- 13 Apr, 23
Christopher Albert Sims 101: Influential Economist of Econometrics
Christopher Albert Sims 101: Who is the Famous American Economist? In this article on Zatrun.com, we will cover in detail everything you need to know about Christopher Albert Sims, the famous American economist who our readers are curious about.
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Who is Christopher Albert Sims?
Christopher A. Sims was born in Washington in October 1942. He is a leading academic in the fields of econometrics, time series and new neoclassical macroeconomics. He is currently a Harold B. at Princeton University. He holds the position of Helms Professor of Economics and Banking.
Christopher Albert Sims completed his undergraduate education in mathematics at Harvard University in 1959. He received his BA diploma in 1963 with great success. In 1963, he started his graduate studies at the University of California, Berkeley. However, he returned to Harvard University in July 1964 to continue his doctoral studies. He continued his doctoral studies here. He graduated from Harvard University in 1968 with a Ph.D. thesis titled “The Dynamics of Productivity Change: A Theoretical and Empirical Study”.
Christopher Albert Sims worked as an economics lecturer at Harvard University when he was a doctoral student. From 1968 to 1970, he was an assistant professor in economics at Harvard University. Then, from 1970 to 1974, he was an associate professor in economics at the University of Minnesota. Then, Sims worked as a professor of economics at the University of Minnesota from 1974 to 1990. Later, he joined Yale University, where he served as the Henry Ford II Professor of Economics from 1990 to 1999.
In 1999, Christopher Albert Sims began working at Princeton University, where he was the ’20 Professor of Economics, and has been involved as a professor of banking since 2004, up to the present day.
Christopher Sims has made important and influential contributions to the fields of econometrics and new neoclassical macroeconomic theory by authoring important articles. He focused on the “time series approach” in econometrics and conducted pioneering studies on the theory of Vector Autoregression (VAR) models and their empirical use with “Bayesian estimation”. In the new neoclassical macroeconomic studies, he put forward and developed new theories on the “price level for monetary policy” and “rational carelessness”.
Christopher Sims became a member of the Econometric Society in 1975 and was later elected its president in 1995. He also received honorary memberships at the American Academy of Arts and Sciences in 1988 and the National Academy of Sciences in 1989.