Lawrence Christiano is the Alfred W. Chase Chair in Business Institutions and a professor of economics at Northwestern University. He has been affiliated with the Bank since 1985. He has also taught at Carnegie Mellon University and the University of Chicago.

Larry received his B.A. in history and economics and M.A. in economics at the University of Minnesota. He then went on to earn his M.Sc. in econometrics and mathematical economics at the London School of Economics and his Ph.D. at Columbia University. His research has focused on macroeconomic theory, policy, and econometrics.

Larry’s work has been published in Journal of Economic Theory, American Economic Review, Review of Economics and Statistics, and numerous other journals. In addition to his work for the Minneapolis Fed, he has also served as a research consultant for the Fed’s Board of Governors and the Federal Reserve Banks of Cleveland and Chicago, and has been a visiting scholar at the International Monetary Fund and European Central Bank. He is the recipient of six National Science Foundation grants and is a Fellow of the Econometric Society.

Why Does Inventory Investment Fluctuate so Much?

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