Cheng Hsiao
Cheng Hsiao is a Taiwanese-American economist, econometrician, and statistician who is a professor of economics at the University of Southern California. Hsiao is known for his works in time series analysis and panel data analysis.
Early life and education
Hsiao was born in Chongqing, China. Because his father was a member of the Kuomintang, Hsiao's family moved to Taiwan through British Hong Kong during the Retreat of [the government of the Republic of China to Taiwan|Great Retreat] after the Chinese Civil War.Hsiao was raised in Taiwan and received his primary and secondary education there. He graduated from National Taiwan University with a Bachelor of Arts in economics in 1965, then briefly served in the Republic of [China Air Force]. After finishing his military service, Hsiao was introduced by his father to Nobel laureate Friedrich Hayek, who wrote a letter recommending Hsiao for studies in England at the University of Oxford. As a member of Balliol College, Hsiao earned a Bachelor of Philosophy in 1968. He completed his B.Phil. thesis, "A probablistic analysis of optimum competitive tendering policies," under economist John Flemming.
After graduating from Oxford, Hsiao completed further graduate studies in the United States at Stanford University, earning his Master of Science in statistics in 1970 and his Ph.D. in economics from Stanford in 1972. His doctoral thesis, titled "The Combined Use of Cross-Section and Time-Series Data in Econometric Analysis," was supervised by professors Theodore Wilbur Anderson and Takeshi Amemiya.