J OHN S TACHURSKI

[email protected]

Fields of Interest
• Dynamic programming
• Distribution dynamics
• Computational methods
• Asset pricing
• Markov process theory

Professional Experience
• Professor, Research School of Economics, ANU, 2010–present
• Taught Ph.D level Advanced Macroeconomics, University of Minnesota, 2023
• Taught Ph.D core course Macroeconomics, New York University, 2018
• Visiting professor, Department of Economics, New York University, 2015–2016
• Associate professor, Research School of Economics, ANU, 2009–2010
• Associate professor, Kyoto Institute of Economic Research, 2006–2009
• Senior lecturer, Department of Economics, University of Melbourne, 2004–6
• Postdoctoral fellow, CORE, Université Catholique de Louvain, 2003–4
• Postdoctoral fellow, Kyoto Institute of Economic Research, 2002–3

Other Affiliations
• Co-Founder of QuantEcon, Member of Steering Committee
• Research Fellow, Research Institute for Economics and Business, Kobe University

Grants (as Lead Investigator)

• Schmidt Futures Donor Advisor Fund Gift (with Thomas J. Sargent), 2019
• Alfred P. Sloan Foundation Award G-2019-12432 (with Berkeley and NAU), 2019
• Alfred P. Sloan Foundation Award G-2016-7052 (QuantEcon / NumFOCUS), 2016
• Alfred P. Sloan Foundation Award G-2014-14522 (with Thomas J. Sargent), 2014
• Australian Research Council Discovery Grant DP120100321, 2012–2015
• Japan Society for the Promotion of Science Young Scientist Award, 2007–2009
• Murata Science Foundation Research Grant, 2006–2007

Fellowships
• Australian Research Council Future Fellow, 2017–2020
• Australian Research Council Discovery Outstanding Researcher Fellowship, 2012–2015
 • Australian Research Council Postdoctoral Fellowship DP0557625, 2004-2005
• CORE Fellowship, Université Catholique de Louvain, 2003–2004
• Japan Society for the Promotion of Science Postdoctoral Fellowship, 2002–2003

Scholarships
• Australian Postgraduate Award, 1999–2002
• Monbusho Research Scholarship (Tokyo University), 1993–7

Prizes and Awards

• 2007 IJET Lionel W. McKenzie Prize
• 2002 Melbourne University Chancellor’s Prize for Excellence

Books
• Dynamic Programming
with Thomas J. Sargent
Cambridge University Press, in press 2023
https://dp.quantecon.org

• Economic Networks: Theory and Computation

with Thomas J. Sargent
Cambridge University Press, in press 2023
https://networks.quantecon.org

• Economic Dynamics: Theory and Computation (second edition)

The MIT Press, 2022

• A Primer in Econometric Theory

The MIT Press, 2016

Online Lectures
• Quantitative Economics
with Thomas J. Sargent
https://lectures.quantecon.org

Chapters in Books
• Poverty Traps
with Costas Azariadis
Handbook of Economic Growth, S. Durlauf and P. Aghion, eds, 2005
Refereed Articles
• Asset Pricing with Time Preference Shocks: Existence and Uniqueness
with Ole Wilms and Junnan Zhang
Journal of Economic Theory, 216, 105781, 2024
• QuantEcon.Py: A Community Based Python Library for Quantitative Economics
with Quentin Batista, Chase Coleman, et al.
Journal of Open Source Software, DOI: 10.21105/joss.05585, 2023

• Coase Meets Bellman: Dynamic Programming for Production Chains

with Tomoo Kikuchi, Kazuo Nishimura and Junnan Zhang
Journal of Economic Theory, 196, 105287, 2021

• Dynamic Programming with Value Convexity

with Guanlong Ren
Automatica, 130, 109641, 2021

• Stability of Equilibrium Asset Pricing Models: A Necessary and Sufficient Condition

with Jaroslav Borovička
Journal of Economic Theory, 193, 105227, 2021

• Dynamic Programming with State-Dependent Discounting

with Junnan Zhang
Journal of Economic Theory, 192, 105190, 2021

• Partial Stochastic Dominance via Optimal Transport

with Takashi Kamihigashi
Operations Research Letters, 48, 584–586, 2020

• Reproducibly Sampling SARS-CoV-2 Genomes Across Time, Geography, and Viral Diversity
with J. Gregory Caporaso et al.
F1000 Research, 9.657, 2020

• The Income Fluctuation Problem and the Evolution of Wealth

with Qingyin Ma and Alexis Akira Toda
Journal of Economic Theory, 187, 2020

• Necessary and Sufficient Conditions for Existence and Uniqueness of Recursive Utilities
with Jaroslav Borovička
Journal of Finance, 75, 1457–1493, 2020

• Trade Clustering and Power Laws in Financial Markets

with Makoto Nirei and Tsutomu Watanabe
Theoretical Economics, 15(4), 1365-1398, 2020

• Dynamic Programming Deconstructed

with Qingyin Ma
Operations Research, in press, 2020
• An Impossibility Theorem for Wealth in Heterogeneous-agent Models with Limited Heterogeneity
with Alexis Akira Toda
Journal of Economic Theory, 182, 1–24, 2019

