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.
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