Ellen McGrattan

Ellen
Ellen McGrattan
McGrattan is
an American Born October 4, 1962 (age 58)
Nationality American

Academic background

Alma Boston College (BS)

mater Stanford University (PhD)

Computation and Application of

Thesis Equilibrium Models with
Distortionary Taxes (1989)
Academic work
Discipline Economist

University of Minnesota
Federal Reserve Bank of
Minneapolis
Institutions
National Bureau of Economic
Research
Duke University

Website users.econ.umn.edu/~erm/
macroeconomist who is Professor of Economics at the
University of Minnesota and director of the Heller-Hurwicz
Economics Institute, and consults for the Federal Reserve
Bank of Minneapolis.[1]

McGrattan's professional honors include being a Research

Associate at the National Bureau of Economic Research, a
Fellow of the Econometric Society, a Fellow of the Society
for the Advancement of Economic Theory. She is a member
of the Bureau of Economic Analysis Advisory Committee,
and the Minnesota Population Center Advisory Board, and
formerly served as President of the Midwest Economics
Association.[1]

Contents
1 Education
2 Research
3 Selected papers
4 References
5 External links

Education
McGrattan received a Bachelor of Science in economics and
mathematics from Boston College,[1] followed by a Ph.D. in
economics from Stanford University in 1989.[2] McGrattan
has taught courses at Duke University, the European
University Institute, the Stockholm School of Economics, the
University of California, Los Angeles, the University of
Pennsylvania, the International Monetary Fund, Arizona State
University, and the University of Minho.[1]

Research
McGrattan is a macroeconomist who studies the effects of
monetary policy and fiscal policy on observable economic
outcomes, such as gross domestic product, investment, time
allocation, stock market variables, and international capital
flows.[1][3][4] She has extended real business-cycle theory
and reexamined puzzles in the study of business cycles,
including (in joint work with Edward C. Prescott) the role of
unmeasured investment in the 1990s United States boom.[5]
Other work on intangible assets has studied sweat equity.[6]
Other joint work with Prescott has studied the financing of
pensions in countries with population aging.[7]

Selected papers
McGrattan, Ellen R; Prescott, Edward C (2010).
"Unmeasured Investment and the Puzzling US Boom in
the 1990s" (PDF). American Economic Journal:
Macroeconomics. 2 (4): 88–123.
doi:10.1257/mac.2.4.88. ISSN 1945-7707.
S2CID 152747062.
McGrattan, Ellen R.; Prescott, Edward C. (2017). "On
financing retirement with an aging population" (PDF).
Quantitative Economics. 8 (1): 75–115.
 doi:10.3982/QE648. ISSN 1759-7323. S2CID 12155232.
Bhandari, Anmol; McGrattan, Ellen R. (2019). Sweat
Equity in U.S. Private Business (Technical report).
doi:10.21034/sr.560.

References
1. ^ a b c d e "Ellen R. McGrattan". Federal Reserve Bank of
Minneapolis. Retrieved 2019-04-25.
2. "Ellen McGrattan". MEA, The Midwest Economics
Association. Retrieved 2019-03-07.
3. "Interview with Ellen McGrattan". Federal Reserve Bank
of St. Louis. 2015. Retrieved 2019-03-07.
4. "Ellen McGrattan". University of Minnesota. Retrieved
2019-03-07.
5. McGrattan and Prescott, 2010
6. Bhandari and McGrattan, 2019
7. McGrattan and Prescott, 2017

External links
http://users.econ.umn.edu/~erm/research.php