UHERO Executive Director and Professor of Economics
University of Texas at Austin, Ph.D., Economics
Tulane University, BA, Economics
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.
"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.