Dr. George C. Tiao, W. Allen Wallis Professor of Econometrics and Statistics of the Graduate School of Business at the University of Chicago was awarded an honorary doctorate by the Universidad Carlos III de Madrid in Spain on February 21, 2003. Dr. Tiao's pioneering work in model-based seasonal adjustment, outlier detection and time-series model specification formed the foundation of seasonal adjustment procedures widely used by governments worldwide to process thousands of monthly economic time series. His creative work in multivariate time series analysis has influenced much of the current research.
In parallel with his research, Dr. Tiao is persistent in his effort to advance worldwide the statistics profession. He has had significant impact on the research departments of central banks of Italy, Spain, and Taiwan. His work has been broadly recognized by the worldwide statistics community. In addition to winning both the American Statistical Association's Wilks Memorial Medal and the Washington Statistical Society's Julius Shiskin Award in 2001, he is a Fellow of the American Statistical Association and the Institute of Mathematical Statistics, an elected member of Academia Sinica in Taiwan, and an elected member of the International Statistical Institute. Dr. Tiao was the founding president of the International Chinese Statistical Association and the founding editor of Statistica Sinic.