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Department of Economics
University of Chicago
1126 East 59th Street
Chicago, Illinois 60637

Citizenship: USA
Birth: October 26, 1952


1978 Ph.D. (Economics) University of Minnesota, Minneapolis, Minnesota
1974 B.S. (Mathematics & Political Science) Utah State University, Logan, Utah


2017 –present Professor in Finance, University of Chicago Booth School of Business
2017 –present Director, Macro Finance Research Program, University of Chicago
2010 –present David Rockefeller Distinguished Service Professor, University of Chicago
2007 – present Professor in Statistics, University of Chicago
1997 – 2010 Homer J. Livingston Distinguished Service Professor in Economics, University of Chicago
1990 – 1997 Homer J. Livingston Professor in Economics, University of Chicago
1984 – 1990 Professor in Economics, University of Chicago
1981 – 1984 Associate Professor, University of Chicago
1980 – 1981 Associate Professor, GSIA, Carnegie-Mellon University
1978 – 1980 Assistant Professor, GSIA, Carnegie-Mellon University


2009 Keio University, Faculty of Business and Commerce, Tokyo, Japan, Visiting Professor
2007 (Autumn) Northwestern University, Department of Economics, Nemmers Visiting Professor
2003 – 2005 University of Chicago, Graduate School of Business, Visiting Professor
1989 – 1990 Stanford University, Graduate School of Business, Visiting Professor
1986 Harvard University, Department of Economics, Visiting Professor
1983 Massachusetts Institute of Technology, Department of Economics, Visiting Professor
1981 – 1982 University of Chicago, Department of Economics, Visiting Associate Professor


2017 Chen Daisun Memorial Lecture in Economics, November, 2017, Tsinghua University
2016 The Burkett Miller Distinguished Lecture, University of Tennessee at Chattanooga
2016 CORE Nobel Talk, Université catholique de Louvain
2015 LAUNCH Distinguished Lecture, University of Illinois
2015 W.P. Carey Lecture, Colorado College
2014 IGIER Seminar Series, Università Bocconi
2013 1st Macro Finance Workshop, Macro Finance Society, Ohio State University
2010 Princeton Lectures in Finance, Princeton University
2009 JFEC Invited Lecture at SoFiE, Geneva
2008 Tjalling C. Koopmans Memorial Lecture, Cowles Foundation
2007 Presidential Address, Econometric Society
2007 Richard T. Ely Lecture, American Economic Association
2006 Fisher-Schultz Lecture, Econometric Society (European Meeting)
2005 The Third Toulouse Lectures in Economics, Toulouse School of Economics
1992 Lionel W. McKenzie Annual Lecture, University of Rochester


2019 Honorary Doctorate, Athens University of Economics and Business
2018 Honorary Professorship, Tilburg University, the Netherlands
2017 Honorary Professorship, Tsinghua University School of Economics and Management
2016 Honorary Doctor of Science, Colby College
2015 Honorary Professor in Economics, Universidad del Pacífico
2015 HEC Paris Honoris Causa Professor, HEC Paris
2014 Honorary Academician of Academia Sinica
2013 The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
2012 Honorary Doctorate, Utah State University
2010 BBVA Foundation Frontiers of Knowledge Award in Economics, Finance and Management
2008 CME Group-MSRI Prize in Innovative Quantitative Applications
2006 The Erwin Plein Nemmers Prize in Economics, Northwestern University
1997 – 1998 Faculty Award for Excellence in Graduate Teaching and Mentoring, University of Chicago
1984 Frisch Medal, Econometric Society (with Kenneth J. Singleton)


2013 – present Distinguished Fellow of Macro Finance Society
2007 – present American Finance Association Fellow
1999 – present National Academy of Sciences Fellow
1996 – 1997 John Simon Guggenheim Memorial Foundation Fellow
1993 – present American Academy of Arts and Sciences Member
1985 – present Econometric Society Fellow
1982 – 1984 Sloan Foundation Fellow


2012 – 2015 Co-Editor, Econometrica
2014 – 2017 Director and Co-Chair, Becker Friedman Institute
2011 – 2014 Research Director, Becker Friedman Institute
2011 Vice President, American Economic Association
2009 – 2012 Chairman, Section 54 Economic Sciences, National Academy of Sciences
2009 – 2011 Founding Director, Milton Friedman Institute
2007 President, Econometric Society
2006 First Vice-President, Econometric Society
2005 Second Vice-President, Econometric Society
1998 – 2002 Chairman, Department of Economics, University of Chicago
1988 – 1994 Director of Graduate Studies, Department of Economics, University of Chicago
1986 – 1990 Co-Editor, Econometrica

View full CV for List of Publications and Past and Current PhD Students