Alexis Akira Toda

Alexis Akira Toda

Mathematical economist

Necessity of HARA for the concavity of consumption functions

less than 1 minute read

Published:

My paper “Necessity of Hyperbolic Absolute Risk Aversion for the Concavity of Consumption Functions” was accepted at Journal of Mathematical Economics. The publication process was quite efficient. I came up with the idea in late September 2020 and wrote a short paper. After getting rejected from a different journal, I sent to JME. I am very happy that it came out in less than three months after I have started the project. Journals in economics tend to be very slow in the review process, perhaps because many papers tend to be long and unfocused. We should all write concise and focused papers.

This paper marks my 30th published paper. I hope to maintain my productivity.

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Syllabus template

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Published:

As I am preparing for my first teaching assignments at Emory, I started from creating a syllabus template. My department provided a Word template, which was not exactly to my taste, so I wrote a template in \(\LaTeX\) here. The version titled syllabus_template.tex follows the basic structure of the Emory economics template, and the version titled syllabus_template_toda.tex adds some of my information that I use across all my courses. A few comments:

Income inequality at UCSD economics, 2023

less than 1 minute read

Published:

The compensation at University of California has just published the figures for 2023. I have updated the data set for my paper and run regressions. In case readers are interested in predicting their salaries, the prediction equation in 2023 is \[\log y = 12.12 -0.0100T + 0.0052N_\textrm{pub} + 0.0204N_\textrm{top5} + 0.2485D_\textrm{assoc} + 0.5048D_\text{full}, \] where \(y\) is the 9-month salary, \(T\) is the number of years elapsed since obtaining Ph.D., \(N_\textrm{pub}\) is the cumulative number of peer-reviewed research articles, \(N_\textrm{top5}\) is the cumulative number of top 5 publications, and \(D_\textrm{assoc}, D_\textrm{full}\) are dummy variables for associate and full professors.

Comparing taxable, traditional, and Roth accounts

2 minute read

Published:

Three years ago, I wrote a blog post in which I mentioned that I stopped (strictly speaking, significantly reduced) contributing in 403(b) and 457(b) retirement savings plans because I could no longer afford it.