James McDonald (economist)
Encyclopedia
James McDonald is an economist at Brigham Young University
Brigham Young University
Brigham Young University is a private university located in Provo, Utah. It is owned and operated by The Church of Jesus Christ of Latter-day Saints , and is the United States' largest religious university and third-largest private university.Approximately 98% of the university's 34,000 students...

, specializing in econometrics
Econometrics
Econometrics has been defined as "the application of mathematics and statistical methods to economic data" and described as the branch of economics "that aims to give empirical content to economic relations." More precisely, it is "the quantitative analysis of actual economic phenomena based on...

. He received his B.S. in Mathematics
Mathematics
Mathematics is the study of quantity, space, structure, and change. Mathematicians seek out patterns and formulate new conjectures. Mathematicians resolve the truth or falsity of conjectures by mathematical proofs, which are arguments sufficient to convince other mathematicians of their validity...

 from Utah State University
Utah State University
Utah State University is a public university located in Logan, Utah. It is a land-grant and space-grant institution and is accredited by the Northwest Commission on Colleges and Universities....

 in 1964; his M.S. in Mathematics from Utah State University
Utah State University
Utah State University is a public university located in Logan, Utah. It is a land-grant and space-grant institution and is accredited by the Northwest Commission on Colleges and Universities....

 in 1966; and his Ph.D. in Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

 from Purdue University
Purdue University
Purdue University, located in West Lafayette, Indiana, U.S., is the flagship university of the six-campus Purdue University system. Purdue was founded on May 6, 1869, as a land-grant university when the Indiana General Assembly, taking advantage of the Morrill Act, accepted a donation of land and...

in 1970.

His research includes (1) the study of models for the distribution of income and of stock returns and (2) partially adaptive estimators of various econometric models which are robust to many types of misspecification of the error distribution.

He has received the following awards for teaching and influential research: BYU Professor of the Year Award (1986), the Robert Mehr Research Award Journal of Risk and Insurance (2002), the Brigham Service Award Brigham Young University (2003); the Fellow Utah Academy of Sciences, Arts, and Letters (2003); and the Clayne L. Pope Professorship Brigham Young University (2006).

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