Adrian Rodney Pagan (born 12 January 1947 in

Mungindi Mungindi is a town and Suburbs and localities (Australia), locality on the border of New South Wales (NSW) and Queensland, Australia. The town is within Moree Plains Shire in New South Wales. Within Queensland, the locality is split between the ...

Queensland ) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , establishe ...

) is an Australian economist and Professor of Economics in the School of Economics at the

University of Sydney The University of Sydney (USYD), also known as Sydney University, or informally Sydney Uni, is a public research university located in Sydney, Australia. Founded in 1850, it is the oldest university in Australia and is one of the country's ...

. From 1995 to 2000, he was a member of the board of the

Reserve Bank of Australia The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. Th ...

Career

Pagan was educated at the

University of Queensland , mottoeng = By means of knowledge and hard work , established = , endowment = A$224.3 million , budget = A$2.1 billion , type = Public research university , chancellor = Peter Varghese , vice_chancellor = Deborah Terry , city = B ...

, where he gained first class honours in Economics, and completed his PhD under Deane Terrell at the

Australian National University The Australian National University (ANU) is a public research university located in Canberra, the capital of Australia. Its main campus in Acton encompasses seven teaching and research colleges, in addition to several national academies an ...

in 1972. He has held visiting and permanent appointments at ANU and at a number of universities around the world including the

University of Oxford , mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor ...

, the

University of Rochester The University of Rochester (U of R, UR, or U of Rochester) is a private university, private research university in Rochester, New York. The university grants Undergraduate education, undergraduate and graduate degrees, including Doctorate, do ...

Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...

Yale University Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...

Johns Hopkins University Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consi ...

and the

University of California at Los Angeles The University of California, Los Angeles (UCLA) is a public land-grant research university in Los Angeles, California. UCLA's academic roots were established in 1881 as a teachers college then known as the southern branch of the California ...

Major contributions

Pagan is known for work in

time-series In mathematics, a time series is a series of data points indexed (or listed or graphed) in time order. Most commonly, a time series is a sequence taken at successive equally spaced points in time. Thus it is a sequence of discrete-time data. Ex ...

econometrics and

hypothesis testing A statistical hypothesis test is a method of statistical inference used to decide whether the data at hand sufficiently support a particular hypothesis. Hypothesis testing allows us to make probabilistic statements about population parameters. ...

, notably including the Breusch–Pagan test for heteroscedasticity and other applications of the

Lagrange multiplier test In statistics, the score test assesses constraints on statistical parameters based on the gradient of the likelihood function—known as the ''score''—evaluated at the hypothesized parameter value under the null hypothesis. Intuitively, if the ...

. His recent work has focused on macro-econometric modeling and its uses in policy analysis and for the explanation of business cycles.

Honours

Pagan is a Fellow of the

Academy of Social Sciences in Australia The Academy of the Social Sciences in Australia (ASSA) is an independent, non-governmental organisation devoted to the advancement of knowledge and research in the social sciences. It has its origins in the Social Science Research Council of Austr ...

, the

Econometric Society The Econometric Society is an international society of academic economists interested in applying statistical tools to their field. It is an independent organization with no connections to societies of professional mathematicians or statisticians. ...

and the

Journal of Econometrics The ''Journal of Econometrics'' is a scholarly journal in econometrics. It was first published in 1973. Its current managing editors are Serena Ng and Elie Tamer, Torben Andersen and Xiaohong Chen serve as editors. The journal publishes work d ...

; a Medallist Fellow of the

Modelling and Simulation Society of Australia and New Zealand A model is an informative representation of an object, person or system. The term originally denoted the plans of a building in late 16th-century English, and derived via French and Italian ultimately from Latin ''modulus'', a measure. Models c ...

; and has been awarded the Distinguished Fellow Medal of the Economic Society of Australia. At the 2015 Australia Day Honours, Pagan was appointed an Officer of the Order of Australia for distinguished service to tertiary education as an academic economist, to the development of public policy research, as an author, and through contributions to professional and financial organisations.

References

{{DEFAULTSORT:Pagan, Adrian 1947 births Living people Australian economists Econometricians Officers of the Order of Australia People from Queensland Queensland University of Technology faculty University of Queensland alumni Fellows of the Econometric Society Fellows of the Academy of the Social Sciences in Australia

Career

Major contributions

Honours

See also

References