KWOK PING (BYRON) TSANG 曾國平

Philosophers often behave like little children who scribble some marks on a piece of paper at random and then ask the grown-up “What’s that?” – It happened like this: the grown-up had drawn pictures for the child several times and said: “this is a man”, “this is a house”, etc. And then the child makes some marks too and asks: what’s this then?

From Culture and Value by Ludwig Wittgenstein (replace “philosophers” with “economists” and it still applies)

Department of Economics, University of Washington

Box 353330, Condon 401, Seattle, WA 98195

Email: byront at u.washington.edu

CV

Research Interests

Primary: Macroeconomics Secondary: Labor Economics

Published Papers

Independence Giving or Autonomy Taking? Childhood Predictors of Decision-Making Patterns Between Young Adolescents and Parents (with Shelly Lundberg and Jennifer L. Romich, accepted by the Journal of Research on Adolescence subject to minor revisions, April 2007)

Working Papers

Empirical Macroeconomics

Does the Real Term Structure Forecast Consumption Growth? (Job Market Paper)

The Yield Curve Through Time and Across Maturities (with Richard Startz, submitted to the Journal of Money, Credit, and Banking, March 2007)

Empirical Labor Economics

Decision-making by Children (with Shelly Lundberg and Jennifer L. Romich, July 2007)

Is there a Relative Price Effect of Children? (with Katya Stepanova, June 2006)

Work in Progress

Empirical Macroeconomics

A Real Term Structure Model for the US (with Richard Startz)

Do Households Substitute Consumption Intertemporally? - Evidence from the UK Family Expenditure Survey

Do Consumers Discount Exponentially? (with Richard Startz)

The Predictive Power of Yield Spread – Controlling for Small Sample Problems

Empirical Labor Economics

Theory

Household Bargaining and the Term Structures of Nominal and Real Interest Rates

Central Bank vs. Market: A World of Kalman Filtering

Teaching

ECON581 Econometrics II (Winter 2008, TA for Professor Richard Startz)

ECON581 Econometrics II (Winter 2007, TA for Professor Richard Startz)

ECON582 Econometrics III (Spring 2007, TA for Professor Charles Nelson)

Miscellaneous Links

Jiu Lang Xin Chao (A website my friends and I started in 2003)

My Blog (In it you will find my views on anything outside economics)

The Isaiah Berlin Virtual Library (One of my favorite modern philosophers)

The Karl Popper Web (Another favorite philosopher)

Island of Freedom – Ludwig Wittgenstein (Yet another favorite philosopher…about whom I know less)