Mariacristina De Nardi

Last updated
Mariacristina De Nardi
Born
Alma mater
Occupation(s)Economist, researcher, speaker, editor
Website http://users.nber.org/~denardim/

Mariacristina De Nardi is an economist who was born in Treviso, Italy. [1] She is the Thomas Sargent Professor at the University of Minnesota since 2019. [2] In 2013, De Nardi was appointed professor of economics at University College London; since September 2018, she has been a senior scholar at the Opportunity and Inclusive Growth Institute of the Federal Reserve Bank of Minneapolis. Her research interests include macroeconomics, public economics, wealth distribution, savings, social-insurance reform, social security, household economics, health shocks, medical expenses, fertility and human capital. [3]

Contents

Education

De Nardi received a B.A. in economics and commerce with highest honours from Ca' Foscari University of Venice in Italy in November 1993. [1] She received an M.A. degree in June 1998 and a Ph.D. in August 1999, both from the University of Chicago. [4] [5]

Career

After receiving her B.A. degree, De Nardi was a research fellow at Ca' Foscari University of Venice. [5] She became an economist at the Federal Reserve Bank of Chicago in 1998, was an assistant professor in the department of economics at the University of Minnesota from 2000 to 2005, and was a research assistant for Thomas J. Sargent. Before receiving her M.A. degree from the University of Chicago, De Nardi was a teaching assistant at the school. In addition to her appointments at University College London and the Federal Reserve Bank of Minneapolis, she has been a faculty research fellow at the National Bureau of Economic Research since 2006, [6] an international research fellow at the Institute of Fiscal Studies since 2015, [7] and a research fellow at the Center for Economic and Policy Research since 2016. [8] In 2018, De Nardi became first vice-president of the Midwest Economic Association. [9] She is a coordinator and leader in the Market Network at Human Capital and Economic Opportunity (HCEO). Before moving to the Federal Reserve Bank of Minneapolis in 2018, De Nardi was a senior economist and advisor in the research department of the Federal Reserve Bank of Chicago. [10] She is a fellow of the European Economic Association [11] and a research associate at the NBER.

She has been an editor of the Review of Economic Dynamics since 2017. [12] Since 2015, De Nardi has been on the editorial board of the Journal of Economic Literature [13] . From 2014 to 2017, she was associate editor of the Journal of the European Economic Association and Fiscal Studies . [5]

Publications

De Nardi has written over 30 articles on topics including the role of bequests and entrepreneurship in wealth distribution, the medical expenditures of the elderly, the impact of Social Security reform on the general economy, the relationship between fertility and social security, and the effects of estate taxation. [4]

Related Research Articles

Economics is a social science that studies the production, distribution, and consumption of goods and services.

In economics, a recession is a business cycle contraction that occurs when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending. This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale anthropogenic or natural disaster.

New Keynesian economics is a school of macroeconomics that strives to provide microeconomic foundations for Keynesian economics. It developed partly as a response to criticisms of Keynesian macroeconomics by adherents of new classical macroeconomics.

Business cycles are intervals of general expansion followed by recession in economic performance. The changes in economic activity that characterize business cycles have important implications for the welfare of the general population, government institutions, and private sector firms. There are numerous specific definitions of what constitutes a business cycle. The simplest and most naïve characterization comes from regarding recessions as 2 consecutive quarters of negative GDP growth. More satisfactory classifications are provided by, first including more economic indicators and second by looking for more informative data patterns than the ad hoc 2 quarter definition.

<span class="mw-page-title-main">J. Bradford DeLong</span> American economist

James Bradford "Brad" DeLong is an American economic historian who has been a professor of economics at the University of California, Berkeley since 1993.

A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices.

<span class="mw-page-title-main">Martin Feldstein</span> American economist (1939–2019)

Martin Stuart Feldstein was an American economist. He was the George F. Baker Professor of Economics at Harvard University and the president emeritus of the National Bureau of Economic Research (NBER). He served as president and chief executive officer of the NBER from 1978 to 2008. From 1982 to 1984, Feldstein served as chairman of the Council of Economic Advisers and as chief economic advisor to President Ronald Reagan. Feldstein was also a member of the Washington-based financial advisory body the Group of Thirty from 2003.

<span class="mw-page-title-main">Olivier Blanchard</span> French economist and professor

Olivier Jean Blanchard is a French economist and professor who currently serves as the Robert M. Solow Professor Emeritus of Economics at the Massachusetts Institute of Technology, and as the C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics. He was the chief economist at the International Monetary Fund from September 1, 2008, to September 8, 2015. Blanchard was appointed to the position under the tenure of Dominique Strauss-Kahn; he was succeeded by Maurice Obstfeld. According to IDEAS/RePEc, he is one of the most cited economists in the world.

<span class="mw-page-title-main">William A. Barnett</span> American economist

William Arnold Barnett is an American economist, whose current work is in the fields of chaos, bifurcation, and nonlinear dynamics in socioeconomic contexts, econometric modeling of consumption and production, and the study of the aggregation problem and the challenges of measurement in economics.

