Dr Timothy Neal

Dr Timothy Neal

Senior Lecturer
Business School
School of Economics

Tim is a Scientia Senior Lecturer in the School of Economics and also the Institute for Climate Risk & Response (ICRR). His main research interests are panel data econometrics, machine learning, and climate change / environmental economics. His research has involved developing and applying large data to a diverse range of topics including the effects of climate change on crop yield, the impact of child labour on child development, and panic buying during the COVID pandemic. His future research agenda includes modelling the economic implications of climate change and exploring the synergies that exist between machine learning and econometric approaches to prediction and causal inference.

Alongside academic research, he has worked as an economic consultant on a full time and casual basis for prominent firms in Australia including Ernst & Young and Deloitte Access Economics.

Recipient of the prestigious Paul Bourke Award for Early Career Research in 2021 by the Academy of Social Sciences in Australia.

You can find his personal website .

  • Journal articles | 2024
    Keane MP; Neal T, 2024, 'A Practical Guide to Weak Instruments', Annual Review of Economics, 16, pp. 185 - 212,
    Journal articles | 2024
    Neal T, 2024, 'Estimating the effectiveness of forest protection using regression discontinuity', Journal of Environmental Economics and Management, 127,
    Journal articles | 2023
    Keane M; Neal T, 2023, 'Instrument strength in IV estimation and inference: A guide to theory and practice', Journal of Econometrics, 235, pp. 1625 - 1653,
    Journal articles | 2022
    Keane M; Krutikova S; Neal T, 2022, 'Child work and cognitive development: Results from four low to middle income countries', Quantitative Economics, 13, pp. 425 - 465,
    Journal articles | 2021
    Keane M; Ketcham J; Kuminoff N; Neal T, 2021, 'Evaluating Consumers’ Choices of Medicare Part D Plans: A Study in Behavioral Welfare Economics', Journal of Econometrics, 222, pp. 107 - 140,
    Journal articles | 2020
    Keane M; Neal T, 2020, 'Climate Change and U.S. Agriculture: Accounting for Multidimensional Slope Heterogeneity in Panel Data', Quantitative Economics, 11, pp. 1391 - 1429,
    Journal articles | 2020
    Keane M; Neal T, 2020, 'Comparing deep neural network and econometric approaches to predicting the impact of climate change on agricultural yield', Econometrics Journal, 23, pp. 59 - 80,
    Journal articles | 2020
    Keane M; Neal T, 2020, 'Consumer panic in the COVID-19 pandemic', Journal of Econometrics, 220, pp. 86 - 105,
    Journal articles | 2016
    Keane M; Neal T, 2016, 'The Keane and Runkle estimator for panel-data models with serial correlation and instruments that are not strictly exogenous', Stata Journal, 16, pp. 523 - 549,
    Journal articles | 2014
    Neal TJ, 2014, 'Panel cointegration analysis with xtpedroni', The Stata Journal, 14, pp. 684 - 692,
    Journal articles | 2013
    Neal T, 2013, 'Using Panel Co-Integration Methods To Understand Rising Top Income Shares', Economic Record, 89, pp. 83 - 98,
    Journal articles |
    Keane MP; Krutikova S; Neal T, 'The Impact of Child Work on Cognitive Development: Results from Four Low to Middle Income Countries', SSRN Electronic Journal,
  • Preprints |
    Keane MP; Neal T, 2SLS Using Weak Instruments: Implications for Estimating the Frisch Labor Supply Elasticity, ,
    Preprints |
    Keane MP; Neal T, A New Perspective on Weak Instruments,
    Preprints |
    Keane MP; Neal T, Comparing Deep Neural Network and Econometric Approaches to Predicting the Impact of Climate Change on Agricultural Yield,
    Preprints |
    Keane MP; Neal T, Consumer Panic in the COVID-19 Pandemic,
    Preprints |
    Keane MP; Neal T, The Impact of Climate Change on US Agriculture: The Roles of Adaptation Techniques and Emissions Reductions,
    Preprints |
    Neal T, Institutions and the Effectiveness of Environmental Protection, ,
    Preprints |
    Neal T, Multidimensional Slope Heterogeneity in Panel Data Models, ,

ASSA 2021 Recipient of the Paul Bourke Award for Early Career Research

Notable Mentions of Research in the Media:

Shane Wright, "'Panic index' shows Australians were the world's best panic buyers", The Sydney Morning Herald / The Age, June 2 2020 []

Naaman Zhou, "Off the chart: Australians were world leaders in panic buying, beating UK and Italy", The Guardian, June 3 2020 []

Media Articles:

“Labor’s ‘sensible’ budget leaves Australians short-changed on climate action. Here’s where it went wrong”, The Conversation / ABC News, Available online: &