David H. Romer | |
---|---|
Born | March 13, 1958 |
Nationality | United States |
Spouse(s) | Christina Romer |
Institution | University of California, Berkeley |
Field | Macroeconomics |
School or tradition |
New Keynesian economics |
Alma mater |
MIT Princeton University |
Doctoral advisor |
Stanley Fischer |
Influences | John Maynard Keynes |
Information at IDEAS / RePEc |
David Hibbard Romer (born March 13, 1958) is an American economist, the Herman Royer Professor of Political Economy at the University of California, Berkeley, the author of a standard textbook in graduate macroeconomics as well as many influential economic papers, particularly in the area of New Keynesian economics. He is also the husband and close collaborator of Council of Economic Advisers former Chairwoman Christina Romer.
After graduating from Amherst Regional High School in Amherst, Massachusetts in 1976, he obtained his bachelor's degree from Princeton University in 1980, graduating as the valedictorian of his class, and worked as a Junior Staff Economist at the Council of Economic Advisers during 1980–1981, before beginning his Ph.D. at the Massachusetts Institute of Technology, which he completed in 1985. A reduced version of his undergraduate thesis research was published in the Review of Economics and Statistics. Upon completion of his doctorate, he started working as an assistant professor at Princeton University. In 1988 he moved to University of California, Berkeley and was promoted to full professor in 1993.
Romer's early research made him one of the leaders of the New Keynesian economics. Specifically, an influential paper with Laurence Ball, published in 1989, established that real rigidities (that is, stickiness in relative prices) can exacerbate nominal rigidities (that is, stickiness in nominal prices).