Professor Timothy Fry

Qualifications

• Ph.D. Econometrics, The University of Manchester, United Kingdom. MA(Econ) Econometrics, The University of Manchester, United Kingdom. BA(Honours) Econometrics, The University of Kent at Canterbury, United Kingdom

Teaching/Work responsibilities

Tim Fry is Professor of Econometrics and Director of Research in The School of Economics and Finance.

Research Interests

The application of statistical (econometric) techniques to problems in microeconomics broadly defined. However, recent work has been focussed on problems in consumer demand (allocation) models, finance, marketing and political science. A broad categorisation of my interests is:

• Microeconometrics.
• Consumer demand systems, allocation models and compositional data analysis.
• The impact of censoring on the measurement of risk.
• Quantitative models in marketing and political science, in particular discrete choice models and brand share modelling.

Research Projects

I am currently involved in two Australian Research Council Discovery projects: “Economic Reform and Australian Electoral Decision Making” joint with Associate Professor Sinclair Davidson, School of Economics & Finance, RMIT and Dr. Lisa Farrell, Department of Economics, Melbourne University and “A complex systems approach to modelling time-varying risk in the presence of market frictions” joint with Professor Robert Faff, Department of Accounting and Finance, Monash University and Professor Robert Brooks, RMIT Business. I am also involved in ongoing contract research with Starcom Worldwide Pty. Ltd. analysing the effectiveness of advertising.

Selected Publications

• Brooks, R.D., Faff, R.W., Fry, T.R.L. and E. Newton, (2004), “Censoring and its impact on multivariate testing of the Capital Asset Pricing Model”, Applied Financial Economics, 14, 413-420.
• Fry, J.M., Fry, T.R.L., McLaren, K.R. and T.N. Smith, (2001), “Modelling Zeroes in Micro Data”, Applied Economics, 33, 383-392.
• Fry, T.R.L., Broadbent, S. and J.M Dixon, (2000), “Estimating Advertising Half-life and the Data Interval Bias”, Journal of Targeting, Measurement & Analysis in Marketing, 8, 314-334.
• Fry, J.M., Fry, T.R.L. and M.W. Peter, (1999), “Inter-Regional Migration in Australia: An Applied Economic Analysis”, Australasian Journal of Regional Studies, 5, 111-130.
• Fry, T.R.L. and M.N. Harris, (1998), “Testing for Independence of Irrelevant Alternatives: Some Empirical Results”, Sociological Methods & Research, 26, 401-423.
• Fry, J.M., Fry, T.R.L. and K.R. McLaren, (1996), “The Stochastic Specification of Demand Share Equations: Restricting Budget Shares to the Unit Simplex”, Journal of Econometrics, 73, 377-385.

• Orme, C.D. and T.R.L. Fry, (1995), “Maximum Likelihood Estimation in Binary Data Models using Panel Data under Alternative Distributional Assumptions”, Economics Letters, 49, 359-366.