SAMUEL
T. LIU
Education
Massachusetts Institute of Technology
Ph.D. degree in Economics, 2000.
Fields of Specialty: Labor Economics, Econometrics,
Finance, Industrial Organization.
B.A. degree in Economics, summa cum laude, 1995.
Top student in the Economics
department - Halbert White ’72 Prize in Economics.
Experience
CORNERSTONE RESEARCH
Manager.
Prepared economic expert witness
testimony for complex business litigation including antitrust, intellectual
property, and general damages cases. Conducted economic and econometric research
with Professors at Stanford, U.C. Berkeley, M.I.T.,
2000 - 2006.
Massachusetts Institute of Technology
Teaching Assistant.
Principles of
Microeconomics.
Prepared and gave lectures three times a week. Prepared exams and weekly assignments. Two semesters as a
recitation instructor for Professors Jonathan Gruber and Franklin Fisher.
1997 - 2000.
Research Assistant.
Professor Jonathan Gruber.
Conducted
research for “Tax Subsidies for Employer-Provided Health Insurance,” written
with James Poterba, Brookings Meetings on Public Finance
1995.
Research Assistant.
Professor David
Card (now at U.C. Berkeley).
Conducted research for “Minimum Wages and Employment: A Case Study of the Fast Food Industry in
School
Quality and Student Achievement,” NBER Working Paper 6766, October 1998; Myth and
Measurement: The New Economics of the Minimum Wage (Princeton University Press, 1995).
1993
- 1995.
Skills
STATA
and SAS for complex statistical and econometric analysis in PC and UNIX
environments.
Awards
George and Obie
Shultz Fund Grant, 1999.
Albert Zesiger Fellowship, 1995-1997.
National Science Foundation
Graduate Fellowship Honorable Mention, 1995.
Halbert White ’72
Prize in Economics, 1995.
National Merit Scholar, 1991.
Despite
popular concerns that immigrants are harming the quality of education for native-born students,
surprisingly little research has been conducted to determine if this is actually the case. I use a reform in
I provide evidence that resources provided for immigrants help native Hispanic students.
“Grouped-data Instrumental Variables Estimation of the Labor Supply
Elasticity.”
Past estimates of the labor supply elasticity suffer
from problems of measurement error and the failure of tests of overidentifying restrictions. I use Angrist’s
method of efficient Wald estimation, where categorical variables serving to
group the data can be used as instrumental variables, to overcome these
problems. After applying this technique,
my estimates of the labor supply elasticity range from 0.133 to 0.276.
“Estimating Education Production
Functions with State SAT Scores.”
I analyze a large panel data
set of state average SAT scores to determine the effect of education policies
on student achievement. I examine
methods of correcting for selection bias.
Interests / Activities
Triathlons, running, volleyball,
tennis, hiking, backpacking, travel.
Captain,
MIT Intercollegiate Volleyball Team 1996-1998.