December Seminar 2020 Bios

SPEAKER BIOGRAPHIES
Jerry Nickelsburg joined the UCLA’s Anderson School of Management and The Anderson Forecast in 2006. Since 2017 he has been the Director of The Anderson Forecast. He teaches economics in the MBA program with a focus on Asian economies. As the Director of The Anderson Forecast he plays a key role in the economic modeling and forecasting of the National, and California economies. He has conducted research in the areas of labor economics, industrial organization, statistics, and international monetary economics, focusing on the development of new data and the application of economic theory and statistical methods to policy issues. His current academic research is on specific skills, structural unemployment, and on energy efficiency in transportation. He is a regular presenter at Economic Conferences and is cited in the national media including the Financial Times, Wall Street Journal, New York Times, Los Angeles Times, and Reuters.

He received his Ph.D. in economics from the University of Minnesota in 1980 specializing in monetary economics and econometrics. He was formerly a professor of Economics at the University of Southern California and has held executive positions with McDonnell Douglas, FlightSafety International, and FlightSafety Boeing during a fifteen-year span in the aviation business. He also held a position with the Federal Reserve Board of Governors developing forecasting tools, and has advised banks, investors and financial institutions.

From 2000 to 2006, he was the Managing Principal of Deep Blue Economics, a consulting firm he founded. He has been the recipient of the Korda Fellowship, USC Outstanding Teacher, India Chamber of Commerce Jubilee Lecturer, and he is a Fulbright Scholar. He has published over 100 scholarly and popular articles on monetary economics, economic forecasting and analysis, labor economics, and industrial organization and he is the author of two books on monetary economics and exchange rates.
William Yu joined the UCLA Anderson Forecast in 2011 as an economist. At Forecast he focuses on the economic modeling, forecasting and Los Angeles economy. He also conducts research and forecast on China’s economy, and its relationship with the US economy. His research interests include a wide range of economic and financial issues, such as time series econometrics, data analytics, housing markets, human capital, and innovation. Meanwhile, he teaches business forecasting, predictive analytics, and data science courses at UCLA Anderson School of Management and UCLA Extension. In 2019, he received the distinguished instructor award for digital technology from UCLA Extension. He also serves as a faculty advisor for Applied Management Research Program at Anderson School.

He has published over a dozen research articles in Journal of Forecasting, International Journal of Forecasting, Journal of International Money and Finance, etc. He also wrote op-ed articles in Los Angeles Times and other newspapers. He developed the City Human Capital Index, the Los Angeles City Employment Estimate, and wrote the quarterly US-China economic report. He has been cited in the local, national and overseas media frequently including Wall Street Journal, Los Angeles Times, New York Times, Washington Post, Time, Bloomberg, CBS Money Watch, Al Jazeera, U-T San Diego, LA Daily News, LA Daily Breeze, Straits Times, NBC, ABC, CNBC, CNN, and NPR, as well as various Chinese and Korean media. He was invited as a speaker for various events, including the annual Woo Greater China Business Conference, Cathay Bank economic outlook luncheons, and National Association for Business Economics.

He received his bachelor’s degree in finance from National Taiwan University in 1995 and was an analyst in Fubon Financial Holding in Taipei from 1997 to 2000. In 2006, he received his Ph.D. degree in economics from the University of Washington where he was also an economics instructor and won two distinguished teaching awards. In 2006, he worked for the Frank Russell Investment Group for Treasury and corporate yields modeling and forecasting. From 2006 to 2011, he served as an assistant and an associate professor of economics at Winona State University where he taught courses including forecasting methods, managerial economics, international economics, and macroeconomics.
Edward Leamer is UCLA Anderson’s Chauncey J. Medberry Professor of Management and professor of economics, professor of statistics and director of the UCLA/Anderson Business Forecast Project. His philosophy on education is straightforward.

After serving as assistant and associate professor at Harvard University, Leamer joined the UCLA faculty in 1975 as professor of economics. In 1990 he moved across campus to UCLA Anderson and was appointed to the Chauncey J. Medberry Chair. He is a fellow of the American Academy of Arts and Sciences, and a fellow of the Econometric Society. In 2014 he won the award for Outstanding Antitrust Litigation Achievement in Economics, awarded annually by the American Antitrust Institute.

