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Herbert Glejser

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Herbert Glejser
Born(1938-01-02)2 January 1938
Vienna, Austria
Died20 January 2024(2024-01-20) (aged 86)[1]
NationalityBelgian
TitleProfessor and Doctor
Academic career
FieldEconomics
Econometrics
InstitutionUniversité libre de Bruxelles
Vrije Universiteit Brussel
Facultés universitaires Notre-Dame de la Paix
Massachusetts Institute of Technology
University of California Berkeley
University of California at Los Angeles
Hebrew University of Jerusalem
ContributionsGlejser test
European Economic Review

Herbert Glejser (1938–2024) was a Belgian economist and econometrician.[2] Early in his career, he became known for the Glejser test, a statistics test for heteroskedasticity he developed in 1969.[3] He was an Economics professor in Belgium until 2003 and had been visiting professor in several US universities (MIT, Berkeley University, UCLA), as well as in Brazil, Germany and Israel. He was the founder and first editor of the European Economic Review, one of the oldest economics journals in Europe, with Jean Waelbroeck.[4]

Biography

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Early life

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Herbert Glejser was born on 2 January 1938 in Vienna, Austria, from a Jewish family. The Anschluss on 12 March 1938 forced his parents to flee from Austria and seek refuge in Belgium.[5] The Glejser family obtained Belgian citizenship in 1955.

After his high school studies in Athénée royal de Bruxelles, Herbert Glejser started University at the age of 16, at the Université libre de Bruxelles (ULB) in the Social, Political and Economical Sciences Departement. Simultaneously, he enrolled in a degree in Business Engineering at the École de Commerce Solvay (now Solvay Brussels School of Economics and Management). In 1958, aged 20, he received his BA in Commercial Engineering and in March 1963, then 25, completed his PhD in Economics.

Academic life

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In 1959, aged 21, Herbert Glejser was hired as Secretary and Research fellow at the Department in Applied Economics of ULB (DULBEA), the research centre of the Solvay Brussels School of Economics and Management and the Université libre de Bruxelles.

Assistant Professor at the ULB from 1963, Herbert Glejser became a full Professor in Economics in 1969, aged 31.

His interest focused in applied statistics and macroeconomics and, in 1981, he became one of the few Belgian economists to support the devaluation of the Belgian franc, despite the views of the National Bank of Belgium.[6] Glejser deemed this measure inevitable to save "this impossible monster the Belgian economy had become".[7] The Belgian franc has later been devalued, in February 1982.

In Belgium, from 1969, Herbert Glejser taught in Brussels universities (ULB and VUB) and from 1974 at the Facultés universitaires Notre-Dame de la Paix, in Namur. Abroad, he has been visiting Professor in the United States, notably at the Massachusetts Institute of Technology (MIT) in 1970 and 1974, at University of California, Berkeley in 1970, at University of California, Los Angeles (UCLA) in 1991; in Israel at the Hebrew University of Jerusalem in 1980-1981; in Germany at the Ludwig Maximilian University of Munich and in Brazil at the Federal University of Minas Gerais, in 1996.

Council Member and Emeritus fellow of the European Economic Association from 1986 to 1990,[8] Glejser has been a Consultant for the European Economic Community from 1993.[citation needed]

Honors and awards

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Herbert Glejser received the Fulbright Program scholarship in 1974, a visiting scholar grant in Harvard University for his project research on "Econometric analysis of American capital abroad".[9] He was awarded a Professor Chair from the Francqui Foundation in 1982-1983, and won the Pommerehne Prize from the Association for Cultural Economics International (ACEI) in 2002 for his article Efficiency and inefficiency in the ranking in competitions: The case of the Queen Elisabeth Music Contest, co-written with economist Bruno Heyndels.[10]

Glejser test

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Herbert Glejser published A New Test for Heteroskedasticity in March 1969 in the Journal of the American Statistical Association[11] where he develops a new test for heteroskedasticity, derived from the Park test that had been published by Rolla Edward Park in Econometrica in 1966[12]

