Academy Fellow

Emeritus Professor Keith McLaren was a Professor of Econometrics in the Department of Econometrics and Business Statistics in the Faculty of Business and Economics at Monash University from December 2001 until January 2014. He was Head of the Department of Econometrics and Business Statistics from January 1 2001 until June 30 2003. From 1998 until 2000 he was Course Director of the Faculty's undergraduate degrees on the Clayton campus. His research interests include economic theory and applied econometrics, with particular interests in the theory of consumer demand, investment theory, dynamic optimisation and financial econometrics.

Emeritus Professor, Department of Econometrics and Business Statistics, Faculty of Business and Economics, Monash University, from February 2014.

Professor of Econometrics, Department of Econometrics and Business Statistics, Faculty of Business and Economics, Monash University, December 2001 until January 2014.

Head of the Department, Department of Econometrics and Business Statistics, Faculty of Business and Economics, Monash University, January 2001 until July 2003.

Course Director, Clayton Programs, Faculty of Business and Economics, Monash University, 1998 until December 2000.

Associate Professor, Department of Econometrics and Business Statistics (75%); Department of Economics (25%), Faculty of Business and Economics, Monash University 1988 - 2001.

Senior Lecturer, Department of Econometrics and Business Statistics (75%); Department of Economics (25%), Faculty of Business and Economics, Monash University 1981 - 1987.

Lecturer, Department of Econometrics and Operations Research. (75%) Department of Economics (25%), Monash University, 1975 – 1980.

Lecturer, Department of Economics, Monash University, 1973 - 1974

Summer Intern, Council of Economic Advisers to the President, Washington, D.C. 1971

Model Building Group, Research Department, Reserve Bank of Australia, Sydney, 1969 January-July

• H. Youn Kim, Keith R. McLaren and K. K. Gary Wong (2013) Empirical Demand Systems Incorporating Intertemporal Consumption Dynamics Empirical Economics 2013, Volume 45, pp. 349-370.
• Keith R. McLaren (2009) Closed Form Mean-Variance Representations, Medium for Econometric Applications, Volume 17, Edition 2, 2009, pp. 14-18.
• Keith R. McLaren and Gary K. K. Wong (2009) Effective Global Regularity and Empirical Modeling of Direct, Inverse and Mixed Demand Systems, Canadian Journal of Economics, Vol 42, No 2, May 2009, pp. 749-770
• Keith R. McLaren and Gary K. K. Wong (2009) The Benefit Function Approach to Modeling Price-Dependent Demand Systems: An Application of Duality Theory, American Journal of Agricultural Economics, Vol 91, Issue 4, pp. 1110-1123.
• Keith R. McLaren and Gary K. K. Wong (2005) Specification and Estimation of Regular Inverse Demand Systems: A Distance Function Approach", American Journal of Agricultural Economics, Vol 87, No. 4, November 2005, pp. 823-834
• Russel J. Cooper, Keith R. McLaren and Gary K.K. Wong (2001) On the Empirical Exploitation of Consumers' Profit Functions in Static Analyses, Economics Letters 72(2):181-187.
• Jane M. Fry, Tim R. L. Fry, Keith R. McLaren and Tanya Smith (2001) Modelling Zeroes in Micro Data, Applied Economics, 33:383-392.
• Jane M. Fry, Tim R. L. Fry and Keith R. McLaren (2000) Compositional Data Analysis and Zeros in Micro Data, Applied Economics, 32:953-959.
• Keith R. McLaren, Peter D. Rossiter and Alan A. Powell (2000) Using the Cost Function to Generate Marshallian Demand Systems, Empirical Economics 25(2):209-228.
• Russel J. Cooper and Keith R. McLaren (1996) A System of Demand Equations Satisfying Effectively Global Regularity Conditions, Review of Economics and Statistics, 78(2):359-364.
• Jane M. Fry, Tim R. L. Fry and Keith R. McLaren (1996) The Stochastic Specification of Demand Share Equations: Restricting Budget Shares to the Unit Simplex, Journal of Econometrics, 73(2):377-385.
• Keith R. McLaren (1996) Parsimonious Autocorrelation Corrections for Singular Demand Systems, Economics Letters, 53(2):115-121.