• Optimal Timing of Decisions: A General Theory Based on Continuation Values

with Qingyin Ma
Journal of Economic Dynamics and Control, 101, 62–81, 2019

• A Unified Stability Theory for Classical and Monotone Markov Chains

with Takashi Kamihigashi
Journal of Applied Probability, 56.1, 2019

• Span of Control, Transacion Costs and the Structure of Production Chains

with Tomoo Kikuchi and Kazuo Nishimura
Theoretical Economics, 13(2), 729–760, 2018

• Volatile Capital Flows and Financial Integration: The Role of Idiosyncratic Risk
with Tomoo Kikuchi and George Vachadze
Journal of Economic Theory, 176, 170–92, 2018

• Seeking Ergodicity in Dynamic Economies

with Takashi Kamihigashi
Journal of Economic Theory, 163, 900–924, 2016

• Simulation-Based Density Estimation for Time Series using Covariate Data

with Yin Liao
Journal of Business and Economic Statistics, 33, 595–606, 2015

• Perfect Simulation for Models of Industry Dynamics

with Takashi Kamihigashi
Journal of Mathematical Economics, 56, 9–14, 2015

• Solving the Income Fluctuation Problem with Unbounded Rewards

with Huiyu Li
Journal of Economic Dynamics and Control, 45, 353–365, August 2014

• Stochastic Stability in Monotone Economies

with Takashi Kamihigashi
Theoretical Economics, 9 (2), 383-407, 2014

• Stochastic Optimal Growth with Risky Labor Supply

with Yiyong Cai and Takashi Kamihigashi
Journal of Mathematical Economics, 50, 167–176, 2014

• Fitted Value Function Iteration with Probability One Contractions

with Jeno Pal
Journal of Economic Dynamics and Control, 37 (1), 251-264, 2013

• Simple Fixed Point Results for Order-Preserving Self-Maps and Applications to Nonlinear Markov
Operators
with Takashi Kamihigashi
 Fixed Point Theory and Applications, 2013:351, 2013

• Generalized Look-Ahead Methods for Computing Stationary Densities

with R. Anton Braun and Huiyu Li
Mathematics of Operations Research, 37, 489-500, 2012

• An Order-Theoretic Mixing Condition for Monotone Markov Chains

with Takashi Kamihigashi
Statistics and Probability Letters, 82, 262–267, 2012

• Bounding Tail Probabilities in Dynamic Economic Models

Macroeconomic Dynamics, 16, 117–126, 2012

• Perfect Simulation of Stationary Equilibria

with Kazuo Nishimura
Journal of Economic Dynamics and Control, 34, 577–584, 2010

• Endogenous Inequality and Fluctuations in a Two-Country Model

with Tomoo Kikuchi
Journal of Economic Theory, 144 (4), 1560–1571, 2009

• On Geometric Ergodicity of the Commodity Pricing Model

with Kazuo Nishimura
International Journal of Economic Theory, 5 (3), 293–300, 2009

• Equilibrium Storage with Multiple Commodities

with Kazuo Nishimura
Journal of Mathematical Economics, 45, 80–96, 2009

• Computing the Distributions of Economic Models via Simulation

with Vance Martin
Econometrica, 76 (2), 443–450, 2008

• Continuous State Dynamic Programming via Nonexpansive Approximation

Computational Economics, 31 (2), 141–160, 2008

• Log-Linearization of Stochastic Economic Models

Journal of Difference Equations and Applications, 13 (2&3), 217–222, 2007

• Parametric Continuity of Stationary Distributions

with Cuong Le Van
Economic Theory, 33 (2), 333–348, 2007

• Stochastic Optimal Growth when the Discount Rate Vanishes

with Kazuo Nishimura
Journal of Economic Dynamics and Control, 31 (4), 1416–1430, 2007

• Stochastic Optimal Growth with Nonconvexities

with Kazuo Nishimura and Ryzard Rudnicki
Journal of Mathematical Economics, 42 (1), 74–96, 2006
 • Some Stability Results for Markovian Economic Semigroups
with Leonard Mirman and Kevin Reffett
International Journal of Economic Theory, 1 (1), 57–72, 2005

• Stability of Stochastic Optimal Growth Models: A New Approach

with Kazuo Nishimura
Journal of Economic Theory, 122 (1), 100–118, 2005

• Stochastic Growth with Increasing Returns: Stability and Path Dependence

Studies in Nonlinear Dynamics and Econometrics, 7 (2), Article 1, July 2003

• Stochastic Growth: Asymptotic Distributions

Economic Theory, 21 (4), 913–919, 2003

• Economic Dynamical Systems with Multiplicative Noise

Journal of Mathematical Economics, 39 (1–2), 135–152, 2003

• Stochastic Optimal Growth with Unbounded Shock

Journal of Economic Theory, 106 (1), 40–65, 2002

Other Publications
• Corrigendum to An Impossibility Theorem for Wealth in Heterogeneous-Agent Models with Limited
Heterogeneity
with Alexis Akira Toda
Journal of Economic Theory, in press, 2020