Glejser measures his test against the Goldfeld–Quandt test (1965): "[T]he new test seems to compare favourably, except perhaps in the case of large samples."[11]

In 1996, Leslie George Godfrey has shown that the Glejser test for heteroskedasticity was valid only under conditional symmetry, and suggested some modifications.[13] Improvements to the Glejser test have later been developed by Kyung So Im[14] and by José António Machado and João Santos Silva[15]

In 2020, the Glejser test was used to test the Dunning-Kruger hypothesis.[16]

European Economic Review

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In 1969, Herbert Glejser and Jean Waelbroeck founded and became first editors of the European Economic Review (EER).[17]

They remained sole editors from 1969 to 1986, while EER publishers changed from the International Association of Applied Economics (ASEPELT) to North-Holland, then Elsevier. Over this period of time, over 10'000 article pages were selected by ca. 2'000 peer reviewers. In 1986, Glejser and Waelbroeck were joined by Peter Neary and Agnar Sandmo as associated editors.[18] Jean Waelbroeck remained co-Editor-in-chief until 1991, Herbert Glejser for 25 years, until 1993.[19]

See also

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Publications

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  • 2012 The United States Is Edging towards a Comparative Advantage in Services[20]
  • 2002 The support of the euro in the fifteen EU countries - politics and economics[21]
  • 2000 Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport[22]
  • 1995 Estimativas dos efeitos no comércio da entrada de Portugal e Espanha na União Européia[23]
  • 1982 Du nouveau franc au renouveau économique: ébauche d'un programme[24]
  • 1976 Quantitative studies of international economic relations[25]
  • 1971 Higher inflation rates and international imbalances[26]
  • 1969-1993 European Economic Review (Editor and author)
  • 1968 An explanation of differences in trade-product ratios among countries[27]
  • 1966 Controllo economico, gratuità e benessere[28]
  • 1965 Inflation, productivity, and relative prices - A statistical study[29]
  • 1959 Croissances industrielles comparées de l'Union Soviétique et des États-Unis[30]
  • 1954 La rencontre à l'aube[31]

