Rachel Ngai
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Rachel Ngai is a macroeconomist currently serving as Professor of Economics in the Imperial College London Business School[1] and an Associate Professor of Economics at the London School of Economics.[2] Her research focuses on economic growth, in addition to the structure of labor and housing markets.[1] According to Research Papers in Economics, she was among the top 350 female economists in the world by research output as of November 2023.[3]
Biography[edit]
Ngai received her BSc in Economics from the Hong Kong University of Science and Technology in 1996, and her PhD in Economics from the University of Pennsylvania in 2001.[4] Her dissertation research examined economic growth, in particular the role of perverse institutions and policies in determining when certain countries first achieve a modern growth path.[5]
After completing her PhD, Ngai joined the faculty of the London School of Economics, receiving tenure in 2007.[4] In addition to her academic appointments, she is an affiliate of the IZA Institute of Labor Economics[6] and Centre for Economic Policy Research, where she is a theme leader for Structural Transformation and Economic Growth.[4] She is also on the editorial boards of the European Economic Review[7] and Economic Theory.[8]
Ngai is married to Christopher A. Pissarides,[9] Regius Professor of Economics at the London School of Economics and recipient of the 2010 Nobel Memorial Prize in Economic Sciences.[10]
Research[edit]
Housing markets[edit]
In work with Silvana Tenreyro in the American Economic Review, Ngai examines seasonal trends in house prices in the US and UK, showing that prices are higher in summer than winter because buyers slightly prefer looking for homes during that time of years. Buyers' preferences cause more sellers to list in the summer months, such that the selection of homes is larger and search costs are lower. This inspires more buyers' to search in the summer, creating a self-reinforcing cycle that generates a large gap in prices across seasons.
References[edit]
- ↑ 1.0 1.1 "Home - Professor Rachel Ngai". www.imperial.ac.uk. Retrieved 2023-11-10.
- ↑ "Rachel Ngai". STEG. 2024-01-10. Retrieved 2023-11-10.
- ↑ "Top Female Economists Rankings | IDEAS/RePEc". ideas.repec.org. Retrieved 2023-11-10.
- ↑ 4.0 4.1 4.2 "Prof. Rachel NGAI | HKUST Jockey Club Institute for Advanced Study". ias.hkust.edu.hk. Retrieved 2023-11-10.
- ↑ Ngai, L. Rachel (October 2004). "Barriers and the transition to modern growth". Journal of Monetary Economics. 51 (7): 1353–1383. doi:10.1016/j.jmoneco.2003.12.005. ISSN 0304-3932.
- ↑ "L. Rachel Ngai | IZA - Institute of Labor Economics". www.iza.org. Retrieved 2023-11-10.
- ↑ "Editorial board - European Economic Review | ScienceDirect.com by Elsevier". www.sciencedirect.com. Retrieved 2023-11-10.
- ↑ "Economic Theory". Springer. Retrieved 2023-11-10.
- ↑ "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2010". NobelPrize.org. Retrieved 2023-11-10.
- ↑ Science, London School of Economics and Political. "Christopher Pissarides". London School of Economics and Political Science. Retrieved 2023-11-10.
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