Matthew D. Shapiro

Matthew D. Shapiro is the Lawrence R. Klein Collegiate Professor of Economics and Research Professor (Survey Research Center) at the University of Michigan. He is also a Research Associate of the National Bureau of Economic Research. Shapiro received B.A. and M.A. degrees from Yale in 1979 and a Ph.D. from M.I.T. in 1984.

Shapiro's general area of research is macroeconomics. He has carried out research on investment and capital utilization, business-cycle fluctuations, consumption and saving, financial markets, fiscal policy, monetary policy, time-series econometrics, and survey methodology. Among his current research interests are modeling how recent changes in tax policy affect investment, employment, and output; modeling saving, retirement, and portfolio choices of households; improving the quality of national economic statistics; and using surveys to address questions in macroeconomics.

During 1993-1994, Shapiro served as Senior Economist at the Council of Economic Advisers with responsibilities for macroeconomic analysis and the weekly economic briefing of the President. He was also a Junior Staff Economist at the Council during 1979-1980. Prior to joining the faculty of the University of Michigan in 1989, Shapiro was an Assistant Professor of Economics at Yale and a member of the Cowles Foundation for Research in Economics.  Shapiro was co-editor of the American Economic Review from 1997 to 2000.  He was Chair of the Department of Economics, University of Michigan, from 2003 to 2007.

Shapiro is currently chair of the Federal Economic Statistics Advisory Committee--the advisory committee of the Bureau of Labor Statistics, the Bureau of Economic Analysis, and the economic programs of the Census Bureau.  He is also a member of the Academic Advisory Panel of the Federal Reserve Bank of Chicago.  Shapiro has been a member National Academy of Science's Committee on National Statistics and its Panel on Non-Market Accounts.

Matthew D. Shapiro is married to Susan L. Garetz, M.D., Assistant Professor of Otolaryngology/Head and Neck Surgery, University of Michigan Health System.  They have two children.