Matthew D Shapiro
Lawrence R Klein Collegiate Professor of Economics, Professor of Economics, College of Literature, Science, and the Arts and Research Professor, Survey Research Center, Institute for Social Research
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BIO
Dr. Shapiro is a macroeconomist who has carried out research on business cycles, fiscal and monetary policy, consumption and saving, financial decision-making, economics of aging, and economic measurement. His current research includes using naturally-occurring data, also known as big data, for studying economic outcomes. This work uses checking and credit card accounts to estimate how spending responds to income. He also studies saving for retirement and long-term care using survey and financial account data. Currently, he co-leads a project that aims to re-engineer how inflation and GDP statistics are constructed by building them up from item-level retail transactions.
- Pamela Giustinelli, Matthew D Shapiro. 2024. SeaTE: Subjective Ex Ante Treatment Effect of Health on Retirement. American Economic Journal: Applied Economics 16(2):278-317.
- Patki, Dhiren, Matthew D Shapiro. 2023. Implicates as Instrumental Variables: An Approach for Estimation and Inference with Probabilistically Matched Data. Journal of Survey Statistics and Methodology 11(3):597-618.
- Gábor Kézdi, Matthew D Shapiro. 2023. Retirement expectations. Handbook of Economic Expectations :293-320.
- Ameriks, John, Caplin, Andrew, Minjoon Lee, Matthew D Shapiro, Tonetti, Christopher. 2023. Cognitive Decline, Limited Awareness, Imperfect Agency, and Financial Well-Being. American Economic Review: Insights 5(1):125-40.
- Gelman,Michael, Gorodnichenko, Yuriy, Kariv, Shachar, Koustas, Dmitri, Matthew D Shapiro, Silverman, Dan, Tadelis, Steven. 2023. The Response of Consumer Spending to Changes in Gasoline Prices. American Economic Journal: Macroeconomics 15(2):129-60.
- Michael Cafarella, ..., Shapiro,Matthew D, et al.. 2022. Infrastructure for Rapid Open Knowledge Network Development. AI Magazine 43(1):59-68.
- Kimball, Miles S, Shapiro, Matthew D, Private: Shumway, Tyler G, Zhang, Jing . 2020. Portfolio rebalancing in general equilibrium. Journal of Financial Economics 135(3):816-834.
- Michael Lee Gelman, Kariv, Shachar, Matthew D Shapiro, Silverman, Dan, Tadelis, Steven. 2020. How individuals respond to a liquidity shock: Evidence from the 2013 government shutdown. Journal of Public Economics 189:103917.
- Lee, Minjoon, Shapiro, Matthew D, Ameriks, John , Briggs, Joseph , Caplin, Andrew , Tonetti, Christopher . 2020. Older Americans Would Work Longer If Jobs Were Flexible. American Economic Journal: Macroeconomics 12(1):174-209.
- Gabriel Ehrlich, John Haltiwanger, Ron Jarmin, Johnson, David Scott, Shapiro, Matthew D. 2020. Re-Engineering Key National Economic Indicators.