Quick Links


  • Professor Chris Ragan Wins Fieldhouse Award:
    Chris Ragan has been well-known for the quality of his teaching since joining the Department in 1989. As the citation [.pdf] read in part: "Numerous nomination letters from former students praise his encyclopedic knowledge, clarity and ability to explain complex material… Like all excellent teachers, he is enthusiastic about his subject and accessible to students." Chris Ragan is the first economist to win the award.

    • Noted econometrician Jean-Marie Dufour joins the department:
      Jean-Marie Dufour joins the Department as William Dow Chair in Political Economy. Professor Dufour is one of the world’s leading theoretical econometricians and one of Canada’s most accomplished economists.

Among his many distinctions, he is a Fellow of the Econometric Society and the American Statistical Association, a member of the Royal Society of Canada, a past president of both the Canadian Economics Association and the Société canadienne de science économique, an officer of the Ordre national du Québec, as well as a winner of: the Rae Prize of the Canadian Economics Association (1994); a Killam Research Fellowship (1998-2000); the Marcel-Vincent Prize of the Association francophone pour le savoir (2005); the Konrad-Adenauer Research Award of the (2005) and the Killam Prize for Social Sciences (2006). Prof. Dufour is just finishing up a year as a Guggenheim Fellow. In March he was appointed to a five-year term as a Bank of Canada Research Fellow. With McGill’s Prof. Russell Davidson, he is one of only eight Fellows of the Econometric Society in Canada. McGill now has the largest number of such Fellows in Canada.

Professor Dufour’s work in econometrics has covered a remarkably wide array of theoretical and applied topics (especially in macroeconomics and finance). A common thread has been the development of econometric procedures well grounded in statistical theory, with a great emphasis on devising finite sample methods to deal with problems for which only large-sample methods are typically available. The topics on which he has worked include: (1) structural change analysis of econometric models; (2) statistical inference for structural models in the presence of identification difficulties and weak instruments; (3) multivariate modeling of macroeconomic time series, including methods for analyzing causality; (4) properties of forecasts from time series models; (5) statistical inference for computable general equilibrium models; (6) methods for analyzing poverty and income inequality; (7) statistical testing of asset pricing models; (8) statistical methods for testing random volatility models in financial time series; (9) invariance properties of asymptotic tests; (10) finite-sample methods in econometric models; (11) simulation-based inference procedures in econometrics; (12) distribution-free methods for time series analysis and econometrics; (13) optimal tests in econometrics.

Prof. Dufour has also done applied work on many topics, including: the economic evaluation of export financing; policy evaluation in developing countries based on computable general equilibrium models; taxation and investment; the construction of dynamic macroeconomic models; money demand; expectations modeling in macroeconomics; the relation between unemployment and inflation; the behavior of interest rates; the construction and the evaluation of asset pricing models, and more.

This research has led to a long list of publications, including, at latest count: eight books, monographs or special issues of journals; 22 articles in books and collections; 74 articles in refereed journals; 12 proceedings articles; two reviews; and many submitted papers and reports.M/p>

Born and raised in Montreal, Prof. Dufour received his first degree from McGill, a B.Sc. in Mathematics (in 1971). While here he took a number of courses in economics, including 250D, Honours Microeconomics, from the late Tom Asimakopulos. He went on to an M.A. in Statistics at l’Université de Montréal (1973), an M.A. in Economics at Concordia University (1974) and a Ph.D. in Economics at the University of Chicago in 1979, the same year he started teaching at l’Université de Montréal, where he has been since, most recently as Canada Research Chair in Econometrics.

In the coming academic year, Prof. Dufour will be teaching the winter term of the Honours undergraduate course in econometrics (154-467) and a graduate topics course in econometrics (154-706). He will also be supervising graduate students.

All his new colleagues in the Department and throughout the University are delighted to welcome Prof. Jean-Marie Dufour back to McGill.

  • The Department welcomes two new junior colleagues Erin Strumpf [.pdf] from Harvard's Health Policy and Economics Program and Markus Poschke [.pdf] a macroeconomist from the European University Institute.
  • Our own Professor Antal (Tony) Deutsch is one of 50 distinguished Hungarian-Canadians whose photo portraits are being shown in the National Arts Centre to mark last year’s 50th anniversary of the Hungarian uprising against Soviet rule. The display is moving to Budapest in February. The entire exhibit can be seen at the National Arts Centre (click on "New Lives"). Professor Deutsch's portrait [.pdf] by noted Toronto photographer, V. Tony Heuser, was taken on May 9, 2006 on the Leacock ground floor corridor where it reaches the wall of the Arts Building.