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Carl Bonham

UHERO Executive Director and Professor of Economics

 

 

 

UHERO
540 Saunders Hall
2424 Maile Way
Honolulu, HI 96822

Telephone: 808.956.7605
e-mailbonham@hawaii.edu
Link to curriculum vitae
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Education

University of Texas at Austin, Ph.D., Economics

Tulane University, BA, Economics

Research Interests

Applied Econometrics and Forecasting, Macroeconimcs and Financial Markets,  
Hawaii's Economy, Tourism Economics

Carl Bonham was a founding member of UHERO in 1997, and currently serves as  UHERO's Executive Director and Professor of Economics.  Carl's  research interests, include macroeconomics, applied econometrics and forecasting, tourism economics, and the Hawai`i economy. His current research includes development of dynamic factor models using daily, weekly and monthly data on Hawaii's visitor industry to produce high frequency forecasts of visitor arrivals and spending.  Recent publications include, "Estimating Demand Elasticites in Non-Stationary Panels: The Case of Hawaii Tourism" with Peter Fuleky and Qianxue Zhao the Annals of Tourism Research, and "The Rationality and Heterogeneity of Survey Forecasts of the Yen-Dollar Exchange Rate: A Reexamination," with Richard Cohen and Shigeyuki Abe forthcoming in the Handbook of Financial Econometric and Statistics.  Dr. Bonham is a member of the State of Hawaii Council on Revenues.

Selected Publications

"Estimating Demand Elasticities in Non-Stationary Panels: The Case of Hawaii Tourism" with Peter Fuleky and Qianxue Zhao, Annals of Tourism Research, Vol. 44, 2014 131-142.

"The Rationality and Heterogeneity of Survey Forecasts of the Yen-Dollar Exchange Rate: A Reexamination" forthcoming in the Handbook of Financial Econometric and Statistics, edited by Alice C. Lee and Cheng-Few Lee, Springer Academic Publishers.

"Forecasting with Mixed Frequency Factor Models in the Presence of Common Trends" with Peter Fuleky, Macroeconomic Dynamics (2013) 

"Chinese Saving Dynamics: The Impact of GDP Growth and the Dependent Share" with Calla Wiemer. Oxford Economic Papers, published online April 2012.

“Financial Integration in the Pacific Basin Region: RIP by PANIC Attack?”, with Somchai Amornthum, Journal of International Money and Finance, May 30, 2011

“Modeling Tourism: A fully identified VECM approach”, with Byron Gangnes and Ting Zhou, International Journal of Forecasting, Vol. 25, 2009, 531-49.