Phillips, Peter C. B.
1948 births
Living people
New Zealand economists
Time series econometricians
Yale University faculty
Academic staff of the University of Auckland
Yale Sterling Professors
People educated at Mount Albert Grammar School
Fellows of the Econometric Society
Fellows of the American Statistical Association
Fellows of the American Academy of Arts and Sciences
Corresponding Fellows of the British Academy
University of Auckland alumni
Alumni of the London School of Economics