Robert Shimer

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Robert Shimer
Born (1968-08-21) August 21, 1968 (age 48)[1]
Nationality American
Institution University of Chicago
Field macroeconomics, labor economics
Alma mater MIT
Oxford University
Yale University
Olivier Blanchard[2]
Daron Acemoğlu[2]
Information at IDEAS / RePEc

Robert Shimer (born August 21, 1968) is an American macroeconomist and labor economist who currently holds the Alvin H. Baum Chair in the Economics Department of the University of Chicago.[3] He was an editor of the Journal of Political Economy from 2004 to 2012.[4] His research focuses on the search and matching approach to labor economics. He is especially known for arguing that the standard labor market matching model predicts fluctuations in the unemployment rate much smaller than those actually observed over the business cycle,[5] an observation which has sometimes been called the Shimer puzzle.[6] His book Labor Markets and Business Cycles was published in 2010 by Princeton University Press, and was recommended by Robert Hall:

Shimer's definitive account of the modern theory of labor market volatility presents many new results and deserves a prominent place on the bookshelf of every macroeconomist and labor economist.[7]


  1. ^ Robert Shimer's c.v.
  2. ^ a b Shimer, Robert (1996). Essays in search theory (Ph.D.). MIT. Retrieved 17 October 2016. 
  3. ^ Faculty list, Dept. of Economics, University of Chicago
  4. ^ Editorial Board, Journal of Political Economy.
  5. ^ Shimer, Robert (2005). "The Cyclical Behavior of Equilibrium Unemployment and Vacancies". American Economic Review. 95 (1): 25–49. doi:10.1257/0002828053828572. JSTOR 4132669. 
  6. ^ Cardullo, G. (2010). "Matching Models Under Scrutiny: An Appraisal of the Shimer Puzzle". Journal of Economic Surveys. 24 (4): 622–656. doi:10.1111/j.1467-6419.2009.00596.x. 
  7. ^ Endorsements of Labor Markets and Business Cycles, by R. Shimer

External links[edit]