Manuel Arellano (born 19 June 1957) is a Spanish economist specialising in

econometrics Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8 ...

and empirical microeconomics. Together with Stephen Bond, he developed the Arellano–Bond estimator, a widely used GMM estimator for panel data. This estimator is based on the earlier article by Arellano's PhD supervisor,

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 ...

, and

Alok Bhargava Alok Bhargava (born 13 July 1954) is an Indian econometrician. He studied mathematics at Delhi University and economics and econometrics at the London School of Economics. He is currently a full professor at the University of Maryland School ...

(Bhargava and Sargan, 1983). RePEc lists the paper about the Arellano-Bond estimator as the most cited article in economics.

Biography

Manuel Arellano earned his undergraduate degree at

Universidad de Barcelona The University of Barcelona ( ca, Universitat de Barcelona, UB; ; es, link=no, Universidad de Barcelona) is a public university located in the city of Barcelona, Catalonia, in Spain. With 63,000 students, it is one of the biggest universities i ...

in 1979. Later in 1982, he began graduate studies in Econometrics and Mathematical Economics at

London School of Economics The London School of Economics and Political Science (LSE) is a public university, public research university located in London, England and a constituent college of the federal University of London. Founded in 1895 by Fabian Society members Sidn ...

and completed a Ph.D. in economics in 1985. After his graduation, he was employed as a research lecturer at

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

from 1985 to 1989 and had a research fellow at

Nuffield College, Oxford Nuffield College () is one of the constituent colleges of the University of Oxford in England. It is a graduate college and specialises in the social sciences, particularly economics, politics and sociology. Nuffield is one of Oxford's newer c ...

, from 1986 to 1989. From 1989 to 1992, he was a lecturer in economics at London School of Economics. From 1991 until now, he is a professor of Econometrics at

CEMFI CEMFI ( es, Centro de Estudios Monetarios y Financieros; English: Center for Monetary and Financial Studies) is an institution devoted to teaching and research in Economics. It was started in 1987, becoming the foundation of the Bank of Spain in 1 ...

, Madrid.

Publications

Books

*Panel Data Econometrics, Oxford University Press: Advanced Texts in Econometrics, Oxford, 2003. *Microeconometric models and Fiscal Policy, Editor, Institute for Fiscal Studies, London, 1994.

Articles

*Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application of Employment Equations, Review of Economic Studies, Volume 58, Issue 2, pp. 277–297 (with S. Bond). *Panel Data Models: Some Recent Developments. Included in the book: J.J. Heckman and E. Leamer (eds.): Handbook of Econometrics, Volume 5, Chapter 53, North-Holland, 2001 (with B. Honoré). * *

References

External links