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.
- 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.
- Michael Cafarella, ..., Shapiro,Matthew D, et al.. 2022. Infrastructure for Rapid Open Knowledge Network Development. AI Magazine 43(1):59-68.
- Gabriel Ehrlich, John Haltiwanger, Ron Jarmin, Johnson, David Scott, Shapiro, Matthew D. 2020. Re-Engineering Key National Economic Indicators.
- John Ameriks, Joseph Briggs, Andrew Caplin, Matthew D Shapiro, Christopher Tonetti. 2020. Long-Term-Care Utility and Late-in-Life Saving. Journal of Political Economy 128(6):2375-2451.
- John Ameriks, Gabor Kezdi, Minjoon Lee, Matthew D Shapiro. 2020. Heterogeneity in Expectations, Risk Tolerance, and Household Stock Shares: The Attenuation Puzzle. Journal of Business & Economic Statistics 38(3):633-646.
- 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.
- 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.
- Gabriel Ehrlich, John Haltiwanger, Ron Jarmin, David Scott Johnson, Matthew D Shapiro. 2019. Minding Your Ps and Qs: Going from Micro to Macro in Measuring Prices and Quantities. AEA Papers and Proceedings 109:438-443.
- Hemphill, Libby, Shapiro, Matthew D. 2019. Appealing to the base or to the moveable middle? Incumbents' partisan messaging before the 2016 U.S. congressional elections. Journal of Information Technology & Politics 16(4):325-341.