Research Professor, Survey Research Center, Lawrence R Klein Collegiate Professor of Economics, Professor of Economics, College of Literature, Science, and the Arts
Biography
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.
Projects
Funded Research
- A Census-Enhanced Health and Retirement Study: A Proposal to Create and Analyze an HRS Dataset Enhanced with Characteristics of Employers
- Credit and Labour Market Foundations of the Macroeconomy
- Harnessing Naturally-Occurring Data to Study Financial Change of Older Americans
- Re-Inventing Measurement of Key Economic Indicators
- University of Michigan Retirement Research Center 2013-2018
- University of Michigan Retirement Research Center 2013-2018
Publications
- Gelman, Michael; Kariv, Shachar; Shapiro, Matthew D.; Silverman, Dan and Tadelis, Steven (2018). How Individuals Respond to a Liquidity Shock: Evidence from the 2013 Government Shutdown. Journal of Public Economics.
- Gelman, M.; Kariv, S.; Shapiro, Matthew D.; Silverman, D. and Tadelis, S. (2014). Microeconomics. Harnessing Naturally Occurring Data to Measure the Response of Spending to Income. Science (New York, N.Y.), 345(6193), 212-215.
- Sahm, Claudia R.; Shapiro, Matthew D. and Slemrod, Joel (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.
- Elsby, Michael W. L. and Shapiro, Matthew D. (2012). Why does Trend Growth Affect Equilibrium Employment? A New Explanation of an Old Puzzle. American Economic Review, 102(4), 1378-1413.
- Sahm, C. R.; Shapiro, Matthew D. and Slemrod, J. (2010). Household Response to the 2008 Tax Rebate: Survey Evidence and Aggregate Implications. Tax Policy and the Economy, 24, 69-110.
- Shapiro, Matthew D. (2009). Taxes and Business Investment: Lessons from the Past Decade, Discussion. In Viard,Alan D. (Ed.), Tax Policy Lessons from the 2000s. AEI Press:Washington, D.C.
- Kimball, Miles S.; Sahm, Claudia R. and Shapiro, Matthew D. (2009). Risk Preferences in the PSID: Individual Imputations and Family Covariation. American Economic Review, 99(2), 363-68.
- Kimball, Miles S.; Sahm, C. and Shapiro, Matthew D. (2008). Imputing Risk Tolerance from Survey Responses. Journal of the American Statistical Association, 103(483), 1028-1038.
- House, Christopher L. and Shapiro, Matthew D. (2008). Temporary Investment Tax Incentives: Theory with Evidence from Bonus Depreciation. American Economic Review, 98(3), 737-768.