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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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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.

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