Professor Grayham E. Mizon

Grayham E. Mizon

BSc(Econ), MSc(Econ), PhD, MA

School of Social Sciences
University of Southampton
Southampton
SO17 1BJ

Position: Emeritus Professor of Econometrics
Email: grayham.mizon@soton.ac.uk

Research interests

Econometrics; model selection, hypothesis testing, model evaluation; and encompassing. Analysis of time series. Applied econometric modelling, especially of macro-economic time series.

Selected publications

Edited books and volumes
 Hendry, D.F., Marcellino, M and Mizon, G E (eds) December 2008 Oxford Bulletin of Economics and Statistics, Special Issue on Encompassing
Chapters in books
 Hendry, D.F., Lu, M. and Mizon, G.E. 2009 Identification and Non-unique Structure. In Castle, J. and Shepherd, N. (eds), The Methodology and Practice of Econometrics: A Festschrift in Honour of David F. Hendry (pp. 345-366). Oxford: Oxford University Press., (ISBN: 9780199237197), (ISSN: 9780199237197)
 Mizon, G.E. & Staszewska, A. 2007 Conditional Response Analysis. In Phillips, G.D.A. and Tzavalis, E. (eds), The Refinement of Econometric Estimation and Test Procedures: Finite Sample and Asymptotic Analysis (pp. 347-367). Cambridge: Cambridge University Press., (ISBN: 13 978-0-521-87053-5)
 Hendry, D.F. and Mizon, G.E. 2005 Forecasting in the Presence of Structural Breaks and Policy Regime Shifts. In Andrews, DWK and Stock, JH (eds), Identification and Inference for Econometric Models: Essays in Honor of Thomas Rothenberg (pp. 480-502). Cambridge: Cambridge University Press., (ISBN: 10052184441X)
 Mizon, G.E. 2004 The Use of Econometric Models in Economic Policy Analysis. In Welfe, A (eds), New Directions in Macromodelling (pp. 147-171). Elsevier.
 Bontemps, C. and Mizon, G.E. 2003 Congruence and Encompassing. In Stigum, B (eds), Econometrics and the Philosophy of Economics (pp. 354-378). Princeton: Princeton University Press., (ISBN: 0691113009)
 Hendry, D.F. and Mizon, G.E. 2000 A.W.H. Phillips's Influence on Econometrics. In Leeson, R (eds), A.W.H. Phillips: Collected Works in Comtemporary Perspective (pp. ch38 pp353-364). Cambridge: Cambridge University Press., (ISBN: 0521571359)
 Lu, M and Mizon, G E 2000 Nested Models, Orthogonal Projection and Encompassing. In Marriott, P and Salmon, M (eds), Applications of Differential Geometry in Econometrics (pp. 64-84). Cambridge University Press.
 Lu, M. and Mizon, G.E. 2000 Nested Models, Orthogonal Projection, and Encompassing. In Marriott, P and Salmon, M (eds), Applications of Differential Geometry to Econometrics (pp. 64-84). Cambridge: Cambridge University Press., (ISBN: 0521651166)
 Hendry, D F and Mizon, G E 1999 On Selecting Policy Analysis Models by Forecast Accuracy. In Atkinson, AB; Glennester, H and Stern, NH (eds), Putting Economics to Work: in Honour of Michio Morishima, STICERD, London School of Economics (pp. 71-119), (ISBN: 0753013991), STICERD Occasional Paper No 22 London School of Economics
 Mizon, G E 1995 Progressive Modelling of Macroeconomic Time Series: The LSE Methodology. In K.D. Hoover (ed.), Macroeconometrics: Developments, Tensions, and Prospects (pp. 107-170). Dordrecht: Kluwer Publications., (ISBN: 0-7923- 9589-1)
 Hendry, D F and Mizon, G E 1993 Evaluating Dynamic Econometric Models by Encompassing the VAR. In P.C.B. Phillips (ed.), Models, Methods and Applications of Econometrics, Essays in Honor of Rex Bergstrom (pp. 272-300). Oxford: Basil Blackwell.
Articles in journals
 Bontemps, C. and Mizon, G.E. December 2008 Encompassing: Concepts and Implementation. Oxford Bulletin of Economics and Statistics, Special Issue on Encompassing, 70, 721-750.
 Hendry, D.F., Marcellino, M and Mizon, G E December 2008 Guest Editors' Introduction. Oxford Bulletin of Economics and Statistics, Special Issue on Encompassing, 70, 715-719.
 Lu, M, Mizon, G E and Monfardini, C December 2008 Simulation Encompassing:Testing Non-nested Hypotheses. Oxford Bulletin of Economics and Statistics, Volume 70, 781-806.
 Krolzig, H.-M.; Marcellino, M. and Mizon, G.E. 2002 A Markov-Switching Vector Equilibrium Correction Model of the UK Labour Market. Empirical Economics, 27, 233-254.
 Ericsson, N.R., Maasoumi, E. and Mizon G.E. 2001 A Retrospective of J. Denis Sargan. Econometric Reviews, 20, 133-157.
 Marcellino, M. and Mizon, G.E. 2001 Small system modelling of real wages, inflation, unemployment and output per capita in Italy 1970-1994. Journal of Applied Econometrics, 16, 359-370.
 D.F. Hendry and G.E. Mizon 2000 Reformulating Empirical Macroeconometric Modelling. Oxford Review of Economic Policy, 16, 138-159.
 Hall, S., Mizon, G.E. and Welfe, A. 2000 Modelling Economies in Transition: An Introduction. Economic Modelling, 17, 339-357.
 Hendry, D.F. and Mizon, G.E. 2000 Reformulating Empirical Macroeconomic Modelling. Oxford Review of Economic Policy, 16, 138-159.
 Marcellino, M and Mizon, G E 2000 Modelling Shifts in the Wage- Price and Inflation-Unemployment Relationships in Italy, Poland, and the UK. Economic Modelling, 17, 387-413.
 Ericsson, N R, Hendry, D F and Mizon, G E 1998 Exogeneity, Cointegration, and Economic Policy Analysis. Journal of Business and Economic Statistics, 16, 370-387.
 Gallo, G M and Mizon, G E 1998 Simulation Methods in Econometrics. Editors' Introduction. The Econometrics Journal, 1, Ci-Cvii.
 Hendry, D F and Mizon, G E 1998 Exogeneity, Causality, and Co-breaking in Economic Policy Analysis of a Small Econometric Model of Money in the UK. Empirical Economics, 23, 267-294.
 Banerjee, A, Hendry, D F and Mizon, G E 1996 The Econometric Analysis of Economic Policy. Oxford Bulletin of Economics and Statistics, Special Issue, 58, 567-595.
 Lu, M and Mizon, G E 1996 The Encompassing Principle and Hypothesis Testing. Econometric Theory, Vol 12, 5, 845-858.
 Mizon, G E 1995 A Simple Message for Autocorrelation Correctors: Don't. Journal of Econometrics, 69, 267-288.
 Clements M P and Mizon, G E 1991 Empirical Analysis of Macroeconomic Time Series: VAR and Structural Models. European Economic Review, 35, 887-917.
 Mizon, G E and Richard, J-F 1986 The Encompassing Principle and its Application to Non-Nested Hypotheses. Econometrica, 54, 657-678.
Encyclopaedia entries
 Mizon, G.E. 2008 Encompassing. In Blume, L and Durlauf, S (eds), The New Palgrave Dictionary of Economics Online. Palgrave Macmillan.  On-line article