
Theo S. Eicher
· Castor Professor of EconomicsUniversity of Washington · Economics
Active 1953–2025
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About
Theo S. Eicher holds the Castor Professorship in Economics at the University of Washington. He received his Ph.D. in Economics from Columbia University in 1994 and his BA in Chinese Studies and Economics from Grinnell College. His fields of interest include Development Economics, Economic Growth, International Finance, International Trade, and Macroeconomics. Professor Eicher has served as Editor of the European Economic Review, on the Editorial Board of the Journal of Macroeconomics, and on the Advisory Council of the Revista de Ciencias Económicas. He is the founding director of the UW Economics Policy Research Center, a forum to engage public and private sector stakeholders in economic policy discussions vital to the region. Additionally, he is an Affiliate Professor at the Jackson School of International Studies, Center for Global Studies, and at the Center for Statistics and the Social Sciences at the University of Washington. His visiting positions include institutions such as University Aix-Marseille, the International Monetary Fund, Universidad de Costa Rica, University of Munich, University of Leipzig, Institute of Advanced Studies (Vienna), Bonn University, Barcelona University, Technical University Zurich, University of Tübingen, and Oxford University (Nuffield College). For more information about his research, he maintains a personal website.
Research topics
- Economics
- Macroeconomics
- Political Science
- Public economics
- International economics
- Business
- Monetary economics
- Agricultural economics
- Finance
Selected publications
Robust FDI determinants: Bayesian Model Averaging in the presence of selection bias
Journal of Macroeconomics · 2012-02-22 · 166 citations
article1st authorCorrespondingThe elusive effects of trade on growth: Export diversity and economic take‐off
Canadian Journal of Economics/Revue canadienne d économique · 2016-02-01 · 46 citations
article1st authorAbstract The hallmark of the voluminous growth determinants literature is the absence of a clear‐cut effect of trade on growth. Numerous candidate regressors have been motivated by alternative theories and tested by a multitude of empirical studies, but not one trade regressor has been robustly related to growth. In this paper, we leverage Melitz's (2003) insights regarding sectoral export dynamics and Feenstra and Kee's (2008) approach to productivity and sectoral export diversity to propose a…
Two-Stage Bayesian Model Averaging in Endogenous Variable Models
Econometric Reviews · 2013-06-25 · 45 citations
article-values. A simulation study showed that 2SBMA has the ability to recover structure in both the instrument and covariate set, and substantially improves the sharpness of resulting coefficient estimates in comparison to 2SLS using the full specification in an automatic fashion. Due to the increased parsimony of the 2SBMA estimate, the Bayesian Sargan test had a power of 50 percent in detecting a violation of the exogeneity assumption, while the method based on 2SLS using the full specification had…
Did established Early Warning Signals predict the 2008 crises?
European Economic Review · 2015-05-07 · 36 citations
articleConstitutional rules as determinants of social infrastructure
Journal of Macroeconomics · 2018-06-15 · 26 citations
articleOpen access1st authorCorresponding
Frequent coauthors
- 28 shared
Stephen J. Turnovsky
University of Washington
- 21 shared
Cecilia García‐Peñalosa
- 17 shared
Chris Papageorgiou
International Monetary Fund
- 12 shared
Christian Henn
- 10 shared
Oliver Roehn
Organisation de Coopération et de Développement Economiques
- 9 shared
Alex Lenkoski
Norwegian Computing Center
- 8 shared
John Mutti
- 8 shared
Thomas Strobel
Ca' Foscari University of Venice
Education
Ph.D.
Columbia University
B.A., Chinese Studies and Economics
Grinnell College
Awards & honors
- Editor of the European Economic Review
- Advisory Council of the Revista de Ciencias Económicas
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