Lawrence Christiano

Lawrence Christiano is the Alfred W. Chase Professor of Business Institutions. He joined the Northwestern University faculty in 1992 and is a consultant to the Federal Reserve Banks of Chicago, Cleveland and Minneapolis, and a Research Affiliate of the National Bureau of Economic Research (NBER). In 2001, he was elected a Fellow of the Econometric Society.

Christiano's research has been focused primarily on the problem of determining how the government's monetary and fiscal instruments ought to respond to shocks over the business cycle. This research has two parts; one involves formulating and estimating an empirically plausible model of the macroeconomy, and the second involves developing economic concepts and computational methods for determining optimal policy in an equilibrium model. He has received numerous grants from the National Science Foundation and is an Associate Editor of the Journal of Money, Credit and Banking.

Christiano teaches macroeconomics, international finance and applied time series analysis. He received his PhD in economics from Columbia University. Prior to his appointment at Northwestern, Professor Christiano worked at the Federal Reserve Bank of Minneapolis (1985-1992) and was a professor at the University of Chicago (1981-1985).

Education Ph.D., 1982, Economics, Columbia University

M.Sc., 1977, Econometrics/Mathematical Economics, London School of Economics

M.A., 1975, Economics, University of Minnesota

B.A., 1973, History/Economics, University of Minnesota

Academic Positions Alfred W. Chase Chair in Business Institutions, Northwestern University, 2002-present

Professor of Economics, Department of Economics, Northwestern University, 1992-present

Visiting Professor of Economics, Department of Economics, Northwestern University, 1991-1991

Visiting Assistant Professor of Economics, Carnegie-Mellon University, 1984-1985

Assistant Professor of Business Economics, Graduate School of Business, University of Chicago, 1981-1985

Other Professional Experience Director, Federal Reserve Bank of Minneapolis, 1991-1992

Economist, then Senior Economist, then Research Officer, Federal Reserve Bank of Minneapolis, 1985-1992

Education Academic Positions Other Professional Experience