Research Affiliate, Population Studies Center.
Lawrence R. Klein Collegiate Professor, Economics.
Research Professor, Survey Research Center.
Ph.D., Massachusetts Institute of Technology
Dr. Shapiro's research interests include investment and capital utilization, business-cycle fluctuations, consumption and saving, financial markets, fiscal policy, monetary policy, time-series econometrics, and survey research. He has studied the effects of recent changes in tax policy on investment, employment, and output; the saving, retirement, and portfolio choices of households; ways to improve the quality of national economic statistics; and the use of surveys to address questions in macroeconomics.
Sahm, Claudia R., Matthew D. Shapiro, and Joel Slemrod. 2012. "Check in the Mail or More in the Paycheck: Does the Effectiveness of Fiscal Stimulus Depend on How It Is Delivered?" American Economic Journal: Economic Policy, 4(3): 216-250. PMCID: PMC3747574. DOI.
Elsby, Michael W.L., and Matthew D. Shapiro. 2012. "Why does trend growth affect equilibrium employment? A new explanation of an old puzzle." American Economic Review, 102(4): 1378-1413. DOI. Abstract.
Kimball, Miles, Claudia R. Sahm, and Matthew D. Shapiro. 2009. "Risk Preferences in the PSID: Individual Imputations and Family Covariation." American Economic Review, 99(2): 363-368. PMCID: PMC2995549. DOI. Abstract.
Kimball, Miles, Claudia R. Sahm, and Matthew D. Shapiro. 2008. "Imputing Risk Tolerance from Survey Responses." Journal of the American Statistical Association, 103(483): 1028-1038. PMCID: PMC2856097. DOI. Abstract.
Gorodnichenko, Yuriy , and Matthew D. Shapiro. 2007. "Monetary Policy When Potential Output Is Uncertain: Understanding the Growth Gamble of the 1990s." Journal of Monetary Economics, 54(4): 1132-1162. DOI. Abstract.
Sahm, Claudia R., Matthew D. Shapiro, and Joel Slemrod. 2010. "Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications." In Tax Policy and the Economy. Vol. 24. edited by Jeffery R. Brown. Chicago: University of Chicago Press. Abstract.