Prior to joining the Penn State faculty he was the Hanes Corporation Foundation Professor of Business Administration, Fuqua School of Business, Duke University, with a secondary appointment in the Department of Economics, Duke University, as well as a Distinguished Scientist in Residence, Department of Economics, New York University, both in the United States.
He is also adjunct professor, Department of Statistics, University of North Carolina at Chapel Hill.
Before joining the Duke faculty, he was Henry A. Latane Distinguished Professor of Economics at the University of North Carolina at Chapel Hill.
Previously he was, successively, Assistant, Associate, Full, and Drexel Professor of Statistics and Economics at North Carolina State University.
In collaboration with George Tauchen of Duke University,[1] Gallant developed the Efficient Method of Moments (EMM).