James D. Hamilton     Eric M. Leeper     Kevin S. Milligan     Paola Sapienza     Luigi G. Zingales    

NBER Profile: James D. Hamilton

James D. Hamilton is a Research Associate in the NBER's Programs on Economic Fluctuations and Growth and Environmental and Energy Economics. He has also been a professor in the Economics Department at the University of California at San Diego (UCSD) since 1992, and served as department chair from 1999-2002.

Hamilton received a Ph.D. in economics from the University of California at Berkeley in 1983. Before joining the UCSD faculty, he taught at the University of Virginia. He also has been a visiting scholar at the Federal Reserve Board in Washington, DC, and at the Federal Reserve Banks of Atlanta, Boston, New York, and San Francisco.

Hamilton's research and publications focus on econometrics, business cycles, monetary policy, and energy markets. His graduate textbook on time-series analysis has almost 10,000 scholarly citations and has been translated into Chinese, Japanese, and Italian. Academic honors include election as a Fellow of the Econometric Society.

Hamilton is co-author (along with University of Wisconsin professor and NBER Research Associate Menzie Chinn) of Econbrowser, a popular weblog covering current economic conditions and policy. Hamilton is married to Marjorie A. Flavin, who is also an NBER Research Associate and a professor of economics at UCSD.

James D. Hamilton

NBER Profile: Eric M. Leeper

Eric Leeper has been an NBER Research Associate in the Program on Economic Fluctuations and Growth since 2005. He is also a professor of economics and the director of the Center for Applied Economics and Policy Research at Indiana University, a distinguished visiting professor of business and economics at Monash University, and an external advisor to the Swedish central bank (Sveriges Riksbank).

Leeper received a B.S. in economics from George Mason University in 1980 and a Ph.D. in economics from the University of Minnesota in 1989. Prior to joining the Indiana University faculty in 1995, he was a research officer in the macro policy group at the Federal Reserve Bank of Atlanta and spent four years as a staff economist in the International Finance Division of the Federal Reserve Board of Governors. His research focuses on theoretical and empirical models of macro policy, with special emphasis on monetary-fiscal policy interactions.

Leeper was born in Isfahan, Iran, and spent his school-age years in Taiwan, Malaysia, Seattle, Hong Kong, and Northern Virginia. He now lives in Bloomington, Indiana with his wife, Susan Monaco, and their two children, Sam and Sydney. When he is not fretting about the government's budget constraint, he is fingering the frets on his guitar.

Eric M. Leeper

NBER Profile: Kevin S. Milligan

Kevin S. Milligan is a Research Associate in the NBER's Programs on Aging and Public Economics and an Associate Professor of Economics at the University of British Columbia (UBC). He received his Ph.D. in Economics from the University of Toronto in 2001 and joined the UBC economics faculty that year. He was also a Visiting Associate Professor in the Department of Economics at Simon Fraser University from July 2008 to June 2009.

Milligan's research has focused on policies related to the wellbeing of children and seniors, studying issues such as child tax benefits, parental leave, tax-preferred savings, and retirement decisions. He has taught public finance and program evaluation at the graduate level, and leads a senior undergraduate seminar on the economics of taxation.

In addition to his teaching and research, Milligan serves as Co-Director with Tammy Schirle of the CLSRN project "Challenges for Canada's Retirement Income System." He is also Associate Editor of the journal, Canadian Public Policy, and is on the Editorial Board of the Canadian Tax Journal and the Journal of Pension Economics and Finance.

When time permits, Milligan enjoys spending time in the outdoors and listening to music with his family.

Kevin S. Milligan

NBER Profile: Paola Sapienza

Paola Sapienza is a Research Associate in the NBER's Program on Corporate Finance and Political Economy and a professor of finance at Northwestern University's Kellogg School of Management. She joined the Kellogg School faculty in 1998 after receiving a Ph. D. in economics from Harvard University.

Sapienza holds a bachelor's degree in economics from Bocconi University in Italy, and has worked as an economist in the Bank of Italy's research department. Her areas of expertise include banking and financial institutions, behavioral economics, behavioral finance, corporate finance, emerging markets, and the regulation of financial markets, private equity, and venture capital.

Sapienza is a director of the American Finance Association and currently serves as an associate editor of Management Science. She lives in Evanston with her husband, Salvatore, and their two sons, Matteo and Carlo.

Paola Sapienza

NBER Profile: Luigi G. Zingales

Luigi G. Zingales is a Research Associate in the NBER's Programs on Corporate Finance and Political Economy and the Robert C. McCormack Professor of Entrepreneurship and Finance at the University of Chicago's Booth School of Management. He received a bachelor's degree in economics from Universita Bocconi in Italy in 1987 and a Ph.D. in economics from MIT in 1992. He joined the Chicago Booth faculty in 1992.

Zingales studies the theory of the firm, the relationship between organization and financing, and the decision to go public. He is also the co-developer of the Financial Trust Index, which is designed to monitor the level of trust that Americans have toward their financial system. His work has been published in the Journal of Financial Economics, the Journal of Finance, and the American Economic Review, and he is co-author, with NBER Research Associate Raghuram G. Rajan, of Saving Capitalism from Capitalists.

Zingales was born in Italy, a country with high inflation and unemployment which inspired his professional interests as an economist. In addition to teaching and researching, Zingales enjoys cooking and spending time with his children.

Luigi G. Zingales

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