Lawrence R. Klein Collegiate Professor of Economics
611 Tappan Ave.
317 Lorch Hall
Ann Arbor, MI 48109-1220
Matthew D. Shapiro is the Lawrence R. Klein Collegiate Professor of Economics and the Director of the Survey Research Center at the University of Michigan. He is 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 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; and using data such as account records, retail transactions, and social media to measure and understand economic activity.
Shapiro is the chair of the Federal Economic Statistics Advisory Committee (FESAC)--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. Shapiro has served as chair of the American Economic Association Committee on Economic Statistics (AEAStat) and as a member of the National Academy of Science's Committee on National Statistics (CNSTAT) and its Panel on Non-Market Accounts.
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 and editor of the American Economic Journal: Economic Policy from 2014-2019. He was Chair of the Department of Economics, University of Michigan, from 2003 to 2007.
Matthew D. Shapiro is married to Susan L. Garetz, M.D., Professor of Otolaryngology-Head and Neck Surgery and Professor of Neurology Emeritus, University of Michigan Medical School. They have two children.
- Director, Survey Research Center
- Research Professor, Survey Research Center, Institute for Social Research
- Fiscal and Monetary Policy
- Economics of Aging
- Survey Research
- Big Data