Dr. Shapiro’s general area of expertise 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, economics of aging, economic measurement, and survey methodology. Among his current research interests are use of big data in economics; modeling saving, labor supply, retirement, health, insurance, and portfolio choices of older Americans; improving the quality of national economic statistics; using data such as account records, retail transactions, and social media to measure and understand economic activity.
Dr. Shapiro is the 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. He is a member of the Academic Advisory Council of the Federal Reserve Bank of Chicago. Dr. Shapiro 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.
Social Science Domains