M. Hashem Pesaran

Professor M. Hashem Pesaran is a leading academic in Econometrics and Macroeconomics at the University of Cambridge's Faculty of Economics. His research focuses on dynamic panel data models, asset pricing, climate change impacts, and spatial econometrics. He has contributed extensively to methodologies addressing cross-sectional dependence, factor models, and policy analysis. Notable works include advancements in testing for alpha in asset pricing, analyzing pandemic transmission via stochastic networks, and assessing climate change's macroeconomic effects. His empirical studies utilize large datasets and advanced econometric techniques, often with real-world policy implications.

Key research interests include:

• Econometric theory (panel data, factor models)
• Financial economics (asset pricing, risk premia)
• Macroeconomic policy (climate change, fiscal impacts)
• Spatial and network analysis (dominant units, SIR models)

Recent articles highlight his work on heterogeneous dynamic panels, climate effects on US states, and pandemic modeling. No explicit awards are listed, but his publications indicate peer recognition. Advising and grants are not detailed here, but his collaborative projects suggest extensive academic leadership.