<span class="mw-page-title-main">Oded Galor</span> Israeli-American economist (born 1953)

Oded Galor is an Israeli-American economist who is currently Herbert H. Goldberger Professor of Economics at Brown University. He is the founder of unified growth theory.

Ricardo Jorge Caballero is a Chilean macroeconomist who is the Ford International Professor of Economics at the Massachusetts Institute of Technology. He also served as the Chairman of MIT's Economic Department from 2008 to 2011. He is a director of the World Economic Laboratory at MIT and an NBER Research Associate. Caballero received his PhD from MIT in 1988, and he taught at Columbia University before returning to the MIT faculty.

<span class="mw-page-title-main">History of macroeconomic thought</span>

Macroeconomic theory has its origins in the study of business cycles and monetary theory. In general, early theorists believed monetary factors could not affect real factors such as real output. John Maynard Keynes attacked some of these "classical" theories and produced a general theory that described the whole economy in terms of aggregates rather than individual, microeconomic parts. Attempting to explain unemployment and recessions, he noticed the tendency for people and businesses to hoard cash and avoid investment during a recession. He argued that this invalidated the assumptions of classical economists who thought that markets always clear, leaving no surplus of goods and no willing labor left idle.

<span class="mw-page-title-main">Steven Durlauf</span> American economist

Steven Neil Durlauf is an American social scientist and economist. He is currently Steans Professor in Educational Policy and the inaugural Director of the Stone Center for Research on Wealth Inequality and Mobility at the Harris School of Public Policy Studies at the University of Chicago. Durlauf was previously the William F. Vilas Research Professor and Kenneth J. Arrow Professor of Economics at the University of Wisconsin-Madison. As of 2021, is also a Part Time Professor at the New Economic School.

Michèle Tertilt is a German professor of economics at the University of Mannheim. Before, Tertilt was an assistant professor at Stanford University. She also spent a year at the University of Pennsylvania and one year as a research fellow at the Hoover Institution. She is currently a director of the Review of Economic Studies and associate editor of the Journal of Development Economics. In 2017 she received the Yrjö Jahnsson Award – a biennial award by the European Economic Association and the Yrjö Jahnsson Foundation to a European economist no older than 45 years, who has made a contribution in theoretical and applied research that is significant to economics in Europe. In September 2013 she was awarded the Gossen Prize – an annual award by the Verein für Socialpolitik which recognizes the best published economist under 45 working in the German-speaking area. Tertilt is the first woman to win this prestigious German prize in economics. In 2019, she was awarded the Gottfried Wilhelm Leibniz Prize by the Deutsche Forschungsgemeinschaft. Her main focus is around development and intra-family interactions. She has also worked on consumer credit and bankruptcies.

<span class="mw-page-title-main">Emi Nakamura</span> American economist (born 1980)

Emi Nakamura is a Canadian-American economist. She is the Chancellor's Professor of Economics at University of California, Berkeley. Nakamura is a research associate and co-director of the Monetary Economics Program of the National Bureau of Economic Research, and a co-editor of the American Economic Review.

<span class="mw-page-title-main">Claudia Sahm</span> American economist

Claudia Rae Sahm is an American economist, leading the Macroeconomic Research initiative of the Jain Family Institute. She was formerly director of macroeconomic policy at the Washington Center for Equitable Growth, and a Section Chief at the Board of Governors of the Federal Reserve System, where she worked in various capacities from 2007 to 2019. Sahm specializes in macroeconomics and household finance. She is best known for the development of the Sahm Rule, a Federal Reserve Economic Data (FRED) indicator for identifying recessions in real-time.

<span class="mw-page-title-main">Benjamin Moll</span> German macroeconomist (born 1983)

Benjamin Moll is a German macroeconomist who is Professor of Economics at the London School of Economics. He is the recipient of the 2017 Bernacer Prize for his "path-breaking contributions to incorporate consumer and firm heterogeneity into macroeconomic models and use such models to study rich interactions between inequality and the macroeconomy".

<i>After Piketty</i> 2017 collection of economic essays edited by Boushey, DeLong, and Steinbaum

After Piketty: The Agenda for Economics and Inequality is a 2017 collection of essays edited by the economists Heather Boushey, J. Bradford DeLong, and Marshall Steinbaum. The essays center on how to integrate inequality into economic thinking. Common themes are Thomas Piketty’s influence on academia and policy, the need for better wealth data, inequality in the United States, and the reasons for the process of wealth accumulation and rising inequality discussed by Piketty in his book Capital in the Twenty-First Century (2013). In the final entry, Piketty himself responds to the essays.

Eric Baird French is the Montague Burton Professor of Industrial Relations and Labour Economics at the University of Cambridge. He is also a Co-Director at the ESRC Centre for the Microeconomic Analysis of Public Policy, a Fellow at the Institute for Fiscal Studies and a Fellow at the Centre for Economic Policy Research. His research interests include: econometrics, labour and health economics.

