CV

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JIE HOU 

1144 Commonwealth Ave
Apt. 20
Allston MA 02134 USA
Email: houjie15 AT gmail.com
Cell Phone: (857) 928-8963
Website: http://blogs.bu.edu/tyod
LinkedIn: http://www.linkedin.com/pub/jie-hou/4a/97/643/

QUALIFICATION
• Ph.D. in Economics with emphasis on time series econometrics, financial econometrics and finance, with a forthcoming paper in the Journal of Econometrics (top field journal)
• Rigorous and professional training in Probability Theory, Stochastic Calculus, Brownian Motion, Option Pricing and General Finance
• Demonstrated research and analysis ability in econometrics and mathematics
• Excellent knowledge in computer science, programming languages as C, C++, C#, JAVA
• Over five years of experience in econometric modeling, over four years of experience in managing data sets
CERTIFICATION
• SAS Certified Base Programmer for SAS 9.0 (License: BP034941v9)
• SAS Certified Advanced Programmer for SAS 9.0 (License: AP010187v9)
SKILLS
• MATLAB, Gauss, SAS, Stata, C, C++, C#, Software Engineering, Assembly language
• JAVA, JSP, SQL (with commercial software developing experience)
• MS Office, Apple iWork, LaTex, Scientific Workplace
EDUCATION
• Ph.D., Economics, Boston University, Boston, MA, May 2014
• M.S., Economics, HKUST, Clear Water Bay, Kowloon, Hong Kong, June 2007
• M.S., Mathematics, Tsinghua University, Beijing, China, June 2006
• B.A., Electronic Engineering, Tsinghua University, Beijing, China, June 2003
RESEARCH AND TECHNICAL EXPERTISE

–RESEARCH IN TIME SERIES ECONOMICS
Jie Hou and Pierre Perron, “Modified Local Whittle Estimator for Long Memory Processes in the Presence of Low Frequency (and Other) Contaminations,” January 2014, Journal of Econometrics 182 (2014) 309–328,  Download
• Propose a modified local-Whittle estimator of the memory parameter of a long memory time series process which has good properties under an almost complete collection of contamination processes
• Derive the theoretical rate of convergence and asymptotic distribution of estimates through advanced mathematical tools
• Discuss the bandwidth selection that can be applied by practitioners
• Use MATLAB to simulate the asymptotic and finite sample distributions of proposed estimators

Jie Hou and Pierre Perron, “Pivotal Inference on Structural Changes in Joint Trend Break Model with Heterogeneous Innovation,” April 2014. Download
• Derive the theoretical rate of convergence and asymptotic distribution of pivotal estimates and tests under heterogeneous innovation that has direct application in climate change and other aspects, through advanced mathematical tools
• Illustrate the advantage of OLS over MLE under heterogeneous innovation setting
• Use MATLAB to simulate the asymptotic and finite sample distributions of proposed statistics

“On the Existence of a Pivotal Statistic for a Broad Range of “Searching for Missing Regressor” Problems,” April 2014, Draft available upon request
• Introduce a general framework of SMR model that includes all structural break models as special cases
• Use advanced mathematical skills such as geometric in high- and infinite- dimensional metrics spaces as well as abstract algebra that rarely employed in the field of Econometrics previously to carry out rigorous analysis on the existence of pivotal test statistics under very general settings
• Our result in some sense is the opposite of the classical EVT (Extreme Value Theory) when assuming the set of statistics whose extreme value is derived is “strongly correlated”; and includes EVT as a special case when assuming those statistics are i.i.d..

RESEARCH IN FINANCIAL ECONOMETRICS
“Memory Parameter Estimation of Financial Time Series Robust to Low Frequency Contaminations,” October 2013, Revised April 2014. Download
• Collect daily and 5-min data of stochastic and realized volatility of log-squared daily returns series of the S&P 500, Dow Jones Industrial Average (DJIA), NASDAQ and AMEX stock market indices, 30-year Treasury Bond futures, tick-by-tick SPY trades; and exchange rates of Dollar-Aus and Dollar-Yen
• Use the new semi parametric local Whittle estimator implemented by MATLAB code to estimate the long-memory parameter of the data series and explain the results

WORK EXPERIENCE
• Intern member of a software development team, 2003, in which I produced high quality storage management software, which creates and maintains the record of the flows of material and products online, using JAVA, JSP, SQL and Apache Server.
TEACHING AND RESEARCH EXPERIENCE
• Teaching Fellow, of Differential Equations, in Department of Mathematics, Tsinghua University, Spring 2005; of Economic Statistics, Asset Pricing, Department of Economics, Boston University, Fall 2008, Spring 2009, Spring 2012
• Research Assistant for Prof. Pierre Perron, Department of Economics, Boston University, Fall 2009, Spring 2013

HONORS, FELLOWSHIPS AND AWARDS
• Dean’s Fellowship, Boston University, Fall 2007 to Spring 2012
• Distinction (Rank 1) in Microeconomics Qualifier Exam, Boston University, 2008
• Special Research Fellowship, Boston University, Spring 2010, Fall 2010, Fall 2011.

CITIZENSHIP/VISA: CHINA/F1 VISA, with a 12-Month OPT Starting in July 2014

REFERENCES

Professor Pierre Perron
Room 449, Department of Economics, Boston University
Phone: (617) 353- 3026
Email: perron@bu.edu

Professor Zhongjun Qu
Room 312, Department of Economics, Boston University
Phone: (617) 353-3184
Email: qu@bu.edu

Professor Ivan Fernandez-Val
Room 415A, Department of Economics, Boston University
Phone: (617) 353-9670
Email: ivanf@bu.edu