Hrishikesh Vinod
Hrishikesh D. Vinod is an economist who has been a professor of economics at Fordham University in New York since 1982. In March 2022, he was awarded the Benemerenti medal for his 40 years of service at Fordham University.
Early life and education
Vinod was born and raised in India in a Marathi speaking family. In 1959, he obtained a Bachelor of Commerce from the Brihan Maharashtra College of Commerce in the city of Pune. Vinod received his MA degree from the Delhi School of Economics in 1961. Later he won the IBM Fellowship at Harvard University to study economics.He received his PhD in economics from there in 1966.Faculty career
Vinod began his career as a teaching fellow at Harvard University in 1963. He was an assistant professor from 1965 to 1966 at the California State University, Fullerton then at the University of Iowa in 1966. Vinod served as a visiting professor of economics in the fall of 1986 at the University of Western Ontario and then at the University of Manchester in the summer of 1987. Since 1982, he has been a professor of economics at Fordham University in New York.Research
In 1969, Vinod was the first to solve the optimal clustering problems with integer programming and use inventory theoretic demand analysis. In 1976, he invented canonical ridge crucial for "regularization" in modern data science. He has pioneered a maximum entropy bootstrapping method for statistical inference for time series and new nonparametric tools for causality assessment.He has co-edited volumes 9, 41, and 42 of the Handbook of Statistics with statistician C. R. Rao. In a 2022 paper published by the Journal of Quantitative Economics, Vinod pioneered a maximum entropy bootstrap method for time series and used it to perform Rao-Blackwellization. According to the Research Papers in Economics, Vinod is ranked among the top 5% of economists worldwide in 14 out of 38 different categories, including the number of journal pages weighted by the recursive impact factor.