Richard T. Baillie is a British–American economist and statistician who is currently the A J Pasant Professor of Economics at the Michigan State University.
[1] He is also part time professor at King's College, London,[2] and Senior Scientific Officer for the Rimini Center for Economic Analysis in Italy,[3] and also on the Executive Council of the Society for Nonlinear Dynamics in Econometrics (SNDE).
[4] Richard Baillie obtained his PhD from the London School of Economics & Political Science, where his doctoral advisors were Kenneth F. Wallis and James Durbin.
His early work was on properties of predictions from dynamic models, including regressions with autocorrelated errors and Vector Autoregressions (VARs).
Baillie has also published contributions to testing the theory of rational expectations in financial markets; most notably advocating VAR approaches over single equation methodology.