• Nonlinear Dynamics in Equilibrium Models: Chaos, Cycles and Indeterminacy

with Alain Venditti and Makoto Yano (eds)
Springer, 2012

Other Professional Activities

• Program Chair
– World Congress of the Econometric Society 2020: Computational Economics

• Advisory Boards
– OSE Lab, Becker-Friedman Institute, University of Chicago, 2017-
– Alfred P. Sloan Foundation Digital Technology Advisory Group, 2017-2019

• Workshops
– Lead organizer, workshop on dynamic programming and high performance
computing at the Central Bank of Chile, September 2022
– Ran QuantEcon PhD-level workshops on computational economics at Columbia
University (2017, 2018, 2023), MIT (2017), Harvard (2017), Princeton (2017), Berkeley
(2017), Stanford (2017), UCLA (2017), UCSD (2017)
 – Lead organizer of the RBA–RBNZ Computational Economics with Julia
Workshops in Australia and NZ, March 2017
– Lead organizer of the Econometric Society Workshop on Python and Julia at the
Summer Meetings of the Econometric Society, Philadelphia, June 2016
– Co-organized and ran the Workshop on Scientific Computing at the Federal Reserve
Bank of Chicago, May 2016

• Short Courses
– Open Source Macroeconomics Lab instructor, University of Chicago , June 2018
– Shenzhen Winter School Computational Economics instructor, June 2018
– Columbia University Mini Course on Computational Economics, March 2018
– Tinbergen Short Course on Computational Economics, June 2018
– Open Source Macroeconomics Lab instructor, University of Chicago , June 2017

• Keynotes and Invited Sessions

– Invited speaker, computational methods seminar, International Monetary Fund,
October 2023
– Invited speaker at Deep Learning for Solving and Estimating Dynamic Models,
Lausanne, September 2023
– Invited talk on dynamic programming at the Dynamic Structural Estimation
Conference, December 2022
– 2018 Econometric Society Australiasian Meeting, Auckland, July 2018
– 26th Annual Symposium of the Society for Nonlinear Dynamics and Econometrics,
Tokyo, March 2018
– 2013 Econometric Society Australiasian Meeting, Sydney, July 2013

• Research Visits
– New York University, October 2023
– Tokyo College, Tokyo University, April 2023
– Kobe University, April 2023
– Department of Economics, Tokyo University, July 2022
– RIEB, Kobe University, October 2019
– National University of Singapore, Economics Department, December 2018
– Chicago University, Becker–Friedman Institute, July 2018
– Tinbergen Institute, June 2018
– Department of Economics, Copenhagen University, May 2018
– Chicago University, Becker–Friedman Institute, July 2017
– RIEB Kobe University, February 2017
– Singapore Management University, January 2017
– Department of Economics, Keio University, October 2016
– Montana USA (working with Tom Sargent), August 2016
– Department of Economics, UC Santa Barbara, July 2016
 – Department of Economics, Georgetown University, May 2016
– Singapore Management University, January 2015
– RIEB Kobe University, September 2014
– New York University, April 2014
– Montana USA (working with Tom Sargent), September 2013
– National University of Singapore, August 2013
– Seoul National University, April 2013 and May 2013
– National University of Singapore, April 2013
– KIER, Kyoto University, December 2012
– National University of Singapore and Kyoto University, Sept/Oct 2012
– Department of Economics, National University of Singapore, July 2012
– KIER, Kyoto University and RIEBA, Kobe University, May 2012
– Department of Economics, Cornell University, December 2011
– KIER, Kyoto University, July 2011
– Department of Management Science, Stanford University, July 2011
– KIER, Kyoto University, November 2010
– Department of Economics, Tokyo University, February 2010
– KIER, Kyoto University, February 2010
– Department of Economics, Melbourne University, February 2008
– School of Economics, University of Tasmania, February 2008
– Department of Economics, Hokkaido University, January 2008
– Department of Economics, National University of Singapore, October 2007
– WP Carey School of Business, Arizona State University, February 2006
– Economics Department, UCLA, May 2005
– RIEBA, Kobe University, February 2005
– Economics Department, SMU, Dallas, January 2005
– G.R.E.Q.A.M. at Marseille, April 2004
– WP Carey School of Business, Arizona State University, March 2004
– Economics Department, UCLA, February 2004
– Institute of Mathematics, Silesian University, Poland, December 2001
– CentER, Tilburg University, The Netherlands, November 2001
– CERMSEM, Université Paris 1, Panthéon–Sorbonne, October 2001

Education
• Ph.D. in Economics, University of Melbourne, 2002
• Masters in Economics, University of Tokyo, 1997
• Bachelor of Arts, University of Melbourne, 1993

Other Skills
 • Japanese language
• Programming in Python, Julia and C; UNIX environment

Other Achievements
• Gold, first taekwondo Olympic selection trial, U58kg, 1999
• Gold, Australian national taekwondo championships, 54–58kg, 1993
• Gold, Japanese national taekwondo championships, U54kg, 1991