Professor Rodney Strachan

Professor

School of Economics
Faculty of Business, Economics and Law
r.strachan@uq.edu.au
+61 7 336 56782

Overview

Rodney Strachan received his PhD from Monash University in 2000. His research focuses on Bayesian analysis, econometric theory, time series analysis, inference in time varying parameter and time varying dimension models, identification in reduced rank models and invariance. His current work is looking at specification and computation of large dimensional macroeconometric time series models. Rodney came to UQ from the Australian National University where he was a professor and the deputy head of the Research School of Economics.

Research Interests

  • Time Varying Parameter Models
  • Bayesian Econometrics
  • Macroeconometrics
  • Time Series Analysis
  • Modelling High Dimensional Dynamic Systems

Qualifications

  • Doctor of Philosophy, Monash University

Publications

View all Publications

Available Projects

  • Economies are large, complex and evolving so economic models need to be also. This project will 1) broaden the range of models that can be used for macroeconomic analysis to include models that are more realistic but difficult to compute. 2) Efficient computational methods will therefore be developed for these models. This innovative approach will then be applied to two applications at the forefront of current macroeconomic research (effects of noisy productivity signals on business cycles; effects of fiscal policy shocks). The project outputs will be broadly applicable to both policymakers and applied macroeconomists and should provide widespread and significant benefits by improving policy and boosting Australia‿s comparative advantage.

View all Available Projects

Publications

Featured Publications

Book Chapter

  • Koop, G., Strachan, R W, van Dijk, H. and Villani, M. (2006). Bayesian Approaches to Cointegration. In T.C. Mills and K. Patterson (Ed.), Palgrave Handbook of Econometrics Volume 1 Econometric Theory 1st ed. (pp. 871-898) UK: Palgrave Macmillan.

Journal Article

Conference Publication

PhD and MPhil Supervision

Completed Supervision

Possible Research Projects

Note for students: The possible research projects listed on this page may not be comprehensive or up to date. Always feel free to contact the staff for more information, and also with your own research ideas.

  • Economies are large, complex and evolving so economic models need to be also. This project will 1) broaden the range of models that can be used for macroeconomic analysis to include models that are more realistic but difficult to compute. 2) Efficient computational methods will therefore be developed for these models. This innovative approach will then be applied to two applications at the forefront of current macroeconomic research (effects of noisy productivity signals on business cycles; effects of fiscal policy shocks). The project outputs will be broadly applicable to both policymakers and applied macroeconomists and should provide widespread and significant benefits by improving policy and boosting Australia‿s comparative advantage.