Ufuk Akcigit is a Turkish economist. He is the Arnold C. Harberger Professor of Economics at the University of Chicago, the Kenneth C. Griffin Department of Economics since 2019. The same year, he also received the Max Planck-Humboldt Research Award for his achievements in the field of macroeconomics. In 2021, he was named John Simon Guggenheim Fellow and Econometric Society fellow for his work in Economics. In 2022, he received the prestigious Global Economy Prize in Economics from the Kiel Institute in Germany and the Sakıp Sabancı International Research Award.

References

  1. 1 2 "Mariacristina De Nardi Interview" . Retrieved March 29, 2019.
  2. "Faculty & Staff Directory". College of Liberal Arts | University of Minnesota. Retrieved 2021-08-14.
  3. "Mariacristina De Nardi HCEO" . Retrieved April 3, 2019.
  4. 1 2 "Mariacristina De Nardi UMich" . Retrieved March 30, 2019.
  5. 1 2 3 "Mariacristina De Nardi CV" (PDF). Retrieved March 29, 2019.
  6. "Mariacristina De Nardi". NBER. Retrieved 2021-08-14.
  7. "Mariacristina De Nardi -". ifs.org.uk. Archived from the original on 2022-01-27. Retrieved 2021-08-14.
  8. "Mariacristina De Nardi | Centre for Economic Policy Research". portal.cepr.org. Archived from the original on 2022-01-27. Retrieved 2021-08-14.
  9. "Mariacristina De Nardi MEA". Archived from the original on June 20, 2021. Retrieved April 3, 2019.
  10. "Mariacristina De Nardi" . Retrieved March 29, 2019.
  11. "Fellows | EEA". www.eeassoc.org. Retrieved 2021-03-21.
  12. "Review of Economic Dynamics - Editorial Board" . Retrieved April 3, 2019.
  13. "Editors of the Journal of Economic Literature" . Retrieved April 3, 2019.
  14. De Nardi, Mariacristina; Fella, Giulio; Knoef, Marike; Paz-Pardo, Gonzalo; Van Ooijen, Raun (May 2019). "Family and Government Insurance: Wage, Earnings, and Income Risks in the Netherlands and the US" (PDF). National Bureau of Economic Research. doi:10.3386/w25832. hdl:1887/82587. S2CID   164843961. NBER Working Paper No. 25832.{{cite journal}}: Cite journal requires |journal= (help)
  15. De Nardi, Mariacristina; Pashchenko, Svetlana; Porapakkarm, Ponpoke (2018). "The Lifetime Costs of Bad Health" (PDF). National Bureau of Economic Research.
  16. Borella, Margherita; De Nardi, Mariacristina; Yang, Fang (2018). "The Aggregate Implications of Gender and Marriage" (PDF). The Journal of the Economics of Ageing. 11: 6–26. doi: 10.1016/j.jeoa.2017.01.005 .
  17. Amromin, Gene; De Nardi, Mariacristina; Schulze, Karl (2018). "Inequality and Recessions". Chicago Fed Letter. 392: 1.
  18. French, Eric B; McCauley, Jeremy; Aragon, Maria; Bakx, Pieter; Chalkley, Martin; Chen, Stacey H; Christensen, Bent J; Chuang, Hongwei; Côté-Sergent, Aurelie; De Nardi, Mariacristina; Fan, Elliott; Échevin, Damien; Geoffard, Pierre-Yves; Gastaldi-Ménager, Christelle; Gørtz, Mette; Ibuka, Yoko; Jones, John B; Kallestrup-Lamb, Malene; Karlsson, Martin; Klein, Tobias J; De Lagasnerie, Grégoire; Michaud, Pierre-Carl; O'donnell, Owen; Rice, Nigel; Skinner, Jonathon S; Van Doorslaer, Eddy; Ziebarth, Nicolas R; Kelly, Elaine (2017). "End-of-life medical spending in last twelve months of life is lower than previously reported". Health Affairs. 36 (7): 1211–1217. doi: 10.1377/hlthaff.2017.0174 . PMID   28679807.
  19. De Nardi, Mariacristina; French, Eric; Jones, John Bailey (2010). "Why do the elderly save? The role of medical expenses" (PDF). Journal of Political Economy. 118: 39–75. doi:10.1086/651674. S2CID   222443728.
  20. Cagetti, Marco; De Nardi, Mariacristina (2006). "Entrepreneurship, Frictions, and Wealth". Journal of Political Economy. 114 (5): 835–870. CiteSeerX   10.1.1.148.2591 . doi:10.1086/508032. JSTOR   10.1086/508032. S2CID   158982115.
  21. Cagetti, Marco; De Nardi, Mariacristina (2008). "Wealth inequality: Data and models" (PDF). Macroeconomic Dynamics. 12: 285–313. doi:10.1017/S1365100507070150. S2CID   232394422.