Modeling with Impact

Lawrence Christiano

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Lawrence Christiano is a professor of economics at Northwestern University. He has also taught at Carnegie Mellon University and the University of Chicago.

Lawrence Christiano's research has been focused primarily on the problem of determining how the government's monetary and fiscal instruments ought to respond to shocks over the business cycle. This research has two parts: one involves formulating and estimating an empirically plausible model of the macroeconomy, and the second involves developing economic concepts and computational methods for determining optimal policy in an equilibrium model. He is a Fellow of the Econometric Society, and a research associate of the National Bureau of Economic Research.

Christiano's work has been published in numerous journals, including the Journal of Economic Theory, the American Economic Review, and the Review of Economics and Statistics. In addition to his work for the Federal Reserve Bank of Minneapolis, he has served as a research consultant for the Fed’s Board of Governors and the Federal Reserve Banks of Cleveland, Chicago, and Atlanta. He has served as a visiting scholar at the International Monetary Fund and European Central Bank.

Professor Christiano received his B.A. in History and Economics and M.A. in Economics at the University of Minnesota. He went on to earn his M.Sc. in Econometrics and Mathematical Economics at the London School of Economics and his Ph.D. at Columbia University.