Prof. Shapiro is the Lawrence R. Klein Collegiate Professor of Economics, College of Literature, Science, and the Arts and Research Professor, Survey Research Center, Institute for Social Research, at the University of Michigan, Ann Arbor.
Prof. Shapiro’s general area of research is macroeconomics. He has studied investment and capital utilization, business-cycle fluctuations, consumption and saving, financial markets, monetary policy, fiscal policy, and time-series econometrics. Among his current research interests are consumption, saving, retirement, and portfolio choices of households, the effects of tax policy on investment, using surveys in macroeconomics, and improving the quality of national economic statistics.