References

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  1. ^ "Décès de l'économiste belge Herbert Glesjer à 86 ans - Le Soir (Belgian economist Herbert Glesjer dies at 86)" (in French). www.lesoir.be. Retrieved 2024-06-29.
  2. ^ "Herbert Glejser - Obituary". European Economic Review. 2024. doi:10.1016/j.euroecorev.2024.104867. ISSN 0014-2921.
  3. ^ Oxford Dictionary of Economics (5th ed.). Oxford University Press. 2017. ISBN 9780198759430.
  4. ^ Erreygers, G. (2018). "Economics in Belgium". The New Palgrave Dictionary of Economics. London: Palgrave Macmillan. pp. 3416–3420. ISBN 978-1-349-95188-8.
  5. ^ Lobet, Marcel (March 26, 1955). "Un adolescent entr'ouvre ses 'cahiers de poésie': La rencontre à l'aube par Herbert Glejser". Le Soir.
  6. ^ Paul Hatry, sénateur, Annales du Sénat de Belgique, Séance du 2 mars 1982, p. 567 https://www.senate.be/handann/S0016/S00163862/S00163862.pdf
  7. ^ Glejser, Herbert; Waelbroeck, Jean (1982). "Du nouveau franc au renouveau économique: ébauche d'un programme" (PDF). Brussels Economic Review (94): 163–185 – via IDEAS.
  8. ^ "Emeritus fellows". European Economic Association.
  9. ^ "Herbert Glejser | Fulbright Scholar Program".
  10. ^ "Herbert Glejser: 'Elisabethwedstrijd verloopt niet eerlijk'". De Morgen. 5 October 2002.
  11. ^ a b Glejser, Herbert (1969), A New Test for Heteroskedasticity, Journal of the American Statistical Association, 64:325, 316-323, DOI: 10.1080/01621459.1969.10500976
  12. ^ Park, R. E. (1966). "Estimation with Heteroscedastic Error Terms". Econometrica. 34 (4): 888. JSTOR 1910108
  13. ^ Godfrey, Leslie G. (1996). "Some results on the Glejser and Koenker tests for heteroskedasticit". Journal of Econometrics. 72 (1–2): 275–299. doi:10.1016/0304-4076(94)01723-9.
  14. ^ Im, Kyung So, (2000), Robustifying Glejser test of heteroskedasticity, Journal of Econometrics, 97, issue 1, 179-188
  15. ^ Machado, José António and Santos Silva, João, (2000), Glejser's test revisited, Journal of Econometrics, 97, issue 1, 189-202
  16. ^ Gignac, Gilles E.; Zajenkowski, Marcin (2020). "The Dunning-Kruger effect is (mostly) a statistical artefact: Valid approaches to testing the hypothesis with individual differences data". Intelligence. 80. doi:10.1016/j.intell.2020.101449. S2CID 216410901.
  17. ^ "Une nouvelle revue économique européenne". Économie et statistique. 4: 71–72. September 1969. doi:10.3406/estat.1969.1826.
  18. ^ Glejser, Herbert; Waelbroeck, Jean (1986). "A few words to the readers". European Economic Review. 30 (1): 1–3. doi:10.1016/0014-2921(86)90028-0.
  19. ^ Eckstein, Zvi; Gal-Or, Esther; Gylfason, Thorvaldur; Pfann, Gerard A.; von Hagen, Juergen (2006). "A tribute to the founders". European Economic Review. 50 (1): v. doi:10.1016/j.euroecorev.2005.11.001.
  20. ^ (en) Glejser, Herbert, (2012), The United States Is Edging towards a Comparative Advantage in Services, CESifo Forum, 13 (2), 66-68, Munich, Germany
  21. ^ (en) Glejser, Herbert, (2002), The support of the euro in the fifteen EU countries - politics and economics, CESifo Forum, 3 (1), 60-62, Munich, Germany
  22. ^ (en) Glejser, Herbert, (2000), Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport, No 294, CESifo Working Paper Series, Munich, Germany
  23. ^ (pt) Glejser, Herbert, and Moro, Sueli, (1995), Estimativas dos efeitos no comércio da entrada de Portugal e Espanha na União Européia, Nova Economia, 5, issue 2, p. 119-136, Brasil
  24. ^ (fr) Glejser, Herbert and Waelbroeck, Jean, (1982), Du nouveau franc au renouveau économique: ébauche d'un programme, Brussels Economic Review, 94, issue, p. 163-185
  25. ^ Glejser, Herbert (1976). Quantitative studies of international economic relations. Amsterdam; New York; Oxford: North Holland; Elsevier. p. 281. ISBN 0-7204-0427-4.
  26. ^ (en) Glejser, H., and Halberthal, I., (1971), Higher inflation rates and international imbalances, Brussels Economic Review, 50, 205-208
  27. ^ (en) Glejser, Herbert, (1968), An explanation of differences in trade-product ratios among countries, Brussels Economic Review, 37, 47-58
  28. ^ (it) Glejser, Herbert, (1966), Controllo economico, gratuità e benessere, Rivista internazionale di scienze economiche e commerciali, 13, 1162-1170
  29. ^ (en) Glejser, Herbert, (1965), Inflation, productivity, and relative prices - A statistical study, Harvard University Press, The review of economics and statistics, 1965, Vol.47 (1), 76-80
  30. ^ (fr) Glejser, Herbert, (1959), Croissances industrielles comparées de l'Union Soviétique et des États-Unis, Brussels Economic Review, 3, 379-408
  31. ^ Glejser, Herbert (1954). La Rencontre à l'aube. Malines: Éditions du Cercle d'études littéraires françaises (C.E.L.F.). OCLC 468079732.
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