BIO

Matthew Shapiro received B.A. and M.A. degrees from Yale and a Ph.D. in economics from MIT. At the University of Michigan, Professor Shapiro is Director and Research Professor at the Institute for Social Research's (ISR) Survey Research Center and the Lawrence R. Klein Collegiate Professor of Economics.

Shapiro is a macroeconomist. He has conducted research on business cycles, fiscal and monetary policy, consumption and saving, financial decision-making, economics of aging, and economic measurement. Currently, Shapiro leads a project that aims to re-engineer how inflation and GDP statistics are constructed by building them up from item-level retail transactions. In other work, he is studying how older Americans prepare financially for needing long-term care. He has extensive collaboration with firms and statistical agencies using commercial data for economic analysis.

The Survey Research Center (SRC) is a premier university-based center for survey research in the social sciences, and is the oldest and largest center in ISR. SRC pioneered the use of statistical sampling to provide representative data on social and economic variables and, increasingly, on health. Under Shapiro's leadership, SRC will be on the forefront of innovations that combine big data with surveys to improve measurement while reducing the burden on survey respondents and survey cost, in the process also maintaining SRC's long-standing diligence in protecting respondents' privacy and confidentiality.

In addition to his roles at the University, Shapiro is a Research Associate of the National Bureau of Economic Research and recently was editor of the American Economic Journal: Economic Policy. He is chair of the Federal Economic Statistics Advisory Committee-the official advisory committee of the Census Bureau, the Bureau of Labor Statistics, and the Bureau of Economic Analysis-and a member of the Academic Advisory Council of the Federal Reserve Bank of Chicago. He was chair of the Department of Economics at the University of Michigan and previously was a faculty member at Yale University and a senior economist for President Clinton's Council of Economic Advisers.