Leamer’s work has been impactful beyond the classroom and his academic research. As director of the UCLA Anderson Forecast, business practitioners in every field value his opinions. For example, in his December 2000 forecast, the UCLA Anderson Forecast (http://www.uclaforecast.com/) stood virtually alone in predicting the 2001 recession. In a special release on September 12, 2001, the Forecast correctly analyzed the likely unimportance of 9/11 for the evolution of the recession. In June 2002, Leamer began warning about a momentum-driven overheated housing market that was sure to cause problems for the economy in the future. In August of 2007 at the annual Federal Reserve Jackson Hole Symposium, Leamer argued for special targeting of housing in a paper titled “Housing IS the Business Cycle.”

Leamer is a research associate of the National Bureau of Economic Research and has been an occasional visiting scholar at the IMF and the Board of Governors of the Federal Reserve System. He has served on the Councils of Economic Advisors or Governor Wilson, Governor Schwarzenegger and Mayor Garcetti. He has been on the Advisory Board of the Bureau of Economic Analysis. In 2005-2006 he chaired a panel of the National Academy of Sciences on outsourcing and delivered the report to Commerce and to Congress.

He has published over 120 articles and five books and reminds those interested to hurry to Amazon.com to purchase his most recent books: either Macroeconomic Patterns and Stories, or The Craft of Economics. His research papers in econometrics have been collected in Sturdy Econometrics, published in the Edward Elgar Series of Economists of the 20th Century. His research in international economics and econometric methodology has been discussed in New Horizons in Economic Thought: Appraisals of Leading Economists.
Leila Bengali is an economist at The Anderson Forecast. She joined in 2019. As an economist, and a native Californian, she focuses on modeling the California economy and on policy issues that are relevant to California. Having studied behavioral economics both in college and in graduate school, she brings insights from this field to her work at The Anderson Forecast. She received her Ph.D. in economics from Yale University in 2019 where she was selected for the Russell Sage Foundation Summer Institute in Behavioral Economics and awarded the Whitebox Advisors Doctoral Fellowship. Her fields of concentration were behavioral economics and public finance.

After graduating from Swarthmore College in 2011 with a B.A. in economic (major) and psychology (minor), she worked as an analyst at Analysis Group in the San Francisco Bay Area. During her time in economic consulting, she worked with a team of economists and experts to provide litigation support and research for major national and international companies in industries ranging from manufacturing to information technology. After working in economic consulting, Leila joined Economic Research at the Federal Reserve Bank of San Francisco. Working with prominent economists on issues of employment, education, and economic mobility, Leila conducted research supporting U.S. monetary policy, writing reports for both internal and external audiences.

Leila's research lies at the intersection of behavioral economics and public finance. Within these fields, she focuses on how and why individuals use or ignore information when making decisions and on the resulting implications for policy. Leila has also worked with local governments to design and implement policy evaluations and has published in the field of labor economics.
Leo Feler joined the UCLA Anderson School of Management and the UCLA Anderson Forecast in 2020. He has conducted research and written articles in the areas of labor economics, urban economics, trade, banking and mergers and antitrust. He is responsible for the U.S. macroeconomic forecast.

Prior to joining UCLA, Leo worked in management consulting at Cornerstone Research and Boston Consulting Group. At Cornerstone Research, he advised the U.S. government and corporations on antitrust litigation and economic disputes. At Boston Consulting Group, he advised clients in the consumer retail industry on revenue growth and supply chain optimization strategies.

From 2010 to 2016, Leo was an assistant professor of international economics at Johns Hopkins University. He also worked at the World Bank, where he was an advisor to the country director for Brazil.

Leo received his Ph.D. in economics from Brown University in 2010, specializing in urban and labor economics; his M.A. in international policy studies from Stanford University in 2002; and his B.A. in economics and international relations from Stanford University in 2002.
Bryan Early is the Chief of Staff to Commissioner Andrew McAllister, who is the lead commissioner for energy efficiency and electricity and natural gas system planning for the California Energy Commission, the state's primary energy planning office. The divisions that Commissioner McAllister oversees establish statewide efficiency standards for building and appliances and produce forecasting and other analytical products to maintain system reliability and aid California in achieving its decarbonization goals. Bryan also advises the Commission on international engagement, particularly with Mexico. Prior to working for Commissioner McAllister, Bryan was a consultant on energy issues for environmental organizations and clean technology companies at Conservation Strategy Group; a legislative aide for California Assemblyman Mike Feuer, and a legislative advocate at the environmental nonprofit Californians Against Waste.

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