Halbert White studied economics at Princeton University (B.A. 1972) and MIT (Ph.D. 1976). He has been a professor at MIT, University of Rochester and is currently at the University of California, San Diego. He has been a member, chairman, as well as editor for several organizations and publications.
White works primarily in the field of econometrics. He switched his concentration from labor economics at MIT to econometrics after being awed by the power of its methodology. Within this area, White is interested in analyzing time-series data using nonlinear dynamic models leading to him becoming one of the pioneers in the theory and use of artificial neural networks—mathematical models that have been developed by cognitive scientists to mimic human intelligence. While the use of neural networks in economics is not widespread, White's work has shown that these new methods can be valuable for economic forecasting. He is also known for his formulation of Huber-White standard errors. His current interests lie in the inefficiencies and calendar effects of the stock market.
Halbert White is also a jazz musician and is involved in an effort to establish a Big Band and Jazz Hall of Fame.