Wayne Gao

Wayne Yuan Gao is a fifth-year PhD student, and he will be joining the Department of Economics at the University of Pennsylvania, as a Lecturer in Fall 2019, and as an Assistant Professor of Economics in Fall 2020.

Wayne received his Master’s degree in Economics from Duke University, and his Bachelor’s degree in Economics and Finance from the University of Hong Kong.

Wayne’s research interests are in econometrics and microeconomic theory, with a special focus on social and economic networks. He has worked on research topics such as semi/non-parametric identification and estimation, econometric and micro-theoretical models of network formation, local information in social networks, and panel multinomial choice models.

Publications:

• “Minimax Linear Estimation at a Boundary Point”, Journal of Multivariate Analysis, 2018, 165, 262-269.
• “Structural Inference from Reduced Forms with Many Instruments”, joint with Peter C.B. Phillips, Journal of Econometrics, 2017, 199(2), 96-116.
• “Informal Insurance Networks”, joint with Eunyoung Moon, B.E. Journal of Theoretical Economics, 2016, 16(2), 455-484.​​

Working Papers:

• Robust Semiparametric Estimation in Panel Multinomial Choice Models, with Ming Li.
• “Informal Risk Sharing with Local Information”, joint with Attila Ambrus & Pau Milan, July 2018.
• “Nonparametric Identification in Index Models of Link Formation”, May 2018.

Work in Progress

• Logical Differencing in Network Formation Models under Non-Transferable Utilities, with Ming Li and Sheng Xu.​​ 
• A Unified Model of Network Bargaining and Network Formation.
• Ranking of Preference Profiles.